Overview
What is Buffalo County Housing Inc?
Buffalo County Housing Inc is a nonprofit organization situated in Alma, Wisconsin. Its primary mission is to provide affordable housing for elderly and disabled individuals residing in rural areas of Buffalo County. The organization manages ten buildings with a total of 104 rental units in Nelson, Cochran, Mondovi, and Alma, offering a much-needed living solution for these individuals. With a team of seven dedicated employees, Buffalo County Housing Inc is committed to enhancing the quality of life for its residents, ensuring they have a safe and comfortable living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%
Buffalo County Housing Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, it has significant areas for improvement. The charity scores well in certain accountability metrics, such as having a fully independent board and maintaining proper financial statements. However, it has notably missed several key transparency requirements, such as publishing its conflict of interest and whistleblower policies, which can raise concerns regarding governance.
The financial health of the organization is reflected in a program expense ratio of 89.12%, suggesting that the majority of funds are directed towards programmatic efforts rather than administrative costs. However, the liabilities to assets ratio of 71.20% indicates potential financial risk, as liabilities significantly exceed assets. This could affect the charity's long-term sustainability and ability to effectively deliver on its mission.
Overall, while Buffalo County Housing Inc shows a commitment to accountability through its independent governance structure and programmatic focus, the lack of essential policies and a concerning financial ratio highlights the need for enhanced transparency and fiscal management. Addressing these limitations could help improve its rating and public trust moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Buffalo County Housing Inc legitimate?
Buffalo County Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo County Housing Inc 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: $51,985
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,088
For more financial information, click here
What is the mission statement of Buffalo County Housing Inc?
Buffalo County Housing Inc is committed to providing affordable housing for elderly and disabled individuals who reside in rural areas. Their mission is to ensure that these vulnerable groups have access to suitable living spaces. The organization manages and owns ten buildings with a total of 104 rental units across Nelson, Cochran, Mondovi, and Alma, Wisconsin. By offering affordable housing, Buffalo County Housing Inc aims to contribute positively to the well-being and quality of life of its residents.
Who is the CEO of Buffalo County Housing Inc?
Bryce Lisowski is the Vice President of Buffalo County Housing Inc.
What is the revenue of Buffalo County Housing Inc?
Buffalo County Housing Inc's revenue in 2022 was $558,600.
Who are the executives of Buffalo County Housing Inc and what are their salaries?
The average compensation at Buffalo County Housing Inc during 2022 was $16,725. There are 7 employees and 6 volunteers at Buffalo County Housing Inc.
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $51,984
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Buffalo County Housing Inc?
Buffalo County Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Buffalo County Housing Inc
Buffalo County Housing Inc, a nonprofit organization, is committed to providing affordable housing for elderly, low-income, and handicapped individuals in rural areas. Their mission is to ensure that these vulnerable groups have access to suitable living accommodations, fostering a sense of security and community. Specifically, Buffalo County Housing Inc specializes in offering low-income housing for elderly and disabled individuals in Buffalo County, Wisconsin. The organization manages a total of ten buildings, each equipped with 104 rental units, spread across Nelson, Cochrane, Mondovi, and Alma, Wisconsin. By providing these housing solutions, Buffalo County Housing Inc contributes to the well-being and stability of these individuals, enabling them to live with dignity and independence.
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Impact
July, 2024
Buffalo County Housing Inc has a significant impact on the community by providing elderly, low-income, and handicapped individuals in rural areas with affordable housing. The organization owns and manages ten buildings with 104 rental units in Nelson, Cochrane, Mondovi, and Alma, Wisconsin. Their mission is to provide low-income housing for elderly and handicapped individuals in rural areas of Buffalo County, Wisconsin. Through their dedication to affordable housing, Buffalo County Housing Inc plays a crucial role in ensuring that vulnerable populations have access to safe and stable housing options.
This information is meant to be a general summary of Buffalo County Housing Inc. 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: $150
- Program Service Revenue: $558,450
- Gross Receipts: $558,600
Assets and Liabilities:
- Total Assets: $762,404
- Total Liabilities: $502,892
- Net Assets: $259,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$550,757
LAUNDRY INCOME
Revenue
$6,322
SECURITY DEPOSITS
Revenue
$1,371
Organization Details
Founding Year
1973
Phone
(608) 418-9452Principal Officer
Bryce Lisowski
Main Address
500 N 2ND STREET, ALMA, WI, 546108359
NTEE Category
Code: L22 - Housing
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