Overview
What is Metropolitan Housing And Community Development Corporation?
Metropolitan Housing and Community Development Corporation is a nonprofit organization situated in North Carolina's Washington. Their primary mission is to renovate and construct affordable housing for families with low income, primarily focusing on the southeastern United States. Additionally, they operate a business incubator, providing support to disadvantaged businesses. The organization aims to enhance the economic, educational, and social status of residents in the southeastern United States, expanding the opportunities available for these individuals to own, manage businesses, and purchase affordable housing.
Official website here: www.metroprop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Metropolitan Housing And Community Development Corporation has received a Three-Star rating from Charity Navigator, with a score of 82%. This rating is based entirely on its Accountability & Finance, indicating strong practices in these areas. The organization has demonstrated excellence in board independence and financial oversight, achieving full points in multiple accountability categories. However, it does have some limitations, including missing policies related to whistleblower protections and document retention.
User feedback highlights the organization's impactful community involvement. A volunteer shared their positive experience with the Health Fair Projects, emphasizing the dedication of the staff and board in raising awareness about health issues such as HIV. The event attracted significant participation from healthcare providers and provided crucial health information to attendees, showcasing the nonprofit's commitment to serving the community effectively.
Despite its strengths, the missing policies noted in the accountability section could raise concerns for some donors regarding the organization's governance practices. Overall, the Metropolitan Housing And Community Development Corporation shows a solid performance in finance and accountability while actively engaging with the community through health initiatives, marking it as a valuable nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Metropolitan Housing And Community Development Corporation legitimate?
Metropolitan Housing And Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Housing And Community Development 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: $0
For more financial information, click here
Official website here: www.metroprop.org
What is the mission statement of Metropolitan Housing And Community Development Corporation?
Metropolitan Housing and Community Development Corporation aims to enhance the economic, educational, and social well-being of residents in the southeastern United States. The organization strives to broaden the opportunities available to these residents, enabling them to own businesses and purchase affordable housing. To accomplish this, the corporation renovates and constructs affordable housing for low-income families and operates a business incubator that supports disadvantaged businesses. In essence, Metropolitan Housing and Community Development Corporation works towards uplifting the community by improving living conditions and fostering entrepreneurial growth.
Official website here: www.metroprop.org
Who is the CEO of Metropolitan Housing And Community Development Corporation?
Eric Whitaker is the Board Chair of Metropolitan Housing And Community Development Corporation. The CEO's salary of Metropolitan Housing And Community Development Corporation is $0 and their total compensation is $72,850.
Official website here: www.metroprop.org
What is the revenue of Metropolitan Housing And Community Development Corporation?
Metropolitan Housing And Community Development Corporation's revenue in 2022 was $812,117.
Official website here: www.metroprop.org
Who are the executives of Metropolitan Housing And Community Development Corporation and what are their salaries?
There 7 volunteers at Metropolitan Housing And Community Development Corporation.
Here are 9 key members and their salaries (Metropolitan Housing And Community Development Corporation's CEO's salary is $0 and their total compensation is $72,850):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $72,850
- Other: $0
- Compensation: $0
- Related: $80,393
- Other: $0
Official website here: www.metroprop.org
Where can I find the form 990 for Metropolitan Housing And Community Development Corporation?
Metropolitan Housing And Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.metroprop.org
Learn more at the official website: www.metroprop.org
Mission Statement of Metropolitan Housing And Community Development Corporation
Metropolitan Housing And Community Development Corporation, a nonprofit organization, strives to elevate the economic, educational, and social standing of residents in the Southeastern United States. Its mission is geared towards expanding the opportunities for these residents, enabling them to own and manage businesses and purchase affordable housing. By renovating and constructing affordable housing, the corporation provides a stable living environment for low-income families in the region. Additionally, Metropolitan Housing And Community Development Corporation operates a business incubator, catering to disadvantaged businesses, thereby fostering entrepreneurship and economic growth among the community members.
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Impact
July, 2024
Metropolitan Housing And Community Development Corporation's impact can be seen in its efforts to raise the economic, educational, and social levels of residents in the southeastern United States. By renovating and building affordable housing for low-income families, the organization provides much-needed support and stability to those in need. Additionally, through its business incubator, Metropolitan Housing And Community Development Corporation empowers disadvantaged businesses by offering essential services and resources. Overall, the organization plays a vital role in expanding opportunities for residents to own and manage businesses and purchase affordable housing, ultimately making a significant difference in the lives of individuals and communities in the southeastern United States.
This information is meant to be a general summary of Metropolitan Housing And Community Development 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 2022.
- Investment Income: $57
- Program Service Revenue: $623,349
- Gross Receipts: $812,117
Assets and Liabilities:
- Total Assets: $4,294,469
- Total Liabilities: $2,519,097
- Net Assets: $1,775,372
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$393,186
PROGRAM INCOME
Revenue
$230,163
Organization Details
Founding Year
1990
Phone
(252) 946-0110Principal Officer
Eric Whitaker
Main Address
PO BOX 1706, WASHINGTON, NC, 27889
Website
www.metroprop.orgNTEE Category
Code: L82Z - Housing
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