Overview
What is Randallstown Ii Non-Profit Housing Corporation?
Randallstown II Non-Profit Housing Corporation is a Maryland-based organization, established on a non-stock basis by Cooperative Services, Inc., a Michigan non-profit cooperative, on November 1, 2004. Their primary mission is to provide housing facilities for low-income senior citizens. The corporation was initially formed to acquire an interest in real property located in Baltimore, Maryland, and construct an apartment project consisting of 76 units. In collaboration with the U.S. Department of Housing and Urban Development, they offer housing to eligible seniors, promoting community living for this demographic.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Randallstown II Non-Profit Housing Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization scored 96% based entirely on its Accountability & Finance metrics, indicating a strong commitment to transparency and responsible stewardship of resources.
The nonprofit demonstrates excellent governance with a fully independent board and robust financial oversight structures in place. Their policies, including a conflict of interest policy and a whistleblower policy, are well documented, which contributes positively to their operational integrity. Moreover, the organization maintains a healthy financial ratio, with 79.83% of its expenses directed toward programs, showcasing its focus on mission-driven work.
While the rating is commendable, it's essential for potential donors and stakeholders to remain informed about the organization's ongoing performance and any updates in their financial health. Overall, Randallstown II Non-Profit Housing Corporation exemplifies strong nonprofit practices and prioritizes accountability in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Randallstown Ii Non-Profit Housing Corporation legitimate?
Randallstown Ii Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Randallstown Ii 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 Randallstown Ii Non-Profit Housing Corporation?
The Randallstown II Non-Profit Housing Corporation is committed to providing housing facilities for low-income senior citizens. This mission is carried out through a cooperative effort with the United States Department of Housing and Urban Development. The corporation's primary goal is to acquire and operate an apartment project, offering 76 units of housing for elderly individuals with limited income. By doing so, the organization aims to contribute to the well-being and comfort of this vulnerable population, thereby enhancing their quality of life.
Official website here: www.csi.coop
Who is the CEO of Randallstown Ii Non-Profit Housing Corporation?
Cindy Lamb is the President of Randallstown Ii Non-Profit Housing Corporation.
Official website here: www.csi.coop
What is the revenue of Randallstown Ii Non-Profit Housing Corporation?
Randallstown Ii Non-Profit Housing Corporation's revenue in 2022 was $694,994.
Official website here: www.csi.coop
Who are the executives of Randallstown Ii Non-Profit Housing Corporation and what are their salaries?
There 15 volunteers at Randallstown Ii 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: $295,265
- Other: $63,472
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- Related: $153,401
- Other: $34,172
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- Related: $162,992
- Other: $25,359
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- Related: $175,150
- Other: $45,954
- Compensation: $0
- 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 Randallstown Ii Non-Profit Housing Corporation?
Randallstown Ii 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 Randallstown Ii Non-Profit Housing Corporation
Randallstown II Non-Profit Housing Corporation is dedicated to providing housing facilities for low-income senior citizens. This Maryland-based nonprofit organization, established on a non-stock basis by Cooperative Services, Inc., a Michigan non-profit cooperative, aims to make a positive impact in the lives of elderly individuals with limited income. The corporation was officially formed on November 1, 2004, and its mission involves acquiring an interest in real property and constructing an apartment project with 76 units. The primary focus of Randallstown II Non-Profit Housing Corporation is to offer housing solutions for senior citizens, in close collaboration with the United States Department of Housing and Urban Development (HUD). This commitment to providing affordable housing for low-income senior citizens is a testament to the organization's dedication to ensuring that elderly individuals have access to safe, comfortable, and secure living spaces.
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Impact
July, 2024
Randallstown II Non-Profit Housing Corporation's impact is significant in providing housing facilities for low income senior citizens. This organization, established in 2004, operates an apartment project with 76 units in Baltimore, Maryland. By offering affordable housing in cooperation with the US Department of Housing and Urban Development, Randallstown II plays a crucial role in supporting low-income seniors in accessing suitable living arrangements. The organization's mission to provide housing for this vulnerable population underscores its commitment to addressing housing needs and improving the quality of life for seniors in need.
This information is meant to be a general summary of Randallstown Ii 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: $4,992
- Program Service Revenue: $361,751
- Gross Receipts: $694,994
Assets and Liabilities:
- Total Assets: $5,713,125
- Total Liabilities: $106,138
- Net Assets: $5,606,987
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$361,751
Organization Details
Founding Year
2004
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE ROAD, WARREN, MI, 48093
Website
www.csi.coopNTEE Category
Code: L21 - Housing
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