Overview
What is Moving Up Collaborative?
The Moving Up Collaborative is a nonprofit organization situated in Birmingham, Alabama. Their primary mission is to facilitate dignified and affordable single-family homeownership for first-time homeowners and low-to-moderate income individuals. They achieve this by relocating and renovating donated houses on vacant land, which is then purchased by eligible homebuyers. This unique initiative provides a viable housing solution, contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Moving Up Collaborative has received a three-star rating from Charity Navigator, signifying a solid performance, particularly in the area of accountability and finance. The rating is based entirely on their accountability score, which stands at 75%. This is a positive indication of the organization's financial management practices and transparency.
One of the key strengths of Moving Up Collaborative is its composition of the board, which is made up entirely of independent members. This not only enhances governance but also helps minimize potential conflicts of interest, as evidenced by their strong scores in related policies. Additionally, the organization has shown commendable fiscal responsibility, with a liabilities to assets ratio of 0.00%, indicating no debt.
However, while the financial accountability aspects are strong, the rating does not provide insights into the organization's programmatic outcomes or overall impact, which are critical for a comprehensive understanding of its effectiveness. Stakeholders may benefit from seeking additional information regarding the charity's specific programs and how they measure success beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Moving Up Collaborative legitimate?
Moving Up Collaborative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moving Up Collaborative 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 Moving Up Collaborative?
The Moving Up Collaborative aims to provide a dignified and affordable opportunity for first-time homeowners and individuals with low-to-moderate income to own single-family homes. They achieve this by relocating and renovating donated houses onto vacant land that is subsequently purchased by eligible buyers. This initiative not only covers the expenses associated with house moving for all involved parties but also contributes to making homeownership more accessible.
Who is the CEO of Moving Up Collaborative?
Mark Martin is the Executive Director of Moving Up Collaborative.
What is the revenue of Moving Up Collaborative?
Moving Up Collaborative's revenue in 2022 was $1,425,541.
Who are the executives of Moving Up Collaborative and what are their salaries?
There 30 volunteers at Moving Up Collaborative.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $68,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Moving Up Collaborative?
Moving Up Collaborative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Moving Up Collaborative
The Moving Up Collaborative, a notable organization, strives to provide a distinctive opportunity for dignified and affordable single-family home ownership. They accomplish this by relocating and renovating donated homes onto vacant land, which is then purchased by first-time homeowners and individuals falling under the low-to-moderate income bracket. This innovative approach allows these individuals to become homeowners without the financial burden often associated with purchasing a new home. The collaborative covers the expenses associated with moving the houses, ensuring a seamless process for all involved vendors.
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Impact
July, 2024
Moving Up Collaborative's impact can be seen in the transformation of vacant land into vibrant communities filled with dignified and affordable single-family homes. By relocating and renovating donated homes, this organization provides a unique opportunity for first-time homebuyers and low-to-moderate income individuals to achieve homeownership. Through their efforts, they not only address the issue of vacant properties but also contribute to enhancing the quality of life for individuals and families in Birmingham, Alabama. Moving Up Collaborative's work is not just about housing; it is about building a foundation for a stronger, more inclusive community where everyone has the opportunity to thrive.
This information is meant to be a general summary of Moving Up Collaborative. 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.
- Program Service Revenue: $1,085,541
- Gross Receipts: $1,425,541
Assets and Liabilities:
- Total Assets: $1,535,826
- Total Liabilities: $0
- Net Assets: $1,535,826
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LMI CONSTRUCTION ACTIV
Revenue
$1,085,541
Organization Details
Founding Year
2020
Phone
(504) 330-6198Principal Officer
Mark Martin
Main Address
222 6TH AVE SW, BIRMINGHAM, AL, 35211
NTEE Category
Code: L25 - Housing
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