Overview
What is Mapleton Home Association?
The Mapleton Home Association (MHA) is a nonprofit organization situated in Boulder, Colorado. Its primary role involves leasing park land from Thistle Community Housing under a long-term, renewable lease and managing the operations of a mobile home park. The association ensures that a significant portion, at least 80%, of the homes remain permanently affordable for individual homeowners. Beyond these responsibilities, the MHA actively educates and advocates for mobile home owners within the park. They also periodically contribute funds to Thistle, a 501(c)(3) organization, to enhance infrastructure at the park. In the past year, the MHA served around 200 residents through its programs.
Official website here: www.mapletonboulder.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Mapleton Home Association demonstrates strong accountability and financial practices, as reflected by its high scores in independent board governance and the absence of material asset diversion. The organization has 100% independent board members and maintains a good program expense ratio of 98.23%, indicating that a significant portion of its resources directly supports its programs.
However, there are notable limitations in its governance policies. The organization lacks a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability. Additionally, the absence of the tax form on the nonprofit's website may hinder public access to important financial information. Overall, while Mapleton Home Association shows commendable financial management, it could improve its governance practices for enhanced trust and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Mapleton Home Association legitimate?
Mapleton Home Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mapleton Home Association 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
Official website here: www.mapletonboulder.com
What is the mission statement of Mapleton Home Association?
The Mapleton Home Association (MHA) is a non-profit organization, primarily consisting of mobile home residents. Its mission is to secure a sustainable and affordable future for its members. The MHA accomplishes this by managing the operations of a mobile home park, leasing land from Thistle Community Housing under a long-term lease, and renting out homesites to individual owners. At least 80% of the homes are designated as permanently affordable. Furthermore, the MHA advocates for mobile home owners and occasionally donates funds to Thistle to improve park infrastructure. The organization serves around 200 residents annually through its programs.
Official website here: www.mapletonboulder.com
Who is the CEO of Mapleton Home Association?
Isabel Sanchez is the President of Mapleton Home Association.
Official website here: www.mapletonboulder.com
What is the revenue of Mapleton Home Association?
Mapleton Home Association's revenue in 2022 was $706,791.
Official website here: www.mapletonboulder.com
Who are the executives of Mapleton Home Association and what are their salaries?
There 25 volunteers at Mapleton Home Association.
Here are 5 key members and their salaries:
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Official website here: www.mapletonboulder.com
Where can I find the form 990 for Mapleton Home Association?
Mapleton Home Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mapletonboulder.com
Learn more at the official website: www.mapletonboulder.com
Mission Statement of Mapleton Home Association
Mapleton Home Association, a non-profit organization, is dedicated to securing a sustainable and affordable future for its mobile home residents. Its mission is centered around ensuring the well-being of its community members living in Boulder, Colorado. The association works tirelessly to achieve this goal by leasing the park land from Thistle Community Housing under a 99-year, renewable lease. Furthermore, they manage the operations of the mobile home park and rent homesites to individual resident homeowners, ensuring that at least 80% of the homes remain permanently affordable.
In addition to these operational responsibilities, Mapleton Home Association also engages in educational and advocacy efforts on behalf of its members. They aim to inform and empower mobile home owners within the park, advocating for their rights and interests. To support Thistle Community Housing, the owner of the park land, the association occasionally donates funds to help improve the park's infrastructure. In the current year, they served 200 residents through their programs, demonstrating their commitment to the betterment of their community.
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Impact
July, 2024
Mapleton Home Association's impact is evident in the sustainable and affordable future it works to secure for mobile home residents in Boulder, Colorado. The organization leases park land from Thistle Community Housing and manages the operations of the mobile home park, ensuring at least 80% of the homes are permanently affordable. Additionally, the MHA educates and advocates for mobile home owners, providing vital support and resources. By serving 200 residents in the current year and partnering with Thistle to improve park infrastructure, the MHA has a tangible and positive impact on the community it serves.
This information is meant to be a general summary of Mapleton Home Association. 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: $31,021
- Program Service Revenue: $668,766
- Gross Receipts: $718,366
Assets and Liabilities:
- Total Assets: $718,805
- Total Liabilities: $51,632
- Net Assets: $667,173
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$668,766
Organization Details
Founding Year
1997
Phone
(303) 402-6900Principal Officer
Isabel Sanchez
Main Address
PO Box 4589, Boulder, CO, 80306
Website
www.mapletonboulder.comNTEE Category
Code: L20 - Housing
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