Overview
What is Hamilton County Mental Health Housing Corporation?
Hamilton County Mental Health Housing Corporation is a non-profit organization located in Chattanooga, Tennessee. It is dedicated to providing housing solutions for low-income individuals struggling with mental health issues. The corporation maintains 36 residential apartments specifically designed to accommodate and support these individuals. The core mission of the organization revolves around offering housing, which is a crucial aspect in promoting stability and recovery for those dealing with mental illness. The corporation's work plays a significant role in improving the living conditions and overall well-being of this vulnerable group in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Hamilton County Mental Health Housing Corporation has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial management. The score is primarily derived from their strong performance in various accountability metrics, reflecting a commitment to transparency and good governance. The organization benefits from a fully independent board, which ensures that decision-making is free from conflicts of interest.
Strengths noted in the evaluation include a high program expense ratio of 84.67%, demonstrating that a significant portion of their funding is allocated directly to programs rather than administrative costs. Other areas of governance, such as their conflict of interest policy and whistleblower protections, are well-established, which points to a robust framework for ethical operations. Furthermore, the organization has no reported issues related to material asset diversion.
However, a significant concern is highlighted in the liabilities to assets ratio, which stands at 107.30%. This indicates that the organization has more liabilities than assets, suggesting potential financial instability. While the charity excels in many governance aspects, addressing its financial health will be essential for long-term sustainability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Hamilton County Mental Health Housing Corporation legitimate?
Hamilton County Mental Health Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hamilton County Mental Health Housing Corporation 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: $6,525
For more financial information, click here
What is the mission statement of Hamilton County Mental Health Housing Corporation?
The Hamilton County Mental Health Housing Corporation is dedicated to providing housing for low-income individuals battling mental illness. Their mission is to offer a safe and supportive living environment for these individuals, ensuring they have a place to call home. Through their efforts, they have managed and maintained 36 residential apartment units, providing a much-needed solution for those in need.
Who is the CEO of Hamilton County Mental Health Housing Corporation?
Dawn J Carlton is the Member of Hamilton County Mental Health Housing Corporation.
What is the revenue of Hamilton County Mental Health Housing Corporation?
Hamilton County Mental Health Housing Corporation's revenue in 2023 was $471,461.
Who are the executives of Hamilton County Mental Health Housing Corporation and what are their salaries?
There 3 volunteers at Hamilton County Mental Health Housing Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hamilton County Mental Health Housing Corporation?
Hamilton County Mental Health Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hamilton County Mental Health Housing Corporation
The Hamilton County Mental Health Housing Corporation is dedicated to providing housing for low-income individuals who are mentally ill. Specifically, the organization's mission is to offer residential apartments as a safe and supportive living environment for these individuals. Through its efforts, the Corporation has successfully provided and maintained 36 such apartments, offering a crucial service to those in need. By doing so, the Hamilton County Mental Health Housing Corporation plays a vital role in enhancing the quality of life for these individuals, providing them with a stable and secure living environment, thereby contributing to their overall well-being and recovery.
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Impact
June, 2024
Hamilton County Mental Health Housing Corporation's impact is significant in providing housing for low-income mentally ill individuals in Chattanooga, TN. The organization has successfully provided and maintained 36 residential housing apartments for this vulnerable population, offering them a safe and stable living environment. By addressing the critical need for housing among the mentally ill, Hamilton County Mental Health Housing Corporation plays a crucial role in improving the quality of life and well-being of individuals who may otherwise struggle to find suitable accommodation. Their dedication to this mission underscores their commitment to supporting mental health and addressing homelessness within the community.
This information is meant to be a general summary of Hamilton County Mental Health Housing Corporation. 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 2023.
- Investment Income: $19
- Program Service Revenue: $106,799
- Gross Receipts: $471,461
Assets and Liabilities:
- Total Assets: $271,625
- Total Liabilities: $291,455
- Net Assets: -$19,830
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT - GROUP HO
Revenue
$106,799
Organization Details
Founding Year
1979
Phone
(423) 825-4345Principal Officer
Dawn J Carlton
Main Address
PO BOX 4755, CHATTANOOGA, TN, 37405
NTEE Category
Code: F33Z - Mental health
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