Overview
What is Morning Star Community Inc?
Morning Star Community Inc is a nonprofit organization situated in Kalispell, Montana, with a mission to provide affordable housing opportunities for low and moderate-income individuals and families. Established on a nonprofit basis, the organization focuses on acquiring, building, operating, and maintaining a manufactured housing community, offering essential services primarily associated with the park. The primary goal of Morning Star Community Inc is to control rental costs and preserve the community for current and future homeowners, ensuring its long-term affordability. The organization operates with the welfare of its residents in mind, prioritizing their needs and maintaining the community as a beneficial resource.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Morning Star Community Inc has received a three-star rating from Charity Navigator, with an overall score of 79%. This rating reflects the organization's strong focus on accountability and finance, as their score is derived entirely from this beacon. The charity excels in several key areas, including having a fully independent board and an impressive program expense ratio of 93.30%, indicating a strong commitment to direct program spending.
The organization has implemented solid governance practices, evidenced by the presence of conflict of interest and whistleblower policies, as well as proper document retention procedures. However, the charity's liabilities to assets ratio of 87.78% has contributed to its overall score being lower than it might otherwise be, suggesting potential concerns regarding financial stability.
Overall, while Morning Star Community Inc demonstrates effective management and high program investment, potential donors may want to consider the financial liabilities in relation to its assets as a factor in their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is Morning Star Community Inc legitimate?
Morning Star Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morning Star Community 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: $0
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What is the mission statement of Morning Star Community Inc?
Morning Star Community Inc, a nonprofit organization, was established with the primary objective of providing affordable housing for its residents. The corporation acquires, produces, and operates a manufactured housing park, offering housing opportunities primarily for the benefit of its current and future homeowners. One of its main goals is to control rental costs, ensuring the community remains accessible for low and moderate-income individuals and families. By operating in a charitable manner, Morning Star Community Inc aims to preserve the community for its homeowners, providing them with a long-term, affordable living solution.
Who is the CEO of Morning Star Community Inc?
Cheryl Mills is the President of Morning Star Community Inc.
What is the revenue of Morning Star Community Inc?
Morning Star Community Inc's revenue in 2023 was $178,022.
Who are the executives of Morning Star Community Inc and what are their salaries?
There 5 volunteers at Morning Star Community Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Morning Star Community Inc?
Morning Star Community Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Morning Star Community Inc
Morning Star Community Inc, a nonprofit organization, is established with the primary objective of providing affordable housing opportunities for low and moderate-income individuals and families. The organization's mission is multifaceted. Its primary goal is to acquire, produce, build, operate, and distribute manufactured housing in a manufactured housing park, along with services primarily associated with the community. This is done with the benefit of the current and future homeowners in mind, recognizing their role as both public and private consumers of the housing opportunity provided by the corporation.
Beyond this, Morning Star Community Inc strives to gain control over rental costs and preserve the community for the current and future homeowners. The organization recognizes the importance of maintaining affordability in the long term, ensuring that the community remains within reach for those who need it most. This mission reflects a commitment to creating a sustainable living environment that prioritizes the needs of its residents, fostering a sense of community and security within the manufactured housing park.
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Impact
October, 2024
Morning Star Community Inc significantly impacts the lives of low and moderate-income individuals and families by developing and maintaining a resident-owned manufactured housing community in Kalispell, MT. Their focus is on acquiring, operating, and enhancing manufactured housing options that empower homeowners by providing them with control over rent costs. This ensures long-term affordability and stability for the community's current and future residents.
By prioritizing charitable purposes, Morning Star actively preserves the integrity of the neighborhood, creating a supportive environment that allows families to thrive. Through their efforts, they not only address housing needs but also foster a sense of ownership and community among residents, enhancing quality of life and economic security. This holistic approach ultimately contributes to a more equitable housing landscape, making homeownership accessible for those who may otherwise struggle to find affordable options.
This information is meant to be a general summary of Morning Star Community 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: $222
- Program Service Revenue: $175,800
- Gross Receipts: $178,022
Assets and Liabilities:
- Total Assets: $1,620,410
- Total Liabilities: $1,422,536
- Net Assets: $197,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MOBILE HOME LOT RENT
Revenue
$175,800
Organization Details
Founding Year
2017
Phone
(406) 755-1102Principal Officer
Cheryl Mills
Main Address
1717 S WOODLAND DRIVE OFFICE, KALISPELL, MT, 59901
NTEE Category
Code: L99 - Housing
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