Overview
What is Mcdowell County Housing Action Network Inc?
Mcdowell County Housing Action Network Inc is a nonprofit organization situated in Welch, West Virginia, with a specific mission to improve the living conditions in their local community. They provide housing for low-income and elderly individuals, ensuring a decent living environment for those in need. With 15 units available for rental, all expenses are attributed to the facility. The organization's primary goal is to enhance the quality of life in Mcdowell County, Southern West Virginia, by catering to the housing needs of its vulnerable population.
Official website here: www.shedhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
Mcdowell County Housing Action Network Inc has achieved a remarkable score of 97% from Charity Navigator, earning a prestigious Four-Star rating. This high overall score reflects the charity's robust commitment to accountability and finance, with a strong focus on transparency and responsible management of resources.
The organization demonstrates a commendable level of governance, featuring a fully independent board of directors and no material diversion of assets, which indicates a high level of integrity in its operations. Additionally, essential policies, such as conflict of interest and whistleblower protections, are in place, ensuring ethical conduct within the organization.
Financially, the charity showcases impressive efficiency with a program expense ratio of 85.44%, meaning a significant portion of its funds directly support its mission. The low liabilities to assets ratio of 7.20% further highlights its solid financial health, suggesting that it is well-positioned to continue its impactful work in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Mcdowell County Housing Action Network Inc legitimate?
Mcdowell County Housing Action Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcdowell County Housing Action Network 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: $11,191
For more financial information, click here
Official website here: www.shedhousing.org
What is the mission statement of Mcdowell County Housing Action Network Inc?
The mission of Mcdowell County Housing Action Network Inc is centered around enhancing the quality of life for individuals in need. Specifically, they aim to provide housing opportunities for low-income, elderly individuals. Their activities are focused on making a significant impact in this area, with 15 units currently available for rental. All expenses related to the facility are attributed to its operation.
Official website here: www.shedhousing.org
Who is the CEO of Mcdowell County Housing Action Network Inc?
Delores Johnson is the President of Mcdowell County Housing Action Network Inc.
Official website here: www.shedhousing.org
What is the revenue of Mcdowell County Housing Action Network Inc?
Mcdowell County Housing Action Network Inc's revenue in 2022 was $51,786.
Official website here: www.shedhousing.org
Who are the executives of Mcdowell County Housing Action Network Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.shedhousing.org
Where can I find the form 990 for Mcdowell County Housing Action Network Inc?
Mcdowell County Housing Action Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shedhousing.org
Learn more at the official website: www.shedhousing.org
Mission Statement of Mcdowell County Housing Action Network Inc
Mcdowell County Housing Action Network Inc, a nonprofit organization, is committed to improving the quality of life in its community by providing housing for low-income and elderly individuals. Their mission is centered around enhancing the living conditions of these individuals, aiming to make a significant impact on their daily lives. The corporation operates with a range of housing units, 15 to be precise, which are available for rental. All expenses related to the facility are accounted for, ensuring the continued maintenance and availability of these lodgings. This dedicated work of Mcdowell County Housing Action Network Inc plays a crucial role in providing a sense of stability and security for those who may be in need, ultimately contributing to an improved overall well-being within the community.
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Impact
August, 2024
Mcdowell County Housing Action Network Inc enhances the quality of life in McDowell County by providing housing for low-income, elderly individuals. They have 15 units available for rental, entirely dedicated to this cause. This initiative directly addresses a critical need in the community, ensuring that vulnerable populations have access to safe and affordable housing.
This information is meant to be a general summary of Mcdowell County Housing Action Network 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: $38
- Program Service Revenue: $24,936
- Gross Receipts: $51,786
Assets and Liabilities:
- Total Assets: $829,498
- Total Liabilities: $59,800
- Net Assets: $769,698
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$23,702
LAUNDRY & VENDING
Revenue
$872
OTHER TENANT REVENUE
Revenue
$362
Organization Details
Founding Year
2001
Phone
(304) 436-6367Principal Officer
Delores Johnson
Main Address
69 WYOMING STREET, WELCH, WV, 24801
Website
www.shedhousing.orgNTEE Category
Code: L21 - Housing
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