Overview
What is Walker Non-Profit Housing Corp?
Walker Non-Profit Housing Corp is a Michigan-based nonprofit organization, established in cooperation with Cooperative Services, Inc., a Maryland nonprofit cooperative. Originating on June 19, 1998, its primary objective was to acquire real estate in Baltimore, Maryland, construct an apartment project, and provide housing for low-income senior citizens. The organization's mission aligns with this goal, focusing on providing suitable housing facilities for this demographic in collaboration with the US Department of Housing and Urban Development.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Walker Non-Profit Housing Corp has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization's score is derived solely from their Accountability & Finance metrics, which also emphasizes the importance of sound governance and responsible resource management.
The nonprofit demonstrates notable strengths, including a fully independent board of directors, which enhances its governance structure. With 10 independent members, Walker Non-Profit Housing Corp received full marks for board independence and size. The organization also shows a strong financial health with a program expense ratio of 79.31%, indicating that a significant portion of its budget is allocated to its charitable programs.
While the data points to a well-managed organization, there are no significant limitations or issues noted in the available information. The absence of material asset diversion and the presence of robust policies such as conflict of interest and whistleblower protections further reinforce the nonprofit's credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Walker Non-Profit Housing Corp legitimate?
Walker Non-Profit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walker Non-Profit Housing Corp 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
Official website here: www.csi.coop
What is the mission statement of Walker Non-Profit Housing Corp?
Walker Non-Profit Housing Corp's mission is centered around providing housing facilities for low-income senior citizens. Established as a non-profit organization, its primary goal is to offer suitable living spaces to this demographic in cooperation with the U.S. Department of Housing and Urban Development. The corporation was created with a mission to acquire property, construct, and manage an apartment project, housing 88 units specifically designed for this population. The organization's ultimate objective is to contribute positively to the well-being of its residents by offering them affordable and comfortable living spaces.
Official website here: www.csi.coop
Who is the CEO of Walker Non-Profit Housing Corp?
Cindy Lamb is the President of Walker Non-Profit Housing Corp.
Official website here: www.csi.coop
What is the revenue of Walker Non-Profit Housing Corp?
Walker Non-Profit Housing Corp's revenue in 2022 was $837,535.
Official website here: www.csi.coop
Who are the executives of Walker Non-Profit Housing Corp and what are their salaries?
There 11 volunteers at Walker Non-Profit Housing Corp.
Here are 19 key members and their salaries:
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- Related: $182,532
- Other: $32,442
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- Other: $63,472
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- Related: $153,401
- Other: $34,172
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- Related: $162,992
- Other: $25,359
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- Related: $175,150
- Other: $45,954
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- Related: $182,210
- Other: $47,091
- Compensation: $0
- Related: $177,736
- Other: $54,448
Official website here: www.csi.coop
Where can I find the form 990 for Walker Non-Profit Housing Corp?
Walker Non-Profit Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csi.coop
Learn more at the official website: www.csi.coop
Mission Statement of Walker Non-Profit Housing Corp
Walker Non-Profit Housing Corp, established in a cooperative manner, is dedicated to providing housing facilities for low-income senior citizens. The organization's mission is centered around acquiring property and constructing an apartment project, designed specifically for this demographic. This initiative is carried out in cooperation with the US Department of Housing and Urban Development, demonstrating a commitment to offering affordable housing solutions for elderly individuals who may be financially challenged. By providing these living accommodations, Walker Non-Profit Housing Corp contributes to the well-being and comfort of senior citizens in need, ensuring they can age with dignity and security.
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Impact
July, 2024
Walker Non-Profit Housing Corp's impact lies in providing essential housing facilities for low-income senior citizens. Through its mission to offer affordable housing options to this vulnerable demographic, the organization plays a crucial role in ensuring that seniors have a safe and comfortable place to call home. By offering 88 units in Baltimore, Maryland, Walker Non-Profit Housing Corp contributes to enhancing the quality of life for seniors in need, thereby making a tangible difference in the community.
This information is meant to be a general summary of Walker Non-Profit Housing Corp. 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: $1,853
- Program Service Revenue: $392,753
- Gross Receipts: $837,535
Assets and Liabilities:
- Total Assets: $3,956,914
- Total Liabilities: $67,484
- Net Assets: $3,889,430
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$392,753
Organization Details
Founding Year
1998
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE ROAD, WARREN, MI, 48093
Website
www.csi.coopNTEE Category
Code: L22 - Housing
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