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Steuben-Livingston Ag Project I

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161165911 ✦ Cohocton, NY ✦ Designated as a 501(c)(3)

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Overview

What is Steuben-Livingston Ag Project I?

Steuben-Livingston Ag Project I is a nonprofit organization based in Cohocton, New York, primarily focused on providing and managing affordable housing units for individuals with low income. Their primary mission involves the rental and management of these units, aiming to contribute to the housing needs of their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63% (Two-Star out of Four Star Rating)

The Steuben-Livingston Ag Project I has received a Two-Star rating from Charity Navigator, indicating a mixed review regarding its accountability and financial health. The rating is primarily based on its performance in the Accountability & Finance beacon, where it scored 63%. While it excels in having a completely independent board and maintaining no material diversion of assets, it falls short in essential policy disclosures, such as having a conflict of interest and whistleblower policy.

The organization demonstrates strong financial health, evidenced by a perfect program expense ratio of 100%, meaning all expenditures are directed toward programmatic activities. Additionally, it maintains a favorable liabilities to assets ratio of 0.00%, indicating that it has no outstanding debts. However, the lack of transparency in certain governance policies may raise concerns for potential donors regarding its operational oversight.

Overall, while the Steuben-Livingston Ag Project I shows strengths in financial management and governance independence, the absence of critical policies could hinder its perception among stakeholders. Donors may want to consider these factors when evaluating the charity's impact and trustworthiness.


This AI summary has been generated from information found on Charity Navigator.

Is Steuben-Livingston Ag Project I legitimate?

Steuben-Livingston Ag Project I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steuben-Livingston Ag Project I 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: $35,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Steuben-Livingston Ag Project I?

Steuben-Livingston Ag Project I is a nonprofit organization with a focus on housing. Their primary mission is to manage and provide low-income housing units for individuals in need. By doing so, they aim to contribute to the community by providing affordable housing options. The organization's activities are centered around the maintenance and management of these units, ensuring they are accessible and suitable for their intended residents.

Who is the CEO of Steuben-Livingston Ag Project I?

Michaela Cosgrove is the President of Steuben-Livingston Ag Project I.

What is the revenue of Steuben-Livingston Ag Project I?

Steuben-Livingston Ag Project I's revenue in 2021 was $66,306.

Who are the executives of Steuben-Livingston Ag Project I and what are their salaries?

The average compensation at Steuben-Livingston Ag Project I during 2021 was $35,418. There is 1 employee at Steuben-Livingston Ag Project I.


Here are 2 key members and their salaries:


Thomas Carey (Sect / Treas)
  • Compensation: $35,418
  • Related: $0
  • Other: $0
Michaela Cosgrove (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Steuben-Livingston Ag Project I?

Steuben-Livingston Ag Project I's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Steuben-Livingston Ag Project I

Steuben-Livingston Ag Project I is a dedicated nonprofit organization that focuses on managing and providing low-income housing units. Their mission is to ensure that affordable housing is accessible to individuals who may not have the means to secure it otherwise. By overseeing and managing these units, they contribute significantly to the community by providing a stable living environment for those in need. Their efforts aim to bridge the gap between housing availability and affordability, thereby promoting social equality and stability.

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Impact




August, 2024

Steuben-Livingston Ag Project I's impact lies in providing affordable housing options for low-income individuals in Cohocton, NY. By renting and managing low-income housing units, this project directly addresses the pressing need for accessible and safe housing in the community. This initiative plays a crucial role in ensuring that individuals and families facing financial challenges have a place to call home, promoting stability and security for vulnerable populations. The impact of Steuben-Livingston Ag Project I extends beyond just providing shelter, as it contributes to improving the overall well-being and quality of life for those it serves.




This information is meant to be a general summary of Steuben-Livingston Ag Project I. 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.

Revenue
$66,306 (2021)
Expenses
$77,035 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $66,306
  • Gross Receipts: $66,306

Assets and Liabilities:

  • Total Assets: $267,085
  • Total Liabilities: $0
  • Net Assets: $267,085

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOW INCOME RESIDENTIAL RENT

Revenue

$66,306

Organization Details

Founding Year

1976

Principal Officer

Michaela Cosgrove

Main Address

1 NORTH MAIN STREET, COHOCTON, NY, 14826

NTEE Category

Code: L200 - Housing

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