Overview
What is Mueller Foundation?
The Mueller Foundation, established in Austin, Texas, is a charitable organization with a mission to enhance the quality of life in its local community. Specifically, it focuses on the Mueller and surrounding areas, aiming to improve various aspects such as education, job training, open spaces, and parks. One of its significant contributions is promoting affordable housing, with over 500 homes currently in its program. The foundation has facilitated the resale of 19 affordable homes to new owners and sold four homes to the market in 2022. Additionally, 39 new homes were added to the program in the same year. With three employees, the Mueller Foundation works diligently to support and fund public purposes consistent with the spirit and intent of the Mueller community's vision and goals.
Official website here: www.muellerfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Mueller Foundation has received a Four-Star rating from Charity Navigator, with an overall score of 96%. This high score is exclusively derived from their Accountability & Finance metrics, reflecting the organization's strong commitment to transparency and sound financial management. The rating indicates that donors can have confidence in the foundation's operational integrity.
One of the standout strengths of the Mueller Foundation is its governance structure. With 100% of its board members being independent, the organization ensures that decision-making is free from conflicts of interest. Additionally, it has received perfect scores in areas such as financial oversight, conflict of interest policies, and document retention, showcasing robust internal controls and best practices in nonprofit management.
While the foundation excels in accountability and financial practices, potential donors and stakeholders might consider looking for additional information on programmatic impact and effectiveness. The high program expense ratio of 87.54% indicates that a significant portion of its funds goes directly to programs, which is a positive sign. Overall, the Mueller Foundation demonstrates strong financial health and operational accountability, making it a trustworthy recipient of donations.
This AI summary has been generated from information found on Charity Navigator.
Is Mueller Foundation legitimate?
Mueller Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mueller Foundation 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: $169,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,092
For more financial information, click here
Official website here: www.muellerfoundation.org
What is the mission statement of Mueller Foundation?
The Mueller Foundation's mission is primarily focused on promoting charitable and educational purposes in various aspects. It strives to enhance the availability of quality schools and lifelong education programs, create open spaces and parks, provide job training programs, promote sustainable development, and support affordable housing. The foundation serves as a long-term mechanism to implement, support, and fund public benefits derived from the community vision and goals associated with the redevelopment of a former municipal airport site. As of 2022, the foundation has constructed 583 homes in its affordable housing program, with some of them being sold to new affordable homeowners, while others were sold to the market.
Official website here: www.muellerfoundation.org
Who is the CEO of Mueller Foundation?
Frances Ferguson is the Secretary of Mueller Foundation. The CEO's salary of Mueller Foundation is $0 and their total compensation is $0.
Official website here: www.muellerfoundation.org
What is the revenue of Mueller Foundation?
Mueller Foundation's revenue in 2022 was $1,118,842.
Official website here: www.muellerfoundation.org
Who are the executives of Mueller Foundation and what are their salaries?
The average compensation at Mueller Foundation during 2022 was $89,196. There are 3 employees at Mueller Foundation.
Here are 8 key members and their salaries (Mueller Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $160,000
- Related: $0
- Other: $9,496
Official website here: www.muellerfoundation.org
Where can I find the form 990 for Mueller Foundation?
Mueller Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.muellerfoundation.org
Learn more at the official website: www.muellerfoundation.org
Mission Statement of Mueller Foundation
The Mueller Foundation, established with charitable and educational purposes in mind, aims to enhance various aspects of its operational region. This region, while not explicitly mentioned, is understood to have a significant connection to the Mueller community. The foundation's efforts are primarily focused on improving the availability of quality neighborhood schools and lifelong education programs, fostering open spaces and parks, providing job training opportunities, promoting sustainable development, supporting affordable housing, and pursuing other charitable and educational objectives that align with the spirit and intent of the Mueller Design Book.
The Mueller Foundation serves a crucial role in implementing, supporting, and funding public purposes and benefits derived from the redevelopment of the former Robert Mueller Municipal Airport site in Austin, Texas. Its mission is to provide a long-term mechanism that sustains the community vision and goals associated with this redevelopment project. As of year-end 2022, the foundation has successfully constructed and incorporated 583 homes into its affordable housing program. Out of these, 19 homes were sold to new affordable homeowners, while four were sold on the market in 2022. Furthermore, 39 new homes were added to the program in 2022, demonstrating the foundation's commitment to providing affordable housing solutions within its operational region.
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Impact
October, 2024
The Mueller Foundation significantly impacts the Austin community through its dedicated efforts to enhance the quality of life in the Mueller area and its surroundings. By promoting quality neighborhood schools and lifelong education programs, it fosters an environment where residents can access essential educational resources, thereby equipping them with the tools needed for personal and professional development.
Moreover, the foundation is committed to the creation of open spaces and parks, ensuring that community members have access to recreational areas that contribute to their well-being and promote social interaction. The availability of job training programs further strengthens the workforce, helping individuals gain the skills necessary to pursue meaningful employment in a rapidly changing job market.
Sustainable development initiatives supported by the foundation encourage environmentally responsible practices, enhancing the resilience of the community. Additionally, the foundation's focus on affordable housing has resulted in 583 homes being part of its affordable housing program, with 39 new homes added in 2022 and successful transitions for many families into homeownership.
Collectively, these efforts create a vibrant, inclusive community that thrives on educational opportunities, accessible amenities, and a commitment to sustainability, reflecting the vision derived from the redevelopment of the former Robert Mueller Municipal Airport site.
This information is meant to be a general summary of Mueller Foundation. 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: $102,258
- Program Service Revenue: $1,016,584
- Gross Receipts: $1,118,842
Assets and Liabilities:
- Total Assets: $51,204,103
- Total Liabilities: $39,390
- Net Assets: $51,164,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY ASSESSMENT F
Revenue
$729,666
AFFORDABILITY HOUSING
Revenue
$282,408
CONSULTING REVENUE
Revenue
$4,510
Organization Details
Founding Year
2007
Phone
(515) 827-3303Principal Officer
Frances Ferguson
Main Address
4550 MUELLER BLVD, AUSTIN, TX, 78723
Website
www.muellerfoundation.orgNTEE Category
Code: L82 - Housing
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