Overview
What is Mha Housing Of Central North Carolina Inc?
Mha Housing Of Central North Carolina Inc is a non-profit organization situated in Raleigh, North Carolina. Their primary mission is to provide housing for individuals struggling with mental illness. Established in the heart of Raleigh, they offer a safe and supportive environment for those in need. By focusing on this critical aspect, they aim to improve the quality of life for the mentally ill in the Central North Carolina region. Their work remains a beacon of hope and support for those seeking a stable living situation amidst their challenges.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Mha Housing Of Central North Carolina Inc holds a One-Star rating from Charity Navigator, reflecting significant concerns regarding their financial accountability. The score is driven solely by the Accountability & Finance category, which indicates that while the organization performs well in certain governance aspects, it struggles with financial stability, particularly as evidenced by a liabilities to assets ratio that exceeds 100%.
The organization demonstrates strengths in having a fully independent board, with perfect scores in board independence, size, and documentation of board meeting minutes. Additionally, they have a commendable program expense ratio of 81.63%, indicating a strong commitment to their mission-related activities.
However, the concerning liabilities to assets ratio presents a major limitation, suggesting potential financial risks that could affect their sustainability and service delivery. Overall, while there are positive governance practices in place, the financial health of Mha Housing Of Central North Carolina Inc raises significant red flags for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mha Housing Of Central North Carolina Inc legitimate?
Mha Housing Of Central North Carolina Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mha Housing Of Central North Carolina 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:
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What is the mission statement of Mha Housing Of Central North Carolina Inc?
Mha Housing Of Central North Carolina Inc is an organization dedicated to providing housing solutions for individuals grappling with mental illness. Their mission is centered around offering a safe and supportive living environment for those struggling with mental health issues. By offering housing, they aim to facilitate recovery and improve the quality of life for these individuals. Their activities are focused on providing suitable accommodations tailored to the needs of the mentally ill, enabling them to live with dignity and independence.
Who is the CEO of Mha Housing Of Central North Carolina Inc?
John Nash is the Director of Mha Housing Of Central North Carolina Inc.
What is the revenue of Mha Housing Of Central North Carolina Inc?
Mha Housing Of Central North Carolina Inc's revenue in 2022 was $322,485.
Who are the executives of Mha Housing Of Central North Carolina Inc and what are their salaries?
There 12 volunteers at Mha Housing Of Central North Carolina Inc.
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Where can I find the form 990 for Mha Housing Of Central North Carolina Inc?
Mha Housing Of Central North Carolina Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mha Housing Of Central North Carolina Inc
Mha Housing of Central North Carolina Inc, a nonprofit organization, is dedicated to providing housing for individuals battling mental illness. Its mission is geared towards offering a safe and supportive living environment for those struggling with mental health issues. By offering accommodation, this organization aims to alleviate some of the challenges faced by these individuals, enabling them to focus on their recovery and well-being. The organization's mission is a testament to its commitment to improving the lives of those affected by mental illness, providing them with a stable foundation from which to rebuild their lives.
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Impact
June, 2024
MHA Housing of Central North Carolina Inc's impact can be seen in the lives of individuals suffering from mental illness in Raleigh, North Carolina. By providing safe and stable housing for this vulnerable population, the organization plays a crucial role in enhancing their well-being and quality of life. This support contributes to the overall mental health of the community and helps reduce homelessness among those with mental health challenges. The organization's mission-driven approach demonstrates a commitment to addressing the unique housing needs of individuals with mental illness, ultimately making a positive impact on their lives and the broader community.
This information is meant to be a general summary of Mha Housing Of Central North Carolina 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: $73
- Program Service Revenue: $139,286
- Gross Receipts: $322,485
Assets and Liabilities:
- Total Assets: $892,205
- Total Liabilities: $1,074,547
- Net Assets: -$182,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent revenue
Revenue
$139,286
Organization Details
Founding Year
1986
Phone
(919) 782-4632Principal Officer
John Nash
Main Address
353 E Six Forks Road Suite 300, Raleigh, NC, 27609
NTEE Category
Code: F33 - Mental health
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