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Mosaic Illinois Housing Of Rockford I

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

EIN: 204841856 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Mosaic Illinois Housing Of Rockford I?

Mosaic Illinois Housing of Rockford I is a non-profit organization based in Omaha, Nebraska, as per its US address details. Its primary mission is to provide low-income, affordable housing options adhering to the guidelines set by the Illinois Housing Development Authority (IHDA). This organization contributes significantly to the housing sector in Illinois, ensuring that individuals in need have access to suitable housing solutions.


Official website here: www.mosaicinfo.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)

Mosaic Illinois Housing Of Rockford I has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with an overall score of 82%. This score is derived entirely from their Accountability & Finance metrics, which emphasizes the organization's transparency and responsible management of funds.

The organization has demonstrated strong governance practices, with a fully independent board of directors and no material diversion of assets, which reflects a commitment to ethical operations. Additionally, their program expenses are notably high at 91.86%, suggesting that the majority of their funding is directed towards their mission rather than administrative costs.

However, while the financial management appears robust, details about the organization's program effectiveness and outcomes are not provided in the rating summary. This absence of information may limit a comprehensive understanding of the impact Mosaic Illinois Housing Of Rockford I has on the community it serves.


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

Is Mosaic Illinois Housing Of Rockford I legitimate?

Mosaic Illinois Housing Of Rockford I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mosaic Illinois Housing Of Rockford 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 Of Rockford I?

The organization, Mosaic Illinois Housing, focuses on providing affordable housing for individuals with low income, adhering to the guidelines set by the Illinois Housing Development Authority (IHDA). By doing so, they aim to contribute to the provision of secure and comfortable living spaces for those who might otherwise struggle to afford them. This initiative is a vital part of the community, ensuring that housing remains accessible to all, regardless of financial status.


Official website here: www.mosaicinfo.org

Who is the CEO of Mosaic Illinois Housing Of Rockford I?

Kristin Rossow is the President of Mosaic Illinois Housing Of Rockford I.


Official website here: www.mosaicinfo.org

What is the revenue of Mosaic Illinois Housing Of Rockford I?

Mosaic Illinois Housing Of Rockford I's revenue in 2022 was $77,869.


Official website here: www.mosaicinfo.org

Who are the executives of Mosaic Illinois Housing Of Rockford I and what are their salaries?

There 3 volunteers at Mosaic Illinois Housing Of Rockford I.


Here are 6 key members and their salaries:


Kristin Rossow (President)
  • Compensation: $0
  • Related: $208,948
  • Other: $31,203
Julie Zittergruen (Secretary/Treasurer As Of 10/22)
  • Compensation: $0
  • Related: $154,892
  • Other: $40,659
Greg Paskach (Secretary/Treasurer Thru 06/22)
  • Compensation: $0
  • Related: $61,316
  • Other: $17,014
Deanna Wagner (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Petska (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Doan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mosaicinfo.org

Where can I find the form 990 for Mosaic Illinois Housing Of Rockford I?

Mosaic Illinois Housing Of Rockford 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 Of Rockford I

Mosaic Illinois Housing of Rockford I is dedicated to providing low-income affordable housing, adhering to the guidelines set by the Illinois Housing Development Authority (IHDA). This nonprofit organization aims to create a living environment that is accessible to those who might otherwise struggle to secure housing, thereby contributing to a more equitable community.

Under the Illinois Housing Development Authority's guidelines, Mosaic Illinois Housing of Rockford I offers housing solutions that cater to individuals with limited financial resources. By doing so, the organization plays a significant role in addressing the housing needs of a vulnerable population, ensuring they have a place to call home.

In essence, Mosaic Illinois Housing of Rockford I is a beacon of hope for those in need of affordable housing, operating within the framework of IHDA's guidelines to provide a stable living environment for its residents.

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Impact




June, 2024

Mosaic Illinois Housing Of Rockford I's impact lies in providing low-income individuals and families with affordable housing that meets the guidelines set forth by the Illinois Housing Development Authority. By offering this vital resource, the organization contributes to the overall well-being and stability of the community it serves. In particular, it helps to address the housing needs of vulnerable populations, supporting their mental health and providing a foundation for a more secure future. Through its mission-driven approach, Mosaic Illinois Housing Of Rockford I plays a key role in promoting housing equality and improving the quality of life for those in need.




This information is meant to be a general summary of Mosaic Illinois Housing Of Rockford 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
$77,869 (2022)
Expenses
$156,125 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $613
  • Program Service Revenue: $51,821
  • Gross Receipts: $77,869

Assets and Liabilities:

  • Total Assets: $707,507
  • Total Liabilities: $604,748
  • Net Assets: $102,759

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Programs

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

RENTAL INCOME

Revenue

$51,821

Organization Details

Founding Year

2008

Principal Officer

Kristin Rossow

Main Address

4980 SOUTH 118TH STREET, OMAHA, NE, 68137

NTEE Category

Code: F30 - Mental health

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