Overview
What is Mental Health Housing Foundation?
The Mental Health Housing Foundation, situated in Kent, Washington, is a nonprofit organization devoted to supporting low-income individuals with mental illnesses. They accomplish this by offering housing solutions, managing 12 homes, a triplex, 10 condominium units, a 15-unit apartment building, and a 19-unit apartment building. Their primary mission is to enable mentally ill individuals to live independently in the community. To achieve this, they provide housing and offer assistance, ensuring their residents can lead fulfilling lives with dignity. The foundation employs a dedicated workforce of six individuals, demonstrating their commitment to this noble cause.
Official website here: www.mhhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Mental Health Housing Foundation has earned an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This rating is based entirely on the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible financial management. The high score in this category signifies that the foundation operates efficiently and effectively in its financial practices.
Strengths of the organization include full compliance with best practices in governance, including a board composed entirely of independent members, as well as strong financial oversight demonstrated by a perfect score in financial statements and audits. Furthermore, the organization's program expense ratio stands at an impressive 92.75%, highlighting a substantial portion of its budget directed toward its core mission of providing housing and support for individuals with mental health needs.
While the rating is positive, the data does not indicate any specific limitations or areas for improvement. Overall, the Mental Health Housing Foundation appears to be a well-managed organization that prioritizes its mission and adheres to strong governance practices, making it a commendable choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mental Health Housing Foundation legitimate?
Mental Health Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mental Health Housing Foundation 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: $278,106
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Official website here: www.mhhousing.org
What is the mission statement of Mental Health Housing Foundation?
The Mental Health Housing Foundation's mission is centered around providing housing for individuals struggling with mental illness. This organization aims to support these individuals in their journey towards living independently in the community. Through the rental of various properties, including homes, condominium units, and apartment buildings, the foundation successfully housed approximately 100 low-income mentally ill individuals.
Official website here: www.mhhousing.org
Who is the CEO of Mental Health Housing Foundation?
Jodi Perlmutter is the President of Mental Health Housing Foundation.
Official website here: www.mhhousing.org
What is the revenue of Mental Health Housing Foundation?
Mental Health Housing Foundation's revenue in 2022 was $686,194.
Official website here: www.mhhousing.org
Who are the executives of Mental Health Housing Foundation and what are their salaries?
The average compensation at Mental Health Housing Foundation during 2022 was $46,351. There are 6 employees at Mental Health Housing Foundation.
Here are 4 key members and their salaries:
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Official website here: www.mhhousing.org
Where can I find the form 990 for Mental Health Housing Foundation?
Mental Health Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhhousing.org
Learn more at the official website: www.mhhousing.org
Mission Statement of Mental Health Housing Foundation
Mental Health Housing Foundation, a nonprofit organization, is committed to providing housing solutions for individuals struggling with mental illness, enabling them to live independently in the community. The foundation's mission is multifaceted, centered around offering housing opportunities and offering support to help these individuals integrate into society. Through the rental of various properties, such as single-family homes, a triplex, condominium units, and apartment buildings, Mental Health Housing Foundation has provided housing to approximately 100 low-income mentally ill individuals. This housing provision is a crucial step in helping these individuals achieve independence and improve their quality of life.
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Impact
July, 2024
The Mental Health Housing Foundation's impact is significant in providing housing for low-income mentally ill individuals in Kent, WA. The foundation has facilitated independent living for approximately 100 individuals by renting out various types of housing units, including homes, condos, and apartment buildings. By offering stable housing options, the foundation supports their mission of helping mentally ill individuals live independently within the community.
This information is meant to be a general summary of Mental Health Housing Foundation. 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: -$5,932
- Program Service Revenue: $546,055
- Gross Receipts: $692,158
Assets and Liabilities:
- Total Assets: $7,686,711
- Total Liabilities: $8,668,548
- Net Assets: -$981,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE REVENU
Revenue
$50,602
Organization Details
Founding Year
1990
Phone
(206) 361-1080Principal Officer
Jodi Perlmutter
Main Address
PO BOX 5005, KENT, WA, 98064
Website
www.mhhousing.orgNTEE Category
Code: L20Z - Housing
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