Overview
What is Montis Residential?
Montis Residential is a nonprofit organization situated in Gadsden, Alabama, specifically at 400 Broad Street. Its primary mission is to provide dependable housing for individuals with intellectual, developmental, and mental disabilities. The organization strives to establish and maintain a nurturing environment for these individuals, aiming to enhance their overall well-being. Furthermore, Montis Residential works towards improving the mental health of the wider community at large. With a dedicated team of 65 employees, the organization is committed to assisting and supporting those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Star rating)
Montis Residential has achieved a strong score in Accountability & Finance, indicating robust governance practices and a majority of independent board members. However, the organization has received a low score in financial statements, which highlights potential areas needing improvement in transparency and financial reporting. The rating also reflects the absence of certain policies, such as a whistleblower and document retention policy, which could enhance organizational integrity.
Despite these limitations, Montis Residential demonstrates a solid program expense ratio of 71.47%, suggesting that a significant portion of its expenses is directed towards its programs and mission. This focus on program spending is a positive aspect of their operational efficiency.
Overall, while the organization displays strengths in governance and program spending, the critical areas of financial transparency and policy formulation warrant attention to improve their overall effectiveness and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Montis Residential legitimate?
Montis Residential is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montis Residential 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: $483,024
For more financial information, click here
What is the mission statement of Montis Residential?
Montis Residential is dedicated to providing safe and suitable housing for individuals with intellectual, developmental, and mental disabilities. Their mission also includes establishing and maintaining a healthy environment for these individuals. Furthermore, Montis Residential strives to improve the mental health of the wider community. By fulfilling these objectives, they aim to enhance the lives of those with disabilities and contribute positively to the community as a whole.
Who is the CEO of Montis Residential?
Don Steward is the President of Montis Residential.
What is the revenue of Montis Residential?
Montis Residential's revenue in 2023 was $774,645.
Who are the executives of Montis Residential and what are their salaries?
The average compensation at Montis Residential during 2023 was $7,431. There are 65 employees at Montis Residential.
Here are 4 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
Where can I find the form 990 for Montis Residential?
Montis Residential's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Montis Residential
Montis Residential, a nonprofit organization, is dedicated to providing a secure and suitable living environment for individuals who are intellectually, developmentally, and mentally disabled. Their mission extends beyond mere housing, aiming to establish and maintain a healthy environment where these individuals can thrive. Furthermore, Montis Residential strives to contribute to the betterment of the community's mental health at large. By offering appropriate housing and fostering a nurturing environment, Montis Residential seeks to enhance the lives of those it serves, ultimately improving the mental health of the wider community.
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Impact
July, 2024
Montis Residential's impact is significant as it provides safe and appropriate housing for intellectually, developmentally, and mentally disabled individuals. By creating and sustaining a healthy environment for this vulnerable population, Montis Residential not only improves their quality of life but also contributes to enhancing the mental health of the broader community. Its focus on ensuring the well-being and security of those with disabilities demonstrates a commitment to inclusivity and compassion in society.
This information is meant to be a general summary of Montis Residential. 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 2023.
- Investment Income: $3,620
- Program Service Revenue: $769,657
- Gross Receipts: $774,645
Assets and Liabilities:
- Total Assets: $792,416
- Total Liabilities: $16,634
- Net Assets: $775,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BILLING INCOME
Revenue
$475,230
ADMINISTRATIVE INCOME
Revenue
$220,350
ROOM AND BOARD
Revenue
$74,077
Organization Details
Founding Year
2014
Phone
(256) 439-1975Principal Officer
Don Steward
Main Address
400 BROAD STREET, GADSDEN, AL, 35902
NTEE Category
Code: P73 - Human services
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