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Kidney Foundation Of Ohio Real Estate Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320124479 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Kidney Foundation Of Ohio Real Estate Foundation?

The Kidney Foundation of Ohio Real Estate Foundation is a nonprofit organization situated in Cleveland, Ohio. Their primary mission is to offer a budget-friendly environment for other nonprofit organizations to operate effectively. During the year, they provided lease space to two such organizations at a reasonable price, thereby contributing to their operational efficiency. The foundation's actions align with its commitment to supporting the broader nonprofit community in the region.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

The Kidney Foundation Of Ohio Real Estate Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based entirely on their performance in the Accountability & Finance beacon, which reflects the charity's effective governance and transparency practices. This is particularly significant in building trust with donors and ensuring that funds are utilized efficiently.

One of the organization's notable strengths includes its 100% independent board comprised of 11 members, which demonstrates a commitment to unbiased oversight. Additionally, the foundation has implemented robust policies, including conflict of interest and whistleblower protections, further enhancing its overall governance framework. The organization also shows a strong program expense ratio of 80.69%, indicating that a substantial portion of its resources is directed towards its charitable mission.

However, while the foundation has excelled in accountability and financial management, details regarding its specific programs and impact on the community may not be readily available. Overall, the strong financial indicators suggest that the Kidney Foundation Of Ohio Real Estate Foundation is effectively managing its resources to support its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Kidney Foundation Of Ohio Real Estate Foundation legitimate?

Kidney Foundation Of Ohio Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kidney Foundation Of Ohio Real Estate 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kidney Foundation Of Ohio Real Estate Foundation?

The Kidney Foundation of Ohio Real Estate Foundation's mission is to create an economical operating environment for various non-profit organizations. By doing so, they aim to help these organizations operate efficiently and effectively. The foundation achieves this by providing affordable lease space to other non-profit organizations throughout the year. This initiative allows these organizations to focus on their primary missions without being burdened by high operating costs. The ultimate goal is to support the growth and success of the non-profit sector as a whole.

Who is the CEO of Kidney Foundation Of Ohio Real Estate Foundation?

Michael F Needham is the President & Ceo of Kidney Foundation Of Ohio Real Estate Foundation. The CEO's salary of Kidney Foundation Of Ohio Real Estate Foundation is $0 and their total compensation is $223,465.

What is the revenue of Kidney Foundation Of Ohio Real Estate Foundation?

Kidney Foundation Of Ohio Real Estate Foundation's revenue in 2022 was $61,593.

Who are the executives of Kidney Foundation Of Ohio Real Estate Foundation and what are their salaries?

There 11 volunteers at Kidney Foundation Of Ohio Real Estate Foundation.


Here are 11 key members and their salaries (Kidney Foundation Of Ohio Real Estate Foundation's CEO's salary is $0 and their total compensation is $223,465):


Michael F Needham (President & Ceo)
  • Compensation: $0
  • Related: $186,621
  • Other: $36,844
Robert A Grossman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Christensen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald P Shury (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Klucher Esq (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bongers (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Roberts (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Damas (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Balch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Robinson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kidney Foundation Of Ohio Real Estate Foundation?

Kidney Foundation Of Ohio Real Estate Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kidney Foundation Of Ohio Real Estate Foundation

The Kidney Foundation of Ohio Real Estate Foundation is dedicated to offering a budget-friendly environment for various non-profit organizations to operate efficiently. Its mission is to provide affordable lease spaces, thereby enabling these organizations to operate productively without incurring excessive costs. By doing so, the foundation contributes significantly to the overall effectiveness of the non-profit sector, ensuring that they can focus on their primary objectives without being hindered by financial constraints. During the year, the foundation extended this service to two such organizations, demonstrating its commitment to supporting the growth and success of the non-profit sector.

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Impact




August, 2024

Kidney Foundation Of Ohio Real Estate Foundation has had a tangible impact by providing a cost-effective environment for other non-profit organizations to operate efficiently in Cleveland, OH. This includes offering lease space to two other non-profit organizations at an affordable price during the year. This initiative aligns with their mission of supporting philanthropy and enabling other non-profits to thrive in their work.




This information is meant to be a general summary of Kidney Foundation Of Ohio Real Estate 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.

Revenue
$61,593 (2022)
Expenses
$75,760 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $343
  • Program Service Revenue: $61,250
  • Gross Receipts: $61,593

Assets and Liabilities:

  • Total Assets: $346,269
  • Total Liabilities: $155,401
  • Net Assets: $190,868

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$61,250

Organization Details

Founding Year

2006

Principal Officer

Michael F Needham

Main Address

2831 Prospect Avenue, Cleveland, OH, 441152606

NTEE Category

Code: T19 - Philanthropy

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