Overview
What is Midland Area Homes Inc?
Midland Area Homes Inc, with its operational base at 205 S Saginaw Rd, Midland, MI 48640, is a dedicated nonprofit organization. Their primary mission is to aid low-income families and seniors in maintaining their homes by providing necessary home repairs. To achieve this, they offer a combination of educational resources, advocacy, and support services, aiming to encourage self-sufficiency within the Midland County community. The organization, operating under the name Home to Stay Housing Assistance Center, is staffed by a team of 20 individuals, working tirelessly to ensure the stability of housing for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Midland Area Homes Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and transparency. The overall score of 69% reflects strong program expense management, with 98.58% of its expenditures directed towards programs. Additionally, the organization demonstrates strong governance practices with 100% independent board members, indicating a commitment to accountability.
However, several areas require attention, particularly in transparency and policy development. The organization has not provided financial statements, and key policies like conflict of interest, whistleblower, and document retention are missing. Furthermore, the absence of the nonprofit's tax form on its website raises concerns about accessibility and transparency for stakeholders.
While Midland Area Homes Inc shows strengths in program focus and board independence, its financial reporting and governance policies need significant improvement to enhance credibility and trust with potential donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Midland Area Homes Inc legitimate?
Midland Area Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland Area Homes 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: $62,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,459
For more financial information, click here
What is the mission statement of Midland Area Homes Inc?
Midland Area Homes Inc, an organization dedicated to assisting individuals in need, strives to help residents of Midland County maintain stable housing. They accomplish this goal through a combination of education, advocacy, and support services, ultimately promoting self-sufficiency. The organization's mission is to provide assistance to low-income families and seniors, enabling them to continue living in their own homes by conducting minor home repairs. By offering these services, Midland Area Homes Inc seeks to support its community members and contribute to their overall well-being.
Who is the CEO of Midland Area Homes Inc?
Donna St John is the Executive Di of Midland Area Homes Inc.
What is the revenue of Midland Area Homes Inc?
Midland Area Homes Inc's revenue in 2022 was $3,716,670.
Who are the executives of Midland Area Homes Inc and what are their salaries?
The average compensation at Midland Area Homes Inc during 2022 was $20,071. There are 20 employees and 7 volunteers at Midland Area Homes Inc.
Here are 8 key members and their salaries:
- Compensation: $62,968
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Midland Area Homes Inc?
Midland Area Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Midland Area Homes Inc
Midland Area Homes Inc, a nonprofit organization, is dedicated to assisting residents in need within Midland County. Their mission is centered around promoting self-sufficiency by offering education, advocacy, and support services. This approach aims to help individuals and families in the county sustain stable housing. Midland Area Homes Inc's activities are geared towards ensuring that low-income families and low-income seniors can continue residing in their homes, with the organization providing minor home repairs as necessary. By offering these services, Midland Area Homes Inc plays a significant role in enhancing the living conditions of its community members and enabling them to maintain their homes independently.
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Impact
July, 2024
Midland Area Homes Inc plays a crucial role in ensuring that low-income families and seniors in Midland County have access to stable housing. By offering education, advocacy, and support services, the organization helps individuals in need sustain their homes and promotes self-sufficiency. Additionally, Midland Area Homes Inc assists by providing minor home repairs to enable low-income residents to stay in their homes. Through these efforts, the organization has a direct impact on the well-being and housing security of vulnerable individuals in the community.
This information is meant to be a general summary of Midland Area Homes 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: $16,155
- Gross Receipts: $3,718,624
Assets and Liabilities:
- Total Assets: $1,332,023
- Total Liabilities: $17,667
- Net Assets: $1,314,356
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Organization Details
Founding Year
1969
Phone
(989) 496-9550Principal Officer
Donna St John
Main Address
205 S SAGINAW RD, MIDLAND, MI, 48640
NTEE Category
Code: L81Z - Housing
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