Overview
What is Nami Michigan?
Nami Michigan is a nonprofit organization based in Lansing, Michigan, with a workforce of three individuals. Their primary focus is on providing education, support, and advocacy to individuals affected by mental illness, their families, and the general public. To achieve this, they offer training programs, conferences, and events like the NAMI Walks, which aim to increase public awareness of mental health issues. They serve as a valuable resource for mental health professionals, individuals, and families, enabling them to better understand and cope with mental health conditions. Additionally, they contribute to advocacy efforts, working towards improved policies and services for those affected by mental illness.
Official website here: www.nami.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 78%, Three-Star out of Four Star rating.
Nami Michigan has received a Three-Star rating, indicating a solid performance in accountability and finance. The charity's overall score is primarily based on a strong accountability framework, with 100% of its board members being independent, which enhances governance and transparency. The organization has well-established policies for conflict of interest, whistleblowing, and document retention, all of which contribute positively to its financial health.
The financial metrics are promising, with a low liabilities-to-assets ratio of 6.03%, reflecting sound financial management. Additionally, the program expense ratio of 67.44% suggests that a significant portion of its budget is allocated towards its programs, which is a favorable indicator of its commitment to its mission. These strengths signify a responsible and well-managed organization.
However, while Nami Michigan excels in financial accountability, the rating reflects that there may be room for improvement in areas such as maximizing program funding and impact. Continued focus on enhancing transparency and efficiency will be important for maintaining and potentially improving its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Nami Michigan legitimate?
Nami Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nami Michigan 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: $77,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,530
For more financial information, click here
Official website here: www.nami.org
What is the mission statement of Nami Michigan?
Nami Michigan's mission is centered around providing education, support, and advocacy to individuals grappling with mental illness, their families, and the general public. The organization strives to enlighten mental health professionals, individuals, and families of the mentally ill through training programs, conferences, and events like the Nami Walks, aimed at raising awareness about mental illness. Their primary goal is to foster understanding and support for those affected by mental illness within the community.
Official website here: www.nami.org
Who is the CEO of Nami Michigan?
Kevin Fischer is the Director of Nami Michigan.
Official website here: www.nami.org
What is the revenue of Nami Michigan?
Nami Michigan's revenue in 2022 was $703,784.
Official website here: www.nami.org
Who are the executives of Nami Michigan and what are their salaries?
The average compensation at Nami Michigan during 2022 was $52,091. There are 3 employees at Nami Michigan.
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Official website here: www.nami.org
Where can I find the form 990 for Nami Michigan?
Nami Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nami.org
Learn more at the official website: www.nami.org
Mission Statement of Nami Michigan
Nami Michigan, a nonprofit organization, is committed to providing education, support, and advocacy to individuals living with mental illness, their families, and the general public. The organization's mission is to bridge the gap between those affected by mental illness and the resources needed to aid in their recovery and overall well-being.
To achieve this, Nami Michigan offers various educational and training programs. They equip mental health professionals, individuals, and families of the mentally ill with the necessary knowledge and skills through training programs, conferences, and events such as the Nami Walks, which aim to raise awareness about mental illness.
In essence, Nami Michigan serves as a beacon of hope for those grappling with mental illness, their families, and the wider community. By providing comprehensive education and support, the organization seeks to foster a more understanding and compassionate society where those living with mental illness can thrive.
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Impact
July, 2024
Nami Michigan plays a crucial role in providing education, support, and advocacy for the mentally ill, their families, and the general public in the state of Michigan. Through its programs, conferences, and events like NAMI Walks, the organization raises awareness about mental illness and provides training for mental health professionals, individuals, and families affected by mental health challenges. Nami Michigan's impact is significant in promoting mental health education and support services within the community.
This information is meant to be a general summary of Nami Michigan. 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: $4,931
- Program Service Revenue: $49,172
- Gross Receipts: $716,364
Assets and Liabilities:
- Total Assets: $939,709
- Total Liabilities: $56,740
- Net Assets: $882,969
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE
Revenue
$42,971
EDUCATIONAL PROGRAMS
Revenue
$6,201
Organization Details
Founding Year
1986
Principal Officer
Kevin Fischer
Main Address
401 S WASHINGTON SQ STE 104, LANSING, MI, 48933
Website
www.nami.orgNTEE Category
Code: F80 - Mental health
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