Overview
What is Mid-America Student Housing Inc?
Mid-America Student Housing Inc is a nonprofit organization, specifically committed to providing housing solutions for students pursuing seminary education. Although the provided information is limited, it suggests that their primary mission is to cater to this unique group of individuals. The details are sparse, but it can be inferred that Mid-America Student Housing Inc aims to support these students by offering them suitable accommodation during their studies.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Mid-America Student Housing Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 84%. This score indicates a commitment to financial transparency and good governance practices. The organization boasts a fully independent board, with all nine members meeting the criteria for independence, which adds to its credibility.
The nonprofit excels in several key areas, including a perfect program expense ratio, meaning that all funds are directed towards its mission-related activities. Additionally, there are no reported material diversions of assets, showcasing strong financial integrity. The financial statements are well-managed with robust audit and oversight measures in place.
However, there are notable gaps in policies that could enhance overall accountability. Specifically, the absence of a conflict of interest policy, whistleblower policy, and document retention policy could pose risks to governance practices. Furthermore, the tax form is not posted on the nonprofit's website, which may limit public transparency regarding its financial activities.
This AI summary has been generated from information found on Charity Navigator.
Is Mid-America Student Housing Inc legitimate?
Mid-America Student Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-America Student Housing 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: $0
For more financial information, click here
What is the mission statement of Mid-America Student Housing Inc?
Mid-America Student Housing Inc's primary mission is to offer housing solutions for students pursuing their seminary education. Their goal is to provide a suitable living environment that supports the academic and personal growth of these students. While the provided information is limited, it does not specify any additional objectives or methods for achieving this mission. Therefore, the summary remains focused on the provision of housing for seminary students.
Who is the CEO of Mid-America Student Housing Inc?
Dr Randy Redd is the President of Mid-America Student Housing Inc.
What is the revenue of Mid-America Student Housing Inc?
Mid-America Student Housing Inc's revenue in 2022 was $1,164,700.
Who are the executives of Mid-America Student Housing Inc and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $139,803
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- Related: $82,385
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Where can I find the form 990 for Mid-America Student Housing Inc?
Mid-America Student Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mid-America Student Housing Inc
Mid-America Student Housing Inc is an organization dedicated to providing housing solutions for seminary students. Its mission is centered around offering a residence for these students, ensuring they have a suitable place to stay during their studies. By doing so, Mid-America Student Housing Inc contributes to the educational journey of these individuals, allowing them to focus on their academic pursuits without the additional burden of finding suitable accommodation. The organization's commitment to seminary students underscores its role in supporting the religious community, providing a conducive environment for the next generation of spiritual leaders to grow and develop.
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Impact
July, 2024
Mid-America Student Housing Inc provides housing for seminary students in Cordova, TN. It plays a crucial role in supporting students pursuing religious studies by offering affordable and safe living accommodations. By addressing the housing needs of seminary students, Mid-America Student Housing Inc contributes to their overall academic success and well-being. This impact is essential in enabling these students to focus on their studies and fulfill their calling in the religious field.
This information is meant to be a general summary of Mid-America Student Housing 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: $105,155
- Program Service Revenue: $1,059,545
- Gross Receipts: $1,164,700
Assets and Liabilities:
- Total Assets: $12,326,598
- Total Liabilities: $2,759,194
- Net Assets: $9,567,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS POTENTIAL RENT
Revenue
$1,332,864
PREP RENT(CUR FOR FUTURE MO)
Revenue
$96,346
GAIN/LOSS TO LEASE
Revenue
$19,283
TERMINATION FEE
Revenue
$5,396
LATE CHARGES
Revenue
$4,012
Organization Details
Founding Year
1998
Phone
(901) 751-8453Principal Officer
Dr Randy Redd
Main Address
PO BOX 2350, CORDOVA, TN, 38016
NTEE Category
Code: X192 - Religion related
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