Overview
What is Ste Anne's Non-Profit Housing Corp?
Ste Anne's Non-Profit Housing Corp, established in Michigan in 1998, is a nonprofit organization with a mission to provide housing facilities for low-income senior citizens. Organized by Cooperative Services, Inc., a Michigan nonprofit cooperative, the corporation initially aimed to acquire property in Detroit and construct an apartment project with 65 units. The United States Department of Housing and Urban Development (HUD) collaborated in this project to offer housing opportunities for this specific demographic. Currently, Ste Anne's Non-Profit Housing Corp continues to provide safe and affordable living spaces for senior citizens who are economically disadvantaged.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Ste Anne's Non-Profit Housing Corp has achieved an impressive Four-Star rating from Charity Navigator, with a score of 96%. This high rating reflects the organization's strong commitment to accountability and financial health, as indicated by its perfect score in several key areas such as independent board governance and financial oversight. The organization has successfully maintained a low liabilities to assets ratio of 5.18%, showcasing its fiscal responsibility.
The organization stands out for its fully independent board, demonstrating a robust governance structure with eight out of eight points awarded for board independence. Additionally, Ste Anne's Non-Profit excels in transparency, with strong policies in place for conflict of interest, whistleblower protections, and document retention. These measures not only ensure compliance but also promote trust and integrity within the organization.
While the rating emphasizes financial accountability, it is also noteworthy that the program expense ratio is a commendable 80.59%. This suggests that a substantial portion of its funding is allocated directly to its programs, which is crucial for effective nonprofit operations. Overall, Ste Anne's Non-Profit Housing Corp is recognized for its excellent management and commitment to serving its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Ste Anne's Non-Profit Housing Corp legitimate?
Ste Anne's Non-Profit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ste Anne's 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 Ste Anne's Non-Profit Housing Corp?
Ste Anne's Non-Profit Housing Corp is committed to providing housing facilities for low-income senior citizens. This mission is carried out by acquiring property and constructing apartment projects, with a focus on accommodating elderly individuals with limited financial resources. The organization collaborates with the U.S. Department of Housing and Urban Development to ensure the availability of affordable housing for this specific demographic. By offering suitable living spaces, Ste Anne's Non-Profit Housing Corp aims to enhance the quality of life for senior citizens who may otherwise face housing challenges.
Official website here: www.csi.coop
Who is the CEO of Ste Anne's Non-Profit Housing Corp?
Cindy Lamb is the President of Ste Anne's Non-Profit Housing Corp.
Official website here: www.csi.coop
What is the revenue of Ste Anne's Non-Profit Housing Corp?
Ste Anne's Non-Profit Housing Corp's revenue in 2022 was $655,552.
Official website here: www.csi.coop
Who are the executives of Ste Anne's Non-Profit Housing Corp and what are their salaries?
There 10 volunteers at Ste Anne's Non-Profit Housing Corp.
Here are 19 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: $182,532
- Other: $32,442
- Compensation: $0
- Related: $295,265
- Other: $63,472
- 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: $153,401
- Other: $34,172
- Compensation: $0
- Related: $162,992
- Other: $25,359
- Compensation: $0
- Related: $175,150
- Other: $45,954
- Compensation: $0
- 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 Ste Anne's Non-Profit Housing Corp?
Ste Anne's 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 Ste Anne's Non-Profit Housing Corp
Ste Anne's Non-Profit Housing Corp, established in 1998, is a Michigan-based non-profit organization with a mission to provide housing facilities for low-income senior citizens. This mission is carried out by cooperating with the US Department of Housing and Urban Development. The corporation aims to acquire an interest in real property and construct an apartment project, offering a home to elderly individuals who fall under the category of low income. By offering affordable housing, Ste Anne's Non-Profit Housing Corp contributes to the well-being and comfort of senior citizens, providing them with a secure living environment. The corporation's mission is essential in addressing the housing needs of a vulnerable population, enabling them to maintain their independence and dignity as they grow older.
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
July, 2024
Ste Anne's Non-Profit Housing Corp makes a significant impact by providing housing facilities for low-income senior citizens in Warren, Michigan. The organization, established in January 1998, operates an apartment project with 65 units, offering affordable housing options for seniors in need. Through cooperation with the US Department of Housing and Urban Development, Ste Anne's contributes to improving the quality of life for low-income seniors by ensuring they have a safe and comfortable place to call home. Their mission to provide housing facilities for this vulnerable population aligns with their dedication to serving the community and addressing the housing needs of seniors in need.
This information is meant to be a general summary of Ste Anne's 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: $3,770
- Program Service Revenue: $169,815
- Gross Receipts: $655,552
Assets and Liabilities:
- Total Assets: $3,682,161
- Total Liabilities: $183,609
- Net Assets: $3,498,552
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.
RENTAL INCOME
Revenue
$169,815
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: L80 - Housing
If you are a representative of Ste Anne's Non-Profit Housing Corp 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.