Overview
What is Msu Student Housing Cooperative Inc?
Msu Student Housing Cooperative Inc, also known as Spartan Housing Cooperative, is a nonprofit organization situated in East Lansing, Michigan. Their primary mission is to provide affordable, high-quality housing for their 265 members. By adhering to the Rochdale principles of cooperation, they aim to promote this living concept and contribute to the betterment of very low-to moderate-income individuals. Spartan Housing Cooperative offers educational opportunities as part of their commitment, fostering a thriving community. The organization, with a workforce of 7 employees, ensures the provision of low-cost, not-for-profit housing, thereby serving as a cooperative housing provider.
Official website here: www.spartan.coop
Is Msu Student Housing Cooperative Inc legitimate?
Msu Student Housing Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msu Student Housing Cooperative 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: $108,761
Professional Fundraising Fees: $0
Other Salaries and Wages: $254,852
For more financial information, click here
Official website here: www.spartan.coop
What is the mission statement of Msu Student Housing Cooperative Inc?
The MSU Student Housing Cooperative Inc's mission is centered around providing high-quality, affordable cooperative housing to individuals with modest incomes. This not-for-profit organization aims to promote the concept of cooperative living and adheres to the Rochdale Principles of Cooperation. Its primary goal is to offer educational opportunities alongside its housing services, all while upholding these principles. The cooperative housing provided by the organization is designed to be cost-effective, catering to its 265 members.
Official website here: www.spartan.coop
What is the revenue of Msu Student Housing Cooperative Inc?
Msu Student Housing Cooperative Inc's revenue in 2023 was $1,560,107.
Official website here: www.spartan.coop
Who are the executives of Msu Student Housing Cooperative Inc and what are their salaries?
The average compensation at Msu Student Housing Cooperative Inc during 2023 was $51,945. There are 7 employees and 270 volunteers at Msu Student Housing Cooperative Inc.
Here are 42 key members and their salaries:
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- Compensation: $4,433
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- Compensation: $4,072
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- Compensation: $1,463
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- Compensation: $1,678
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- Compensation: $69,426
- Related: $0
- Other: $9,671
Official website here: www.spartan.coop
Where can I find the form 990 for Msu Student Housing Cooperative Inc?
Msu Student Housing Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.spartan.coop
Learn more at the official website: www.spartan.coop
Mission Statement of Msu Student Housing Cooperative Inc
Msu Student Housing Cooperative Inc, with a mission to promote cooperative living, aims to provide high-quality, affordable housing for individuals with moderate to low incomes. This not-for-profit organization upholds the Rochdale principles of cooperation, ensuring that its 265 members benefit from a collaborative living experience. The cooperative's mission is to offer its members a cost-effective housing solution while fostering an understanding of cooperative living principles. By doing so, Msu Student Housing Cooperative Inc strives to make a positive impact on its community, offering its members a supportive and inclusive living environment.
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Impact
October, 2024
Msu Student Housing Cooperative Inc significantly impacts the East Lansing community by offering affordable, high-quality cooperative housing aimed at very low-to moderate-income individuals. By serving 265 members, it creates a supportive environment that fosters a sense of community and collaboration among residents.
The cooperative model promotes the principles of cooperation, encouraging members to participate in decision-making processes and take shared responsibility for their living spaces. This not only enhances residents' housing experience but also provides educational opportunities that empower individuals with skills in cooperative governance and community engagement.
By prioritizing low-cost housing options, the cooperative addresses housing accessibility, alleviating some financial burdens faced by students and low-income families. In doing so, it contributes to the overall well-being and stability of its members while fostering a culture of cooperation and community responsibility in East Lansing.
This information is meant to be a general summary of Msu Student Housing Cooperative 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $30,444
- Program Service Revenue: $1,523,162
- Gross Receipts: $1,560,107
Assets and Liabilities:
- Total Assets: $4,409,348
- Total Liabilities: $1,538,721
- Net Assets: $2,870,627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP ASSESSMENTS
Revenue
$1,471,796
MEMBERSHIP DUES
Revenue
$12,160
Organization Details
Founding Year
1969
Principal Officer
Holly Jo Sparks
Website
www.spartan.coopNTEE Category
Code: L21 - Housing
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