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Myrover-Reese Fellowship Homes Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560811917 ✦ Fayetteville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Myrover-Reese Fellowship Homes Inc?

Myrover-Reese Fellowship Homes Inc is a non-profit organization dedicated to providing a secure, supportive, and structured environment for individuals seeking recovery from alcohol and drug addiction. Based on the information provided, their primary mission is to offer a safe haven for those on the path to recovery, focusing on holistic care to aid in their healing process. Although specific details about the organization's reach, programs, or employee count were not disclosed, it is clear that they are committed to utilizing their resources to support those in need and help them overcome their struggles with substance abuse.


Official website here: www.mrfh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star Rating

Myrover-Reese Fellowship Homes Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The scoring reflects strengths in governance, with 100% of board members being independent, as well as the presence of a robust audit and oversight committee. These factors contribute positively to the trustworthiness of the organization.

However, the organization has some limitations that affect its overall score. The absence of a conflict of interest policy has resulted in a deduction of points, which raises concerns about transparency in decision-making. Additionally, while their program expense ratio is strong, their liabilities to assets ratio indicates a potential area for improvement.

Overall, Myrover-Reese Fellowship Homes Inc demonstrates a commitment to accountability, yet it is important for them to address the identified gaps to enhance their operational integrity and foster greater donor confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Myrover-Reese Fellowship Homes Inc legitimate?

Myrover-Reese Fellowship Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Myrover-Reese Fellowship Homes 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: $313,899

For more financial information, click here


Official website here: www.mrfh.org

What is the mission statement of Myrover-Reese Fellowship Homes Inc?

The mission of Myrover-Reese Fellowship Homes Inc is centered around providing a secure, supportive, and structured environment for individuals seeking recovery from alcohol and other drug addictions. This organization aims to facilitate the rehabilitation process, offering a safe and structured space conducive to recovery.


Official website here: www.mrfh.org

What is the revenue of Myrover-Reese Fellowship Homes Inc?

Myrover-Reese Fellowship Homes Inc's revenue in 2024 was $1,067,447.


Official website here: www.mrfh.org

Who are the executives of Myrover-Reese Fellowship Homes Inc and what are their salaries?

The average compensation at Myrover-Reese Fellowship Homes Inc during 2024 was $9,232. There are 34 employees at Myrover-Reese Fellowship Homes Inc.

Here are 12 key members and their salaries:


Dixon Soffe (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bevan Grice (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Chandler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ramos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Black (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Fike (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Southerland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmie Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Donovan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Frye (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitzi Averitte (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Leonard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mrfh.org

Where can I find the form 990 for Myrover-Reese Fellowship Homes Inc?

Myrover-Reese Fellowship Homes Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.mrfh.org

Learn more at the official website: www.mrfh.org

Mission Statement of Myrover-Reese Fellowship Homes Inc

Myrover-Reese Fellowship Homes Inc, a nonprofit organization, is dedicated to providing a safe, supportive, and structured environment for individuals seeking recovery from alcohol and other drugs. Their mission is geared towards offering a sanctuary where those in recovery can find the support they need to overcome their addictions and begin a new life. The organization's primary focus is on creating an environment that fosters healing and growth, enabling individuals to embark on their journey towards sobriety with confidence and determination. By providing a structured environment, Myrover-Reese Fellowship Homes Inc aims to help individuals establish healthy routines and habits, ultimately setting them on a path towards a fulfilling and substance-free life.

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Impact




July, 2024

Myrover-Reese Fellowship Homes Inc has a significant impact on individuals seeking recovery from alcohol and other drugs by providing a safe, supportive, and structured environment. Through their mission to offer a secure space for those in need of assistance with overcoming addiction, they contribute positively to mental health and well-being in their community.




This information is meant to be a general summary of Myrover-Reese Fellowship Homes 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.

Revenue
$1,067,447 (2024)
Expenses
$1,109,684 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $50,947
  • Program Service Revenue: $132,031
  • Gross Receipts: $1,067,447

Assets and Liabilities:

  • Total Assets: $1,560,146
  • Total Liabilities: $1,016,480
  • Net Assets: $543,666

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEPARTMENT OF VETERAN

Revenue

$81,234

ALLIANCE BEHAVIORAL HE

Revenue

$50,797

Organization Details

Founding Year

1984

Principal Officer

Dixon Soffe

NTEE Category

Code: F22Z - Mental health

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