Overview
What is Konnecting Services In The Community Nfp?
Konnecting Services In The Community Nfp is a nonprofit organization based in Chicago, Illinois. Their primary mission is to support low to middle-income families in their pursuit of home ownership, particularly in disadvantaged and underserved communities. Through their activities and mission, they aim to assist these families in becoming homeowners. The organization provides the necessary assistance to make this goal achievable.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The organization demonstrates a solid performance in several areas, particularly in governance and financial management. It boasts a fully independent board and has effectively managed its assets, evidenced by a low liabilities-to-assets ratio of 16.78% and a high program expense ratio of 90.30%. However, the organization falls short in areas related to accountability policies, notably the absence of a conflict of interest policy, a whistleblower policy, and documentation practices.
While the financial health indicators are positive, the limited accountability measures could raise concerns for potential donors and stakeholders. The lack of transparency regarding board meeting minutes and failure to post the tax form on the nonprofit's website may detract from the organization's credibility. These gaps suggest that while the organization is financially stable, it may need to improve its governance policies and transparency efforts.
User feedback presents a mixed picture, with at least one negative review outlining a poor experience with the organization's staff, specifically criticizing unprofessionalism. This kind of feedback could affect the organization's reputation among those they serve. Overall, while the organization has strengths in financial management, it faces challenges in accountability and public perception that it should address to enhance trust and effectiveness.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Konnecting Services In The Community Nfp legitimate?
Konnecting Services In The Community Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Konnecting Services In The Community Nfp 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.none
What is the mission statement of Konnecting Services In The Community Nfp?
Konnecting Services In The Community Nfp's mission revolves around assisting middle and low-income families in achieving homeownership. They focus their efforts on disadvantaged and underserved communities, working diligently to help these families secure homes. Their mission is to make homeownership a reality for those who may not otherwise have the opportunity, thereby contributing to the well-being and stability of these communities.
Official website here: www.none
Who is the CEO of Konnecting Services In The Community Nfp?
Kevin Vinson is the President of Konnecting Services In The Community Nfp.
Official website here: www.none
What is the revenue of Konnecting Services In The Community Nfp?
Konnecting Services In The Community Nfp's revenue in 2022 was $27,678.
Official website here: www.none
Who are the executives of Konnecting Services In The Community Nfp and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Konnecting Services In The Community Nfp
Konnecting Services In The Community Nfp is a nonprofit organization with a mission to aid middle and low-income families in their pursuit of homeownership. This mission is particularly focused on disadvantaged and underserved communities. The organization's purpose is to provide the necessary assistance to these families, enabling them to become homeowners and improve their living conditions. By doing so, Konnecting Services In The Community Nfp contributes to the betterment of communities and families, providing them with a stable and secure living environment. The organization's work is essential in addressing housing inequality and promoting homeownership as a pathway to financial stability and self-sufficiency for many families.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Konnecting Services In The Community Nfp has had a significant impact on assisting low to middle income families in disadvantaged and underserved communities in Chicago, IL to become homeowners. Their mission to help families achieve home ownership has provided stability and security for numerous individuals and families who may not have otherwise had the opportunity to own a home. Through their work, they have helped strengthen communities and empower individuals to build wealth and create a better future for themselves and their families.
This information is meant to be a general summary of Konnecting Services In The Community Nfp. 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.
- Gross Receipts: $27,678
Assets and Liabilities:
- Total Assets: $276,137
- Total Liabilities: $46,355
- Net Assets: $229,782
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Principal Officer
Kevin Vinson
Main Address
PO BOX 528516, Chicago, IL, 60652
Website
www.noneNTEE Category
Code: L82 - Housing
If you are a representative of Konnecting Services In The Community Nfp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.