Overview
What is Assisi Homes - Kenosha Inc?
Assisi Homes - Kenosha Inc, established on November 21, 1994, in accordance with Wisconsin's not-for-profit statutes, is a dedicated organization providing housing and related services for the elderly or disabled individuals with very low incomes. Located in Kenosha, Wisconsin, this nonprofit corporation operates a 60-unit community, receiving support from the U.S. Department of Housing and Urban Development through Section 202 of the National Housing Act. Assisi Homes - Kenosha Inc's mission is to enhance the living conditions and quality of life for its residents, offering them a secure and supportive environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Stars
Assisi Homes - Kenosha Inc has received a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The overall rating is predominantly based on a single beacon score focused on these areas, with a score of 79%. This indicates that the organization has demonstrated a commitment to financial transparency and responsible management.
The organization excels in several key financial practices, scoring full points in various categories such as audit oversight, conflict of interest policy, and document retention. Notably, it has a high program expense ratio of 96.68%, suggesting that a significant majority of its funds are directed toward its programs rather than administrative costs. This efficiency is a commendable aspect of its operations.
While the rating is generally positive, it does not indicate any major financial diversions or conflicts, which is a strong point for potential donors. However, the score does reflect a need for continued attention to practices that enhance transparency and accountability, ensuring that donor trust is maintained. Overall, Assisi Homes - Kenosha Inc appears to be a responsible organization making good use of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Assisi Homes - Kenosha Inc legitimate?
Assisi Homes - Kenosha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assisi Homes - Kenosha 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,758
For more financial information, click here
What is the mission statement of Assisi Homes - Kenosha Inc?
Assisi Homes - Kenosha Inc. is a not-for-profit organization established in 1994, with a mission to provide housing and related services for elderly or disabled individuals with very low income. Located in an undisclosed location, the corporation operates a 60-unit community, receiving support through Section 202 of the National Housing Act from the U.S. Department of Housing and Urban Development. The organization's main purpose is to offer a living space and necessary assistance to those in need, aiming to enhance their quality of life.
Who is the CEO of Assisi Homes - Kenosha Inc?
Melissa Clayton is the President/Director of Assisi Homes - Kenosha Inc.
What is the revenue of Assisi Homes - Kenosha Inc?
Assisi Homes - Kenosha Inc's revenue in 2022 was $515,016.
Who are the executives of Assisi Homes - Kenosha Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $134,820
- Other: $30,258
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $192,019
- Other: $31,505
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $162,243
- Other: $9,934
- Compensation: $0
- Related: $239,519
- Other: $10,391
Where can I find the form 990 for Assisi Homes - Kenosha Inc?
Assisi Homes - Kenosha Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Assisi Homes - Kenosha Inc
Assisi Homes-Kenosha Inc, established in 1994, is a not-for-profit corporation dedicated to serving very low-income elderly or disabled individuals. The organization's purpose is to operate a 60-unit community, providing housing and related services. This community, located in Kenosha, Wisconsin, is funded through housing assistance and capital advances from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act. Assisi Homes-Kenosha Inc's mission is to offer a nurturing environment for those in need, ensuring they have access to essential resources and care. By doing so, the organization aims to enhance the quality of life for its residents, enabling them to live with dignity and independence.
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Impact
July, 2024
Assisi Homes - Kenosha Inc's impact is vital in providing housing and related services for very low-income elderly or disabled persons in Kenosha, Wisconsin. Since its formation in 1994, this organization has been operating a 60-unit community that offers affordable housing options and essential support to individuals in need. By receiving housing assistance and capital advances from the U.S. Department of Housing and Urban Development, Assisi Homes - Kenosha Inc plays a crucial role in addressing the housing challenges faced by vulnerable populations, ensuring they have a safe and stable place to call home. This impact is significant in improving the quality of life and well-being of those who rely on the services provided by Assisi Homes - Kenosha Inc.
This information is meant to be a general summary of Assisi Homes - Kenosha 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: $120
- Program Service Revenue: $208,436
- Gross Receipts: $515,016
Assets and Liabilities:
- Total Assets: $2,391,212
- Total Liabilities: $110,180
- Net Assets: $2,281,032
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$203,019
ANCILLARY SERVICES
Revenue
$3,575
OTHER REVENUE
Revenue
$1,842
Organization Details
Founding Year
1994
Phone
(303) 830-3300Principal Officer
Melissa Clayton
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
NTEE Category
Code: L22 - Housing
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