Overview
What is Magnificat Houses Inc?
Magnificat Houses Inc is a nonprofit organization situated in Houston, Texas. Their primary mission is to offer a supportive and welcoming community for individuals seeking housing, food, and mental health assistance. This community fosters stability, productivity, and independence through various programs. Residents live, work, and play together in 16 safe and dignified neighborhood homes, accommodating up to 170 people. The organization provides emergency residences for short-term stays, as well as permanent supportive homes and single occupancy units. Residents are encouraged to participate in community activities, share responsibilities, and celebrate together, building a strong and respectful environment. The organization's services extend to offering mental health programs and providing resources for up to 90 nights of emergency shelter.
Official website here: www.mhihouston.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)
Magnificat Houses Inc has received a strong 94% rating from Charity Navigator, highlighting its effective management in both accountability and impact measurement. The organization excels in impact evaluation, scoring a perfect 100, indicating a robust framework for assessing the outcomes of its services. Its program expense ratio of 83.33% suggests a significant portion of its resources is directed toward its programs, ensuring that funds are utilized effectively to help those in need.
User reviews from Great Nonprofits emphasize the transformative impact Magnificat Houses has on individuals facing homelessness and other challenges. Clients commend the organization's compassionate approach, which provides not only shelter and meals but also essential support for personal growth and rehabilitation. Many describe their experiences as life-changing, attributing their renewed hope and direction to the services offered by the organization.
While the financial accountability score is lower at 44%, the overall effectiveness and commitment to serving vulnerable populations stand out as key strengths. Reviewers appreciate the blend of practical support and spiritual guidance available, reflecting the organization's philosophy that emphasizes helping individuals get back on their feet rather than merely providing temporary relief.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Magnificat Houses Inc legitimate?
Magnificat Houses Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnificat Houses Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $147,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $687,432
For more financial information, click here
Official website here: www.mhihouston.org
What is the mission statement of Magnificat Houses Inc?
Magnificat Houses Inc is committed to offering a supportive and welcoming community for individuals in need of housing, food, and mental health programs. Their mission is to help these individuals grow in stability, productivity, and independence. By providing a stable family atmosphere, residents live, work, and play together, fostering a sense of community. Through various programs, the organization encourages its residents to work towards self-sufficiency. They offer short-term emergency residences, permanent supportive homes, and single occupancy units. Residents are expected to participate in the community, share household responsibilities, and respect each other's traditions while celebrating holidays and birthdays together. Day trips are also organized as part of the program.
Official website here: www.mhihouston.org
Who is the CEO of Magnificat Houses Inc?
Victor Hay is the Principal Officer of Magnificat Houses Inc.
Official website here: www.mhihouston.org
What is the revenue of Magnificat Houses Inc?
Magnificat Houses Inc's revenue in 2022 was $2,431,488.
Official website here: www.mhihouston.org
Who are the executives of Magnificat Houses Inc and what are their salaries?
The average compensation at Magnificat Houses Inc during 2022 was $41,763. There are 20 employees and 2299 volunteers at Magnificat Houses Inc.
Here are 17 key members and their salaries:
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Official website here: www.mhihouston.org
Where can I find the form 990 for Magnificat Houses Inc?
Magnificat Houses Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhihouston.org
Learn more at the official website: www.mhihouston.org
Mission Statement of Magnificat Houses Inc
Magnificat Houses Inc, a non-profit organization, is dedicated to providing a nurturing community for individuals in need of housing, food, and mental health support. Their mission is centered around fostering stability, productivity, and independence for those seeking help. The organization creates a family-like atmosphere where residents live, work, and play together, promoting growth and development.
With a network of sixteen safe and dignified neighborhood homes, Magnificat Houses Inc provides shelter for up to 170 men and women. Residents are encouraged to participate in the community and various programs, working towards achieving stability and, if possible, independence. The organization offers emergency residences for short-term stays, as well as permanent supportive homes and single occupancy units.
Residents are expected to share household chores and responsibilities, respect one another's traditions, and celebrate holidays and birthdays together. They also partake in day trips, further enriching their living experience. Magnificat Houses Inc is committed to rebuilding lives and offering a welcoming environment where individuals can grow and thrive.
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Impact
June, 2024
Magnificat Houses Inc has a profound impact on the lives of individuals in Houston, Texas. By offering a welcoming community where those in need can access housing, food, and mental health programs, the organization provides a stable environment for individuals to grow in stability, productivity, and independence. With a focus on rebuilding lives in a family-like atmosphere, Magnificat Houses Inc operates 16 neighborhood homes that can accommodate up to 170 men and women. Residents not only have a place to live but also participate in community activities, work together, and support each other towards achieving stability and, ideally, full independence. Through emergency residences, permanent supportive homes, and single occupancy units, the organization provides much-needed resources and a sense of belonging to those in need. By fostering a culture of mutual respect, shared responsibilities, and communal celebrations, Magnificat Houses Inc makes a positive impact on the lives of its residents and the community at large.
This information is meant to be a general summary of Magnificat Houses Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $781
- Program Service Revenue: $227,137
- Gross Receipts: $3,341,448
Assets and Liabilities:
- Total Assets: $4,452,560
- Total Liabilities: $55,987
- Net Assets: $4,396,573
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident rent
Revenue
$227,137
Organization Details
Founding Year
1968
Phone
(713) 529-4231Principal Officer
Victor Hay
Main Address
PO Box 8486, Houston, TX, 772888486
Website
www.mhihouston.orgNTEE Category
Code: F33Z - Mental health
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