Magnificat Houses, Inc.

Interesting data from their 2020 990 filing

In the filing, the mission of the non-profit is noted as “A welcoming community where those needing housing, food and mental health programs can grow in stability, productivity and independence.”.

When referring to its responsibilities, they were outlined as: “A welcoming community where those needing housing, food and mental health programs can grow in stability, productivity and independence.”.

• The filing documents the non-profit's address in 2020 as P O Box 8486, Houston, TX, 772888486.
• According to the non-profit's form, they have 28 employees on their payroll as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is -$134,263.
• The CEO remuneration plan within the organization is subject to review and approval by an independent source.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 12 independent voting members.
• The organization has a professional fund raiser.
• The organization was formed in 1968.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization pays $607,086 in salary, compensation, and benefits to its employees.
• The organization pays $74,768 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization pays grants to individuals.
• The organization has a written whistleblower policy.
• The organization has fundraising events.
• The organization's financial statements were reviewed by an accountant.