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Mountain Housing Opportunities Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581816998 ✦ Asheville, NC ✦ Designated as a 501(c)(3)

Overview

What is Mountain Housing Opportunities Inc?

Mountain Housing Opportunities Inc is a nonprofit organization situated in Asheville, North Carolina, specifically at PO Box 2278. Their primary focus is to provide affordable housing solutions for low-income individuals residing in Buncombe County and the surrounding areas of North Carolina. They accomplish this mission through various programs, including rehabilitation, weatherization, maintenance, and other improvement services for households of low-income, elderly, and handicapped individuals. Moreover, they offer affordable housing options to low-income renters and first-time homeowners, contributing to their overall aim of promoting affordable living within the community. The organization employs a team of 21 individuals dedicated to fulfilling its mission.


Official website here: www.mtnhousing.org

Is Mountain Housing Opportunities Inc legitimate?

Mountain Housing Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountain Housing Opportunities 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.

Here are some key statistics you may want to consider:

Executive Compensation: $143,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,198,996

For more financial information, click here


Official website here: www.mtnhousing.org

What is the mission statement of Mountain Housing Opportunities Inc?

Mountain Housing Opportunities Inc is committed to providing affordable housing solutions for low-income individuals residing in Buncombe County and its surrounding areas in North Carolina. Their mission is twofold: firstly, they offer affordable housing options for low-income renters and first-time homeowners, and secondly, they provide necessary improvements and rehabilitation services for households of low-income, elderly, and handicapped individuals. Their programs encompass weatherization, maintenance, and other improvements, aiming to enhance the living conditions of these vulnerable groups.


Official website here: www.mtnhousing.org

Who is the CEO of Mountain Housing Opportunities Inc?

R Scott Dedman is the President & Executive Dire of Mountain Housing Opportunities Inc.


Official website here: www.mtnhousing.org

What is the revenue of Mountain Housing Opportunities Inc?

Mountain Housing Opportunities Inc's revenue in 2022 was $7,311,676.


Official website here: www.mtnhousing.org

Who are the executives of Mountain Housing Opportunities Inc and what are their salaries?

The average compensation at Mountain Housing Opportunities Inc during 2022 was $63,935. There are 21 employees and 18 volunteers at Mountain Housing Opportunities Inc.

Here are 17 key members and their salaries:

    Scott Dedman (President & Executive Dire)
  • Compensation: $143,634
  • Related: $0
  • Other: $0

    • Cindy Weeks (Commumity Rental Investmen)
  • Compensation: $132,206
  • Related: $0
  • Other: $0

    • Mike Vance (Vp Operations)
  • Compensation: $111,436
  • Related: $0
  • Other: $0

    • Charles D Owen Iii (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Thomas (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Treva Williams (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Piwowar (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greta Byrd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Gilbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annette Mcclure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruth Morrissey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Constance Proctor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Rohwer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Romero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Teague (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mtnhousing.org

    Where can I find the form 990 for Mountain Housing Opportunities Inc?

    The Mountain Housing Opportunities Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mtnhousing.org

    Learn more at the official website: www.mtnhousing.org

    Mission Statement of Mountain Housing Opportunities Inc

    Mountain Housing Opportunities Inc is committed to providing affordable housing solutions for low-income individuals residing in Buncombe County and surrounding areas of North Carolina. Their mission, in essence, is to make housing accessible for those who may not otherwise be able to afford it. To achieve this, the organization offers various programs aimed at rehabilitating, weatherizing, and improving the living conditions of low-income, elderly, and disabled households. Furthermore, Mountain Housing Opportunities Inc provides affordable housing options for both rental and first-time homeowners. By implementing these initiatives, the nonprofit aims to contribute positively to the housing needs of the community.

    Impact

    This information is meant to be a general summary of Mountain Housing Opportunities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Mountain Housing Opportunities Inc's impact can be seen in the significant improvement of housing affordability for low-income individuals living in Buncombe County and the surrounding areas of North Carolina. Through their programs focused on rehabilitation, weatherization, maintenance, and other improvements, they have positively impacted the living conditions of low-income, elderly, and handicapped individuals. Additionally, by providing affordable housing options to low-income renters and first-time homeowners, Mountain Housing Opportunities Inc has contributed to creating stable and secure living environments for those in need. Overall, their efforts align with their mission to ensure that affordable housing is accessible to all, making a tangible difference in the community they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $363,108
  • Program Service Revenue: $1,669,732
  • Gross Receipts: $9,007,142

    • Assets and Liabilities:
  • Total Assets: $39,921,070
  • Total Liabilities: $17,197,765
  • Net Assets: $22,723,305
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $1,055,902

    DEVELOPER & CONSTRUCTION FEES

    Revenue

    $532,982

    INTEREST INCOME - NOTES RECEIVABL

    Revenue

    $41,073

    PROGRAM SERVICES

    Revenue

    $39,775

    Organization Details

    Founding Year

    1988

    Principal Officer

    R Scott Dedman

    Main Address

    PO BOX 2278, ASHEVILLE, NC, 28802

    NTEE Category

    Code: L810 - Housing

    If you are a representative of Mountain Housing Opportunities Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.