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Miami Valley In-Ovations Inc

Inclusive Neighborhoods Housing Cor

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

EIN: 311345575 ✦ Englewood, OH ✦ Designated as a 501(c)(3)

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Overview

What is Miami Valley In-Ovations Inc?

Miami Valley In-Ovations Inc, also known as Inclusive Neighborhoods Housing Corp, is a nonprofit organization based in Englewood, Ohio. With a small team of just two employees, their primary mission is to provide affordable housing opportunities for individuals with developmental disabilities. They actively acquire and manage permanent homes aimed at ensuring a comfortable living environment for this specific community, in addition to others in need. The organization's commitment to affordable housing is a testament to their dedication to supporting the well-being and independence of individuals with developmental disabilities.


Official website here: www.inhcmc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

Miami Valley In-Ovations Inc has achieved a high level of excellence with a 96% score, earning a Four-Star rating from Charity Navigator. This score reflects a strong commitment to accountability and finance, which is critical for donor trust and confidence. The charity's overall evaluation hinges entirely on one beacon score, emphasizing its financial management practices and governance.

The organization excels in several areas, particularly its independent board governance, with 100% of its members being independent. It achieved full marks for its audit and oversight committee, material diversion of assets, and various policies that support transparency and ethical governance, including conflict of interest and whistleblower policies. These strengths indicate a robust operational framework that prioritizes integrity and accountability.

There are no notable limitations mentioned in the data, suggesting that Miami Valley In-Ovations Inc maintains a strong financial health and operational effectiveness. With a program expense ratio of 77.27%, the charity effectively allocates a significant portion of its resources towards its mission, further underscoring its commitment to serving the community.


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

Is Miami Valley In-Ovations Inc legitimate?

Miami Valley In-Ovations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami Valley In-Ovations 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: $123,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,986

For more financial information, click here


Official website here: www.inhcmc.org

What is the mission statement of Miami Valley In-Ovations Inc?

Miami Valley In-Ovations Inc's mission is centered around providing affordable housing for individuals with developmental disabilities. The organization actively acquires and manages permanent homes, ensuring they remain affordable for this specific group, in addition to others in need. Their primary goal is to provide a living space that is accessible and financially feasible for individuals with developmental disabilities, thereby enhancing their quality of life. The organization's efforts aim to address the unique housing needs of this community, fostering inclusivity and promoting independence.


Official website here: www.inhcmc.org

Who is the CEO of Miami Valley In-Ovations Inc?

Carriaretha Paschal is the Ceo of Miami Valley In-Ovations Inc. The CEO's salary of Miami Valley In-Ovations Inc is $123,700 and their total compensation is $123,700.


Official website here: www.inhcmc.org

What is the revenue of Miami Valley In-Ovations Inc?

Miami Valley In-Ovations Inc's revenue in 2022 was $1,178,044.


Official website here: www.inhcmc.org

Who are the executives of Miami Valley In-Ovations Inc and what are their salaries?

The average compensation at Miami Valley In-Ovations Inc during 2022 was $93,343. There are 2 employees at Miami Valley In-Ovations Inc.


Here are 8 key members and their salaries (Miami Valley In-Ovations Inc's CEO's salary is $123,700 and their total compensation is $123,700):


Carriaretha Paschal (Ceo)
  • Compensation: $123,700
  • Related: $0
  • Other: $0
Rose Bradley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Caffee (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joanne Mawasha (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Soifer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayne Weikel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.inhcmc.org

Where can I find the form 990 for Miami Valley In-Ovations Inc?

Miami Valley In-Ovations Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inhcmc.org

Learn more at the official website: www.inhcmc.org

Mission Statement of Miami Valley In-Ovations Inc

Miami Valley In-Ovations Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for individuals living with developmental disabilities. Their mission is to acquire and manage permanent homes that are affordable for this particular group of individuals, as well as others in need. By offering such housing, Miami Valley In-Ovations Inc aims to contribute to a more inclusive and supportive community for all its residents. The organization's work is instrumental in ensuring that individuals with developmental disabilities have access to safe and affordable housing, enhancing their overall quality of life.

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Impact




October, 2024

Miami Valley In-Ovations Inc significantly impacts the community by providing affordable housing solutions for individuals with developmental disabilities. By acquiring and managing permanent, affordable homes, the organization ensures that these individuals have stable and secure living situations, which are crucial for their well-being and independence.

This initiative not only addresses the critical need for accessible housing but also fosters a sense of community and belonging among residents. By prioritizing the needs of individuals with developmental disabilities, Miami Valley In-Ovations Inc plays a vital role in promoting inclusivity and dignity within the larger society in Englewood, Ohio. Through their efforts, they help enhance the quality of life for those they serve while advocating for better housing opportunities for all.




This information is meant to be a general summary of Miami Valley In-Ovations 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
$1,178,044 (2022)
Expenses
$323,251 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,107
  • Gross Receipts: $3,110,574

Assets and Liabilities:

  • Total Assets: $21,001,672
  • Total Liabilities: $5,147,121
  • Net Assets: $15,854,551

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Organization Details

Founding Year

1993

Principal Officer

Carriaretha Paschal

Main Address

PO BOX 115, ENGLEWOOD, OH, 45322

NTEE Category

Code: L20Z - Housing

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