Overview
What is Montgomery Community Homes I Inc?
Montgomery Community Homes I Inc, an integral part of Volunteers of America, is a nonprofit organization situated in Mobile, Alabama. Their primary focus is on offering housing and support to the low-income developmentally disabled community. Their mission is achieved through the operation of a 9-unit apartment project, which is funded by HUD and falls under the Section 811 program. This program specifically caters to the needs of the disabled, providing them with affordable housing options. The organization's services extend beyond just housing, offering essential support to ensure the well-being of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Montgomery Community Homes I Inc has demonstrated a strong commitment to accountability and financial health, reflected in its impressive overall score of 94%. The organization boasts a robust governance structure, with 87% of its board members being independent. This independence, combined with a comprehensive conflict of interest policy and sound document retention practices, underscores their dedication to transparency.
Financially, the charity excels with a program expense ratio of 100%, indicating that all of its expenses are directed towards its programs. Furthermore, the liabilities to assets ratio stands at a low 1.43%, emphasizing the organization's sound financial management. Overall, the nonprofit's strong performance in both governance and financial metrics highlights its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery Community Homes I Inc legitimate?
Montgomery Community Homes I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Community Homes I Inc submitted a form 990EZ, 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.
What is the mission statement of Montgomery Community Homes I Inc?
Montgomery Community Homes I Inc, through its association with Volunteers of America, is dedicated to providing housing and support for individuals with developmental disabilities who have low income. This is achieved through the operation of a 9-unit apartment project, which is a Section 811 HUD project. The main program, the Section 811 HUD Program, offers affordable housing options for the disabled. The mission of Montgomery Community Homes I Inc is to enhance the living conditions and independence of these individuals by offering them a supportive environment.
Who is the CEO of Montgomery Community Homes I Inc?
Unavailable The CEO's salary of Montgomery Community Homes I Inc is $0 and their total compensation is $0.
What is the revenue of Montgomery Community Homes I Inc?
Montgomery Community Homes I Inc's revenue in 2023 was $59,002.
Who are the executives of Montgomery Community Homes I Inc and what are their salaries?
Here are 8 key members and their salaries (Montgomery Community Homes I Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Montgomery Community Homes I Inc?
Montgomery Community Homes I Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Montgomery Community Homes I Inc
Montgomery Community Homes I Inc, as a part of Volunteers of America, is dedicated to providing housing and support for individuals with low income and developmental disabilities. The organization operates a 9-unit apartment project that serves as a section 811 HUD project, which provides low-income housing specifically designed for the disabled. Their primary program is the Section 811 HUD Program, which ensures that individuals with disabilities have access to safe and affordable housing. By offering this support, Montgomery Community Homes I Inc aims to enhance the lives of those in need and contribute to their overall well-being.
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Impact
August, 2024
Montgomery Community Homes I Inc's impact is focused on providing essential housing and support for low-income individuals with developmental disabilities in Mobile, AL. Through its operation of a 9-unit apartment project under the Section 811 HUD Program, this organization plays a crucial role in offering affordable housing options for this vulnerable population. By addressing the housing needs of the developmentally disabled, Montgomery Community Homes I Inc significantly improves their quality of life and fosters a more inclusive and supportive community in Mobile. This initiative contributes to the overall goal of enhancing the well-being and independence of individuals with disabilities, ultimately creating a positive impact on the local community.
This information is meant to be a general summary of Montgomery Community Homes I 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 2023.
- Investment Income: $2,231
- Program Service Revenue: $56,771
- Gross Receipts: $59,002
Assets and Liabilities:
- Total Assets: $478,348
- Total Liabilities: $13,078
- Net Assets: $465,270
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Organization Details
Phone
(251) 300-3500Main Address
1204 HILLCREST ROAD, MOBILE, AL, 36695
NTEE Category
Code: S80 - Community improvement
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