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Montgomery Supported Housing Inc

Independence Place

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

EIN: 262526385 ✦ Conroe, TX ✦ Designated as a 501(c)(3)

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Overview

What is Montgomery Supported Housing Inc?

Montgomery Supported Housing Inc is a nonprofit organization, headquartered in Conroe, Texas, specifically at PO Box 3067. The organization's primary mission is to provide individuals with disabilities with housing facilities that cater to their unique physical, social, and psychological needs. This specialized housing facility is known as Independence Place Apartments, which consists of 15 units situated in Montgomery, Texas. The nonprofit's activities and mission revolve around offering housing facilities to individuals with disabilities. The organization, with a workforce of 3 dedicated individuals, strives to enhance the living conditions and overall well-being of those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

Montgomery Supported Housing Inc has achieved an impressive 94% rating from Charity Navigator, indicating strong performance in accountability and finance. This high score is driven exclusively by their beacon score, which reflects their commitment to transparency and effective management of resources. The charity has demonstrated excellent governance, with a fully independent board of directors and no material diversion of assets.

The organization excels in several key areas, including a solid program expense ratio of 91.42%. This suggests that a significant majority of their expenditures directly support their programs, indicating a focus on their mission. Additionally, they have well-established policies for conflict of interest, whistleblower protection, and document retention, all of which contribute to their overall accountability.

While the data highlights numerous strengths, potential donors may want to consider the broader impact and specific programs of Montgomery Supported Housing Inc. Overall, the organization appears to be well-managed and dedicated to its objectives, making it a promising choice for those looking to support nonprofit work in housing support.


This AI summary has been generated from information found on Charity Navigator.

Is Montgomery Supported Housing Inc legitimate?

Montgomery Supported Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Supported Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,830

For more financial information, click here

What is the mission statement of Montgomery Supported Housing Inc?

Montgomery Supported Housing Inc, as an organization, is dedicated to providing housing facilities for individuals with disabilities. Their mission is to offer accommodations specifically designed to cater to the physical, social, and psychological needs of these individuals. One of their notable housing facilities is Independence Place Apartments, located in an undisclosed location. This housing complex consists of 15 units, providing a safe and supportive living environment for individuals with disabilities. The organization's focus is on enhancing the quality of life for these individuals, ensuring they have access to suitable living arrangements that meet their unique needs.

Who is the CEO of Montgomery Supported Housing Inc?

Sharon Walker is the President of Montgomery Supported Housing Inc.

What is the revenue of Montgomery Supported Housing Inc?

Montgomery Supported Housing Inc's revenue in 2022 was $184,207.

Who are the executives of Montgomery Supported Housing Inc and what are their salaries?

The average compensation at Montgomery Supported Housing Inc during 2022 was $19,610. There are 3 employees at Montgomery Supported Housing Inc.


Here are 4 key members and their salaries:


Sharon Walker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Cooley (Vice Pres/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Fetterman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Duren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Montgomery Supported Housing Inc?

Montgomery Supported Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Montgomery Supported Housing Inc

Montgomery Supported Housing Inc, a nonprofit organization, is dedicated to providing individuals with disabilities with housing facilities. Their mission is to offer accommodations specifically designed to cater to the physical, social, and psychological needs of these individuals. The housing facility, known as Independence Place Apartments, is a 15-unit complex located in Montgomery, Texas. This organization goes beyond merely providing a place to live, ensuring that each resident receives the necessary support to lead a fulfilling life.

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Impact




October, 2024

Montgomery Supported Housing Inc significantly enhances the quality of life for individuals with disabilities by providing tailored housing facilities and supportive services. With its Independence Place Apartments, consisting of 15 units in Montgomery, Texas, the organization creates a safe and accessible environment designed to meet the physical, social, and psychological needs of its residents. This fosters independence and enhances the well-being of individuals, allowing them to thrive in a community setting.

By focusing on the unique requirements of each resident, Montgomery Supported Housing Inc plays a crucial role in promoting inclusion and offering individuals the opportunity to live autonomously while still receiving necessary support. The impact extends beyond housing; it empowers residents to engage socially and improve their mental health, ultimately contributing to a more inclusive and supportive community.




This information is meant to be a general summary of Montgomery Supported Housing 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
$184,207 (2022)
Expenses
$234,379 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $545
  • Program Service Revenue: $183,662
  • Gross Receipts: $184,207

Assets and Liabilities:

  • Total Assets: $1,670,102
  • Total Liabilities: $45,488
  • Net Assets: $1,624,614

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Programs

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

HUD RENT ASSISTANCE

Revenue

$146,326

TENANT RENT AND FEES

Revenue

$34,996

SPECIAL CLAIMS REVENUE

Revenue

$2,340

Organization Details

Founding Year

2008

Principal Officer

Sharon Walker

Main Address

PO BOX 3067, CONROE, TX, 77305

NTEE Category

Code: L20 - Housing

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