Overview
What is Northport Movin' Out Inc?
Northport Movin' Out Inc, a nonprofit organization located in Madison, Wisconsin, is committed to providing housing solutions for low-income individuals with disabilities and their families. They own and rent condominium homes, ensuring accessibility and affordability for these vulnerable groups. Their mission is deeply rooted in the belief that everyone deserves a secure and comfortable living space, regardless of their financial situation or disability status. The nonprofit's activities revolve around this mission, making a significant impact on the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
Northport Movin' Out Inc has received a Two-Star rating, indicating some areas of concern regarding its financial health and accountability. The organization has a strong Program Expense Ratio of 92.34%, demonstrating a commitment to directing funds towards its programs. However, the overall score is impacted by a high Liabilities to Assets Ratio of 137.44%, which raises questions about the organization's financial stability.
The charity shows strengths in governance, with all board members being independent and an absence of material diversion of assets. Additionally, it has listed a conflict of interest policy, which reflects a commitment to ethical practices. However, the absence of a whistleblower policy and document retention guidelines is a notable limitation, as these are crucial for transparency and accountability.
Overall, while Northport Movin' Out Inc displays strong programmatic focus and governance, it needs to address its financial liabilities and enhance its accountability measures to improve its rating and build greater trust with donors.
This AI summary has been generated from information found on Charity Navigator.
Is Northport Movin' Out Inc legitimate?
Northport Movin' Out Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northport Movin' Out 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 Northport Movin' Out Inc?
Northport Movin' Out Inc, as an organization, is committed to providing affordable condominium homes for low-income individuals with disabilities and their families. Their mission revolves around owning and renting out these properties, offering a living space that is accessible to those who require special accommodations due to their disabilities. By doing so, they aim to contribute to a more inclusive housing landscape, ensuring that individuals with disabilities have the opportunity to live independently and comfortably.
Who is the CEO of Northport Movin' Out Inc?
Kingsley Gobourne is the President of Northport Movin' Out Inc.
What is the revenue of Northport Movin' Out Inc?
Northport Movin' Out Inc's revenue in 2022 was $95,307.
Who are the executives of Northport Movin' Out Inc and what are their salaries?
There 3 volunteers at Northport Movin' Out Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Northport Movin' Out Inc?
Northport Movin' Out Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northport Movin' Out Inc
Northport Movin' Out, Inc. is a nonprofit organization with a distinctive mission. It specializes in providing affordable condominium homes to low-income individuals with disabilities and their families. By owning and renting these properties, Northport Movin' Out, Inc. aims to contribute to the housing needs of this specific demographic, offering them a place to call home. The organization's mission is centered around supporting individuals with disabilities and their families, providing them with the necessary housing to live comfortably and independently.
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Impact
October, 2024
Northport Movin' Out Inc provides vital housing solutions for low-income individuals with disabilities and their families in Madison, WI. By owning and renting condominium homes, the organization ensures that these vulnerable populations have access to safe and affordable living spaces. This initiative not only empowers residents to live independently but also fosters a sense of community and belonging. The availability of accessible housing significantly enhances the quality of life for individuals with disabilities, promoting stability and security for families. Through its focused efforts, Northport Movin' Out Inc plays a crucial role in addressing housing disparities and supporting inclusive, diverse communities.
This information is meant to be a general summary of Northport Movin' Out 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: $107
- Program Service Revenue: $95,120
- Gross Receipts: $95,307
Assets and Liabilities:
- Total Assets: $1,275,399
- Total Liabilities: $1,753,004
- Net Assets: -$477,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$95,120
Organization Details
Founding Year
2010
Phone
(608) 251-4446Principal Officer
Kingsley Gobourne
Main Address
902 ROYSTER OAKS DRIVE 105, MADISON, WI, 537149101
NTEE Category
Code: L112 - Housing
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