Overview
What is Kiwanis Spring Brook Non-Profit Housing Association?
Kiwanis Spring Brook Non-Profit Housing Association is a charitable organization situated in Eaton Rapids, Michigan. Their primary mission is to provide suitable housing for elderly and handicapped individuals. The association manages an apartment complex consisting of 30 units, specifically designed to cater to the needs of these individuals. By offering housing solutions, they aim to enhance the quality of life for senior citizens in Eaton Rapids.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
Kiwanis Spring Brook Non-Profit Housing Association has received a "Needs Improvement" rating from Charity Navigator, indicating that while there are strengths, significant areas require attention. The organization boasts a perfect score for Accountability & Finance, demonstrating strong fiscal responsibility and governance through an entirely independent board. With a program expense ratio of 97.90%, the nonprofit appears committed to allocating a large majority of its funding directly to its programs.
However, the organization faces critical shortcomings, particularly in transparency and policy documentation. It has not provided financial statements, which severely impacts its overall score. Additionally, the absence of key policies such as conflict of interest and whistleblower protections raises concerns about governance practices. The requirement for posting tax forms and the nonprofit's website is also unmet, indicating a potential lack of communication with stakeholders.
While Kiwanis Spring Brook Non-Profit Housing Association excels in certain financial metrics, the overall rating highlights the need for improved transparency and adherence to best practices in nonprofit governance. Addressing these limitations could enhance its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Kiwanis Spring Brook Non-Profit Housing Association legitimate?
Kiwanis Spring Brook Non-Profit Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kiwanis Spring Brook Non-Profit Housing Association 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: $0
For more financial information, click here
What is the mission statement of Kiwanis Spring Brook Non-Profit Housing Association?
The Kiwanis Spring Brook Non-Profit Housing Association's primary mission is centered around providing housing. Specifically, they focus on serving senior citizens, catering to the elderly and handicapped individuals residing in Eaton Rapids, Michigan. Their mission is carried out by managing an apartment complex, which houses up to 30 units, designed to accommodate these individuals. The association's goal is to ensure these individuals have a safe and suitable living environment.
Who is the CEO of Kiwanis Spring Brook Non-Profit Housing Association?
Gary Wichman is the President/Tr of Kiwanis Spring Brook Non-Profit Housing Association.
What is the revenue of Kiwanis Spring Brook Non-Profit Housing Association?
Kiwanis Spring Brook Non-Profit Housing Association's revenue in 2021 was $798,905.
Who are the executives of Kiwanis Spring Brook Non-Profit Housing Association and what are their salaries?
There 9 volunteers at Kiwanis Spring Brook Non-Profit Housing Association.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Kiwanis Spring Brook Non-Profit Housing Association?
Kiwanis Spring Brook Non-Profit Housing Association's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Kiwanis Spring Brook Non-Profit Housing Association
Kiwanis Spring Brook Non-Profit Housing Association is dedicated to providing housing solutions for senior citizens and individuals with disabilities. With a focus on Eaton Rapids, Michigan, this organization operates an apartment complex equipped with 30 units, designed to cater to the needs of the elderly and handicapped residents. The association's primary mission is to ensure that these individuals have a safe and comfortable living environment, where they can maintain their independence and quality of life. The housing complex provides a supportive community where residents can thrive and engage with one another, fostering a sense of belonging and well-being.
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Impact
July, 2024
Kiwanis Spring Brook Non-Profit Housing Association provides vital housing services to senior citizens in Eaton Rapids, Michigan. Their apartment complex offers 30 units specifically designed to meet the needs of elderly and/or handicapped individuals in the community. By providing safe and affordable housing options, Kiwanis Spring Brook plays a crucial role in supporting the well-being and quality of life of senior residents in Eaton Rapids. The organization's impact is evident in the improved living conditions and security it offers to vulnerable members of the community, ensuring they have a comfortable and supportive place to call home.
This information is meant to be a general summary of Kiwanis Spring Brook Non-Profit Housing Association. 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: $641,776
- Program Service Revenue: $69,654
- Gross Receipts: $1,588,887
Assets and Liabilities:
- Total Assets: $390,537
- Total Liabilities: $0
- Net Assets: $390,537
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$69,654
Organization Details
Founding Year
1986
Phone
(269) 323-7774Principal Officer
Gary Wichman
Main Address
103 S CENTER STREET, EATON RAPIDS, MI, 48827
NTEE Category
Code: L22 - Housing
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