Overview
What is Salt Lake Mental Health Housing Inc?
Salt Lake Mental Health Housing Inc is a nonprofit organization based in Millcreek, Utah, specifically at 4460 Highland Drive Suite 210. The primary mission of this organization is to provide low-income housing solutions to individuals suffering from mental illness, who might otherwise struggle to afford housing. This organization is closely affiliated with Valley Mental Health, Inc., and its efforts aim to provide a stable living environment for the mentally ill, thus contributing positively to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Salt Lake Mental Health Housing Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is based entirely on the Accountability & Finance beacon, reflecting the organization’s strong governance practices and effective use of funds. The organization scored exceptionally well with 100% independent board members and a robust conflict of interest policy.
The fiscal management of the nonprofit appears sound, with a program expense ratio of 89.36%, suggesting that a significant portion of its funding is directed towards its core programs rather than administrative costs. Additionally, the organization demonstrates good transparency, maintaining comprehensive policies on whistleblower protections and document retention.
However, while the nonprofit excels in governance and financial accountability, the overall rating indicates that there may be room for improvement in other areas that are not captured by the current rating system. This suggests that potential donors may want to consider other factors when evaluating the impact of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Salt Lake Mental Health Housing Inc legitimate?
Salt Lake Mental Health Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salt Lake Mental Health Housing 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: $16,058
For more financial information, click here
What is the mission statement of Salt Lake Mental Health Housing Inc?
Salt Lake Mental Health Housing Inc is dedicated to providing affordable housing for mentally ill individuals who would otherwise struggle to secure it. Specifically, the organization caters to patients served by Valley Mental Health, Inc, offering them a safe and stable living environment. By doing so, it aims to contribute to their overall well-being and recovery process. The mission of Salt Lake Mental Health Housing Inc is to provide a vital service, ensuring that those in need of mental health support have a place to call home.
Who is the CEO of Salt Lake Mental Health Housing Inc?
Jared Sanford is the Ceo/President of Salt Lake Mental Health Housing Inc. The CEO's salary of Salt Lake Mental Health Housing Inc is $0 and their total compensation is $359,477.
What is the revenue of Salt Lake Mental Health Housing Inc?
Salt Lake Mental Health Housing Inc's revenue in 2022 was $248,948.
Who are the executives of Salt Lake Mental Health Housing Inc and what are their salaries?
Here are 10 key members and their salaries (Salt Lake Mental Health Housing Inc's CEO's salary is $0 and their total compensation is $359,477):
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- Related: $359,477
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- Compensation: $0
- Related: $195,786
- Other: $0
Where can I find the form 990 for Salt Lake Mental Health Housing Inc?
Salt Lake Mental Health Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Salt Lake Mental Health Housing Inc
Salt Lake Mental Health Housing Inc, a notable organization, is committed to providing affordable housing for individuals dealing with mental illness who might otherwise struggle to secure housing. By partnering with Valley Mental Health, Inc., this organization offers low-income housing to patients in need, ensuring they have a safe and stable living environment during their recovery journey. The organization's mission is to foster an environment where mentally ill individuals can focus on their healing and well-being, without the added stress of housing insecurity. By providing housing, Salt Lake Mental Health Housing Inc plays a vital role in improving the quality of life for those battling mental illness, enabling them to take the necessary steps towards recovery and reintegration into society.
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Impact
June, 2024
Salt Lake Mental Health Housing Inc's impact lies in providing low-income housing to mentally ill individuals who otherwise could not afford housing on their own. By offering this essential support, the organization plays a critical role in assisting mentally ill patients served by Valley Mental Health, Inc. in Millcreek, UT. This initiative not only addresses the immediate need for housing but also contributes to the overall well-being and stability of these individuals, enhancing their quality of life and promoting their long-term recovery.
This information is meant to be a general summary of Salt Lake Mental Health Housing 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 2022.
- Investment Income: $11
- Program Service Revenue: $70,875
- Gross Receipts: $248,948
Assets and Liabilities:
- Total Assets: $526,614
- Total Liabilities: $590,355
- Net Assets: -$63,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$70,875
Organization Details
Founding Year
1984
Phone
(801) 263-7221Principal Officer
Jared Sanford
Main Address
4460 HIGHLAND DRIVE SUITE 210, MILLCREEK, UT, 84124
NTEE Category
Code: F33 - Mental health
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