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Mosaic Housing Corp Xvi - Farmington

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

EIN: 205765731 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Mosaic Housing Corp Xvi - Farmington?

Mosaic Housing Corp Xvi - Farmington is a nonprofit organization situated in Omaha, Nebraska, specifically at 4980 South 118th Street. Their primary mission aligns with the guidelines set by HUD Section 811, which involves providing housing solutions for individuals with disabilities who have low income. This organization contributes to the community by offering housing opportunities that cater to this specific demographic.


Official website here: www.mosaicinfo.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Mosaic Housing Corp Xvi - Farmington has achieved an impressive 97% rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization boasts a perfect score for having a majority of independent board members, demonstrating commitment to governance integrity. With a significant program expense ratio of 82.54%, it shows that a large portion of its funds is directed toward its mission-driven activities.

The nonprofit has been recognized for its solid financial practices, including a low liabilities to assets ratio of just 1.30%, reflecting a stable financial position. Additionally, its adherence to best practices is evidenced by the presence of comprehensive policies, including those for conflict of interest and whistleblowing, which are crucial for maintaining transparency.

While the overwhelming data showcases organizational strengths, no significant limitations were noted in the feedback. Overall, Mosaic Housing Corp Xvi - Farmington stands out as a highly rated nonprofit committed to effective governance and impactful programming.


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

Is Mosaic Housing Corp Xvi - Farmington legitimate?

Mosaic Housing Corp Xvi - Farmington is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mosaic Housing Corp Xvi - Farmington 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 Housing Corp Xvi - Farmington?

Mosaic Housing Corp Xvi, as per its mission, focuses on providing low-income housing in alignment with the guidelines set by HUD Section 811. This organization is committed to making housing accessible for individuals with disabilities and low income, adhering strictly to the regulations set by HUD. By offering such housing solutions, Mosaic Housing Corp Xvi aims to contribute positively to the community, providing a decent living environment for those who may otherwise struggle to secure appropriate housing. The organization's activities are guided by the HUD Section 811 guidelines, ensuring that its housing services cater to the specific needs of its target demographic.


Official website here: www.mosaicinfo.org

Who is the CEO of Mosaic Housing Corp Xvi - Farmington?

Kristin Rossow is the Chairperson of Mosaic Housing Corp Xvi - Farmington.


Official website here: www.mosaicinfo.org

What is the revenue of Mosaic Housing Corp Xvi - Farmington?

Mosaic Housing Corp Xvi - Farmington's revenue in 2023 was $58,827.


Official website here: www.mosaicinfo.org

Who are the executives of Mosaic Housing Corp Xvi - Farmington and what are their salaries?

There 3 volunteers at Mosaic Housing Corp Xvi - Farmington.


Here are 6 key members and their salaries:


Deanna Wagner (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Petska (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Doan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Rossow (President)
  • Compensation: $0
  • Related: $208,948
  • Other: $31,203
Greg Paskach (Treasurer/Secretary Thru 07/22)
  • Compensation: $0
  • Related: $61,316
  • Other: $17,014
Julie Zittergruen (Secretary/Treasurer)
  • Compensation: $0
  • Related: $154,892
  • Other: $40,659


Official website here: www.mosaicinfo.org

Where can I find the form 990 for Mosaic Housing Corp Xvi - Farmington?

Mosaic Housing Corp Xvi - Farmington's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mosaicinfo.org

Learn more at the official website: www.mosaicinfo.org

Mission Statement of Mosaic Housing Corp Xvi - Farmington

Mosaic Housing Corp Xvi-Farmington, as an organization, is dedicated to providing low-income housing in compliance with HUD Section 811 guidelines. Their mission is to ensure that individuals who fall under the low-income bracket have access to suitable housing solutions. By adhering to HUD's guidelines, the corporation aims to provide a safe and secure living environment for its residents. This commitment to affordable housing is a crucial part of Mosaic Housing Corp Xvi-Farmington's mission, aiming to make a positive impact on the lives of those in need.

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Impact




August, 2024

Mosaic Housing Corp Xvi - Farmington provides low-income housing in accordance with HUD Section 811 guidelines in Omaha, NE. This organization's impact is evident in its contribution to addressing housing accessibility challenges faced by individuals with low income. By offering affordable housing options, Mosaic Housing Corp Xvi - Farmington plays a crucial role in supporting the community and improving the quality of life for those in need.




This information is meant to be a general summary of Mosaic Housing Corp Xvi - Farmington. 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
$58,827 (2023)
Expenses
$101,114 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,659
  • Program Service Revenue: $36,491
  • Gross Receipts: $58,827

Assets and Liabilities:

  • Total Assets: $1,029,717
  • Total Liabilities: $13,483
  • Net Assets: $1,016,234

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Programs

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

RENTAL INCOME

Revenue

$36,491

Organization Details

Founding Year

2006

Principal Officer

Kristin Rossow

Main Address

4980 SOUTH 118TH STREET, OMAHA, NE, 68137

NTEE Category

Code: P73 - Human services

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