Overview
What is Midland Visions 2000?
Midland Visions 2000 is a nonprofit organization situated in Midland, Texas. With a focus on social equity, their primary mission is to offer decent and affordable housing options for lower income residents, including minority groups, women, the elderly, and individuals with disabilities, within Midland County. The organization, which operates with a small team of one employee, strives to enhance the living conditions of these communities by providing housing solutions that cater to their specific needs.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Midland Visions 2000 has received a Two-Star rating from Charity Navigator, indicating a need for improvement. With an overall score of 69%, the organization has demonstrated strengths in its financial health, particularly with a program expense ratio of 84.60%, which suggests that a significant portion of its expenses supports its programs. Furthermore, the board is fully independent, enhancing its governance structure.
However, the organization faces notable challenges in accountability and transparency. It lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which all received a score of zero. Additionally, no financial statements were provided, which significantly impacts its accountability score.
While Midland Visions 2000 shows promise in its programmatic expenditures, the lack of essential governance practices and transparency measures raises concerns about its overall operational integrity and future sustainability. Addressing these issues could enhance its rating and build greater trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Midland Visions 2000 legitimate?
Midland Visions 2000 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland Visions 2000 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: $174,798
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.none
What is the mission statement of Midland Visions 2000?
Midland Visions 2000 is committed to a mission that prioritizes providing decent and affordable housing for individuals from lower income backgrounds, including minorities, women, the elderly, and the handicapped. This mission extends to the communities within Midland County, Texas. The organization strives to ensure that these vulnerable groups have access to suitable housing, thereby contributing to a more inclusive and equitable living environment.
Official website here: www.none
Who is the CEO of Midland Visions 2000?
Cary Love is the President of Midland Visions 2000.
Official website here: www.none
What is the revenue of Midland Visions 2000?
Midland Visions 2000's revenue in 2022 was $792,115.
Official website here: www.none
Who are the executives of Midland Visions 2000 and what are their salaries?
The average compensation at Midland Visions 2000 during 2022 was $174,798. There is 1 employee at Midland Visions 2000.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $174,798
- Related: $0
- Other: $43,917
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Midland Visions 2000
Midland Visions 2000 is committed to providing decent and affordable housing for individuals who fall under the categories of lower income, minorities, women, the elderly, and the handicapped. This nonprofit organization operates within the neighborhoods of Midland County, Texas, aiming to make a significant impact in these communities. Their mission is to create an environment where these vulnerable groups can reside in comfort and dignity, ensuring that housing is not a barrier to their well-being. By providing affordable housing, Midland Visions 2000 contributes to a more inclusive and equitable society, where everyone has the opportunity to live in safe and suitable living conditions.
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Impact
July, 2024
Midland Visions 2000 has had a significant impact on the community by providing decent and affordable housing for lower-income residents, including minorities, women, elderly, and the handicapped in Midland County, Texas. This organization has helped address the housing needs of vulnerable populations in the area, fostering a more inclusive and supportive environment for those facing economic challenges. Through their mission of providing affordable housing options, Midland Visions 2000 has played a vital role in improving the quality of life for individuals and families in need within the community.
This information is meant to be a general summary of Midland Visions 2000. 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: $60,450
- Program Service Revenue: $731,665
- Gross Receipts: $792,115
Assets and Liabilities:
- Total Assets: $6,939,368
- Total Liabilities: $2,094,787
- Net Assets: $4,844,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$731,665
Organization Details
Founding Year
1994
Phone
(432) 687-1438Principal Officer
Cary Love
Main Address
112 S LORAINE, Midland, TX, 79701
Website
www.noneNTEE Category
Code: L200 - Housing
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