Overview
What is Missouri Meadows Community Inc?
Missouri Meadows Community Inc is a nonprofit organization situated in Great Falls, Montana, specifically at 3012 Lower River Road 3. Their primary mission is to offer reasonably priced lot spaces for 34 mobile home tenants. Missouri Meadows was established with the aim of providing a cost-effective housing option for low and moderate-income residents. The organization's goals include managing rental costs, preserving the community for present and future homeowners, and ensuring its affordability for this income group in the long term.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (65%, Two-Star out of Four Star rating)
Missouri Meadows Community Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting an overall score of 65%. The organization excels in accountability and finance, achieving a perfect score of 100% in this area. Notably, it has a fully independent board, with perfect scores for board size and the absence of material asset diversion.
However, there are significant areas of concern. The organization is missing critical policies, such as a whistleblower policy and guidelines for document retention and destruction, which detracted from its overall score. Additionally, the liabilities to assets ratio is concerning at 103.82%, indicating a potential financial strain. While the program expense ratio is commendable at 94.57%, the lack of essential governance policies may impact donor confidence and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Missouri Meadows Community Inc legitimate?
Missouri Meadows Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri Meadows Community 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: $0
For more financial information, click here
What is the mission statement of Missouri Meadows Community Inc?
Missouri Meadows Community Inc was established with the objective of offering an affordable home purchasing option for individuals and families with moderate to low incomes. One of its primary goals is to control rental costs, ensuring the community remains affordable for its current and future homeowners. The organization's long-term aim is to preserve this community, maintaining its affordability for generations to come. In order to accomplish this, Missouri Meadows Community Inc provides reasonably priced lot space for 34 mobile home tenants.
Who is the CEO of Missouri Meadows Community Inc?
Rodney Sangster is the Vice President of Missouri Meadows Community Inc.
What is the revenue of Missouri Meadows Community Inc?
Missouri Meadows Community Inc's revenue in 2022 was $121,183.
Who are the executives of Missouri Meadows Community Inc and what are their salaries?
There 3 volunteers at Missouri Meadows Community Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Missouri Meadows Community Inc?
Missouri Meadows Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Missouri Meadows Community Inc
Missouri Meadows Community Inc was established with a mission to provide an affordable housing option for low and moderate-income individuals and families. The organization's primary objectives include controlling rental costs, preserving the community for its current and future homeowners, and ensuring its affordability in the long term. By offering reasonably priced lot spaces for mobile homes, Missouri Meadows Community Inc aims to make homeownership accessible to a broader demographic, thereby contributing to a stable and sustainable community.
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Impact
October, 2024
Missouri Meadows Community Inc significantly impacts the housing landscape for low and moderate-income residents in Great Falls, MT. By providing affordable options for homeownership, the organization ensures that 34 mobile home tenants have access to reasonably priced lot space. This initiative plays a crucial role in stabilizing rental costs, allowing families to gain control over their housing expenses.
The organization is committed to preserving the community not only for current residents but also for future homeowners, fostering an environment where affordability remains a priority. By focusing on long-term affordability, Missouri Meadows Community Inc helps to enhance the quality of life for individuals and families who might otherwise be at risk of housing insecurity. This dedication to maintaining accessible housing contributes to the overall stability and vibrancy of the local community.
This information is meant to be a general summary of Missouri Meadows Community 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: $120
- Program Service Revenue: $119,063
- Gross Receipts: $121,183
Assets and Liabilities:
- Total Assets: $1,058,482
- Total Liabilities: $1,069,838
- Net Assets: -$11,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MOBILE HOME LOT RENT
Revenue
$119,063
Organization Details
Founding Year
2010
Phone
(406) 403-5469Principal Officer
Rodney Sangster
Main Address
3012 LOWER RIVER ROAD 3, GREAT FALLS, MT, 59405
NTEE Category
Code: L20 - Housing
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