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Kiamichi Place Senior Housing Inc

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

EIN: 208359980 ✦ Hugo, OK ✦ Designated as a 501(c)(3)

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Overview

What is Kiamichi Place Senior Housing Inc?

Kiamichi Place Senior Housing Inc is a nonprofit organization situated in Hugo, Oklahoma, with an address at 209 N 4th. Their primary mission is to manage and operate an elderly housing complex, supported by the HUD's Section 202 Program investment. This program enables them to provide suitable living accommodations for senior citizens, fostering a secure and comfortable environment for this demographic.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

Kiamichi Place Senior Housing Inc has received a 79% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has demonstrated strong governance practices, with 100% independent board members and comprehensive policies in place regarding conflicts of interest, whistleblowing, and document retention.

One of the notable strengths of Kiamichi Place is its high program expense ratio of 89.85%, which reflects a commitment to channeling funds directly into its programs. However, the organization faces a challenge with a liabilities to assets ratio of 151.72%, suggesting potential financial instability that could affect its long-term sustainability. Overall, while Kiamichi Place shows strong governance and a commitment to its mission, the financial ratio indicates room for improvement.


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

Is Kiamichi Place Senior Housing Inc legitimate?

Kiamichi Place Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiamichi Place Senior Housing Inc 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: $8,060

For more financial information, click here

What is the mission statement of Kiamichi Place Senior Housing Inc?

Kiamichi Place Senior Housing Inc's mission is centered around owning and managing an elderly apartment complex, funded by the U.S. Department of Housing and Urban Development (HUD) through the Section 202 Program. Their objective is to provide a living space for senior citizens, ensuring they have access to comfortable and suitable housing. This mission aligns with HUD's investment strategy, aiming to enhance the quality of life for elderly individuals by providing affordable housing options.

Who is the CEO of Kiamichi Place Senior Housing Inc?

Sheree Ensley is the Treasurer of Kiamichi Place Senior Housing Inc.

What is the revenue of Kiamichi Place Senior Housing Inc?

Kiamichi Place Senior Housing Inc's revenue in 2022 was $63,667.

Who are the executives of Kiamichi Place Senior Housing Inc and what are their salaries?


Here are 7 key members and their salaries:


Vicki Brandon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Macy Self (President)
  • Compensation: $0
  • Related: $76,655
  • Other: $0
Troy Splawn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Lee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lora Bell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Farrell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashlie Raper (Board Member)
  • Compensation: $0
  • Related: $62,081
  • Other: $0
Where can I find the form 990 for Kiamichi Place Senior Housing Inc?

Kiamichi Place Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kiamichi Place Senior Housing Inc

Kiamichi Place Senior Housing Inc is dedicated to fulfilling a significant mission. This mission involves owning and operating an elderly apartment complex, leveraging investment from the U.S. Department of Housing and Urban Development's Section 202 Program. By undertaking this role, Kiamichi Place Senior Housing Inc contributes to providing affordable and safe living spaces for senior citizens, ensuring they maintain their independence and dignity. The organization's commitment to this mission plays a crucial role in supporting the elderly community, ensuring they have access to suitable housing options that cater to their unique needs.

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Impact




August, 2024

Kiamichi Place Senior Housing Inc's impact lies in providing affordable housing options for elderly individuals in Hugo, Oklahoma. By owning and operating an elderly apartment complex under HUD's investment through the Section 202 Program, this organization helps meet the housing needs of seniors in the community. Through their mission to offer safe and comfortable living spaces for senior citizens, Kiamichi Place Senior Housing Inc contributes to enhancing the quality of life for elderly residents in Hugo.




This information is meant to be a general summary of Kiamichi Place Senior Housing Inc. 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
$63,667 (2022)
Expenses
$109,047 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,012
  • Program Service Revenue: $51,868
  • Gross Receipts: $63,667

Assets and Liabilities:

  • Total Assets: $1,091,810
  • Total Liabilities: $1,565,148
  • Net Assets: -$473,338

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Programs

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

Dwelling Rent

Revenue

$51,652

Other Revenue

Revenue

$216

Organization Details

Founding Year

2009

Principal Officer

Sheree Ensley

Main Address

209 N 4th, Hugo, OK, 74743

NTEE Category

Code: L22 - Housing

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