Overview
What is Kenwood Oakland Community Organizat?
Kenwood Oakland Community Organization (KOCO) is a nonprofit organization that empowers its community members by encouraging collective input. Their primary focus is on human services, specifically addressing the need for affordable housing. KOCO works tirelessly to improve the living conditions of residents in subsidized housing developments, preserving existing units and creating new ones. Moreover, KOCO is an active member of Journey for Justice, a national alliance striving to enhance educational opportunities for young people. By providing comprehensive services and fostering collective empowerment, KOCO aims to enable its constituents to take control of their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Kenwood Oakland Community Organization has received a solid Three-Star rating from Charity Navigator, indicating a strong level of accountability and financial management. With an overall score of 89%, the organization excels particularly in the Culture & Community category, achieving a score of 95%. This suggests a strong commitment to community engagement and the inclusion of diverse perspectives in its operations.
The organization's financial metrics are impressive, with an Accountability & Finance score of 83%. Key financial indicators, such as a program expense ratio of over 76% and a minimal fundraising efficiency cost of $0.03, highlight effective use of funds towards its mission. Moreover, the absence of material diversion of assets and a well-publicized conflict of interest policy further strengthen its financial transparency and governance.
However, while the organization shows robust financial practices, its audit score of 10 out of 20 points indicates there may be areas for improvement in financial reporting. Enhancing this aspect could further boost the overall accountability score. Overall, Kenwood Oakland Community Organization demonstrates a commendable commitment to its community and effective resource management, with opportunities for strengthening its financial reporting practices.
This AI summary has been generated from information found on Charity Navigator.
Is Kenwood Oakland Community Organizat legitimate?
Kenwood Oakland Community Organizat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kenwood Oakland Community Organizat 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: $1,133,527
For more financial information, click here
What is the mission statement of Kenwood Oakland Community Organizat?
The Kenwood Oakland Community Organization (KOCO) is committed to delivering comprehensive human services that empower constituents to take charge of their lives. This is achieved through collective input, allowing individuals to have a significant role in shaping the services provided. KOCO's activities primarily focus on affordable housing, aiming to enhance the living conditions of residents in subsidized housing developments. Additionally, KOCO works towards preserving and creating more affordable housing units. As part of Journey for Justice, a national alliance, KOCO is also dedicated to improving public education opportunities for youth.
Who is the CEO of Kenwood Oakland Community Organizat?
Shannon Bennett is the Executive Director of Kenwood Oakland Community Organizat.
What is the revenue of Kenwood Oakland Community Organizat?
Kenwood Oakland Community Organizat's revenue in 2022 was $3,046,693.
Who are the executives of Kenwood Oakland Community Organizat and what are their salaries?
The average compensation at Kenwood Oakland Community Organizat during 2022 was $94,461. There are 12 employees at Kenwood Oakland Community Organizat.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Kenwood Oakland Community Organizat?
Kenwood Oakland Community Organizat's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kenwood Oakland Community Organizat
Kenwood Oakland Community Organization (KOCO) is dedicated to offering comprehensive human services that empower the community to take charge of their lives. This is achieved through collective input, ensuring that the constituents have a significant role in the decision-making process. The mission of KOCO is centered around improving the quality of life for residents living in subsidized housing developments. Additionally, the organization is committed to preserving and creating affordable housing units, thereby providing a stable living environment for its constituents. Beyond housing, KOCO is also involved in Journey for Justice, a national alliance working towards enhancing educational opportunities for youth. Through these initiatives, KOCO aims to create a supportive environment where individuals can assert their control over their lives and contribute positively to their communities.
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Impact
October, 2024
Kenwood Oakland Community Organization (KOCO) significantly impacts the Chicago community by empowering residents through comprehensive human services aimed at fostering collective input and control over their lives. Their programs are dedicated to enhancing affordable housing options and improving the quality of life for individuals living in subsidized housing. By focusing on the preservation and creation of affordable housing units, KOCO plays a critical role in addressing housing insecurity and ensuring that residents have safe and stable living conditions.
Additionally, KOCO is an active participant in the Journey for Justice alliance, which works to expand public education opportunities for youth. This involvement underscores their commitment to holistic community development, as they strive not only to improve housing conditions but also to enhance educational opportunities, thereby fostering a more equitable environment for future generations. Overall, KOCO’s multifaceted approach to community improvement lays the foundation for residents to lead empowered lives.
This information is meant to be a general summary of Kenwood Oakland Community Organizat. 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: $56
- Program Service Revenue: $687,957
- Gross Receipts: $3,046,693
Assets and Liabilities:
- Total Assets: $2,074,323
- Total Liabilities: $330,079
- Net Assets: $1,744,244
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue
Revenue
$687,957
Organization Details
Founding Year
1965
Principal Officer
Shannon Bennett
Main Address
4242 S Cottage Grove, Chicago, IL, 60653
NTEE Category
Code: S200 - Community improvement
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