Overview
What is Mha Housing Of Eastern North Carolina Inc?
Mha Housing of Eastern North Carolina Inc is a nonprofit organization based in Raleigh, North Carolina, with a specific focus on providing housing for individuals struggling with mental illness. Operating from 353 E Six Forks Road Suite 300, this organization dedicates its efforts to ensuring shelter and support for those in need, contributing positively to the mental health community within the Eastern North Carolina region. Their mission, as described, is to provide housing for the mentally ill, offering a much-needed service for this vulnerable demographic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%
Mha Housing Of Eastern North Carolina Inc has received a One-Star out of Four Star rating from Charity Navigator, which reflects concerns primarily related to accountability and financial metrics. The organization has an overall score derived from its accountability and finance score of 58, indicating that while some aspects of governance are strong, there are significant areas needing improvement.
Strengths include a fully independent board with all 12 members meeting the independence criteria, as well as a solid program expense ratio of 82.71%, which demonstrates a commitment to utilizing funds effectively for program services. Additionally, the organization documents its board meeting minutes, contributing positively to transparency and governance.
However, the most notable limitation lies in the liabilities to assets ratio, which stands at 191.36%. This high ratio suggests that the organization may face financial challenges, impacting its long-term sustainability and ability to fulfill its mission effectively. Overall, while Mha Housing Of Eastern North Carolina Inc shows promise in certain governance aspects, its financial health raises concerns for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mha Housing Of Eastern North Carolina Inc legitimate?
Mha Housing Of Eastern North Carolina Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mha Housing Of Eastern 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 Eastern North Carolina Inc?
Mha Housing of Eastern North Carolina Inc is dedicated to providing housing solutions for individuals struggling with mental illness. Their mission is centered around offering a safe and supportive living environment for those affected by mental health issues. By offering housing, they aim to contribute significantly to the well-being and recovery of these individuals, enabling them to live fulfilling lives. Their activities primarily focus on accommodating people with mental health conditions, ensuring they have access to a stable living situation that caters to their unique needs.
Who is the CEO of Mha Housing Of Eastern North Carolina Inc?
John Nash is the Director of Mha Housing Of Eastern North Carolina Inc.
What is the revenue of Mha Housing Of Eastern North Carolina Inc?
Mha Housing Of Eastern North Carolina Inc's revenue in 2022 was $182,186.
Who are the executives of Mha Housing Of Eastern North Carolina Inc and what are their salaries?
There 12 volunteers at Mha Housing Of Eastern North Carolina Inc.
Here are 12 key members and their salaries:
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Where can I find the form 990 for Mha Housing Of Eastern North Carolina Inc?
Mha Housing Of Eastern North Carolina Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mha Housing Of Eastern North Carolina Inc
Mha Housing of Eastern North Carolina Inc is an organization dedicated to providing housing for individuals grappling with mental illness. This nonprofit's primary mission is to offer a safe and supportive living environment for those in need, focusing on individuals struggling with mental health issues. By providing housing, Mha Housing of Eastern North Carolina Inc aims to create a space where individuals can focus on their recovery and rebuild their lives. The organization's services extend beyond basic housing, ensuring that residents have access to the resources they need to maintain their well-being. This includes providing necessary support and care, allowing them to live with dignity and independence.
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Impact
June, 2024
MHA Housing of Eastern North Carolina Inc provides critical housing support for individuals suffering from mental illness in Raleigh, NC. Their work directly addresses the urgent need for stable and secure housing for this vulnerable population. By offering housing assistance, MHA Housing of Eastern North Carolina Inc helps individuals with mental health challenges to access a stable living environment, which is essential for their overall well-being and recovery. This organization's impact can be measured in the improved quality of life and increased stability experienced by those they serve.
This information is meant to be a general summary of Mha Housing Of Eastern 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: $66
- Program Service Revenue: $58,694
- Gross Receipts: $182,186
Assets and Liabilities:
- Total Assets: $767,014
- Total Liabilities: $1,467,774
- Net Assets: -$700,760
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent revenue
Revenue
$58,694
Organization Details
Founding Year
1987
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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