Mcdowell County Housing Action Network

Organization Overview

Mcdowell County Housing Action Network is located in Welch, WV. The organization was established in 2002. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcdowell County Housing Action Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Mcdowell County Housing Action Network generated $70.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $98.0k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE THE QUALITY OF LIFE IN MCDOWELL COUNTY IN SOUTHERN WEST VIRGINIA BY PROVIDING HOUSING FOR LOW-INCOME, ELDERLY INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION PROVIDES HOUSING TO LOW-INCOME, ELDERLY INDIVIDUALS AND HAS 15 UNITS AVAILABLE FOR RENTAL. ALL EXPENSES ARE ATTRIBUTED TO THE FACILITY.


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Board, Officers & Key Employees

Name (title)Compensation
Cathy Addair
Director
$0
Renea Bolden
Director
$0
Kathy E Gentry
Managing Age
$0
Kathy Hornick
Vice Preside
$0
Delores Johnson
President
$0
Mike Snow
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $32,640
All other contributions, gifts, grants, and similar amounts not included above$200
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$32,840
Total Program Service Revenue$37,594
Investment income $41
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $70,475

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