Overview
What is Masonic Home Of Montana Inc?
Masonic Home of Montana Inc is a nonprofit organization, specifically located at 2010 Masonic Home Rd, Helena, MT 59602. Their primary mission is to provide retirement and related services to Masons, their families, and other retirees. The organization is dedicated to ensuring a safe and nurturing environment for its residents who require assisted care. The home-like environment they offer enhances the residents' privacy, dignity, choice, individuality, and independence. With a workforce of 34 individuals, Masonic Home of Montana Inc strives to cater to the needs of its residents with utmost care and respect.
Official website here: www.mhmt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 69%)
The Masonic Home of Montana Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement. The overall score of 69% reflects strengths in accountability and finance, particularly with a high program expense ratio of 83.53%, which signifies that a significant portion of expenses goes directly to programs. The organization also has an independent board structure, scoring full points in both the majority independent board members and independent board size categories, highlighting effective governance.
However, there are notable weaknesses that have contributed to the lower rating. The nonprofit is lacking essential policies including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, each missing points in the accountability section. While there are no material diversions of assets and the organization has a favorable liabilities to assets ratio, the absence of key governance policies raises concerns about transparency and risk management.
Overall, while the Masonic Home of Montana Inc demonstrates solid financial management and governance through its independent board, the lack of critical policies suggests areas for significant improvement to bolster accountability and enhance overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Masonic Home Of Montana Inc legitimate?
Masonic Home Of Montana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Home Of Montana 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $696,179
For more financial information, click here
Official website here: www.mhmt.org
What is the mission statement of Masonic Home Of Montana Inc?
Masonic Home of Montana Inc is dedicated to providing a safe and nurturing environment for individuals in need of assisted care. Their assisted living facility offers a homelike setting that respects the residents' privacy, dignity, choice, individuality, and independence. The organization's mission is to ensure quality care, enhancing the overall living experience for its residents. Additionally, Masonic Home of Montana Inc extends its services to retirees, not just limited to Masons and their families.
Official website here: www.mhmt.org
Who is the CEO of Masonic Home Of Montana Inc?
David Nielsen is the President of Masonic Home Of Montana Inc.
Official website here: www.mhmt.org
What is the revenue of Masonic Home Of Montana Inc?
Masonic Home Of Montana Inc's revenue in 2022 was $934,191.
Official website here: www.mhmt.org
Who are the executives of Masonic Home Of Montana Inc and what are their salaries?
The average compensation at Masonic Home Of Montana Inc during 2022 was $20,476. There are 34 employees at Masonic Home Of Montana Inc.
Here are 7 key members and their salaries:
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Official website here: www.mhmt.org
Where can I find the form 990 for Masonic Home Of Montana Inc?
Masonic Home Of Montana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhmt.org
Learn more at the official website: www.mhmt.org
Mission Statement of Masonic Home Of Montana Inc
Masonic Home of Montana Inc is dedicated to providing a safe and nurturing environment for individuals in need of quality assisted care. Their mission is to create a home-like atmosphere that respects the privacy, dignity, choices, individuality, and independence of each resident. This commitment ensures that the residents feel valued and empowered, allowing them to maintain their autonomy as much as possible. The organization's assisted living services are designed to enhance the quality of life for its residents, offering them a sense of comfort and familiarity in their new home.
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Impact
July, 2024
Masonic Home Of Montana Inc's impact lies in providing a safe and nurturing environment for residents in need of quality assisted care. Their commitment to enhancing residents' privacy, dignity, choice, individuality, and independence creates a home-like setting that supports both residents and their families. By offering retirement and related services to Masons, their families, and other retirees, this organization plays a crucial role in ensuring that individuals receive the care and support they need during their later years. Through their focus on housing and assisted living services, Masonic Home Of Montana Inc makes a significant impact on the well-being and quality of life of those they serve.
This information is meant to be a general summary of Masonic Home Of Montana 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.
- Investment Income: $7,328
- Program Service Revenue: $716,555
- Gross Receipts: $958,442
Assets and Liabilities:
- Total Assets: $2,000,648
- Total Liabilities: $37,111
- Net Assets: $1,963,537
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$716,555
Organization Details
Founding Year
1907
Principal Officer
David Nielsen
Main Address
2010 MASONIC HOME RD, HELENA, MT, 59602
Website
www.mhmt.orgNTEE Category
Code: L22Z - Housing
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