Overview
What is Mennonite Housing Rehabilitation Services Inc?
Mennonite Housing Rehabilitation Services Inc, based in Wichita, Kansas, is a nonprofit organization primarily dedicated to providing affordable housing solutions. Specifically, they specialize in developing and managing senior and multi-family rental properties. Their mission is to assist low-income families and the elderly and disabled, offering them homes through HUD housing programs. With a workforce of 58 dedicated individuals, they contribute significantly to their community by ensuring that these vulnerable groups have access to suitable living accommodations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
Mennonite Housing Rehabilitation Services Inc has received a robust rating of 85%, indicating a solid performance in accountability and finance. The organization boasts a fully independent board with 100% of its members being independent, which enhances its governance and decision-making processes. Additionally, it has shown strong oversight with no material diversion of assets, a comprehensive conflict of interest policy, and effective whistleblower protections.
The program expense ratio stands at 62.72%, suggesting that a significant portion of its funding is directed towards its programs. This is a positive indicator of the charity's commitment to its mission of providing housing rehabilitation services. However, the program expense ratio also reflects that there may be room for improvement in allocating further resources directly to its programs for maximizing impact.
Despite these strengths, the organization could enhance its effectiveness by focusing on increasing its program expenses relative to total spending. Continuous monitoring and potential adjustments in this area could further solidify its reliability as a nonprofit committed to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Mennonite Housing Rehabilitation Services Inc legitimate?
Mennonite Housing Rehabilitation Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mennonite Housing Rehabilitation Services 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $740,034
For more financial information, click here
What is the mission statement of Mennonite Housing Rehabilitation Services Inc?
Mennonite Housing Rehabilitation Services Inc is dedicated to providing low-income housing for the elderly and disabled. They accomplish this through the implementation of HUD housing programs, which offer homes to families in need of financial assistance. The organization's primary goal is to create a housing solution for this vulnerable population, thereby enhancing their living conditions. Their activities primarily involve the development and management of senior and multi-family affordable rental properties, providing a secure and affordable living environment for these individuals.
Who is the CEO of Mennonite Housing Rehabilitation Services Inc?
Byron Adrian is the Ceo of Mennonite Housing Rehabilitation Services Inc. The CEO's salary of Mennonite Housing Rehabilitation Services Inc is $123,072 and their total compensation is $150,889.
What is the revenue of Mennonite Housing Rehabilitation Services Inc?
Mennonite Housing Rehabilitation Services Inc's revenue in 2022 was $1,813,824.
Who are the executives of Mennonite Housing Rehabilitation Services Inc and what are their salaries?
The average compensation at Mennonite Housing Rehabilitation Services Inc during 2022 was $12,759. There are 58 employees at Mennonite Housing Rehabilitation Services Inc.
Here are 16 key members and their salaries (Mennonite Housing Rehabilitation Services Inc's CEO's salary is $123,072 and their total compensation is $150,889):
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- Other: $27,817
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Where can I find the form 990 for Mennonite Housing Rehabilitation Services Inc?
Mennonite Housing Rehabilitation Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mennonite Housing Rehabilitation Services Inc
Mennonite Housing Rehabilitation Services Inc is dedicated to providing affordable housing solutions for the elderly and disabled community. Through partnerships with the U.S. Department of Housing and Urban Development (HUD), the organization offers housing opportunities to low-income families. Their mission is twofold: firstly, they develop and manage senior and multi-family rental properties that cater to the needs of these vulnerable populations. Secondly, they ensure that these properties remain affordable, providing a stable living environment for their residents. By offering affordable housing, Mennonite Housing Rehabilitation Services Inc plays a significant role in supporting the overall well-being of the elderly and disabled community, enabling them to maintain their independence and dignity.
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Impact
July, 2024
Mennonite Housing Rehabilitation Services Inc has a direct impact on providing affordable housing for low-income elderly and disabled individuals in Wichita, Kansas. Through HUD housing programs, this organization offers a vital service by ensuring that these vulnerable populations have access to safe and secure homes. By developing and managing affordable rental properties, Mennonite Housing Rehabilitation Services Inc plays a crucial role in supporting individuals and families in need, ultimately contributing to the overall well-being of the community.
This information is meant to be a general summary of Mennonite Housing Rehabilitation Services 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: $23,307
- Program Service Revenue: $1,098,576
- Gross Receipts: $2,761,933
Assets and Liabilities:
- Total Assets: $8,957,159
- Total Liabilities: $1,810,676
- Net Assets: $7,146,483
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$513,026
GENERAL CONTRACTS
Revenue
$289,801
RENTAL HOUSING INCOME
Revenue
$130,884
PASSTHROUGH FROM INVES
Revenue
$98,926
PROGRAM SERVICE REVENU
Revenue
$65,939
Organization Details
Founding Year
1977
Phone
(316) 942-4848Principal Officer
Byron Adrian
Main Address
2145 N TOPEKA, WICHITA, KS, 67214
NTEE Category
Code: L25Z - Housing
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