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Kalamazoo Collective Housing

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

EIN: 204014598 ✦ Kalamazoo, MI ✦ Designated as a 501(c)(3)

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Overview

What is Kalamazoo Collective Housing?

Kalamazoo Collective Housing is a nonprofit organization situated in Kalamazoo, Michigan. Their primary focus is providing affordable housing for individuals with low income, operating both group cooperatives and single-family apartments. With a mission to empower people and strengthen their community, they encourage democratic control within their housing units. Their properties are situated in the Vine neighborhood, adjacent to downtown Kalamazoo and WMU/K-College. They also promote shared resources and education among their residents, fostering a sense of community. The organization currently employs a team of three individuals.


Official website here: www.kalamazoo.coop

Is Kalamazoo Collective Housing legitimate?

Kalamazoo Collective Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kalamazoo Collective Housing 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: $35,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,081

For more financial information, click here


Official website here: www.kalamazoo.coop

What is the mission statement of Kalamazoo Collective Housing?

Kalamazoo Collective Housing has a mission to provide sustainable, non-profit housing options and empower individuals to establish democratic cooperatives. By doing so, the organization aims to strengthen the community through shared resources and education. They offer permanently affordable rental housing for individuals with low income and work with residents to create group cooperatives and single-family apartments. Their goal is to empower individuals and foster a sense of community through democratic housing and educational opportunities.


Official website here: www.kalamazoo.coop

Who is the CEO of Kalamazoo Collective Housing?

Chris Moore is the Executive Di of Kalamazoo Collective Housing.


Official website here: www.kalamazoo.coop

What is the revenue of Kalamazoo Collective Housing?

Kalamazoo Collective Housing's revenue in 2023 was $414,492.


Official website here: www.kalamazoo.coop

Who are the executives of Kalamazoo Collective Housing and what are their salaries?

The average compensation at Kalamazoo Collective Housing during 2023 was $22,224. There are 3 employees and 35 volunteers at Kalamazoo Collective Housing.


Here are 7 key members and their salaries:


Chris Moore (Executive Di)
  • Compensation: $47,259
  • Related: $0
  • Other: $0
Annalisa Bradshaw (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Streeter (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brianna Brown (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Alm (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Barone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lena Cargen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kalamazoo.coop

Where can I find the form 990 for Kalamazoo Collective Housing?

Kalamazoo Collective Housing's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kalamazoo.coop

Learn more at the official website: www.kalamazoo.coop

Mission Statement of Kalamazoo Collective Housing

Kalamazoo Collective Housing, a nonprofit organization, is committed to providing sustainable housing solutions, empowering individuals to establish democratic cooperatives, and strengthening communities through shared resources and education. Their mission is twofold: firstly, they offer affordable, democratically controlled rental housing to individuals with low incomes. Secondly, they foster a sense of community and cooperation by operating group cooperatives and single-family apartments, encouraging residents to participate in the decision-making process. By promoting shared resources and education, Kalamazoo Collective Housing aims to create a more cohesive and supportive community.

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Impact




October, 2024

Kalamazoo Collective Housing plays a significant role in promoting sustainable living and community engagement in Kalamazoo. By offering permanently affordable, democratically controlled rental housing, it addresses the critical need for accessible housing for low-income residents. The organization empowers individuals by encouraging the formation of democratic cooperatives, fostering a sense of ownership and collaboration among members.

With 46 members across ten houses, it creates a vibrant community in the Vine neighborhood, which is strategically located near downtown Kalamazoo and educational institutions. Through shared resources and educational initiatives, Kalamazoo Collective Housing not only meets immediate housing needs but also cultivates a culture of cooperation and mutual support. This collective approach enhances social connections and strengthens community ties, contributing to a more resilient and engaged population in the area.




This information is meant to be a general summary of Kalamazoo Collective Housing. 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
$414,492 (2023)
Expenses
$329,313 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$3,748
  • Program Service Revenue: $158,399
  • Gross Receipts: $418,508

Assets and Liabilities:

  • Total Assets: $1,301,962
  • Total Liabilities: $159,642
  • Net Assets: $1,142,320

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Programs

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

MEMBER FEES

Revenue

$136,894

FOOD AND UTILITIES INCOME

Revenue

$21,505

Organization Details

Founding Year

2007

Principal Officer

Chris Moore

Main Address

315 W MICHIGAN AVE, KALAMAZOO, MI, 49007

NTEE Category

Code: L20 - Housing

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