Overview
What is Champion Community Senior Housing I?
Champion Community Senior Housing I, located in Warren, OH, is a nonprofit organization that specializes in offering affordable housing for low-income elderly individuals. Through the support of the USDA-Rural Housing Services, they have established 50 housing units, ensuring that elderly citizens have a place to call home. Their primary mission is to provide a living space that caters to the elderly population's needs, maintaining a commitment to affordability and accessibility.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Star rating)
Champion Community Senior Housing I has received a 61% rating, indicating a need for improvement in various accountability and financial practices. While the organization excels in having a fully independent board and has demonstrated no material diversion of assets, it falls short in several key governance areas, such as the absence of a conflict of interest policy, a whistleblower policy, and inadequate transparency regarding its website and financial documents.
The organization boasts a strong program expense ratio of 96.27%, reflecting a significant commitment to its mission and effective use of funds for programs. This is a positive sign for potential donors, as it suggests that the majority of their contributions directly support the services the nonprofit provides. However, the high liabilities to assets ratio of 66.65% raises concerns about financial stability and sustainability.
Overall, while Champion Community Senior Housing I demonstrates effective program spending and robust governance through its independent board, the lack of essential policies and transparency measures limits its overall accountability. This highlights the importance for stakeholders to consider both the strengths and weaknesses of the organization before engaging or contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Champion Community Senior Housing I legitimate?
Champion Community Senior Housing I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Champion Community Senior Housing I 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: $59,618
For more financial information, click here
What is the mission statement of Champion Community Senior Housing I?
Champion Community Senior Housing I is dedicated to providing low-income housing opportunities for the elderly. This mission is realized through the availability of 50 housing units, which were made possible through the USDA-Rural Housing Services. The goal is to offer affordable homes for this demographic, thereby addressing their housing needs. By providing such housing, the organization contributes to the well-being and comfort of elderlies, enabling them to live with dignity.
Who is the CEO of Champion Community Senior Housing I?
Emily Varner is the President of Champion Community Senior Housing I.
What is the revenue of Champion Community Senior Housing I?
Champion Community Senior Housing I's revenue in 2022 was $210,568.
Who are the executives of Champion Community Senior Housing I and what are their salaries?
The average compensation at Champion Community Senior Housing I during 2022 was $14,904. There are 4 employees at Champion Community Senior Housing I.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Champion Community Senior Housing I?
Champion Community Senior Housing I's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Champion Community Senior Housing I
Champion Community Senior Housing I, as its name suggests, is dedicated to providing low-income housing for the elderly community. This nonprofit organization strives to make affordable living a reality for senior citizens, ensuring they can maintain their independence and dignity. They accomplish this mission by offering 50 housing units, which were made possible through partnership with the USDA-Rural Housing Services. These units provide a safe and comfortable living environment for the elderly, allowing them to age gracefully and with a sense of security. By providing affordable housing, Champion Community Senior Housing I plays a crucial role in supporting the elderly, enabling them to focus on their well-being and quality of life, rather than being burdened by housing expenses.
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Impact
October, 2024
Champion Community Senior Housing I significantly impacts the lives of low-income elderly individuals by providing affordable housing through its Woodland Meadows facility in Warren, OH. With 50 housing units specifically designed for this demographic, it addresses a critical need for accessible and secure living arrangements. By offering these homes, facilitated through the USDA-Rural Housing Services, it ensures that elderly residents can maintain their independence and dignity while having a stable place to live. This initiative not only improves their quality of life but also fosters a sense of community among the residents, contributing to their overall well-being and social engagement.
This information is meant to be a general summary of Champion Community Senior Housing I. 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: $7
- Program Service Revenue: $210,561
- Gross Receipts: $210,568
Assets and Liabilities:
- Total Assets: $471,764
- Total Liabilities: $314,447
- Net Assets: $157,317
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$209,645
WORKERS COMP REBATE
Revenue
$6
LAUNDRY & VENDING
Revenue
$910
Organization Details
Founding Year
1981
Principal Officer
Emily Varner
Main Address
632 CHAMPION AVENUE EAST, WARREN, OH, 444831500
NTEE Category
Code: L22Z - Housing
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