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Community Homes Of Bismarck Ii

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

EIN: 208553549 ✦ Bismarck, ND ✦ Designated as a 501(c)(3)

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Overview

What is Community Homes Of Bismarck Ii?

Community Homes of Bismarck II is a nonprofit organization situated in Bismarck, North Dakota, with an address at 410 South 2nd Street. Their primary mission is to provide affordable housing options for individuals with disabilities who fall within the low to moderate income bracket. They operate under the Section 811 program, which is designed to cater to this specific demographic. The organization's purpose is to ensure that these individuals have access to safe, comfortable living spaces, thereby contributing positively to their overall well-being.


Official website here: www.burleighcountyhousing.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Community Homes of Bismarck II has achieved a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization’s high score reflects a 100% rating for its independent board composition and solid management practices, which are critical for donor trust and transparency.

The nonprofit excels in program efficiency, with a program expense ratio of 92.31%, meaning that a significant majority of its funding is directed toward its programs rather than administrative costs. Additionally, it maintains a low liabilities-to-assets ratio of 2.04%, showcasing fiscal responsibility and stability. Other strengths include a well-documented conflict of interest policy and the availability of meeting minutes, further affirming its commitment to good governance.

However, one notable limitation is the absence of a whistleblower policy, which could be a point of concern for potential donors or stakeholders looking for comprehensive governance practices. While the organization demonstrates a strong commitment to transparency and efficient resource allocation, enhancing its policies could further solidify its standing in the nonprofit community.


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

Is Community Homes Of Bismarck Ii legitimate?

Community Homes Of Bismarck Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Homes Of Bismarck Ii 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: $2,511

For more financial information, click here


Official website here: www.burleighcountyhousing.com

What is the mission statement of Community Homes Of Bismarck Ii?

Community Homes of Bismarck II is dedicated to offering affordable housing options for individuals with disabilities who fall under the low to moderate income bracket. This mission is executed through their participation in the Section 811 Program, which provides housing opportunities for eligible tenants who meet the program's requirements. In essence, their goal is to make housing accessible and affordable for this specific demographic.


Official website here: www.burleighcountyhousing.com

Who is the CEO of Community Homes Of Bismarck Ii?

Nicole Schurhamer is the Director of Community Homes Of Bismarck Ii.


Official website here: www.burleighcountyhousing.com

What is the revenue of Community Homes Of Bismarck Ii?

Community Homes Of Bismarck Ii's revenue in 2022 was $50,317.


Official website here: www.burleighcountyhousing.com

Who are the executives of Community Homes Of Bismarck Ii and what are their salaries?


Here are 8 key members and their salaries:


Steven Sathre (Director)
  • Compensation: $0
  • Related: $3,900
  • Other: $0
Kathleen Atkinson (Director)
  • Compensation: $0
  • Related: $3,575
  • Other: $0
Arlene Olson (President)
  • Compensation: $0
  • Related: $3,900
  • Other: $0
Cynthia Chavez (Vice President)
  • Compensation: $0
  • Related: $3,900
  • Other: $0
Lois Sundquist (Director)
  • Compensation: $0
  • Related: $3,250
  • Other: $0
Kathie Strum (Managing Agent-Finance Dir)
  • Compensation: $0
  • Related: $71,483
  • Other: $23,588
Nicole Schurhamer (Managing Agent-Exec. Dir)
  • Compensation: $0
  • Related: $75,308
  • Other: $23,725
Dwight Barden (Managing Agent-Exec. Dir (End 12/31))
  • Compensation: $0
  • Related: $160,263
  • Other: $33,448


Official website here: www.burleighcountyhousing.com

Where can I find the form 990 for Community Homes Of Bismarck Ii?

Community Homes Of Bismarck Ii's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.burleighcountyhousing.com

Learn more at the official website: www.burleighcountyhousing.com

Mission Statement of Community Homes Of Bismarck Ii

Community Homes of Bismarck II is dedicated to providing affordable housing for individuals with disabilities who fall under the low to moderate income bracket. Their mission is to cater to this specific demographic, ensuring they have access to suitable living spaces. To achieve this, Community Homes of Bismarck II participates in the Section 811 Program, which is designed to offer affordable housing solutions for eligible tenants. This program requires individuals to meet certain requirements to qualify for the housing provided by Community Homes of Bismarck II.

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Impact




August, 2024

Community Homes of Bismarck II's impact is significant in providing affordable housing for low to moderate income tenants with disabilities in Bismarck, ND. By participating in the Section 811 program, the organization ensures that individuals who qualify under the program requirements have access to safe and suitable housing options. Through their mission to provide affordable housing, Community Homes of Bismarck II contributes to improving the quality of life for individuals with disabilities, addressing the critical need for accessible and affordable housing in the community. Their focus on housing aligns with their commitment to supporting individuals in achieving greater independence and stability.




This information is meant to be a general summary of Community Homes Of Bismarck Ii. 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
$50,317 (2022)
Expenses
$89,417 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $49,146
  • Gross Receipts: $50,317

Assets and Liabilities:

  • Total Assets: $849,092
  • Total Liabilities: $12,898
  • Net Assets: $836,194

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Programs

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

LOW INCOME HOUSING REN

Revenue

$25,789

TENANT ASSISTANCE PAYM

Revenue

$23,357

Organization Details

Founding Year

2007

Principal Officer

Nicole Schurhamer

Main Address

410 SOUTH 2ND STREET, BISMARCK, ND, 58501

NTEE Category

Code: L24 - Housing

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