Overview
What is Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation?
Interfaith Homes of Kalamazoo A Non-Profit Housing Corporation is a charitable organization situated in Portage, Michigan, dedicated to providing housing solutions for families with modest to moderate incomes. Their primary mission revolves around offering suitable living accommodations within their scope. This organization is committed to addressing the housing needs of this specific income group, working tirelessly to make a positive impact on their community.
Official website here: www.theliftfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
Interfaith Homes of Kalamazoo has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 83%. The organization excels in several key areas, including a high percentage of independent board members and the effectiveness of its oversight committees. With a program expense ratio of 81.11%, a significant portion of its funds is directed towards programs, indicating a commitment to its mission.
While the nonprofit has demonstrated excellent practices in feedback collection and usage, it faces some challenges in its equity strategies and processes, with a score of 77 out of 100. This suggests there may be room for improvement in how it addresses equity within its operations and programs. However, the overwhelming positive feedback from constituents and the thoroughness of their policies indicate a well-structured organization that is responsive to the needs of the community.
Overall, Interfaith Homes of Kalamazoo stands out for its strong financial health and commitment to transparency. The organization's approach to accountability and community engagement is commendable, although continued focus on equity strategies could enhance its impact further.
This AI summary has been generated from information found on Charity Navigator.
Is Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation legitimate?
Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation 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: $539,956
For more financial information, click here
Official website here: www.theliftfoundation.org
What is the mission statement of Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation?
Interfaith Homes Of Kalamazoo, as a non-profit housing corporation, is dedicated to providing housing solutions for families with moderate and low income levels. Their primary mission is centered around offering suitable living spaces for these families, ensuring they have a place to call home. The organization's activities are geared towards fulfilling this mission, providing housing that caters to their specific needs. While the information provided does not delve into the organization's long-term goals or additional services, it is clear that Interfaith Homes Of Kalamazoo is committed to making a positive impact in the lives of families in need of affordable housing.
Official website here: www.theliftfoundation.org
Who is the CEO of Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation?
Carole Mcnees is the President of Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation.
Official website here: www.theliftfoundation.org
What is the revenue of Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation?
Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation's revenue in 2023 was $2,622,841.
Official website here: www.theliftfoundation.org
Who are the executives of Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation and what are their salaries?
There 29 volunteers at Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation.
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Official website here: www.theliftfoundation.org
Where can I find the form 990 for Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation?
Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theliftfoundation.org
Learn more at the official website: www.theliftfoundation.org
Mission Statement of Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation
Interfaith Homes of Kalamazoo, a non-profit housing corporation, is committed to providing housing solutions for families with modest and low incomes. The organization's primary mission is centered around this purpose, aiming to offer suitable living accommodations to those who fall within these income brackets. By doing so, Interfaith Homes contributes to addressing the housing needs of a significant portion of the population, thereby promoting a more equitable living environment. The corporation's activities are rooted in this mission, with a focus on providing housing as its primary offering.
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Impact
July, 2024
Interfaith Homes Of Kalamazoo provides essential housing for low and moderate-income families in the city of Kalamazoo. By offering affordable housing options, the organization significantly impacts the lives of individuals and families who may struggle to find adequate housing options in the area. Their mission of providing housing for those in need plays a crucial role in addressing homelessness and housing insecurity within the community.
This information is meant to be a general summary of Interfaith Homes Of Kalamazoo A Non-Profit Housing Corporation. 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 2023.
- Investment Income: -$9,471
- Program Service Revenue: $550,339
- Gross Receipts: $2,632,547
Assets and Liabilities:
- Total Assets: $3,755,492
- Total Liabilities: $1,008,411
- Net Assets: $2,747,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$616,821
ENTITY REVENUE
Revenue
$33,213
TENANT CHARGES
Revenue
$13,425
COURT COSTS
Revenue
$10,713
CLEANING
Revenue
$2,023
Organization Details
Founding Year
1968
Phone
(269) 350-2040Principal Officer
Carole Mcnees
Main Address
1037 INTERFAITH BLVD, KALAMAZOO, MI, 490071712
Website
www.theliftfoundation.orgNTEE Category
Code: L20Z - Housing
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