Overview
What is Southwest Mississippi Mental Health Foundation Inc?
Southwest Mississippi Mental Health Foundation Inc is a nonprofit organization based in McComb, Mississippi. Its primary mission is to support the Southwest Mississippi Mental Health Commission by acquiring and managing funds and properties. They own buildings and equipment that they rent out on a monthly basis to the commission, and they may also donate properties or equipment to the organization. The foundation's goal is to help further the aims and objectives of the Southwest Mississippi Mental Health Commission, contributing to the overall well-being of mental health services in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (53%)
The Southwest Mississippi Mental Health Foundation Inc has received a low rating of 53% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly on governance metrics, with no independent board members, which raises questions about the effectiveness of oversight and decision-making.
Despite its challenges in governance, the foundation does show a commendable program expense ratio of 69.73%, suggesting that a substantial portion of its funds is directed towards its mental health programs. However, the absence of key policies, such as conflict of interest and whistleblower protections, along with missing financial documents on its website, highlights a lack of transparency and adherence to best practices in nonprofit management.
Overall, while the foundation may be providing necessary services in mental health, potential donors and supporters should be cautious and consider the organization's governance and transparency issues when making decisions about their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Mississippi Mental Health Foundation Inc legitimate?
Southwest Mississippi Mental Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Mississippi Mental Health Foundation 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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Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Southwest Mississippi Mental Health Foundation Inc?
The Southwest Mississippi Mental Health Foundation Inc is dedicated to supporting the objectives and aims of the Southwest Mississippi Mental Health Commission. In pursuit of this mission, the Foundation acquires and administers funds and property to provide assistance. Additionally, they own buildings and equipment, which they lease or donate to the Commission for its operations. The Foundation's role is instrumental in providing resources for the Commission's endeavors in mental health support.
Who is the CEO of Southwest Mississippi Mental Health Foundation Inc?
Watkins Wild is the Vice President of Southwest Mississippi Mental Health Foundation Inc.
What is the revenue of Southwest Mississippi Mental Health Foundation Inc?
Southwest Mississippi Mental Health Foundation Inc's revenue in 2022 was $128,550.
Who are the executives of Southwest Mississippi Mental Health Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Southwest Mississippi Mental Health Foundation Inc?
Southwest Mississippi Mental Health Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southwest Mississippi Mental Health Foundation Inc
The Southwest Mississippi Mental Health Foundation Inc, a charitable organization, is dedicated to supporting the Southwest Mississippi Mental Health Commission. Its primary mission is to acquire and manage funds and property, with the intention of furthering the objectives of this health commission. The foundation owns various buildings and equipment, which it leases or donates to the commission, thereby contributing significantly to their operations.
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Impact
June, 2024
Southwest Mississippi Mental Health Foundation Inc plays a crucial role in supporting the Southwest Mississippi Mental Health Commission by acquiring and administering funds and property. The foundation's ownership of buildings and equipment, which are rented to the Commission, ensures the provision of essential mental health services in McComb, MS. Through its efforts, the foundation contributes directly to the improvement of mental health services and resources in the community, ultimately making a positive impact on the well-being of individuals in need.
This information is meant to be a general summary of Southwest Mississippi Mental Health Foundation 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: $74,550
- Program Service Revenue: $54,000
- Gross Receipts: $169,577
Assets and Liabilities:
- Total Assets: $1,155,530
- Total Liabilities: $1,000
- Net Assets: $1,154,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Income
Revenue
$54,000
Organization Details
Founding Year
1986
Phone
(601) 684-2173Principal Officer
Watkins Wild
Main Address
PO Box 768, McComb, MS, 39649
NTEE Category
Code: F80 - Mental health
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