Overview
What is Mlk Cooperative Inc?
Mlk Cooperative Inc is a nonprofit organization situated in Hartford, Connecticut, specifically at 54 South Prospect Street, with a primary focus on low-income housing. Their mission is to promote and undertake this type of housing within the city of Hartford, with a specific goal of acquiring, rehabilitating, owning, and operating a housing complex located at 94 Van Block Avenue.
Is Mlk Cooperative Inc legitimate?
Mlk Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mlk Cooperative 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,299
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What is the mission statement of Mlk Cooperative Inc?
Mlk Cooperative Inc is primarily focused on promoting and undertaking low-income housing initiatives. Their mission is to acquire, rehabilitate, own, and operate a housing complex to cater to individuals with limited financial means. The organization specifically targets the city of Hartford, Connecticut, and has identified a location at 94 Van Block Avenue for this project. Their aim is to provide affordable housing solutions, contributing to the well-being of the community.
Who is the CEO of Mlk Cooperative Inc?
Emily Wolfe is the President of Mlk Cooperative Inc.
What is the revenue of Mlk Cooperative Inc?
Mlk Cooperative Inc's revenue in 2022 was $270,681.
Who are the executives of Mlk Cooperative Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $122,233
- Other: $0
Where can I find the form 990 for Mlk Cooperative Inc?
Mlk Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mlk Cooperative Inc
Mlk Cooperative Inc, a nonprofit organization, is primarily focused on promoting and undertaking low-income housing within its sphere of operations. This mission is not limited to mere rhetoric but is actively pursued through practical measures. One of the ways Mlk Cooperative Inc achieves this is by acquiring, rehabilitating, owning, and operating a housing complex. Specifically, the organization has set its sights on a housing complex located at 94 Van Block Avenue. By undertaking these activities, Mlk Cooperative Inc aims to contribute to the provision of affordable housing within the community it serves.
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Impact
October, 2024
Mlk Cooperative Inc plays a vital role in addressing the housing needs of low-income residents in Hartford, Connecticut. By focusing on the acquisition, rehabilitation, and operation of a housing complex at 94 Van Block Avenue, the organization directly contributes to increasing the availability of affordable housing in the area. This initiative not only provides shelter to those in need but also enhances the quality of life for residents by fostering stable communities.
The impact of Mlk Cooperative Inc extends beyond mere housing provision; it promotes community development and social stability. By rehabilitating existing properties, the organization helps revitalize neighborhoods, which can lead to increased property values and a sense of pride among residents. Furthermore, by focusing on low-income individuals and families, Mlk Cooperative Inc addresses systemic issues related to poverty and housing insecurity, ultimately working toward creating a more equitable and inclusive urban environment in Hartford.
This information is meant to be a general summary of Mlk Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $270,681
- Gross Receipts: $270,681
Assets and Liabilities:
- Total Assets: $1,594,301
- Total Liabilities: $1,209,337
- Net Assets: $384,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME MULTI FAMIL
Revenue
$270,681
Organization Details
Founding Year
1996
Phone
(860) 246-0666Principal Officer
Emily Wolfe
Main Address
54 SOUTH PROSPECT STREET, HARTFORD, CT, 06106
NTEE Category
Code: L21 - Housing
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