Overview
What is The Mendenhall Rural Hsg And Comm Development Corp?
The Mendenhall Rural Housing and Community Development Corporation, commonly known as Harper Village, is a nonprofit organization situated in Jackson, Mississippi. With a small workforce of 4 individuals, its primary mission is to provide 31 subsidized housing units to qualified low-income tenants through the U.S. Department of Housing and Urban Development (HUD). The organization's activities revolve around renting these subsidized units to eligible tenants, aiming to contribute to affordable housing solutions in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
The Mendenhall Rural Housing and Community Development Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. The organization excels in accountability and finance, scoring a perfect 100%, which highlights its commitment to transparency and responsible financial management. Notably, it features a fully independent board, achieving maximum points in both majority independent board members and independent board size.
Despite its strengths in governance and financial metrics, the overall rating suggests that the organization may face challenges in other operational aspects that could affect its effectiveness and outreach. The program expense ratio stands at an impressive 86.88%, indicating a significant portion of its resources is allocated to its programs. However, the lower overall rating reflects that there may be concerns regarding its impact or program effectiveness that require attention.
This AI summary has been generated from information found on Charity Navigator.
Is The Mendenhall Rural Hsg And Comm Development Corp legitimate?
The Mendenhall Rural Hsg And Comm Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mendenhall Rural Hsg And Comm Development Corp 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: $16,850
For more financial information, click here
What is the mission statement of The Mendenhall Rural Hsg And Comm Development Corp?
The Mendenhall Rural Housing and Community Development Corporation's mission is focused on providing affordable housing solutions. Specifically, they offer 31 subsidized housing units to qualified low-income tenants, aiming to make housing more accessible for individuals who may not otherwise be able to afford it. This mission is carried out through the rental of these units, ensuring that a portion of the community has access to stable and affordable housing.
Who is the CEO of The Mendenhall Rural Hsg And Comm Development Corp?
Dr Scottye Holloway is the President of The Mendenhall Rural Hsg And Comm Development Corp.
What is the revenue of The Mendenhall Rural Hsg And Comm Development Corp?
The Mendenhall Rural Hsg And Comm Development Corp's revenue in 2022 was $180,901.
Who are the executives of The Mendenhall Rural Hsg And Comm Development Corp and what are their salaries?
The average compensation at The Mendenhall Rural Hsg And Comm Development Corp during 2022 was $4,212. There are 4 employees at The Mendenhall Rural Hsg And Comm Development Corp.
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Where can I find the form 990 for The Mendenhall Rural Hsg And Comm Development Corp?
The Mendenhall Rural Hsg And Comm Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Mendenhall Rural Hsg And Comm Development Corp
The Mendenhall Rural Housing and Community Development Corp is committed to providing housing solutions for individuals with limited income. Specifically, this organization focuses on making 31 units of housing accessible and affordable through subsidies from the HUD. This mission is aimed at supporting qualified low-income tenants, ensuring they have a place to call home. By offering HUD-subsidized housing units, The Mendenhall Rural Housing and Community Development Corp plays a significant role in promoting stable living conditions for those in need.
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Impact
October, 2024
The Mendenhall Rural Housing and Community Development Corporation significantly impacts the community by providing 31 HUD-subsidized housing units to qualified low-income tenants in Jackson, MS. This initiative addresses the critical need for affordable housing in the area, allowing families and individuals to access safe and stable living conditions. By ensuring that these housing units are available, the organization helps alleviate housing insecurity, enabling tenants to invest more in their education, health, and overall well-being. The focus on low-income individuals ensures a targeted approach to assisting those who may face significant financial barriers, ultimately fostering a more inclusive and supportive community.
This information is meant to be a general summary of The Mendenhall Rural Hsg And Comm Development Corp. 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: $28
- Program Service Revenue: $180,873
- Gross Receipts: $180,901
Assets and Liabilities:
- Total Assets: $708,596
- Total Liabilities: $37,178
- Net Assets: $671,418
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT AND SUSID
Revenue
$179,541
OTHER CHARGES
Revenue
$1,332
Organization Details
Founding Year
2000
Phone
(601) 948-6401Principal Officer
Dr Scottye Holloway
Main Address
PO BOX 1220, JACKSON, MS, 39215
NTEE Category
Code: L21 - Housing
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