Overview
What is Morton County Housing Corp?
Morton County Housing Corp is a nonprofit organization situated in Mandan, North Dakota. Its primary mission is to offer affordable housing options to individuals with moderate and low income, particularly those who have reached the age of 55. In 2022, the organization managed 178 housing units to cater to this demographic. With a small team of five employees, Morton County Housing Corp plays a significant role in addressing housing needs within the community.
Official website here: www.libertyheightshousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Morton County Housing Corp has received an 81% rating from Charity Navigator, indicating a solid performance in its Accountability & Finance metrics. This rating reflects that the organization adheres to strong governance practices, with 100% of its board members being independent and a complete absence of material diversions of assets. The charity also demonstrates commitment to transparency through listed policies on conflicts of interest, whistleblower protections, and a thorough documentation process for board meeting minutes.
The organization’s financial health is further evidenced by a low liabilities to assets ratio of 2.39%, showcasing its ability to manage debts effectively while maintaining a high program expense ratio of 83.53%. This suggests that a significant portion of its resources is directed towards fulfilling its mission, rather than operational overhead.
While the rating is commendable, it is important for potential donors and stakeholders to continuously monitor the organization’s performance and impact, as the rating is based solely on its Accountability & Finance score. Overall, Morton County Housing Corp appears to be a reliable nonprofit focused on providing housing assistance, supported by sound financial practices and governance structures.
This AI summary has been generated from information found on Charity Navigator.
Is Morton County Housing Corp legitimate?
Morton County Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morton County Housing Corp 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: $197,435
For more financial information, click here
Official website here: www.libertyheightshousing.com
What is the mission statement of Morton County Housing Corp?
The Morton County Housing Corp's mission is centered around providing affordable housing solutions for moderate and low-income individuals. In executing this mission, the corporation actively works to accommodate individuals who are 55 years of age and older. In 2022, the organization managed 178 housing units that catered to this demographic. The corporation's primary goal is to ensure that affordable housing is within reach for those who need it most.
Official website here: www.libertyheightshousing.com
Who is the CEO of Morton County Housing Corp?
Rick Horn is the Board Chair of Morton County Housing Corp.
Official website here: www.libertyheightshousing.com
What is the revenue of Morton County Housing Corp?
Morton County Housing Corp's revenue in 2022 was $1,127,513.
Official website here: www.libertyheightshousing.com
Who are the executives of Morton County Housing Corp and what are their salaries?
The average compensation at Morton County Housing Corp during 2022 was $39,487. There are 5 employees at Morton County Housing Corp.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.libertyheightshousing.com
Where can I find the form 990 for Morton County Housing Corp?
Morton County Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.libertyheightshousing.com
Learn more at the official website: www.libertyheightshousing.com
Mission Statement of Morton County Housing Corp
Morton County Housing Corp, as a nonprofit organization, is committed to providing affordable housing for individuals who fall into the moderate and low-income categories. This mission is at the heart of the corporation's activities, ensuring that housing remains a basic necessity within their reach. In 2022, Morton County Housing Corp demonstrated its dedication by housing 178 individuals who are 55 years of age and older. This service, while specific to an age group, underscores the organization's broader aim to make housing accessible to a wide range of individuals who might otherwise struggle to secure suitable and affordable accommodations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Morton County Housing Corp significantly impacts the community by ensuring access to affordable housing for moderate and low-income individuals. In 2022, the organization provided 178 housing units specifically catering to individuals aged 55 and older in Mandan, North Dakota. This initiative not only addresses the critical need for affordable living spaces but also supports the well-being and stability of the aging population. By prioritizing housing for those who may otherwise struggle to find suitable options, Morton County Housing Corp plays a vital role in enhancing the quality of life for many residents in the area.
This information is meant to be a general summary of Morton County Housing Corp. 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: $1,898
- Program Service Revenue: $1,119,581
- Gross Receipts: $1,127,513
Assets and Liabilities:
- Total Assets: $3,061,030
- Total Liabilities: $61,832
- Net Assets: $2,999,198
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME/LAUNDRY
Revenue
$1,119,581
Organization Details
Founding Year
1989
Phone
(701) 663-7494Principal Officer
Rick Horn
Main Address
PO BOX 517, MANDAN, ND, 585540517
NTEE Category
Code: L80Z - Housing
If you are a representative of Morton County Housing Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.