Prospect North Cooperative Inc

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

EIN: 381857006 ✦ Romeo, MI ✦ Designated as a 501(c)(4)

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Overview

What is Prospect North Cooperative Inc?

Prospect North Cooperative Inc is a nonprofit organization, whose specific details such as location and employee count are not provided in the given information. The organization's purpose or mission is also undisclosed. However, it is known to engage in cooperative activities, as indicated by its name. While the nature of these activities remains unclear, cooperatives generally aim to promote mutual benefit and shared resources among their members.

Is Prospect North Cooperative Inc legitimate?

Prospect North Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Prospect North Cooperative Inc submitted a form 990EZ, 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.

What is the mission statement of Prospect North Cooperative Inc?

Prospect North Cooperative Inc, in its mission, strives to serve its community by providing essential resources and support. The organization aims to foster a sense of cooperation and unity among its members, promoting mutual aid and collective growth. It actively works towards improving the quality of life for its members, focusing on various aspects such as community development, education, and social welfare. Prospect North Cooperative Inc also encourages active participation of its members in decision-making processes, ensuring that the cooperative remains responsive to the needs of its community. However, the specific activities and programs under this mission are not provided in the given data.

Who is the CEO of Prospect North Cooperative Inc?

Jim Schuchard is the President of Prospect North Cooperative Inc.

What is the revenue of Prospect North Cooperative Inc?

Prospect North Cooperative Inc's revenue in 2022 was $74,522.

Who are the executives of Prospect North Cooperative Inc and what are their salaries?


Here are 5 key members and their salaries:


Jim Schuchard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Vagi (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Kotkowski (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Whitaker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Foltz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Prospect North Cooperative Inc?

Prospect North Cooperative Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Prospect North Cooperative Inc

Prospect North Cooperative Inc, as per the provided information, does not seem to have a clearly stated mission or activity description. Therefore, it is impossible to summarize or paraphrase its mission in this instance. However, if further data becomes available, Prospect North Cooperative Inc's mission and activities will be analyzed and summarized accordingly.

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Impact




October, 2024

Prospect North Cooperative Inc plays a significant role in providing affordable housing solutions in Romeo, MI. By focusing on cooperative living, it fosters a sense of community among residents, empowering them to actively participate in decisions that affect their living environment. This not only enhances social cohesion but also promotes stability and inclusivity within the community. The cooperative model allows for shared responsibility and resources, making housing more accessible and sustainable for its members. Through its efforts, Prospect North Cooperative Inc contributes to improving the overall quality of life and well-being of its residents.




This information is meant to be a general summary of Prospect North Cooperative 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.

Revenue
$74,522 (2022)
Expenses
$59,727 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Gross Receipts: $74,522

Assets and Liabilities:

  • Total Assets: $49,653
  • Total Liabilities: $0
  • Net Assets: $49,653

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Organization Details

Principal Officer

Jim Schuchard

Main Address

417 419 N PROSPECT ST, ROMEO, MI, 48065

NTEE Category

Code: L21 - Housing

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