Overview
What is Canton Ii Inc?
Canton II Inc, situated in Lakeway, Texas, is a nonprofit organization primarily focused on providing affordable housing for various populations. Their offerings include 137 independent living units and 30 assisted living units within a senior living retirement community. The organization's mission is to offer quality, stable, and healthy housing options for families, senior citizens, and individuals with special needs. Furthermore, they provide adult-assisted care for ambulatory senior citizens who require assistance with daily living activities, such as bathing and dressing. This care is designed to cater to their specific needs while also offering affordable housing options.
What are the reviews and ratings of this charity?
Charity Navigator rating: 41% (Zero-Star out of Four Star rating)
Canton II Inc has received a low rating of 41% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The charity has failed to achieve points in critical areas such as independent board governance and the transparency of financial statements, which are essential for donor trust and organizational integrity. The absence of independent board members and low scores in financial disclosures raise serious questions about the effectiveness of its governance structure.
Despite these weaknesses, the organization does show some positive aspects, such as a perfect program expense ratio, suggesting that funds are likely being allocated towards its mission-related activities. Additionally, it has a conflict of interest policy in place, demonstrating some level of awareness and compliance with ethical standards. However, the charity's lack of critical financial oversight and transparency mechanisms may deter potential donors from supporting its initiatives.
Overall, while Canton II Inc may engage in beneficial programs, its governance issues and lack of transparency are concerning. Prospective donors should exercise caution and consider these factors when deciding to contribute or engage with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Canton Ii Inc legitimate?
Canton Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canton Ii Inc 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: $1,392,626
For more financial information, click here
What is the mission statement of Canton Ii Inc?
Canton II Inc is committed to developing, financing, and operating affordable housing for families, senior citizens, and individuals with special needs in the long-term. The organization provides adult-assisted care for ambulatory senior citizens who require assistance with activities of daily living, such as bathing and dressing. This care also includes personal support tailored to meet the residents' needs. Furthermore, Canton II Inc offers affordable housing options, with a retirement community featuring 137 independent living units and 30 assisted living units. The mission of Canton II Inc is to ensure the availability of stable, healthy, and program-enriched living spaces for its residents.
Who is the CEO of Canton Ii Inc?
Robbie L Wittner is the Chairman, Coo, Secretary of Canton Ii Inc.
What is the revenue of Canton Ii Inc?
Canton Ii Inc's revenue in 2021 was $5,369,316.
Who are the executives of Canton Ii Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $173,433
- Other: $184,752
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $117,915
- Other: $18,188
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $127,977
- Other: $168,428
Where can I find the form 990 for Canton Ii Inc?
Canton Ii Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Canton Ii Inc
Canton II Inc is committed to advancing efforts towards the development, financing, and long-term operation of high-quality, stable, and healthy housing options for families, senior citizens, and individuals with special needs. The organization's primary mission is to provide adult-assisted care for ambulatory senior citizens who require assistance with activities of daily living, such as bathing and dressing. This personal care support is tailored to meet the unique needs of each resident. In addition to these services, Canton II Inc also offers affordable housing solutions, with a total of 137 independent living units and 30 assisted living units available in a senior living retirement community, known as Housing 96-32.
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Impact
October, 2024
Canton II, Inc. significantly impacts the Lakeway, TX community by providing affordable housing options tailored for families, senior citizens, and individuals with special needs. By developing and operating 137 independent living units and 30 assisted living units, it ensures that residents have access to both secure living conditions and essential support services.
The organization focuses on offering adult assisted care specifically designed for ambulatory seniors who require assistance with daily activities like bathing and dressing. This personalized care enhances the quality of life for residents, allowing them to maintain their independence while receiving the support they need. The provision of affordable rents facilitates stability for low-income individuals and families, contributing to a more inclusive community.
Furthermore, Canton II, Inc.'s emphasis on program-enriched living environments fosters social interaction and engagement among residents, promoting mental well-being and a sense of belonging. Overall, the organization plays a crucial role in enhancing the lives of its residents while addressing the broader community's need for accessible and supportive housing solutions.
This information is meant to be a general summary of Canton Ii Inc. 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 2021.
- Investment Income: $1,581
- Program Service Revenue: $5,040,635
- Gross Receipts: $5,369,316
Assets and Liabilities:
- Total Assets: $20,743,774
- Total Liabilities: $26,023,567
- Net Assets: -$5,279,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$4,892,730
TENANT CHARGES
Revenue
$147,905
Organization Details
Founding Year
2006
Phone
(972) 980-4805Principal Officer
Robbie L Wittner
Main Address
317 MARTINIQUE PASS, LAKEWAY, TX, 78734
NTEE Category
Code: P81 - Human services
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