Overview
What is Everett Non-Profit Housing Corporation?
Everett Non-Profit Housing Corporation, established in 1997 in cooperation with Cooperative Services, Inc., is a Massachusetts-based nonprofit organization with a mission to offer housing facilities for low-income senior citizens. Organized on a non-stock basis, this corporation was formed with the intention of acquiring property in Everett, Massachusetts, and constructing an apartment project containing 78 units. This project is supported by the U.S. Department of Housing and Urban Development, ensuring that affordable housing is made available to this specific demographic.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The Everett Non-Profit Housing Corporation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization demonstrates excellent financial health, with a program expense ratio of 78.72%, indicating that a significant portion of its resources is dedicated to its mission-driven activities.
Strengths include having a fully independent board, which enhances governance and oversight. The charity has also implemented robust policies for conflict of interest, whistleblower protection, and document retention, contributing to its high accountability score. Furthermore, the absence of asset diversion and a low liabilities-to-assets ratio demonstrate financial stability and integrity.
While the organization excels in accountability and finance, the summary does not provide insights into programmatic impact or user feedback on services. Nonetheless, the financial metrics suggest a well-managed organization that prioritizes transparency and responsible stewardship of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Everett Non-Profit Housing Corporation legitimate?
Everett Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Everett Non-Profit Housing Corporation 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.csi.coop
What is the mission statement of Everett Non-Profit Housing Corporation?
The Everett Non-Profit Housing Corporation is dedicated to providing housing facilities for low-income senior citizens. Established with the cooperation of the US Department of Housing and Urban Development, this organization aims to offer suitable living spaces to elderly individuals who fall under the income bracket criteria. By constructing and operating housing projects, they contribute to providing a secure living environment for this specific demographic.
Official website here: www.csi.coop
Who is the CEO of Everett Non-Profit Housing Corporation?
Cindy Lamb is the President of Everett Non-Profit Housing Corporation.
Official website here: www.csi.coop
What is the revenue of Everett Non-Profit Housing Corporation?
Everett Non-Profit Housing Corporation's revenue in 2022 was $902,655.
Official website here: www.csi.coop
Who are the executives of Everett Non-Profit Housing Corporation and what are their salaries?
There 9 volunteers at Everett Non-Profit Housing Corporation.
Here are 19 key members and their salaries:
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- Related: $182,532
- Other: $32,442
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- Other: $63,472
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- Related: $175,150
- Other: $45,954
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- Related: $182,210
- Other: $47,091
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- Related: $177,736
- Other: $54,448
Official website here: www.csi.coop
Where can I find the form 990 for Everett Non-Profit Housing Corporation?
Everett Non-Profit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csi.coop
Learn more at the official website: www.csi.coop
Mission Statement of Everett Non-Profit Housing Corporation
Everett Non-Profit Housing Corporation, established as a Massachusetts non-profit organization, is dedicated to providing housing facilities for low-income senior citizens. With a mission rooted in cooperation with the U.S. Department of Housing and Urban Development, this organization strives to acquire, construct, and operate apartment projects specifically designed for this demographic. By offering affordable housing options, Everett Non-Profit Housing Corporation aims to contribute significantly to the well-being of senior citizens, providing them with a secure living environment that caters to their unique needs.
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Impact
July, 2024
Everett Non-Profit Housing Corporation impacts the community by providing housing facilities for low-income senior citizens. Their mission is to ensure that low-income seniors have access to affordable and safe housing. Through their efforts, they contribute to improving the quality of life for senior citizens who may otherwise struggle to find suitable housing options. The organization's focus on housing aligns with their commitment to serving a vulnerable population and addressing the pressing need for affordable housing options for seniors.
This information is meant to be a general summary of Everett Non-Profit Housing Corporation. 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.
- Investment Income: $3,594
- Program Service Revenue: $407,596
- Gross Receipts: $902,655
Assets and Liabilities:
- Total Assets: $6,280,539
- Total Liabilities: $1,136,504
- Net Assets: $5,144,035
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$407,596
Organization Details
Founding Year
1997
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE ROAD, WARREN, MI, 48093
Website
www.csi.coopNTEE Category
Code: L22 - Housing
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