Overview
What is Colonial View Ltd?
Colonial View Ltd is a nonprofit organization situated in Sun Prairie, Wisconsin, with a specific focus on supporting low- and moderate-income elderly and mobility-impaired individuals. Their mission revolves around providing them with suitable housing facilities and services tailored to meet their physical, social, and psychological needs. The organization aims to promote their health, security, happiness, and overall well-being, enabling them to lead longer, fulfilling lives. Colonial View Ltd currently employs six individuals in their mission to provide housing for this vulnerable population.
Official website here: www.colonialviewapartments.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star Rating.
Colonial View Ltd has been awarded a Three-Star rating from Charity Navigator, indicating that it demonstrates a solid level of accountability and financial health. The overall score reflects the charity's commitment to maintaining transparency and proper governance, as shown by its perfect score for having an entirely independent board and comprehensive oversight practices.
The organization excels in various areas of accountability, including having no material diversions of assets and a robust conflict of interest policy. Additionally, Colonial View Ltd's financial statements are well-audited, contributing to the organization's credibility. The program expense ratio, however, at 62.56%, suggests that there may be room for improvement in the allocation of funds towards programmatic activities versus administrative costs.
While the rating shows a strong financial foundation, ongoing attention to enhancing program efficiency could bolster the organization's impact. Overall, Colonial View Ltd is positioned as a trustworthy nonprofit, but stakeholders might consider the program expense ratio when evaluating its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Colonial View Ltd legitimate?
Colonial View Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colonial View Ltd 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: $97,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,185
For more financial information, click here
Official website here: www.colonialviewapartments.com
What is the mission statement of Colonial View Ltd?
Colonial View Ltd's mission is centered around providing specialized housing and services for elderly individuals and those with disabilities. Their goal is to address the physical, social, and psychological needs of these individuals, aiming to enhance their health, security, happiness, and overall usefulness in their longer lives. Specifically, the organization focuses on providing housing for low- and moderate-income elderly and mobility-impaired individuals. Their housing facilities are designed to cater to the unique needs of these individuals, promoting their well-being and quality of life.
Official website here: www.colonialviewapartments.com
Who is the CEO of Colonial View Ltd?
Kara Premus is the President of Colonial View Ltd.
Official website here: www.colonialviewapartments.com
What is the revenue of Colonial View Ltd?
Colonial View Ltd's revenue in 2022 was $970,114.
Official website here: www.colonialviewapartments.com
Who are the executives of Colonial View Ltd and what are their salaries?
The average compensation at Colonial View Ltd during 2022 was $48,355. There are 6 employees and 10 volunteers at Colonial View Ltd.
Here are 6 key members and their salaries:
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- Compensation: $79,560
- Related: $0
- Other: $17,624
Official website here: www.colonialviewapartments.com
Where can I find the form 990 for Colonial View Ltd?
Colonial View Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.colonialviewapartments.com
Learn more at the official website: www.colonialviewapartments.com
Mission Statement of Colonial View Ltd
Colonial View Ltd, a nonprofit organization, is committed to providing housing facilities and services tailored to meet the physical, social, and psychological needs of elderly and handicapped individuals. Its mission is to ensure the health, security, happiness, and usefulness of these individuals in their longer lives. Specifically, Colonial View Ltd focuses on offering housing solutions for low- and moderate-income elderly and mobility-impaired persons. With this purpose, the organization provides 94 dwelling units in Sun Prairie, Wisconsin.
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Impact
July, 2024
Colonial View Ltd's impact lies in providing housing facilities and services tailored to meet the physical, social, and psychological needs of elderly and handicapped individuals. By offering 94 dwelling units to low- and moderate-income elderly and mobility-impaired persons in Sun Prairie, Wisconsin, Colonial View Ltd promotes the health, security, happiness, and usefulness of these individuals in longer living. Through its mission to provide housing for low- and moderate-income elderly and mobility-impaired persons, Colonial View Ltd plays a crucial role in addressing the housing needs of a vulnerable population and enhancing their overall well-being.
This information is meant to be a general summary of Colonial View Ltd. 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: $20,631
- Program Service Revenue: $379,999
- Gross Receipts: $985,443
Assets and Liabilities:
- Total Assets: $2,737,922
- Total Liabilities: $1,654,600
- Net Assets: $1,083,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$367,907
LAUNDRY AND VENDING REVENUE
Revenue
$11,109
RENT INCOME - TV
Revenue
$983
Organization Details
Founding Year
1977
Phone
(608) 837-3174Principal Officer
Kara Premus
Main Address
601 THOMAS DR, SUN PRAIRIE, WI, 535902349
NTEE Category
Code: L22Z - Housing
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