Overview
What is Coulee Homes Ltd?
Coulee Homes Ltd is a nonprofit organization situated in Rice Lake, Wisconsin. Dedicated to serving the chronically mentally ill population, the organization operates a 24-unit housing facility, tailored to meet their unique needs. The primary mission of Coulee Homes Ltd is to offer suitable housing solutions for this vulnerable group, thereby enhancing their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 74%)
Coulee Homes Ltd has received a "Needs Improvement" rating from Charity Navigator, indicating there are areas for growth within its operations and governance. The charity scored a total of 74%, showing a reasonable performance but highlighting some critical weaknesses, particularly in board independence and transparency, as evidenced by the lack of independent board members and missing website information on tax forms.
Strengths of Coulee Homes Ltd include a strong program expense ratio of 73.16%, which suggests that a significant portion of its budget is dedicated to its programs rather than administrative costs. Additionally, the organization has established solid policies regarding conflict of interest, whistleblower protections, and document retention, all of which contribute positively to its accountability measures.
However, the organization struggles with board independence, having only 33% of its board members identified as independent, which raises concerns about oversight and governance. The absence of its website on tax forms and missing tax documents on its website reflect a lack of transparency that could impact donor trust. Overall, while Coulee Homes Ltd shows promise in its program spending and policy framework, improvements in governance and transparency are essential for enhancing its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Coulee Homes Ltd legitimate?
Coulee Homes Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coulee Homes 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,999
For more financial information, click here
What is the mission statement of Coulee Homes Ltd?
Coulee Homes Ltd's mission is centered around providing housing facilities for individuals who are chronically mentally ill. The organization strives to create an environment that caters to the unique needs of this population, demonstrating a commitment to their well-being and housing needs. The 24-unit housing facility operated by Coulee Homes in Rice Lake, WI, is a testament to their mission, providing a safe and supportive living space for this community.
Who is the CEO of Coulee Homes Ltd?
Brett Gerber is the President/Ceo of Coulee Homes Ltd. The CEO's salary of Coulee Homes Ltd is $0 and their total compensation is $580,678.
What is the revenue of Coulee Homes Ltd?
Coulee Homes Ltd's revenue in 2022 was $175,052.
Who are the executives of Coulee Homes Ltd and what are their salaries?
Here are 3 key members and their salaries (Coulee Homes Ltd's CEO's salary is $0 and their total compensation is $580,678):
- Compensation: $0
- Related: $444,686
- Other: $135,992
- Compensation: $0
- Related: $112,592
- Other: $35,825
- Compensation: $0
- Related: $105,602
- Other: $27,978
Where can I find the form 990 for Coulee Homes Ltd?
Coulee Homes Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coulee Homes Ltd
Coulee Homes Ltd, a nonprofit organization, is dedicated to providing housing facilities for individuals who are chronically mentally ill. With a compassionate mission, Coulee Homes aims to cater to the unique needs of this population, offering them a safe and supportive environment. The organization operates a 24-unit housing facility, meticulously designed to cater to the specific requirements of its residents, thereby empowering them to live with dignity and independence.
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Impact
October, 2024
Coulee Homes Ltd plays a vital role in the community by providing stable housing for individuals who are chronically mentally ill. Operating a 24-unit housing facility in Rice Lake, WI, it addresses a critical need for secure and supportive living environments for this vulnerable population. By offering specialized housing, Coulee Homes facilitates improved mental health outcomes, promotes independence, and enhances the overall quality of life for its residents. The organization’s commitment to this mission not only supports individuals in their recovery journey but also contributes to the well-being of the wider community by fostering a more inclusive and understanding environment.
This information is meant to be a general summary of Coulee Homes 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: $148
- Program Service Revenue: $174,904
- Gross Receipts: $175,052
Assets and Liabilities:
- Total Assets: $587,498
- Total Liabilities: $112,795
- Net Assets: $474,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$173,876
MISCELLANEOUS REVENUE
Revenue
$1,028
Organization Details
Founding Year
1992
Phone
(715) 434-1710Principal Officer
Brett Gerber
Main Address
2961 DECKER DRIVE, RICE LAKE, WI, 54868
NTEE Category
Code: L22Z - Housing
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