Overview
What is Nmf Housing Vi Inc?
Nmf Housing Vi Inc is a nonprofit organization based in Austin, Texas, specifically located at 1430 COLLIER. Their primary mission is to provide housing for individuals with disabilities, in accordance with Section 811 of the National Housing Act. The organization has entered into an agreement with the Department of HUD (Housing and Urban Development) to ensure that the housing they provide meets the necessary standards for disabled individuals. The organization's work is centered around providing a safe and suitable living environment for those who need it most, aiming to improve their quality of life and overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Nmf Housing Vi Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The charity's overall score is derived solely from its accountability metrics, showcasing strong governance practices and transparency. The organization maintains a fully independent board, with 100% of members being independent, which is a significant strength.
The charity also demonstrates effective management of its financial resources, evidenced by a low liabilities-to-assets ratio of 12.67% and a high program expense ratio of 88.82%. This indicates that a substantial portion of its funding is directed toward its programs rather than administrative costs, highlighting a commitment to its mission.
While the charity's performance in accountability is commendable, the absence of additional performance metrics may limit a comprehensive assessment of its overall impact. However, the strong governance and financial practices observed provide a positive outlook for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Nmf Housing Vi Inc legitimate?
Nmf Housing Vi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nmf Housing Vi 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: $35,385
For more financial information, click here
What is the mission statement of Nmf Housing Vi Inc?
Nmf Housing Vi Inc, as an organization, is committed to providing housing for individuals with disabilities. This commitment is enshrined under Section 811 of the National Housing Act, and it operates under an agreement with the Department of HUD. The organization's primary goal is to ensure that disabled persons have access to appropriate housing, a fundamental right that is often overlooked. By doing so, Nmf Housing Vi Inc aims to contribute to a more inclusive society where everyone, regardless of their abilities, has a place to call home.
Who is the CEO of Nmf Housing Vi Inc?
Patricia Young Brown is the President of Nmf Housing Vi Inc.
What is the revenue of Nmf Housing Vi Inc?
Nmf Housing Vi Inc's revenue in 2023 was $134,802.
Who are the executives of Nmf Housing Vi Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nmf Housing Vi Inc?
Nmf Housing Vi Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nmf Housing Vi Inc
Nmf Housing Vi Inc, a nonprofit organization, is dedicated to providing housing for individuals with disabilities. This mission is carried out under Section 811 of the National Housing Act, and the organization has entered into an agreement with the Department of HUD to facilitate this service. By offering housing solutions, Nmf Housing Vi Inc aims to contribute to the well-being and independence of those who need it most.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Nmf Housing Vi Inc's impact lies in providing crucial housing support to disabled individuals under Section 811 of the National Housing Act in partnership with the Department of Housing and Urban Development (HUD). By offering housing solutions tailored to the needs of disabled persons, this organization directly contributes to enhancing their quality of life and overall well-being. Through its focused mission and commitment to serving this vulnerable population, Nmf Housing Vi Inc plays a vital role in promoting mental health and stability within the community it serves.
This information is meant to be a general summary of Nmf Housing Vi 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: $268
- Program Service Revenue: $134,534
- Gross Receipts: $134,802
Assets and Liabilities:
- Total Assets: $948,694
- Total Liabilities: $120,285
- Net Assets: $828,409
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO DISABLED
Revenue
$134,534
Organization Details
Founding Year
2007
Phone
(512) 447-4141Principal Officer
Patricia Young Brown
Main Address
1430 COLLIER, AUSTIN, TX, 787043548
NTEE Category
Code: F33 - Mental health
If you are a representative of Nmf Housing Vi Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.