Kent Cooperative Housing

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

EIN: 341433849 ✦ Kent, OH ✦ Designated as a 501(c)(7)

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Overview

What is Kent Cooperative Housing?

Kent Cooperative Housing is a nonprofit organization situated in Kent, Ohio. Its primary focus is to offer affordable housing options to students and other individuals, charging rent that is half the area's average. The organization manages three cooperative houses, regularly making necessary repairs and improvements, such as fixing the garage and plumbing, as well as replacing doors. In addition to providing housing, Kent Cooperative Housing promotes cooperative democracy, advocates for urban gardening, and showcases energy efficiency and solar power as sustainable solutions. The nonprofit aims to educate the community about these practices, serving as a model for environmentally friendly living.


Official website here: www.facebook.com/kentcoophous/

Is Kent Cooperative Housing legitimate?

Kent Cooperative Housing is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kent Cooperative Housing 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: $7,439
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.facebook.com/kentcoophous/

What is the mission statement of Kent Cooperative Housing?

Kent Cooperative Housing, as an organization, is committed to providing affordable housing for students and other individuals. Beyond just providing housing, they also aim to promote cooperative democracy and educate the community about urban gardening. Moreover, Kent Cooperative Housing strives to demonstrate the effectiveness of energy efficiency and solar power, serving as a model in these areas. They maintain several cooperative houses, ensuring the cost of living remains low for their residents, and carry out necessary repairs and improvements.


Official website here: www.facebook.com/kentcoophous/

Who is the CEO of Kent Cooperative Housing?

Frederic Pierre is the Principal Officer of Kent Cooperative Housing.


Official website here: www.facebook.com/kentcoophous/

What is the revenue of Kent Cooperative Housing?

Kent Cooperative Housing's revenue in 2022 was $27,872.


Official website here: www.facebook.com/kentcoophous/

Who are the executives of Kent Cooperative Housing and what are their salaries?

The average compensation at Kent Cooperative Housing during 2022 was $3,720. There are 2 employees and 5 volunteers at Kent Cooperative Housing.


Here are 4 key members and their salaries:


Fred Pierre (Treasurer)
  • Compensation: $6,270
  • Related: $0
  • Other: $0
Julie Morris (Coordinator)
  • Compensation: $1,961
  • Related: $0
  • Other: $0
John Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Krizo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.facebook.com/kentcoophous/

Where can I find the form 990 for Kent Cooperative Housing?

Kent Cooperative Housing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.facebook.com/kentcoophous/

Learn more at the official website: www.facebook.com/kentcoophous/

Mission Statement of Kent Cooperative Housing

Kent Cooperative Housing, a nonprofit organization, is committed to several key objectives. Its primary mission is to offer affordable housing to students and other individuals, charging rents that are half the average rate in the area. Beyond providing a place to live, Kent Cooperative Housing also fosters cooperative democracy among its residents. This means that residents are actively involved in the decision-making processes of the community, promoting a sense of shared responsibility and participation.

In addition to its housing and democratic initiatives, Kent Cooperative Housing is also dedicated to educating the community about urban gardening. By demonstrating the benefits and techniques of urban gardening, the organization aims to promote sustainability and self-sufficiency. Furthermore, Kent Cooperative Housing showcases energy efficiency and solar power as a means of reducing environmental impact. The organization has taken steps to implement these principles in its own houses, such as repairing garages, plumbing, and doors to ensure energy efficiency and the installation of solar power. By embodying these principles, Kent Cooperative Housing serves as a model for sustainable living and community engagement.

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Impact




October, 2024

Kent Cooperative Housing significantly impacts the community by offering low-cost housing options for students and others, effectively providing accommodations at about half the average market rent in the area. This affordability alleviates financial burdens for residents and promotes access to essential housing resources. The organization operates three cooperative houses, actively maintaining and repairing these facilities to ensure comfortable living conditions; recent improvements include plumbing repairs and renovations to enhance security.

Beyond housing, Kent Cooperative Housing fosters a sense of community and shared responsibility through lessons in cooperative democracy, empowering residents to participate actively in governance and decision-making processes. The organization also emphasizes sustainability by educating the community on urban gardening and demonstrating energy efficiency and solar power practices. This approach not only enhances the living environment but also equips community members with valuable skills and knowledge to promote a more sustainable future. Overall, Kent Cooperative Housing creates inclusive, affordable, and environmentally conscious living spaces that contribute significantly to the wellbeing of the Kent community.




This information is meant to be a general summary of Kent Cooperative Housing. 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
$27,872 (2022)
Expenses
$39,916 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $27,872
  • Gross Receipts: $27,872

Assets and Liabilities:

  • Total Assets: $211,663
  • Total Liabilities: $4,856
  • Net Assets: $206,807

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Programs

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

Rental Income

Revenue

$27,872

Organization Details

Founding Year

1982

Principal Officer

Frederic Pierre

Main Address

PO Box 1182, Kent, OH, 44240

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