Overview
What is The Meadows Housing Corporation Inc?
The Meadows Housing Corporation Inc, located in Cordova, Tennessee (specifically at 1615 Appling Road), is a dedicated nonprofit organization. Their primary mission is to offer housing and essential services to families who fall under the categories of low, very low, and extremely low income levels. This commitment extends beyond mere provision of shelter, encompassing a comprehensive range of support services tailored to meet the needs of these families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Meadows Housing Corporation Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. With a score of 79%, the organization demonstrates a commitment to responsible financial management and transparency, indicating that it efficiently utilizes its resources to further its mission.
Strengths of the organization include a fully independent board, which enhances governance and decision-making integrity, as well as a strong program expense ratio of 94.07%. This suggests that the majority of its funds are directed towards its programs rather than administrative expenses. Additionally, the organization has established comprehensive policies for conflict of interest, whistleblower protections, and document retention, showcasing its dedication to ethical practices.
While the overall rating is positive, the 79% score leaves room for improvement, particularly in areas that can build further stakeholder confidence. Continuous efforts to enhance operational effectiveness and outreach could strengthen its standing and impact within the community. Overall, The Meadows Housing Corporation Inc demonstrates a solid foundation for supporting its mission while maintaining accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is The Meadows Housing Corporation Inc legitimate?
The Meadows Housing Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Meadows Housing Corporation 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: $28,882
For more financial information, click here
What is the mission statement of The Meadows Housing Corporation Inc?
The Meadows Housing Corporation Inc is committed to providing housing and essential services to families who fall under the categories of low, very low, and extremely low income levels. Their mission is centered around ensuring these families have access to the necessary resources required for a decent living standard. The corporation's activities revolve around offering housing solutions and supportive services to help these families maintain their living situation with dignity and stability.
Who is the CEO of The Meadows Housing Corporation Inc?
Brian Harris is the Non-Voting Ceo of The Meadows Housing Corporation Inc. The CEO's salary of The Meadows Housing Corporation Inc is $0 and their total compensation is $0.
What is the revenue of The Meadows Housing Corporation Inc?
The Meadows Housing Corporation Inc's revenue in 2022 was $1,214,645.
Who are the executives of The Meadows Housing Corporation Inc and what are their salaries?
There 12 volunteers at The Meadows Housing Corporation Inc.
Here are 16 key members and their salaries (The Meadows Housing Corporation Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for The Meadows Housing Corporation Inc?
The Meadows Housing Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Meadows Housing Corporation Inc
The Meadows Housing Corporation Inc is dedicated to serving a vital role in the community by providing housing and essential services to families who fall into the categories of low, very low, and extremely low income levels. This nonprofit organization's mission is to offer a sanctuary and essential resources to these families, ensuring they have a stable living environment. By doing so, The Meadows Housing Corporation Inc aims to improve the overall quality of life for these families, offering them a chance to focus on their well-being and future prospects.
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Impact
July, 2024
The Meadows Housing Corporation Inc's impact lies in providing essential housing and services to low, very low, and extremely low-income families in Cordova, TN. By offering much-needed support in the form of affordable housing options and related services, this organization plays a crucial role in helping vulnerable households improve their living conditions and overall well-being. Their focus on addressing the housing needs of those facing financial hardship contributes significantly to creating a more stable and secure community for all residents in Cordova.
This information is meant to be a general summary of The Meadows Housing Corporation 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: $868,492
- Program Service Revenue: $178,244
- Gross Receipts: $1,671,153
Assets and Liabilities:
- Total Assets: $1,910,693
- Total Liabilities: $590,696
- Net Assets: $1,319,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET TENANT RENTS
Revenue
$105,824
OTHER RENT RELATED REVENUE
Revenue
$72,420
Organization Details
Founding Year
1990
Phone
(901) 380-4900Principal Officer
Brian Harris
Main Address
1615 APPLING ROAD, CORDOVA, TN, 38016
NTEE Category
Code: L200 - Housing
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