Overview
What is Belleville Non-Profit Housing Corporation?
Belleville Non-Profit Housing Corporation is a Michigan-based nonprofit organization, established in 2002 with the support of Cooperative Services, Inc., another Michigan nonprofit cooperative. The main objective of this corporation is to provide housing facilities for low-income senior citizens. They achieved this goal by acquiring real property in Belleville, Michigan, constructing an apartment project with 61 units, and partnering with the U.S. Department of Housing and Urban Development. The corporation's mission remains steadfast in offering affordable housing solutions for elderly individuals with limited financial resources.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Belleville Non-Profit Housing Corporation has achieved a commendable 96% score from Charity Navigator, reflecting its strong commitment to accountability and financial health. This high rating is indicative of effective management practices, including an entirely independent board of directors, which ensures that the organization operates with transparency and integrity.
Strengths of the organization include a substantial program expense ratio of 81.79%, demonstrating that a significant portion of its funding is directed towards its housing initiatives. Additionally, the organization has successfully implemented various policies and practices that promote ethical governance, such as a conflict of interest policy and a whistleblower policy, both of which are critical for maintaining trust with stakeholders.
While the organization showcases strong financial oversight and minimal liabilities, it's important for stakeholders to continue monitoring its performance and community impact. The combination of a robust operational framework and effective program delivery positions the Belleville Non-Profit Housing Corporation as a reliable and responsible entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Belleville Non-Profit Housing Corporation legitimate?
Belleville Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belleville Non-Profit Housing Corporation 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: $0
For more financial information, click here
Official website here: www.csi.coop
What is the mission statement of Belleville Non-Profit Housing Corporation?
The Belleville Non-Profit Housing Corporation's mission is centered around providing housing facilities for senior citizens who fall under the low-income bracket. Established as a non-profit organization, its primary goal is to ensure these individuals have access to suitable living accommodations. The corporation works in collaboration with the United States Department of Housing and Urban Development to offer this housing service. The organization was formed with the intention of acquiring property and constructing an apartment project, offering 61 units specifically designed for low-income senior citizens.
Official website here: www.csi.coop
Who is the CEO of Belleville Non-Profit Housing Corporation?
Cindy Lamb is the President of Belleville Non-Profit Housing Corporation.
Official website here: www.csi.coop
What is the revenue of Belleville Non-Profit Housing Corporation?
Belleville Non-Profit Housing Corporation's revenue in 2022 was $683,617.
Official website here: www.csi.coop
Who are the executives of Belleville Non-Profit Housing Corporation and what are their salaries?
There 14 volunteers at Belleville Non-Profit Housing Corporation.
Here are 19 key members and their salaries:
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- Related: $182,532
- Other: $32,442
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- Related: $175,150
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- Related: $182,210
- Other: $47,091
- Compensation: $0
- Related: $177,736
- Other: $54,448
Official website here: www.csi.coop
Where can I find the form 990 for Belleville Non-Profit Housing Corporation?
Belleville Non-Profit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csi.coop
Learn more at the official website: www.csi.coop
Mission Statement of Belleville Non-Profit Housing Corporation
Belleville Non-Profit Housing Corporation, established as a Michigan-based non-profit organization, is dedicated to providing housing facilities for low-income senior citizens. This mission is carried out through the corporation's primary activity, which involves acquiring property and constructing apartment projects specifically designed for this demographic. The corporation works in close collaboration with the United States Department of Housing and Urban Development to ensure that the housing provided is accessible to those who require it most. The ultimate goal of Belleville Non-Profit Housing Corporation is to create a living environment that caters to the needs of senior citizens with limited income, providing them with a sense of security and stability in their later years.
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Impact
July, 2024
Belleville Non-Profit Housing Corporation's impact is evident in its provision of housing facilities for low-income senior citizens. By offering affordable housing options for this vulnerable population, the organization directly contributes to improving the quality of life for seniors in need. This initiative aligns with the mission to support low-income senior citizens by providing them with a safe and comfortable place to call home. Through its efforts, Belleville Non-Profit Housing Corporation plays a significant role in enhancing the community and addressing housing challenges faced by the elderly.
This information is meant to be a general summary of Belleville Non-Profit Housing Corporation. 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: $2,951
- Program Service Revenue: $237,825
- Gross Receipts: $683,617
Assets and Liabilities:
- Total Assets: $4,075,590
- Total Liabilities: $183,024
- Net Assets: $3,892,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$237,825
Organization Details
Founding Year
2002
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE ROAD, WARREN, MI, 48093
Website
www.csi.coopNTEE Category
Code: S22 - Community improvement
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