Overview
What is Mrm North Campus Inc?
Mrm North Campus Inc is a nonprofit organization situated in Milwaukee, Wisconsin, at 830 North 19th Street. The primary purpose of this organization is to support the Milwaukee Rescue Mission. To fulfill this mission, Mrm North Campus Inc owns a building and leases it to the Milwaukee Rescue Mission. This strategic move aims to contribute to the betterment of the community and combat urban blight by maintaining the building for religious, educational, charitable, and scientific purposes. In essence, Mrm North Campus Inc is committed to assisting the Milwaukee Rescue Mission and promoting community development in Milwaukee.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%, Zero-Star out of Four Star rating.
Mrm North Campus Inc has received a low score, primarily due to significant shortcomings in its accountability and financial management practices. The organization has a 66% independent board member composition, which is a positive aspect, but it lacks an adequate number of independent members overall. This raises questions about governance effectiveness.
Financially, the organization has strong oversight mechanisms, as indicated by its audit and oversight committee, which performed well in evaluations. However, it struggles with critical areas such as lacking a whistleblower policy and failing to provide necessary financial information on its website. Additionally, the organization's financial ratios indicate potential issues, with a liabilities to assets ratio of 96.42% and a program expense ratio of only 46.91%, suggesting that a significant portion of its resources may not be allocated effectively to its programs.
Overall, while Mrm North Campus Inc demonstrates some strengths in governance, its serious financial accountability issues and lack of transparency contribute to its low rating. Stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mrm North Campus Inc legitimate?
Mrm North Campus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mrm North Campus 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
For more financial information, click here
What is the mission statement of Mrm North Campus Inc?
Mrm North Campus Inc supports the religious, educational, charitable, and scientific purposes of the Milwaukee Rescue Mission. To accomplish this, the organization owns a building and leases it to the Milwaukee Rescue Mission. In addition, Mrm North Campus Inc aims to combat community deterioration and urban blight by acquiring and maintaining a building for these same purposes. The building, which is used for religious, educational, charitable, and scientific activities, serves as a means to contribute positively to the community.
Who is the CEO of Mrm North Campus Inc?
Patrick Vanderburgh is the President of Mrm North Campus Inc.
What is the revenue of Mrm North Campus Inc?
Mrm North Campus Inc's revenue in 2023 was $863,277.
Who are the executives of Mrm North Campus Inc and what are their salaries?
There 3 volunteers at Mrm North Campus Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $206,883
- Other: $23,025
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mrm North Campus Inc?
Mrm North Campus Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mrm North Campus Inc
Mrm North Campus Inc, as a support entity, is committed to furthering the religious, educational, charitable, and scientific purposes of the Milwaukee Rescue Mission. To accomplish this, the organization owns a building and leases it to the Milwaukee Rescue Mission. In addition, Mrm North Campus Inc works towards combating community deterioration and urban blight by acquiring and maintaining a building for these same purposes. This multifaceted approach allows Mrm North Campus Inc to contribute significantly to its mission, ultimately supporting the broader goals of the Milwaukee Rescue Mission.
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Impact
July, 2024
Mrm North Campus Inc's impact lies in its direct support of the Milwaukee Rescue Mission. By owning a building and leasing it to the Milwaukee Rescue Mission, this organization plays a crucial role in combatting community deterioration and urban blight in Milwaukee, Wisconsin. Through this initiative, Mrm North Campus Inc contributes to the religious, educational, charitable, and scientific purposes of the Milwaukee Rescue Mission, thereby significantly enhancing efforts to support the community and promote positive change.
This information is meant to be a general summary of Mrm North Campus 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: $1,129
- Program Service Revenue: $764,148
- Gross Receipts: $863,277
Assets and Liabilities:
- Total Assets: $18,837,689
- Total Liabilities: $18,164,510
- Net Assets: $673,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENTAL
Revenue
$764,148
Organization Details
Founding Year
2017
Phone
(414) 344-2211Principal Officer
Patrick Vanderburgh
Main Address
830 NORTH 19TH STREET, MILWAUKEE, WI, 53233
NTEE Category
Code: S47 - Community improvement
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