Overview
What is Morganton Community Enrichment Inc?
Morganton Community Enrichment Inc is a nonprofit organization situated in Morganton, North Carolina, specifically at 644 First Street. Their primary mission is to contribute to the community by providing and developing affordable housing options for low-income residents within Burke County and the city of Morganton. In the recent fiscal year, they completed rehabilitation on three homes purchased earlier and sold one of the properties during the current year. Another home sale is set for the following year. The organization's actions demonstrate a commitment to enhancing housing accessibility and affordability for families in need within their local community.
Is Morganton Community Enrichment Inc legitimate?
Morganton Community Enrichment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morganton Community Enrichment 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: $6,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Morganton Community Enrichment Inc?
Morganton Community Enrichment Inc's mission is centered around assisting low-income families by developing and promoting affordable housing options. The organization strives to contribute to this cause in Burke County and the city of Morganton, North Carolina, specifically. In line with its mission, the organization has completed construction (or rehabilitation) on several homes purchased in previous years. Recently, one of these homes was sold during the current fiscal year (2021), with another sale pending for the subsequent year. The organization's primary goal is to provide affordable housing solutions, thereby improving living conditions for low-income families.
Who is the CEO of Morganton Community Enrichment Inc?
Steve Villar is the Secretary-Executive Director of Morganton Community Enrichment Inc.
What is the revenue of Morganton Community Enrichment Inc?
Morganton Community Enrichment Inc's revenue in 2021 was $84,497.
Who are the executives of Morganton Community Enrichment Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Morganton Community Enrichment Inc?
Morganton Community Enrichment Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Morganton Community Enrichment Inc
Morganton Community Enrichment Inc, as a mission-driven organization, strives to assist low-income families by actively developing and promoting affordable housing options in their community. This nonprofit's primary goal is to provide a solution for the housing needs of those who are financially disadvantaged, contributing to a more equitable living environment. In pursuit of this mission, Morganton Community Enrichment Inc has completed rehabilitation work on several homes purchased in previous years. These renovations have resulted in affordable housing options for families in need, demonstrating the organization's commitment to making a tangible difference in the lives of its community members. During the current fiscal year (2021), one of these homes was sold, and another sale is pending for the following year. This continued activity in the real estate market indicates Morganton Community Enrichment Inc's ongoing dedication to providing affordable housing solutions for low-income families.
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Impact
October, 2024
Morganton Community Enrichment Inc significantly enhances the lives of low-income residents in Burke County and the city of Morganton, North Carolina, through its dedicated efforts in developing and providing affordable housing. By successfully completing renovations on homes and facilitating their sale, the organization directly supports families in accessing stable living conditions. In the recent fiscal year, they not only sold one of their rehabilitated homes but also have another sale pending, demonstrating their ongoing commitment to creating housing opportunities. This initiative not only alleviates the housing crisis for low-income families but also contributes to the overall revitalization of the community, ensuring that more individuals have a place to call home.
This information is meant to be a general summary of Morganton Community Enrichment 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 2021.
- Investment Income: $26
- Program Service Revenue: $84,471
- Gross Receipts: $84,497
Assets and Liabilities:
- Total Assets: $849,338
- Total Liabilities: $2,353
- Net Assets: $846,985
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOUSE
Revenue
$84,471
Organization Details
Founding Year
2010
Phone
(828) 437-9101Principal Officer
Steve Villar
Main Address
644 FIRST STREET, MORGANTON, NC, 28655
NTEE Category
Code: L21 - Housing
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