Overview
What is Clayton Improvement Association Ltd?
Clayton Improvement Association Ltd is a nonprofit organization situated in Clayton, New York. Its primary mission is to preserve rural communities in the Clayton area by providing decent, affordable housing for low and moderate-income households. The organization also aims to foster a better understanding of housing issues and options within the community. Moreover, they strive to ensure the availability of quality healthcare services for the local residents. With a team of 10 dedicated individuals, the association works towards managing and maintaining these housing facilities, thereby contributing positively to the community.
Official website here: www.clayton-improvement.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
The Clayton Improvement Association Ltd has received a Three-Star rating from Charity Navigator, signifying an overall score of 84%. This rating is based entirely on accountability and finance, which are critical indicators of a nonprofit's operational integrity and financial management. The organization excelled particularly in areas such as having a fully independent board and conducting thorough audits of financial statements.
The association's strengths include a high level of transparency, as evidenced by their conflict of interest and whistleblower policies being readily listed. Additionally, they maintain comprehensive documentation of board meeting minutes and have no reported material diversion of assets, indicating sound governance practices. Their liabilities to assets ratio, at 51.23%, suggests a stable financial position.
However, while their program expense ratio is decent at 61.30%, it is slightly below the ideal threshold for nonprofit organizations, which may indicate potential areas for improvement in allocating funds directly to their programs. Overall, the Clayton Improvement Association Ltd demonstrates strong accountability practices but may need to enhance its program spending efficiency to maximize impact.
This AI summary has been generated from information found on Charity Navigator.
Is Clayton Improvement Association Ltd legitimate?
Clayton Improvement Association Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clayton Improvement Association Ltd 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: $69,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,603
For more financial information, click here
Official website here: www.clayton-improvement.com
What is the mission statement of Clayton Improvement Association Ltd?
The Clayton Improvement Association Ltd is dedicated to providing and managing affordable housing for low and moderate-income households. Their mission also includes fostering a better community understanding of housing issues and options. Furthermore, they strive to ensure the availability of quality healthcare for the residents in their area. This organization is committed to preserving rural communities by providing decent housing, thereby enhancing their living standards.
Official website here: www.clayton-improvement.com
Who is the CEO of Clayton Improvement Association Ltd?
Kristi Dippel is the Director of Clayton Improvement Association Ltd.
Official website here: www.clayton-improvement.com
What is the revenue of Clayton Improvement Association Ltd?
Clayton Improvement Association Ltd's revenue in 2023 was $566,723.
Official website here: www.clayton-improvement.com
Who are the executives of Clayton Improvement Association Ltd and what are their salaries?
The average compensation at Clayton Improvement Association Ltd during 2023 was $29,041. There are 10 employees at Clayton Improvement Association Ltd.
Here are 9 key members and their salaries:
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Official website here: www.clayton-improvement.com
Where can I find the form 990 for Clayton Improvement Association Ltd?
Clayton Improvement Association Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.clayton-improvement.com
Learn more at the official website: www.clayton-improvement.com
Mission Statement of Clayton Improvement Association Ltd
The Clayton Improvement Association Ltd is dedicated to serving low and moderate-income households by providing and managing decent, affordable housing. Beyond this, the organization aims to foster a greater community understanding of housing issues and the available options. Another key aspect of their mission is ensuring the availability of quality healthcare to the community they serve. In the context of rural preservation, the association works to provide decent housing to rural communities within the Clayton area. By doing so, they contribute to the well-being and livelihood of these communities, ultimately enhancing their quality of life.
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Impact
July, 2024
Clayton Improvement Association Ltd's impact is significant in providing and managing decent affordable housing and related services to low and moderate-income households in the Clayton area. Through their efforts, they foster a better community understanding of housing issues and options while ensuring the availability of quality healthcare to area residents. Additionally, their focus on rural preservation contributes to providing decent housing to rural communities in the Clayton area. Overall, their work plays a crucial role in enhancing the quality of life for individuals and families in need of affordable housing and healthcare services.
This information is meant to be a general summary of Clayton Improvement Association Ltd. 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 2023.
- Investment Income: $6,688
- Program Service Revenue: $340,246
- Gross Receipts: $566,723
Assets and Liabilities:
- Total Assets: $3,395,815
- Total Liabilities: $1,739,992
- Net Assets: $1,655,823
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$218,893
MANAGEMENT FEES
Revenue
$121,353
Organization Details
Founding Year
1977
Phone
(315) 686-3212Principal Officer
Kristi Dippel
Main Address
PO BOX 99, CLAYTON, NY, 13624
Website
www.clayton-improvement.comNTEE Category
Code: S32Z - Community improvement
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