Overview
What is Cooperative Services Inc?
Cooperative Services Inc, based in Warren, Michigan, is a nonprofit organization dedicated to improving housing conditions for low-income senior citizens. The company, wholly-owned by CSI Support and Development Services, primarily invests in housing properties in Michigan and Maryland. Their primary mission is to provide affordable living spaces for individuals categorized as very low and extremely low-income senior citizens. Additionally, they have an office building in their home city, Warren. Cooperative Services Inc obtains funding for these projects through various programs offered by federal, state, and local agencies.
Is Cooperative Services Inc legitimate?
Cooperative Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cooperative Services 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.
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What is the mission statement of Cooperative Services Inc?
Cooperative Services Inc, as a non-profit organization, is committed to investing in housing facilities primarily for low, very low, and extremely low-income senior citizens. The company's primary aim is to provide suitable dwelling places for this demographic segment, financing these projects through federal, state, and local agency programs. The organization's housing complexes can be found in Michigan and Maryland, and it has also expanded its investments to include an office building in Warren, Michigan. In essence, Cooperative Services Inc is dedicated to enhancing the living conditions of economically disadvantaged elderly individuals by providing them with affordable and suitable housing options.
Who is the CEO of Cooperative Services Inc?
Cindy Lamb is the President of Cooperative Services Inc.
What is the revenue of Cooperative Services Inc?
Cooperative Services Inc's revenue in 2022 was $351,142.
Who are the executives of Cooperative Services Inc and what are their salaries?
Here are 21 key members and their salaries:
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- Other: $32,442
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- Related: $177,736
- Other: $54,448
Where can I find the form 990 for Cooperative Services Inc?
Cooperative Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cooperative Services Inc
Cooperative Services Inc, a Michigan-based non-profit corporation, is dedicated to investing in housing facilities for low-income senior citizens. This organization, wholly-owned by CSI Support and Development Services, primarily focuses on procuring housing properties suitable for individuals with low, very low, and extremely low income, often classified as senior citizens. The company finances these investments through various programs offered by federal, state, and local agencies. The apartment complexes established by Cooperative Services Inc are situated in both Michigan and Maryland, providing affordable and safe living spaces for the elderly population in need. Additionally, the organization has expanded its ventures by investing in an office building in Warren, Michigan.
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Impact
October, 2024
Cooperative Services Inc significantly impacts the lives of low-income senior citizens by investing in housing facilities designed specifically for their needs. By focusing on low, very low, and extremely low-income individuals, the organization addresses a critical gap in affordable housing, ensuring that vulnerable seniors have access to safe and supportive living environments.
The organization primarily operates in Michigan and Maryland, where it finances apartment complexes through various federal, state, and local programs. This strategic investment not only provides essential housing but also fosters a sense of community and stability for its residents. By prioritizing the needs of older adults, Cooperative Services Inc plays a vital role in improving their quality of life and promoting dignity in living arrangements.
Moreover, the investment in an office building in Warren, Michigan, demonstrates a commitment to creating additional opportunities for support services, enhancing the overall infrastructure dedicated to senior citizens. Through its activities, Cooperative Services Inc is not just building homes; it is actively contributing to the well-being and security of a demographic that often faces economic hardships.
This information is meant to be a general summary of Cooperative Services 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 2022.
- Investment Income: $15,142
- Program Service Revenue: $336,000
- Gross Receipts: $351,142
Assets and Liabilities:
- Total Assets: $6,739,525
- Total Liabilities: $1,889,012
- Net Assets: $4,850,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$336,000
Organization Details
Founding Year
1945
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE ROAD, WARREN, MI, 48093
NTEE Category
Code: L20 - Housing
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