Overview
What is Cots Inc?
Cots Inc, located in Appleton, Wisconsin, is a dedicated nonprofit organization with a mission to combat homelessness in the Fox Valley region. They offer temporary transitional shelters to homeless individuals, including men, women, young adults, and single mother families, residing in Outagamie, Winnebago, and Calumet Counties. Their primary goal is to provide a safe, affordable living space, food, and essential household needs to these individuals. Moreover, Cots Inc offers training on basic living skills, aiming to enable them to transition to self-sufficiency and independent living. They collaborate with other shelter providers to increase referral sources and ensure a comprehensive continuum of care for their residents, ultimately facilitating their successful transition to permanent housing. Word Count: 118
Official website here: www.appletoncots.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Cots Inc has achieved a Four-Star rating from Charity Navigator with an impressive overall score of 92%, reflecting strong performance in the Accountability & Finance category. This high rating indicates that the organization is effective in managing its finances and is committed to transparency, which is crucial for building trust with donors and stakeholders.
One of the organizational strengths includes a very high percentage of independent board members, with 77% of its board being independent. This is complemented by a well-structured audit and oversight committee, which further enhances the organization's accountability. The program expense ratio of 80.37% signifies that a significant majority of their expenses go directly towards their programs, demonstrating a commitment to their mission.
However, there are a few limitations noted in the data. While Cots Inc scores well in most areas, it lacks a whistleblower policy, which could be an important aspect of governance to protect individuals who report unethical behavior. Despite this gap, the organization still maintains a solid financial health with low liabilities to assets ratio, positioning it as a responsible and trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Cots Inc legitimate?
Cots Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cots 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.
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Other Salaries and Wages: $328,349
For more financial information, click here
Official website here: www.appletoncots.org
What is the mission statement of Cots Inc?
Cots Inc's mission is centered around ending homelessness, specifically in the Fox Valley area. They accomplish this by offering temporary transitional shelters to homeless individuals, including men, women, young adults, and single mother families. The organization strives to provide these individuals with a safe and affordable living space, food, and essential household needs. Additionally, Cots Inc offers training on basic living skills, aiming to help them transition towards self-sufficiency and independent living.
Official website here: www.appletoncots.org
Who is the CEO of Cots Inc?
Cynthia Sahotsky is the Principal Officer of Cots Inc.
Official website here: www.appletoncots.org
What is the revenue of Cots Inc?
Cots Inc's revenue in 2022 was $1,197,153.
Official website here: www.appletoncots.org
Who are the executives of Cots Inc and what are their salaries?
The average compensation at Cots Inc during 2022 was $25,258. There are 13 employees and 215 volunteers at Cots Inc.
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Official website here: www.appletoncots.org
Where can I find the form 990 for Cots Inc?
Cots Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.appletoncots.org
Learn more at the official website: www.appletoncots.org
Mission Statement of Cots Inc
Cots Inc, a nonprofit organization, is committed to ending homelessness in certain counties by providing temporary transitional shelter for homeless individuals, including men, women, young adults, and single mother families. Their mission is to offer a safe and affordable living space, along with essentials such as food and household necessities. This is done with the aim of equipping these individuals with basic living skills, enabling them to transition towards self-sufficiency and independent living. By providing this support, Cots Inc strives to positively impact the lives of those experiencing homelessness, helping them regain their footing and rebuild their lives.
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Impact
July, 2024
Cots Inc's impact is significant in the Fox Valley area of Wisconsin. By providing temporary transitional shelter for homeless individuals, including men, women, young adults, and single mother families in Outagamie, Winnebago, and Calumet counties, Cots Inc is actively working towards ending homelessness. Their focus on offering a safe and affordable place to live, along with food, household needs, and training on basic living skills, enables individuals to transition to self-sufficiency and independent living.
Furthermore, Cots Inc continues to improve living facilities for those in need and collaborates with other shelter providers to increase referral sources and provide an inclusive continuum of care for residents. This holistic approach is instrumental in ensuring successful transitions to permanent housing for those facing homelessness in the community.
This information is meant to be a general summary of Cots 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: -$3,037
- Program Service Revenue: $142,816
- Gross Receipts: $1,221,153
Assets and Liabilities:
- Total Assets: $2,686,423
- Total Liabilities: $138,651
- Net Assets: $2,547,772
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEMPORARY HOUSING
Revenue
$142,816
Organization Details
Founding Year
1997
Phone
(920) 734-3609Principal Officer
Cynthia Sahotsky
Main Address
819 S WEST AVENUE, APPLETON, WI, 54915
Website
www.appletoncots.orgNTEE Category
Code: L40 - Housing
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