Overview
What is Mosaic Illinois Housing I?
Mosaic Illinois Housing I is a nonprofit organization situated in Omaha, Nebraska, specifically at 4980 South 118th Street. Their primary focus is on providing low-income, affordable housing options that adhere to the guidelines set by the Illinois Housing Development Authority (IHDA). This includes two group homes, housing a total of eight apartment units. The organization's mission is centered around making housing accessible for individuals with limited financial resources, contributing to the overall well-being of their community.
Official website here: www.mosaicinfo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Mosaic Illinois Housing I has achieved a solid rating of 82%, which reflects its commitment to accountability and financial management. The score is derived entirely from the Accountability & Finance beacon, indicating that the organization is well-regarded in how it handles its financial resources. The high score suggests that donors can expect transparency and responsible stewardship of funds.
The organization boasts a fully independent board, which is a positive indicator of governance and decision-making integrity. Additionally, it has demonstrated robust policies in place, including conflict of interest and whistleblower policies, which contribute to its overall accountability profile. With a program expense ratio of 88.02%, Mosaic Illinois Housing I effectively directs a significant portion of its resources towards its mission-driven activities.
However, while the organization performs well in financial accountability, the rating does not provide insights into its programmatic impact or effectiveness. Potential supporters may want to seek additional information on the outcomes and long-term benefits of the programs offered by Mosaic Illinois Housing I to ensure their contributions align with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Mosaic Illinois Housing I legitimate?
Mosaic Illinois Housing I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mosaic Illinois Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mosaicinfo.org
What is the mission statement of Mosaic Illinois Housing I?
Mosaic Illinois Housing I is committed to providing low-income affordable housing that adheres to the guidelines set by the Illinois Housing Development Authority (IHDA). This organization houses individuals in need through the establishment of two group homes, each containing eight apartment units. Their mission is centered around making housing accessible for those with limited financial resources, adhering to the stipulations provided by the IHDA.
Official website here: www.mosaicinfo.org
Who is the CEO of Mosaic Illinois Housing I?
Kristin Rossow is the President of Mosaic Illinois Housing I.
Official website here: www.mosaicinfo.org
What is the revenue of Mosaic Illinois Housing I?
Mosaic Illinois Housing I's revenue in 2022 was $45,800.
Official website here: www.mosaicinfo.org
Who are the executives of Mosaic Illinois Housing I and what are their salaries?
There 3 volunteers at Mosaic Illinois Housing I.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $208,948
- Other: $31,203
- Compensation: $0
- Related: $154,892
- Other: $40,659
- Compensation: $0
- Related: $61,316
- Other: $17,014
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mosaicinfo.org
Where can I find the form 990 for Mosaic Illinois Housing I?
Mosaic Illinois Housing I's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mosaicinfo.org
Learn more at the official website: www.mosaicinfo.org
Mission Statement of Mosaic Illinois Housing I
Mosaic Illinois Housing I, as an organization, is dedicated to providing low-income, affordable housing options that adhere to the guidelines set forth by the Illinois Housing Development Authority (IHDA). This mission translates into the provision of housing accommodations that cater to individuals with limited financial resources. The housing provided by Mosaic Illinois Housing I consists of two group homes, each containing a total of eight apartment units. This initiative aims to address the housing needs of individuals who fall under the income bracket specified by IHDA, thereby contributing to the overall well-being and stability of the community.
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Impact
August, 2024
Mosaic Illinois Housing I's impact can be seen in the provision of low-income affordable housing under Illinois Housing Development Authority guidelines. The organization operates two group homes with a total of eight apartment units, supporting individuals in need of secure and stable housing. Through its mission to provide affordable housing, Mosaic Illinois Housing I contributes to addressing the pressing issue of housing insecurity and homelessness in the community.
This information is meant to be a general summary of Mosaic Illinois Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $688
- Program Service Revenue: $45,037
- Gross Receipts: $45,800
Assets and Liabilities:
- Total Assets: $728,539
- Total Liabilities: $749,801
- Net Assets: -$21,262
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$45,037
Organization Details
Founding Year
2008
Phone
(402) 896-3884Principal Officer
Kristin Rossow
Main Address
4980 SOUTH 118TH STREET, OMAHA, NE, 68137
Website
www.mosaicinfo.orgNTEE Category
Code: L22 - Housing
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