Overview
What is Community Roots Housing Foundation?
Community Roots Housing Foundation is a 501(c)(3) nonprofit organization based in Seattle, Washington. Established in 1976, its primary mission is to foster vibrant and engaged communities in the Seattle area by constructing and maintaining affordable housing for low-income individuals and families. The foundation raises funds to sustain its operations and support specific initiatives, including constructing new homes and managing an existing portfolio of over 1,500 affordable homes housing over 2,000 residents. Through these efforts, Community Roots Housing Foundation aims to provide stability services to its residents and contribute to the development of sustainable communities. The foundation's annual fundraising activities support both unrestricted and restricted funding, enabling it to address general operating needs and targeted initiatives within its scope.
Official website here: www.communityrootshousing.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that Community Roots Housing Foundation has achieved a Four-Star out of Four Star rating, reflecting its high level of accountability and financial health. The organization excels in transparency, as evidenced by its independent board comprised entirely of 14 members and effective oversight mechanisms.
The foundation's financial metrics are impressive, with a program expense ratio of 92.16%, indicating that a significant portion of its funds is directed towards its programs. Additionally, the fundraising efficiency ratio is notably low at $0.04, showing the organization's ability to minimize fundraising costs while maximizing its impact.
Despite these strengths, there are no apparent limitations or areas for improvement mentioned in the data provided. Overall, Community Roots Housing Foundation demonstrates a solid commitment to its mission and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Community Roots Housing Foundation legitimate?
Community Roots Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Roots Housing Foundation 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: $68,800
Professional Fundraising Fees: $46,000
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.communityrootshousing.org
What is the mission statement of Community Roots Housing Foundation?
The Community Roots Housing Foundation, a 501(c)(3) nonprofit organization, is dedicated to supporting the operations and specific initiatives of Community Roots Housing. This public development authority, established in 1976, focuses on building vibrant and engaged communities in the Seattle area. Their primary objectives involve constructing and managing affordable housing, providing stability services to their residents, and fostering the development of healthy and sustainable communities. The foundation raises funds to contribute to these initiatives, aiming to enhance the living conditions and stability of its residents.
Official website here: www.communityrootshousing.org
Who is the CEO of Community Roots Housing Foundation?
Kiley Dhatt is the President of Community Roots Housing Foundation.
Official website here: www.communityrootshousing.org
What is the revenue of Community Roots Housing Foundation?
Community Roots Housing Foundation's revenue in 2022 was $2,457,461.
Official website here: www.communityrootshousing.org
Who are the executives of Community Roots Housing Foundation and what are their salaries?
The average compensation at Community Roots Housing Foundation during 2022 was $8,600. There are 8 employees and 65 volunteers at Community Roots Housing Foundation.
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Official website here: www.communityrootshousing.org
Where can I find the form 990 for Community Roots Housing Foundation?
Community Roots Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityrootshousing.org
Learn more at the official website: www.communityrootshousing.org
Mission Statement of Community Roots Housing Foundation
The Community Roots Housing Foundation, as a 501(c)(3) nonprofit organization, plays a crucial role in supporting the operations and specific initiatives of Community Roots Housing. Established in 1976, Community Roots Housing is a public development authority that is dedicated to creating vibrant and engaged communities in the Seattle area. Their primary focus has been on constructing and managing affordable housing, offering stability services to their residents, and working towards the development of healthy and sustainable communities. By raising funds through the Community Roots Housing Foundation, they aim to strengthen their efforts in these areas, thus contributing to the well-being of their residents and the communities they serve.
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Impact
October, 2024
Community Roots Housing Foundation significantly impacts the Seattle area by enhancing access to affordable housing for low-income individuals and families. Through its fundraising efforts, the foundation provides unrestricted funds that sustain core activities essential for constructing new affordable homes and maintaining an existing portfolio of over 1,500 affordable residences, which serve more than 2,000 residents.
By supporting programs that promote housing stability and community engagement, the foundation helps build vibrant neighborhoods, fostering an environment where individuals and families can thrive. Since its inception in 1976, the organization has remained dedicated to creating healthy, sustainable communities, facilitating not just housing, but also a sense of belonging and security for residents.
This information is meant to be a general summary of Community Roots Housing Foundation. 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.
- Gross Receipts: $2,577,091
Assets and Liabilities:
- Total Assets: $1,604,596
- Total Liabilities: $74,756
- Net Assets: $1,529,840
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Organization Details
Founding Year
2010
Phone
(206) 329-7303Principal Officer
Kiley Dhatt
Main Address
1620 12TH AVE 205, SEATTLE, WA, 98122
NTEE Category
Code: T11 - Philanthropy
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