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M7Ven Supportive Housing And Development Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261238301 ✦ Kennesaw, GA ✦ Designated as a 501(c)(3)

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Overview

What is M7Ven Supportive Housing And Development Group Inc?

M7Ven Supportive Housing and Development Group Inc is a nonprofit organization located in Kennesaw, Georgia. With a focus on affordable and sustainable housing, they work tirelessly to serve low and moderate-income households by engaging in neighborhood stabilization and foreclosure recovery initiatives. Their mission is to improve living conditions and promote community development, ultimately providing a better quality of life for those in need. The organization, with a small workforce of just two individuals, is dedicated to making a significant impact in housing recovery within the specified region.

Is M7Ven Supportive Housing And Development Group Inc legitimate?

M7Ven Supportive Housing And Development Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. M7Ven Supportive Housing And Development Group 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: $58,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of M7Ven Supportive Housing And Development Group Inc?

M7Ven Supportive Housing And Development Group Inc is dedicated to providing affordable and sustainable housing solutions for low and moderate income households. They achieve this objective through neighborhood stabilization and foreclosure recovery efforts. The organization's mission is centered around improving living conditions for these households by recovering and developing properties in a sustainable manner. Their activities aim to promote community stability and offer affordable housing options to those in need.

Who is the CEO of M7Ven Supportive Housing And Development Group Inc?

Beverly Creagh is the Executive Dir/Chairman of M7Ven Supportive Housing And Development Group Inc.

What is the revenue of M7Ven Supportive Housing And Development Group Inc?

M7Ven Supportive Housing And Development Group Inc's revenue in 2022 was $368,185.

Who are the executives of M7Ven Supportive Housing And Development Group Inc and what are their salaries?

The average compensation at M7Ven Supportive Housing And Development Group Inc during 2022 was $29,166. There are 2 employees and 4 volunteers at M7Ven Supportive Housing And Development Group Inc.


Here are 2 key members and their salaries:


Beverly Creagh (Executive Dir/Chairman)
  • Compensation: $58,333
  • Related: $0
  • Other: $0
K'Jerrel Smith (Cfo/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for M7Ven Supportive Housing And Development Group Inc?

M7Ven Supportive Housing And Development Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of M7Ven Supportive Housing And Development Group Inc

M7Ven Supportive Housing and Development Group Inc is committed to a mission of providing affordable and sustainable housing to low and moderate income households. This mission is achieved through the strategies of neighborhood stabilization and foreclosure recovery. By focusing on these areas, M7Ven works to ensure that individuals and families in need have access to safe and secure housing, contributing to the overall well-being of their communities. The organization's mission is a critical step in promoting social equality and fostering stable, resilient communities.

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Impact




October, 2024

M7Ven Supportive Housing And Development Group Inc plays a critical role in enhancing community resilience by offering affordable and sustainable housing options. By focusing on neighborhood stabilization and foreclosure recovery, the organization directly addresses the challenges faced by low and moderate-income households. This impact is reflected in the improvement of living conditions and increased stability for families, contributing to stronger, more sustainable communities in Kennesaw, GA. Their efforts not only provide immediate housing solutions but also support long-term economic revitalization, helping to mitigate the effects of housing instability in the region.




This information is meant to be a general summary of M7Ven Supportive Housing And Development Group 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.

Revenue
$368,185 (2022)
Expenses
$392,001 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $346,800
  • Gross Receipts: $368,185

Assets and Liabilities:

  • Total Assets: $1,059,963
  • Total Liabilities: $827,529
  • Net Assets: $232,434

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Donated Home Sales

Revenue

$26,500

Discounted Home Sales

Revenue

$295,000

Lease Payments

Revenue

$2,800

MSHOP Program Fees

Revenue

$1,000

SBESGC

Revenue

$21,500

Organization Details

Founding Year

2007

Principal Officer

Beverly Creagh

Main Address

1690 Roberts Blvd, Kennesaw, GA, 30144

NTEE Category

Code: L20 - Housing

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