Overview
What is Southwest Mississippi Opportunity Inc?
Southwest Mississippi Opportunity Inc, located in McComb, Mississippi, is a nonprofit organization that dedicates its efforts to serving the community. Their primary focus is on offering assistance to various groups, including the elderly and individuals with low income, who meet the requirements of their programs. The organization provides a range of community services, encompassing housing and educational support. With a team of 16 dedicated employees, Southwest Mississippi Opportunity Inc works tirelessly to improve the lives of those in need within their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Southwest Mississippi Opportunity Inc has achieved an impressive 94% score from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The high rating is solely derived from the organization's beacon score, which emphasizes its robust accountability practices. A fully independent board with 100% independent members underscores the strength of governance within the organization.
The nonprofit has demonstrated exemplary financial management, with a program expense ratio of 95.78%, indicating that a significant majority of its funding is directed towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, reinforcing trust in its operational integrity. The presence of a whistleblower policy, conflict of interest policy, and thorough documentation practices further highlight the organization’s dedication to ethical conduct.
While the rating is exceptionally positive, it's vital for potential donors and partners to continuously monitor the organization's activities and outcomes to ensure that they align with their values and objectives. Overall, Southwest Mississippi Opportunity Inc stands out as a well-governed and financially responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Mississippi Opportunity Inc legitimate?
Southwest Mississippi Opportunity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Mississippi Opportunity 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: $78,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,391
For more financial information, click here
What is the mission statement of Southwest Mississippi Opportunity Inc?
Southwest Mississippi Opportunity Inc serves as a social service agency, committed to offering community services and aid to the elderly, individuals with low income, and those who meet specific program requirements. Their mission, in essence, is to extend assistance in various sectors, such as housing and education, to help improve their beneficiaries' livelihoods. This organization strives to make a positive impact in the community by providing essential support and resources to those in need.
Who is the CEO of Southwest Mississippi Opportunity Inc?
Dorothy Rogers is the Fiscal Director of Southwest Mississippi Opportunity Inc.
What is the revenue of Southwest Mississippi Opportunity Inc?
Southwest Mississippi Opportunity Inc's revenue in 2022 was $2,934,599.
Who are the executives of Southwest Mississippi Opportunity Inc and what are their salaries?
The average compensation at Southwest Mississippi Opportunity Inc during 2022 was $24,547. There are 16 employees at Southwest Mississippi Opportunity Inc.
Here are 14 key members and their salaries:
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- Compensation: $39,250
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- Compensation: $53,950
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- Other: $5,623
Where can I find the form 990 for Southwest Mississippi Opportunity Inc?
Southwest Mississippi Opportunity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southwest Mississippi Opportunity Inc
Southwest Mississippi Opportunity Inc, as a social service agency, is committed to providing community services and assistance to elderly individuals, low-income families, and others who meet the organization's program requirements. This mission is geared towards improving the lives of these groups by offering various forms of aid, such as housing and educational support. The agency's activities are centered around addressing the needs of these communities, aiming to uplift and empower them. By providing these essential services, Southwest Mississippi Opportunity Inc strives to contribute positively to its community.
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Impact
July, 2024
Southwest Mississippi Opportunity Inc's impact is significant in the community by providing essential services and assistance to elderly, low-income, and other individuals who meet program requirements. They offer various programs such as housing assistance, education support, and other services to help improve the quality of life for those in need. Through their efforts, they contribute towards community improvement and support those facing economic challenges in McComb, Mississippi.
This information is meant to be a general summary of Southwest Mississippi Opportunity 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.
- Gross Receipts: $2,934,599
Assets and Liabilities:
- Total Assets: $281,763
- Total Liabilities: $256,934
- Net Assets: $24,829
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Organization Details
Founding Year
1967
Phone
(601) 249-3034Principal Officer
Dorothy Rogers
Main Address
Post Office Box 1667, McComb, MS, 39648
NTEE Category
Code: S200 - Community improvement
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