Overview
What is Mhp Scattered Site Inc?
Mhp Scattered Site Inc is a nonprofit corporation, entirely managed by Montgomery Housing Partnership, Inc., a recognized 501(c)(3) organization. Their primary mission is to offer affordable housing solutions to low-income families. This is accomplished through the ownership of 103 scattered site units, which were acquired under Montgomery County's Moderately Priced Dwelling Unit (MPDU) program. The organization's primary objective remains to make housing accessible and affordable for this socio-economic group.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Mhp Scattered Site Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in certain areas. With an overall score of 71%, the charity excels in Accountability & Finance, achieving a perfect score in aspects such as material diversion of assets and financial oversight. However, the organization struggles with transparency, as reflected by the lack of independent board members and failure to post key documents, including tax forms, on its website.
Despite the solid framework for financial management and oversight, the absence of independent board members raises concerns about governance and decision-making. The charity does possess effective policies regarding conflict of interest and whistleblower protection, which contribute positively to its accountability structure. However, the low score in certain areas indicates there are significant opportunities for enhancing transparency and community trust.
Overall, while Mhp Scattered Site Inc demonstrates strong financial accountability, its limitations in governance and public transparency highlight the need for improvements. Addressing these issues could bolster its effectiveness and improve its standing among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Mhp Scattered Site Inc legitimate?
Mhp Scattered Site Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhp Scattered Site 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: $494,130
For more financial information, click here
What is the mission statement of Mhp Scattered Site Inc?
Mhp Scattered Site Inc, a corporation primarily controlled by Montgomery Housing Partnership, Inc., is dedicated to providing affordable housing solutions for low-income families. As an extension of its parent organization, Mhp Scattered Site Inc's primary objective is to serve this specific demographic under Montgomery County's Moderately Priced Dwelling Unit (MPDU) program, managing a total of 103 scattered site units. The corporation's main purpose is to promote affordable housing opportunities, contributing to a more equitable living environment for these families.
Who is the CEO of Mhp Scattered Site Inc?
Robert Goldman is the President of Mhp Scattered Site Inc.
What is the revenue of Mhp Scattered Site Inc?
Mhp Scattered Site Inc's revenue in 2022 was $3,689,343.
Who are the executives of Mhp Scattered Site Inc and what are their salaries?
There 3 volunteers at Mhp Scattered Site Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $120,253
- Other: $12,216
- Compensation: $0
- Related: $94,980
- Other: $19,220
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $291,957
- Other: $49,394
- Compensation: $0
- Related: $97,259
- Other: $992
- Compensation: $0
- Related: $79,610
- Other: $2,304
Where can I find the form 990 for Mhp Scattered Site Inc?
Mhp Scattered Site Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mhp Scattered Site Inc
Mhp Scattered Site Inc, a corporation under the control of Montgomery Housing Partnership, Inc., is dedicated to providing affordable housing solutions for low-income families. As a 501(c)(3) organization, its primary objective is to serve this demographic effectively. The organization achieves this mission by owning 103 scattered site units, which were acquired under Montgomery County's Moderately Priced Dwelling Unit (MPDU) program. This strategic approach allows Mhp Scattered Site Inc to make housing more accessible and affordable for families in need, significantly contributing to their well-being and stability.
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Impact
July, 2024
MHP Scattered Site Inc's impact is significant in providing affordable housing for low-income families in Silver Spring, MD. The organization owns 103 scattered site units purchased under Montgomery County's Moderately Priced Dwelling Unit program. By offering affordable housing options, MHP Scattered Site Inc helps low-income families access safe and stable homes, contributing to community stability and improved quality of life for those in need.
This information is meant to be a general summary of Mhp Scattered Site 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: $9,030
- Program Service Revenue: $3,638,330
- Gross Receipts: $3,689,343
Assets and Liabilities:
- Total Assets: $24,429,195
- Total Liabilities: $22,754,152
- Net Assets: $1,675,043
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,633,110
CLEANING FEE
Revenue
$5,220
Organization Details
Founding Year
1992
Phone
(301) 622-2400Principal Officer
Robert Goldman
Main Address
12200 TECH ROAD 250, SILVER SPRING, MD, 20904
NTEE Category
Code: L200 - Housing
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