Overview
What is Martin Housing Alliance Incorporation?
The Martin Housing Alliance Incorporation is a nonprofit organization based in Clearwater, Florida. Its primary mission is to provide low-income housing for individuals with severe disabilities. By rehabilitating housing facilities, they offer a safe living environment for these individuals. Their work, conducted under the name Abilities at Sierra Apartments Inc, seeks to make a meaningful difference in the lives of those struggling with disabilities, ensuring they have access to comfortable and supportive living spaces.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
Martin Housing Alliance Incorporation has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization achieved a score of 79%, with a notable emphasis placed on the strength of its governance, including having a majority of independent board members and robust policies for conflict of interest and whistleblower protection.
The nonprofit's program expense ratio is commendable, standing at 86.02%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. This is a positive indicator of the organization's commitment to effectively utilizing its resources for its mission.
However, the organization faces challenges with its liabilities to assets ratio, which is reported at 261.07%. This may raise concerns regarding financial sustainability and the potential impact on its long-term operations. Overall, while the Martin Housing Alliance shows strong governance practices, attention to its financial health will be essential for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is Martin Housing Alliance Incorporation legitimate?
Martin Housing Alliance Incorporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Housing Alliance Incorporation 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: $40,224
For more financial information, click here
What is the mission statement of Martin Housing Alliance Incorporation?
Martin Housing Alliance Incorporation's mission is to provide low-income housing specifically catering to individuals with severe disabilities. The organization focuses on rehabilitating housing facilities to accommodate the needs of disabled residents, offering them a suitable living space. By doing so, Martin Housing Alliance Incorporation aims to contribute significantly to the well-being of its residents, providing them with a stable living environment. The organization's commitment extends beyond housing, as it serves as a bridge to help its residents secure a comfortable and dignified life.
Who is the CEO of Martin Housing Alliance Incorporation?
Bruce Patterson is the Chief Executive Officer of Martin Housing Alliance Incorporation. The CEO's salary of Martin Housing Alliance Incorporation is $0 and their total compensation is $575,778.
What is the revenue of Martin Housing Alliance Incorporation?
Martin Housing Alliance Incorporation's revenue in 2022 was $227,977.
Who are the executives of Martin Housing Alliance Incorporation and what are their salaries?
There 9 volunteers at Martin Housing Alliance Incorporation.
Here are 14 key members and their salaries (Martin Housing Alliance Incorporation's CEO's salary is $0 and their total compensation is $575,778):
- Compensation: $0
- Related: $154,906
- Other: $28,831
- Compensation: $0
- Related: $112,683
- Other: $19,924
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $535,873
- Other: $39,905
- Compensation: $0
- Related: $446,163
- Other: $37,962
- Compensation: $0
- Related: $329,708
- Other: $16,797
Where can I find the form 990 for Martin Housing Alliance Incorporation?
Martin Housing Alliance Incorporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Martin Housing Alliance Incorporation
The Martin Housing Alliance Incorporation, a nonprofit organization, is dedicated to providing affordable housing for individuals with severe disabilities. By rehabilitating housing facilities, this organization offers a home to those who are classified as low-income and physically disabled. Their mission is to ensure that these individuals have a place to call their own, providing them with a sense of stability and independence. By offering housing, the Martin Housing Alliance Incorporation plays a crucial role in improving the quality of life for those with disabilities, enabling them to live with dignity and comfort.
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Impact
June, 2024
Martin Housing Alliance Incorporation's impact is providing low-income housing for individuals with severe disabilities in Clearwater, Florida. They rent rehabilitated housing facilities to people with severe physical disabilities who are classified as low income. Their mission is to offer housing solutions to those who face challenges due to their disabilities, contributing to improved quality of life and stability for this underserved population. Additionally, by focusing on mental health through their services, they address an important aspect of well-being for their residents.
This information is meant to be a general summary of Martin Housing Alliance Incorporation. 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: $4
- Program Service Revenue: $227,973
- Gross Receipts: $227,977
Assets and Liabilities:
- Total Assets: $529,905
- Total Liabilities: $1,359,571
- Net Assets: -$829,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE
Revenue
$166,885
RENT INCOME
Revenue
$61,088
Organization Details
Founding Year
1993
Phone
(727) 538-7370Principal Officer
Bruce Patterson
Main Address
2735 WHITNEY ROAD, CLEARWATER, FL, 337601610
NTEE Category
Code: F33Z - Mental health
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