Overview
What is My Own Home?
My Own Home is a nonprofit organization based in Kalamazoo, Michigan, with a mission to provide affordable housing for lower-income individuals with developmental disabilities. Established to benefit charitable organizations in the Kalamazoo County area, they aim to help these individuals live with the support of a community. Their primary focus is on housing, although they may also offer additional resources to ensure a supportive living environment for their residents.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 80%, Three-Star out of Four Star rating.
My Own Home has earned a solid Three-Star rating from Charity Navigator, with an overall score of 80%. This rating reflects a strong focus on accountability and financial management, which is crucial for maintaining donor trust and operational transparency. The charity's commitment to having a majority of independent board members, along with no reported material diversion of assets, showcases its dedication to good governance practices.
Strengths highlighted in the assessment include a perfect score for independent board member involvement and a high program expense ratio of 98.57%, indicating that the vast majority of funds are directed towards its programs rather than administrative costs. The presence of a conflict of interest policy further reinforces its commitment to ethical operations. Additionally, the organization documents its board meeting minutes, which contributes to transparency.
While the organization scores highly in numerous areas, it's important for potential donors and supporters to stay informed about the ongoing activities and impact of My Own Home. Engaging with updated reports or recent testimonials can provide a more comprehensive understanding of the nonprofit's effectiveness and outreach. Overall, My Own Home demonstrates a strong foundation in accountability and finance, making it a commendable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is My Own Home legitimate?
My Own Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Own Home 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:
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What is the mission statement of My Own Home?
My Own Home is a charitable organization dedicated to providing affordable housing for individuals with developmental disabilities who have lower incomes. The mission of My Own Home is to enable these individuals to live within a supportive community. This organization operates solely for the benefit of and to carry out the functions and purposes of certain charitable organizations within Michigan, aiming to provide services on a charitable basis to developmentally disabled individuals.
Who is the CEO of My Own Home?
Fiorella Spalvieri is the Director of My Own Home.
What is the revenue of My Own Home?
My Own Home's revenue in 2022 was $164,620.
Who are the executives of My Own Home and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $116,323
- Other: $6,586
Where can I find the form 990 for My Own Home?
My Own Home's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of My Own Home
My Own Home is an organization dedicated to providing affordable housing for low-income individuals with developmental disabilities. Its mission is to create a supportive community where these individuals can thrive. My Own Home operates with the aim of benefiting charitable organizations located in various regions, all of which share a common purpose: to offer charitable services to developmentally disabled individuals. This nonprofit endeavors to facilitate a living environment where these individuals can live with the support of a community, thereby enhancing their quality of life.
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Impact
June, 2024
My Own Home's impact is significant in providing affordable housing for low-income individuals with developmental disabilities in Kalamazoo, MI. By offering these individuals a supportive community to live in, My Own Home helps enhance their quality of life and well-being. This initiative contributes to the overall well-being and inclusion of individuals with developmental disabilities, promoting mental health and overall stability within the community.
This information is meant to be a general summary of My Own Home. 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: $116,323
- Program Service Revenue: $48,297
- Gross Receipts: $218,987
Assets and Liabilities:
- Total Assets: $898,881
- Total Liabilities: $10,208
- Net Assets: $888,673
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$48,297
Organization Details
Founding Year
1997
Phone
(269) 343-6355Principal Officer
Fiorella Spalvieri
Main Address
626 REED STREET, KALAMAZOO, MI, 49001
NTEE Category
Code: F20Z - Mental health
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