Overview
What is Lenawee Housing Development Coaliti?
Lenawee Housing Development Coaliti is a nonprofit organization based in Adrian, Michigan. Their primary mission is to provide permanent shelter for seven chronically homeless adults, housing them in a seven-unit building located at 223 N. Broad St., Adrian, MI 49221. Beyond this, they also serve as a managing member of two Limited Liability Companies, contributing to the provision of low-income housing in the area. By offering a safe and stable living environment for those in need and expanding their reach through partnerships, Lenawee Housing Development Coaliti aims to contribute positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Lenawee Housing Development Coalition has received a rating of 73%, indicating a fair level of performance in its accountability and financial practices. The organization excels in governance, with 100% of its board members being independent, and it has a low liabilities to assets ratio, demonstrating financial stability. Additionally, it documents board meeting minutes and shows a strong commitment to program expenses, allocating 100% of its resources to its mission.
However, the overall Two-Star rating suggests that there may be areas for improvement in its operational effectiveness and transparency. While the organization demonstrates strong financial practices, the rating indicates potential concerns that could impact its effectiveness and impact in the community. Users looking to support nonprofits may want to consider these factors when evaluating Lenawee Housing Development Coalition's overall performance and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lenawee Housing Development Coaliti legitimate?
Lenawee Housing Development Coaliti is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lenawee Housing Development Coaliti 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:
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What is the mission statement of Lenawee Housing Development Coaliti?
The Lenawee Housing Development Coalition's primary mission is to provide permanent shelter for chronically homeless adults. They accomplish this by maintaining a seven-unit building, located at an undisclosed address. Additionally, the organization serves as a managing member of two limited liability companies, contributing to the provision of low-income housing. Their work aims to offer a stable living environment and support for individuals who have struggled with homelessness for an extended period.
Who is the CEO of Lenawee Housing Development Coaliti?
Chris Miller is the President of Lenawee Housing Development Coaliti.
What is the revenue of Lenawee Housing Development Coaliti?
Lenawee Housing Development Coaliti's revenue in 2022 was $55,167.
Who are the executives of Lenawee Housing Development Coaliti and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Lenawee Housing Development Coaliti?
Lenawee Housing Development Coaliti's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lenawee Housing Development Coaliti
Lenawee Housing Development Coaliti is dedicated to addressing the issue of chronic homelessness among adults. Their primary mission involves managing a seven-unit building, located in an unspecified location, that serves as a permanent shelter for seven individuals experiencing prolonged homelessness. Beyond this, the coalition is also the managing member of two Limited Liability Companies, which provide low-income housing. By overseeing these entities, Lenawee Housing Development Coaliti aims to contribute to the broader housing needs of vulnerable populations, ensuring that they have access to safe and affordable living spaces.
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Impact
August, 2024
Lenawee Housing Development Coalition's impact lies in maintaining a seven-unit building that serves as permanent shelter for seven chronically homeless adults in Adrian, MI. Additionally, they are managing members of two limited liability companies that provide low-income housing in the area. With a focus on housing, their efforts contribute to addressing homelessness and providing affordable housing options for those in need within the community.
This information is meant to be a general summary of Lenawee Housing Development Coaliti. 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: $11
- Program Service Revenue: $55,156
- Gross Receipts: $55,167
Assets and Liabilities:
- Total Assets: $739,127
- Total Liabilities: $76,412
- Net Assets: $662,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
223 NORTH BROAD ST.
Revenue
$55,156
Organization Details
Phone
(517) 264-0782Principal Officer
Chris Miller
Main Address
PO BOX 324, ADRIAN, MI, 49221
NTEE Category
Code: L20 - Housing
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