Overview
What is Cannelton & Neighbors Development Inc?
Cannelton & Neighbors Development Inc is a nonprofit organization that dedicatedly serves the elderly community by offering housing solutions. Through their programs focusing on senior citizens housing and retirement communities, they provide a comfortable living environment for the elderly. This organization's primary mission is to enhance the elderly's quality of life by providing them with suitable housing accommodations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Cannelton & Neighbors Development Inc has received a solid rating of 87%, reflecting strong performance in the area of Accountability & Finance. This score is derived entirely from a single beacon score for fiscal year 2022, highlighting the nonprofit's commitment to responsible financial management. Notably, the organization boasts a perfect score in key areas such as having 100% independent board members and a solid liabilities to assets ratio.
The organization excels in maintaining transparency and good governance practices, as evidenced by its comprehensive conflict of interest policy and proper documentation of board meeting minutes. All these factors contribute positively to the nonprofit’s credibility, making it a reliable option for potential donors and stakeholders.
Despite its strengths, the rating is based solely on financial accountability metrics, which means that aspects such as program effectiveness and impact are not included in this evaluation. Potential supporters may want to consider seeking further information on the organization's programs and outcomes to gain a fuller picture of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Cannelton & Neighbors Development Inc legitimate?
Cannelton & Neighbors Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cannelton & Neighbors Development 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: $12,420
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cannelton & Neighbors Development Inc?
Cannelton & Neighbors Development Inc is committed to providing housing solutions for the elderly. This is achieved through their initiatives in senior citizens housing and retirement communities. Their mission is centered around offering a living environment that caters specifically to the elderly, ensuring they have a comfortable and suitable place to reside in. The organization's activities are geared towards enhancing the living conditions and well-being of the elderly population.
Who is the CEO of Cannelton & Neighbors Development Inc?
Tammy C Huebschman is the Executive Director of Cannelton & Neighbors Development Inc.
What is the revenue of Cannelton & Neighbors Development Inc?
Cannelton & Neighbors Development Inc's revenue in 2022 was $120,738.
Who are the executives of Cannelton & Neighbors Development Inc and what are their salaries?
The average compensation at Cannelton & Neighbors Development Inc during 2022 was $12,420. There is 1 employee at Cannelton & Neighbors Development Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Cannelton & Neighbors Development Inc?
Cannelton & Neighbors Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cannelton & Neighbors Development Inc
Cannelton & Neighbors Development Inc is dedicated to serving the elderly population by providing them with suitable housing options. Through its initiatives in senior citizens housing and retirement communities, the organization aims to cater to the needs of the elderly, ensuring they have a comfortable living environment. By offering housing solutions, Cannelton & Neighbors Development Inc contributes to the well-being of the elderly community, enabling them to live with dignity and independence.
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Impact
October, 2024
Cannelton & Neighbors Development Inc significantly impacts the community by providing essential housing solutions for the elderly. Through its dedicated programs focused on senior citizens housing and retirement communities, the organization addresses the critical need for safe, affordable, and accessible living arrangements for older adults. Located in Cannelton, Indiana, it plays a vital role in enhancing the quality of life for seniors, ensuring they have a supportive environment where they can thrive in their later years. By fostering a sense of community and belonging, Cannelton & Neighbors Development Inc helps alleviate isolation and promotes overall well-being among older residents.
This information is meant to be a general summary of Cannelton & Neighbors Development 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: $143
- Program Service Revenue: $116,297
- Gross Receipts: $120,738
Assets and Liabilities:
- Total Assets: $1,002,199
- Total Liabilities: $112,561
- Net Assets: $889,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Senior Housing
Revenue
$116,297
Organization Details
Founding Year
1977
Principal Officer
Tammy C Huebschman
Main Address
400 HERZELLE STREET, Cannelton, IN, 47520
NTEE Category
Code: L80Z - Housing
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