Overview
What is Co-Care Inc?
Co-Care Inc, based in Green Bay, Wisconsin, is a nonprofit organization well-known for its commitment to providing affordable housing for the elderly. Specifically, their project, Fort Howard Apartments, houses 97 residents, with 96 of these units adhering to Section 8 regulations by the U.S. Department of Housing and Urban Development (HUD). This project aims to cater to the needs of senior residents who wish to reside in the Co-Care neighborhood, situated on the city's near west side. The organization's mission is to ensure that elderly adults can live comfortably within their means, and they have employed a team of 13 dedicated individuals to make this mission a reality.
Official website here: www.forthowardapts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Co-Care Inc has received an impressive rating of 96%, indicating a strong performance in accountability and finance. The charity's rating is derived entirely from its accountability metrics, showcasing a commitment to transparency and responsible financial management. The organization scored full points in key areas, including independent board representation and financial statement review.
The charity maintains a high level of independence with 88% of its board members being independent, which contributes to its strong governance practices. Additionally, it has robust policies in place regarding conflicts of interest, whistleblower protections, and document retention. The organization demonstrates financial health with a liabilities to assets ratio of 23.20%, indicating a solid fiscal foundation.
While Co-Care Inc exhibits strong financial practices and governance, the single focus of its rating is on accountability and finance, leaving other aspects of performance unassessed. However, the charity's commitment to maintaining transparent operations and high program expense ratios (82.30%) suggests effective allocation of resources towards its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Co-Care Inc legitimate?
Co-Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Co-Care 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: $65,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,330
For more financial information, click here
Official website here: www.forthowardapts.com
What is the mission statement of Co-Care Inc?
Co-Care Inc, a nonprofit organization, is dedicated to providing affordable housing for the elderly. They accomplished this mission by constructing Fort Howard Apartments in a specific neighborhood. This housing complex, located in Green Bay, Wisconsin, caters to older adults who wish to reside in the Co-Care community. The Fort Howard Apartment project, operated by Co-Care Inc, consists of 97 units, with 96 units adhering to Section 8 regulations set by the U.S. Department of Housing and Urban Development (HUD), and one unit being exempt. The organization's primary goal is to provide a comfortable living environment for elderly individuals at an affordable price.
Official website here: www.forthowardapts.com
Who is the CEO of Co-Care Inc?
Barbara Kuehn Schumacher is the President of Co-Care Inc.
Official website here: www.forthowardapts.com
What is the revenue of Co-Care Inc?
Co-Care Inc's revenue in 2022 was $732,004.
Official website here: www.forthowardapts.com
Who are the executives of Co-Care Inc and what are their salaries?
The average compensation at Co-Care Inc during 2022 was $16,568. There are 13 employees and 40 volunteers at Co-Care Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $65,048
- Related: $0
- Other: $0
Official website here: www.forthowardapts.com
Where can I find the form 990 for Co-Care Inc?
Co-Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forthowardapts.com
Learn more at the official website: www.forthowardapts.com
Mission Statement of Co-Care Inc
Co-Care Inc, a nonprofit organization, is committed to addressing the housing needs of the elderly. They have achieved this mission by constructing the Fort Howard Apartments in Green Bay, Wisconsin. The primary aim of this project is to provide affordable housing options for older adults who wish to reside in the Co-Care neighborhood, specifically the Near West Side of Green Bay.
Of the 97 units available at the Fort Howard Apartments, 96 are eligible under Section 8 of the U.S. Department of Housing and Urban Development (HUD) regulations. This means that these units are designed to cater to individuals with limited income, ensuring they have access to suitable living arrangements. The remaining unit is exempt from these regulations. Co-Care Inc's mission, through the Fort Howard Apartments project, is to contribute to the well-being of elderly individuals, providing them with a comfortable and affordable living environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Co-Care Inc significantly impacts the community by providing affordable housing options for elderly individuals in Green Bay, Wisconsin. Through the Fort Howard Apartment Project, the organization offers 97 units, with 96 of them qualifying under the Section 8 program, ensuring that seniors with limited income have a safe and stable place to live.
By fostering a supportive living environment, Co-Care Inc enhances the quality of life for older adults in the area. This initiative allows residents to remain in a community they know and love, promoting social connection and reducing isolation among seniors. The availability of affordable housing alleviates financial stress, enabling residents to prioritize their well-being and make the most of their retirement years.
Overall, Co-Care Inc plays a crucial role in addressing the housing needs of elderly residents, contributing to the overall health and vitality of the community in Green Bay.
This information is meant to be a general summary of Co-Care 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 2022.
- Investment Income: -$8,202
- Program Service Revenue: $735,780
- Gross Receipts: $740,777
Assets and Liabilities:
- Total Assets: $835,063
- Total Liabilities: $357,525
- Net Assets: $477,538
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$666,993
HUD SVC. COORD. SUBSID
Revenue
$62,447
LAUNDRY/VENDING REVENU
Revenue
$6,340
Organization Details
Founding Year
1983
Phone
(920) 448-4544Principal Officer
Barbara Kuehn Schumacher
Main Address
141 N CHESTNUT AVE, GREEN BAY, WI, 54303
Website
www.forthowardapts.comNTEE Category
Code: L210 - Housing
If you are a representative of Co-Care Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.