Foundation For Mental Health & Mental Retardation

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

EIN: 751607585 ✦ Midland, TX ✦ Designated as a 501(c)(3)

Overview

What is Foundation For Mental Health & Mental Retardation?

The Foundation for Mental Health & Mental Retardation is a nonprofit organization based in Midland, Texas. Its primary mission is to support the Permian Basin Community Centers for Mental Health/Mental Retardation (MH/MR) by providing them with office space through program service contracts. This arrangement is crucial for the foundation's tax-exempt purpose and forms the primary source of its program service revenue. The foundation may also offer additional financial support if requested by MH/MR. This nonprofit's activities are focused on furthering mental health and mental retardation services in the Permian Basin community.


Is Foundation For Mental Health & Mental Retardation legitimate?

Foundation For Mental Health & Mental Retardation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Mental Health & Mental Retardation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Foundation For Mental Health & Mental Retardation?
Who is the CEO of Foundation For Mental Health & Mental Retardation?
What is the revenue of Foundation For Mental Health & Mental Retardation?
Who are the executives of Foundation For Mental Health & Mental Retardation and what are their salaries?
Where can I find the form 990 for Foundation For Mental Health & Mental Retardation?

Mission Statement of Foundation For Mental Health & Mental Retardation

The Foundation for Mental Health & Mental Retardation carries out its mission by entering into program service contracts with the Permian Basin Community Centers for MH/MR (75-1401776). Through these agreements, the foundation provides access to various buildings as office space, contributing to its tax-exempt purpose. This primary source of revenue for the foundation significantly supports its operations in the mental health and mental retardation sector. In addition, the foundation may offer additional financial assistance upon request by MH/MR. The program service contract revenue is categorized as program service revenue for the foundation.

Impact

This information is meant to be a general summary of Foundation For Mental Health & Mental Retardation. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

The Foundation for Mental Health & Mental Retardation's impact lies in providing program service contracts to the Permian Basin Community Centers for MH/MR, allowing them to use various buildings as office space in furtherance of their tax-exempt purpose. This support is crucial in enabling the Community Centers to effectively carry out their mission of providing mental health and mental retardation services to the community. By providing this essential infrastructure support, the Foundation facilitates the delivery of much-needed services to individuals in need, ultimately contributing to the overall well-being and support of the community.





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 2023.

  • Investment Income: $304,286
  • Program Service Revenue: $187,041
  • Gross Receipts: $887,310

    • Assets and Liabilities:
  • Total Assets: $7,624,757
  • Total Liabilities: $1,174
  • Net Assets: $7,623,583
  • Programs

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

    PROG/SER CONTRACTS

    Revenue

    $187,041

    Organization Details

    Founding Year

    1978

    Principal Officer

    Dana Engelstad

    Main Address

    550 W TEXAS 1000, MIDLAND, TX, 79701

    NTEE Category

    Code: P82 - Human services

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