Uwm Properties Inc
Nonprofit profile at a glance
- EIN
- 812764261
- IRS 990 coverage
- 2014–2021
- Forms available
- Form 990 2021
- Location
- Midland, TX, USA
- Phone
- 4326857700
- Rating confidence
- Limited
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MILES HARTMAN (PRESIDENT)
- KARI HENNAGIN (EXECUTIVE DIRECTOR)
Highest reported compensation
- KARI HENNAGIN (EXECUTIVE DIRECTOR): $116,955 total reported compensation
- PAIGE VICKERY (FINANCE DIRECTOR): $88,159 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation was formed for the acquistion or funding of real estate to provide shelter for midland county residents in disadvantaged circumstances and services ancillary thereto.
What it reported doing in 2021
The corporation acquired through funding from united way of midland, inc., a duplex unit to provide transitional housing to residents in accordance with the mission of the corporation. The residence has been transferred to an unrelated orgainzation to fulfill this purpose.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 75
- Accountability: 77
- Sustainability: NotEnoughData
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 4th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: -32.4% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 4 of 4 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $117K · 6 people listed
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2014 to 2021
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Asset growth scored 0/100.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.