Overview
What is Manhattan Area Housing Partnership Inc?
Manhattan Area Housing Partnership Inc is a nonprofit organization situated in Manhattan, Kansas. Their primary focus is on providing affordable and low-cost housing solutions within the community. With a workforce of 14 individuals, they have achieved significant progress in this area, as outlined in their program achievements. Their mission aligns with improving housing accessibility, and their significant activities are centered around this goal. The organization does not disclose further details about its activities or mission in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Manhattan Area Housing Partnership Inc has received a One-Star rating from Charity Navigator, indicating significant areas for improvement in its financial health and operational transparency. The Accountability & Finance score stands at 50%, which reflects a concerning balance between its income and expenses, specifically noted with a liabilities to assets ratio of 78.03%. While the organization has performed well in governance aspects, such as having a majority independent board and proper documentation practices, these strengths are overshadowed by its financial challenges.
The organization does exhibit some strengths, including full points for the majority of governance and accountability metrics. It scores well for having a conflict of interest policy, maintaining board meeting minutes, and ensuring appropriate document retention. These practices suggest a commitment to ethical governance and operational integrity. However, the low program expense ratio of 48.99% raises questions about the effective allocation of resources towards its mission.
Overall, while Manhattan Area Housing Partnership Inc demonstrates strong governance practices, its financial indicators suggest the need for significant revisions in its management and operational strategies to enhance its performance and sustainability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Manhattan Area Housing Partnership Inc legitimate?
Manhattan Area Housing Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manhattan Area Housing Partnership 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: $73,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $223,979
For more financial information, click here
What is the mission statement of Manhattan Area Housing Partnership Inc?
Manhattan Area Housing Partnership Inc's mission, as described, is centered around promoting affordable housing solutions. The organization strives to enhance the living conditions of various communities by advocating for and providing low-cost housing options. Their activities are geared towards making housing more accessible, aiming to bridge the gap between those in need and affordable housing. They also engage in significant activities that contribute to this cause, although specific details about these activities were not provided in the information.
Who is the CEO of Manhattan Area Housing Partnership Inc?
Christopher Bailey is the President/Se of Manhattan Area Housing Partnership Inc.
What is the revenue of Manhattan Area Housing Partnership Inc?
Manhattan Area Housing Partnership Inc's revenue in 2022 was $925,604.
Who are the executives of Manhattan Area Housing Partnership Inc and what are their salaries?
The average compensation at Manhattan Area Housing Partnership Inc during 2022 was $21,258. There are 14 employees at Manhattan Area Housing Partnership Inc.
Here are 6 key members and their salaries:
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- Other: $0
- Compensation: $73,634
- Related: $0
- Other: $0
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Where can I find the form 990 for Manhattan Area Housing Partnership Inc?
Manhattan Area Housing Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Manhattan Area Housing Partnership Inc
Manhattan Area Housing Partnership Inc, as described, focuses on a significant mission. This mission involves playing a crucial role in providing low-cost and affordable housing options. The organization strives to make a meaningful impact in this area, as outlined in the provided information.
In essence, Manhattan Area Housing Partnership Inc is dedicated to contributing to the housing sector by offering affordable solutions. Their primary objective is to ensure that individuals and families have access to housing that fits their financial circumstances, thereby promoting social equality and stability. By doing so, the organization aims to contribute positively to its community, enhancing the overall quality of life for its residents.
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Impact
July, 2024
Manhattan Area Housing Partnership Inc plays a crucial role in providing low-cost and affordable housing solutions in Manhattan, Kansas. Their impact can be seen in the tangible outcomes of their program achievements, which directly benefit individuals and families in need of stable housing options. By focusing on their mission to address the housing needs of the community, Manhattan Area Housing Partnership Inc contributes to enhancing the quality of life for residents and fostering a more sustainable and inclusive environment.
This information is meant to be a general summary of Manhattan Area Housing Partnership 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: $2,010
- Program Service Revenue: $911,819
- Gross Receipts: $925,604
Assets and Liabilities:
- Total Assets: $2,591,659
- Total Liabilities: $2,011,008
- Net Assets: $580,651
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGMENT & CONSULTING FEES
Revenue
$486,629
EXEMPT FUNCTION RENTAL INCOME
Revenue
$425,190
Organization Details
Founding Year
1988
Phone
(785) 587-0613Principal Officer
Christopher Bailey
Main Address
PO BOX 831, MANHATTAN, KS, 665050831
NTEE Category
Code: L20 - Housing
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