Overview
What is Mammoth Lakes Housing Inc?
Mammoth Lakes Housing Inc, located in Mammoth Lakes, California, is a nonprofit organization with a mission to establish affordable workforce housing. By doing so, they aim to contribute to the town's economic viability and sustainability. With a small team of four employees, Mammoth Lakes Housing Inc supports the needs of the community by focusing on workforce housing. They are committed to fostering a balanced, thriving community through their initiatives.
Official website here: www.mammothlakeshousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62% - Two-Star out of Four Star Rating)
Mammoth Lakes Housing Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in several areas. While the organization excels in accountability and finance, scoring 74%, it faces significant challenges in leadership and community engagement, with scores as low as 10% and 16% respectively. This suggests that while financial management may be sound, there are gaps in governance and community outreach that need to be addressed.
The nonprofit demonstrates a strong commitment to accountability, with a 100% independent board and effective financial oversight. However, the lack of key policies, such as conflict of interest and whistleblower protections, along with missing tax documentation on their website, points to potential vulnerabilities in operational transparency. Despite these challenges, the organization has received perfect scores in constituent feedback and usage of that feedback, suggesting a strong connection with the community it serves.
While the high scores in equity strategies and adaptability indicate a proactive approach to inclusivity and responsiveness, the overall effectiveness of Mammoth Lakes Housing Inc may be hindered by its leadership and cultural engagement deficiencies. Addressing these limitations could significantly enhance its impact and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Mammoth Lakes Housing Inc legitimate?
Mammoth Lakes Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mammoth Lakes Housing 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: $121,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,589
For more financial information, click here
Official website here: www.mammothlakeshousing.org
What is the mission statement of Mammoth Lakes Housing Inc?
Mammoth Lakes Housing Inc, as an organization, is committed to promoting affordable workforce housing. This mission is aimed at fostering a robust economy and ensuring the sustainability of the community. The primary goal of Mammoth Lakes Housing Inc is to create affordable housing solutions for the local workforce, thereby contributing to the overall well-being and stability of the community. The organization's activities are geared towards providing viable housing options, thereby supporting the local economy and ensuring the long-term sustainability of the community.
Official website here: www.mammothlakeshousing.org
Who is the CEO of Mammoth Lakes Housing Inc?
Kirk Stapp is the President of Mammoth Lakes Housing Inc.
Official website here: www.mammothlakeshousing.org
What is the revenue of Mammoth Lakes Housing Inc?
Mammoth Lakes Housing Inc's revenue in 2022 was $960,953.
Official website here: www.mammothlakeshousing.org
Who are the executives of Mammoth Lakes Housing Inc and what are their salaries?
The average compensation at Mammoth Lakes Housing Inc during 2022 was $52,327. There are 4 employees at Mammoth Lakes Housing Inc.
Here are 10 key members and their salaries:
- Compensation: $121,719
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- Other: $0
Official website here: www.mammothlakeshousing.org
Where can I find the form 990 for Mammoth Lakes Housing Inc?
Mammoth Lakes Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mammothlakeshousing.org
Learn more at the official website: www.mammothlakeshousing.org
Mission Statement of Mammoth Lakes Housing Inc
Mammoth Lakes Housing Inc is dedicated to supporting workforce housing, contributing to a robust economy and a sustainable community. Their mission is centered around creating affordable housing options within the town, ensuring that the local workforce can afford to live and contribute to the community's growth. By focusing on workforce housing, Mammoth Lakes Housing Inc aims to support a viable economy, ensuring that essential services are maintained and the community thrives.
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Impact
July, 2024
Mammoth Lakes Housing Inc plays a crucial role in supporting the creation of affordable housing for the workforce in Mammoth Lakes, California. By focusing on this mission, Mammoth Lakes Housing Inc contributes to the development of a sustainable community and a viable local economy. Their efforts have a direct impact on improving access to housing for individuals who form the backbone of the workforce in the town. The organization's work is essential for addressing the housing needs of the community and ensuring that working individuals have stable and affordable housing options available to them.
This information is meant to be a general summary of Mammoth Lakes Housing 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.
- Program Service Revenue: $730,756
- Gross Receipts: $960,953
Assets and Liabilities:
- Total Assets: $4,017,680
- Total Liabilities: $1,894,835
- Net Assets: $2,122,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$542,254
INTEREST
Revenue
$1,216
OTHER INCOME
Revenue
$47,223
RENT ASSISTANT GRANTS
Revenue
$99,690
RENTAL INCOME
Revenue
$144,313
Organization Details
Founding Year
2002
Phone
(760) 934-4740Principal Officer
Kirk Stapp
Main Address
PO BOX 260, MAMMOTH LAKES, CA, 93546
Website
www.mammothlakeshousing.orgNTEE Category
Code: L20 - Housing
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