Overview
What is Capital Area Housing Partnership?
Capital Area Housing Partnership is a Michigan-based nonprofit organization, specifically located at 600 W Maple St D, Lansing, MI 48906. The mission of this organization is to provide safe, decent, and affordable housing for underserved low-income and moderate-to-low-income individuals in the Greater Lansing area. They develop neighborhoods with a focus on affordable housing, homeownership, and financial security, aiming to combat community deterioration and reduce neighborhood tensions. The organization, with a workforce of 33 employees, conducts various programs and activities to address the housing needs of those in need, ensuring a stable living environment.
Official website here: www.capitalareahousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating) from Charity Navigator.
The Capital Area Housing Partnership has received a strong Four-Star rating, reflecting its high level of accountability and financial health. With an impressive Accountability & Finance Score of 96 and a Culture & Community Score of 97, the organization demonstrates a commitment to transparency and strong governance practices. Notably, it boasts a fully independent board, which is crucial for unbiased decision-making.
The nonprofit excels in financial management, evidenced by a program expense ratio of 98.56%, indicating that almost all of its expenses are directed towards its programs. Additionally, the organization shows no diversion of assets, reinforcing its reliability and integrity in managing donor funds. The presence of key policies, such as a conflict of interest and whistleblower policy, underscores its commitment to ethical practices.
Despite its strengths, the data does not detail any specific limitations or challenges faced by the organization. Overall, the Capital Area Housing Partnership stands out as a well-managed charity, dedicated to its mission and effectively utilizing resources to support its community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Area Housing Partnership legitimate?
Capital Area Housing Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Area Housing Partnership 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: $105,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,513,080
For more financial information, click here
Official website here: www.capitalareahousing.org
What is the mission statement of Capital Area Housing Partnership?
Capital Area Housing Partnership works to address the housing needs of underserved low-income and moderate to low-income individuals in Michigan. Their mission is to provide safe, decent, and affordable housing, combat community deterioration, and lessen neighborhood tensions. Through various programs and activities, they strive to create neighborhoods with a focus on affordable housing, homeownership, and financial security. Their goal is to make a positive impact on the community by ensuring access to safe and affordable housing for those in need.
Official website here: www.capitalareahousing.org
Who is the CEO of Capital Area Housing Partnership?
Rawley Van Fossen is the Director of Capital Area Housing Partnership.
Official website here: www.capitalareahousing.org
What is the revenue of Capital Area Housing Partnership?
Capital Area Housing Partnership's revenue in 2022 was $36,115,951.
Official website here: www.capitalareahousing.org
Who are the executives of Capital Area Housing Partnership and what are their salaries?
The average compensation at Capital Area Housing Partnership during 2022 was $49,053. There are 33 employees and 130 volunteers at Capital Area Housing Partnership.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $104,952
- Related: $0
- Other: $3,662
Official website here: www.capitalareahousing.org
Where can I find the form 990 for Capital Area Housing Partnership?
Capital Area Housing Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitalareahousing.org
Learn more at the official website: www.capitalareahousing.org
Mission Statement of Capital Area Housing Partnership
Capital Area Housing Partnership, a dedicated organization, focuses on developing neighborhoods in Michigan with an emphasis on affordable housing, homeownership, and financial security. In line with its mission, the partnership works tirelessly to attend to the housing needs of underserved low-income and moderately low-income individuals. Through its programs and activities, it aims to combat community deterioration and reduce neighborhood tensions by providing safe, decent, and affordable housing.
By offering assistance to low-income and moderately low-income households in Mid-Michigan, Capital Area Housing Partnership strives to make a significant impact on people's lives. The organization's unwavering commitment extends beyond just providing housing; it also aims to improve the living conditions and overall well-being of those it serves. With its vision firmly rooted in ensuring safe and decent housing for all, Capital Area Housing Partnership plays a crucial role in uplifting communities and promoting stability and security for its residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Capital Area Housing Partnership focuses on developing neighborhoods with a strong emphasis on affordable housing, homeownership, and financial security. Its impact can be seen in the assistance it provides to low-income and moderate-to-low-income households in Mid-Michigan. By addressing the critical housing needs of underserved individuals, the organization helps ensure that families have access to safe, decent, and affordable housing.
In the greater Lansing area, this initiative combats community deterioration and lessens neighborhood tensions, fostering a more stable environment for residents. The commitment to creating opportunities for homeownership not only supports families financially but also contributes to the overall health and vitality of the community. Through its various programs and activities, Capital Area Housing Partnership plays a vital role in enhancing the quality of life for many households, thereby strengthening the fabric of the neighborhoods it serves.
This information is meant to be a general summary of Capital Area Housing Partnership. 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: $92,404
- Program Service Revenue: $591,025
- Gross Receipts: $36,243,215
Assets and Liabilities:
- Total Assets: $4,892,725
- Total Liabilities: $1,594,112
- Net Assets: $3,298,613
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$315,530
ADMIN FEES
Revenue
$275,495
Organization Details
Founding Year
1993
Phone
(517) 332-4663Principal Officer
Rawley Van Fossen
Main Address
600 W MAPLE ST D, LANSING, MI, 48906
Website
www.capitalareahousing.orgNTEE Category
Code: L21 - Housing
If you are a representative of Capital Area Housing Partnership and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.