Overview
What is Community Housing & Service Corporation?
Community Housing & Service Corporation is a nonprofit organization situated in St. Louis Park, Minnesota. Their primary mission is to provide housing facilities for the elderly, specifically at Knollwood Place Apartments. This 153-unit apartment building offers market-rate housing for seniors seeking an independent living environment but may require assistance. Twenty-four-hour home care services, including emergency nursing care, are available. Residents of the project benefit from communal dining rooms, programs, and assisted living services, which enhance socialization and promote independent lifestyles. The organization's name is Knollwood Place Apartments, and they employ a workforce of 30 individuals.
Official website here: www.sholom.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 91%, Four-Star out of Four Star rating
Community Housing & Service Corporation has achieved a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The organization scores particularly well in several key areas, including having an independent board of directors and robust financial oversight practices. Its score of 91% in Accountability & Finance underscores its commitment to transparency and responsible management of resources.
The organization boasts a fully independent board with 18 members, showcasing a commitment to governance. Furthermore, the absence of any material diversion of assets and comprehensive policies regarding conflict of interest, whistleblower protections, and document retention emphasize its integrity and ethical standards. The financial ratios indicate a healthy management of program expenses, with 82.33% allocated directly to programs, which is a positive sign for potential donors.
However, there is a noted area for improvement regarding the liabilities to assets ratio, which stands at 56.45%. While this is not alarming, it suggests that the organization may benefit from focusing on its financial leverage and stability. Overall, Community Housing & Service Corporation demonstrates a strong operational framework with a solid score from Charity Navigator, making it a reliable choice for those looking to support effective nonprofit efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing & Service Corporation legitimate?
Community Housing & Service Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing & Service Corporation 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: $480,914
For more financial information, click here
Official website here: www.sholom.com
What is the mission statement of Community Housing & Service Corporation?
Community Housing & Service Corporation, through its not-for-profit organization Sholom, offers a comprehensive range of residential, social service, and healthcare services primarily for older adults within a Jewish environment. One of their initiatives, Knollwood Place Apartments, provides market-rate housing for the elderly who wish to live independently but require additional support. This support includes 24-hour home care services, including emergency nursing care. Knollwood Place Apartments also offers elderly and congregate services, such as a communal dining room, programs, and assisted living services, to encourage socialization and foster independent lifestyles. In summary, Community Housing & Service Corporation's mission, through Sholom, is to support the needs of older adults by providing them with a continuum of residential, social, and healthcare services to enhance their quality of life.
Official website here: www.sholom.com
Who is the CEO of Community Housing & Service Corporation?
Barb Klick is the Ceo of Community Housing & Service Corporation. The CEO's salary of Community Housing & Service Corporation is $0 and their total compensation is $335,387.
Official website here: www.sholom.com
What is the revenue of Community Housing & Service Corporation?
Community Housing & Service Corporation's revenue in 2022 was $3,432,116.
Official website here: www.sholom.com
Who are the executives of Community Housing & Service Corporation and what are their salaries?
The average compensation at Community Housing & Service Corporation during 2022 was $16,030. There are 30 employees and 18 volunteers at Community Housing & Service Corporation.
Here are 21 key members and their salaries (Community Housing & Service Corporation's CEO's salary is $0 and their total compensation is $335,387):
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- Related: $324,608
- Other: $10,779
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- Related: $204,562
- Other: $12,938
- Compensation: $0
- Related: $200,692
- Other: $3,488
Official website here: www.sholom.com
Where can I find the form 990 for Community Housing & Service Corporation?
Community Housing & Service Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sholom.com
Learn more at the official website: www.sholom.com
Mission Statement of Community Housing & Service Corporation
Community Housing & Service Corporation, a not-for-profit organization, is committed to providing a comprehensive range of residential, social service, and healthcare services primarily for older adults. Operating within a Jewish environment, Sholom is one of their initiatives that aims to cater to this demographic. At Sholom, they offer a continuum of services, ensuring that older adults can live with dignity and independence.
One of their notable projects is Knollwood Place Apartments, a 153-unit apartment building designed for the elderly who wish to maintain their independence but may require some additional support. Residents of Knollwood Place Apartments have access to 24-hour home care services, including emergency nursing care, to ensure their well-being. The building also includes communal dining facilities, programs, and assisted living services. These amenities are designed to promote socialization and foster an independent lifestyle. By providing these services, Community Housing & Service Corporation aims to enhance the quality of life for older adults, enabling them to age with dignity and comfort.
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Impact
July, 2024
Community Housing & Service Corporation, operating under the name Knollwood Place Apartments, is making a significant impact by providing market-rate housing to the elderly in an independent environment. By offering 24-hour home care services, emergency nursing care, communal dining rooms, programs, and assisted living services, they are helping elderly individuals who desire to live independently but may not be able to do so in their own homes. Through their services, they aim to increase socialization and promote independent lifestyles among their tenants in St. Louis Park, MN.
This information is meant to be a general summary of Community Housing & Service Corporation. 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: $106,338
- Program Service Revenue: $2,864,838
- Gross Receipts: $3,449,430
Assets and Liabilities:
- Total Assets: $22,699,759
- Total Liabilities: $12,814,561
- Net Assets: $9,885,198
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$2,864,838
Organization Details
Founding Year
1971
Phone
(952) 935-6311Principal Officer
Barb Klick
Main Address
3620 PHILLIPS PARKWAY, ST LOUIS PARK, MN, 55426
Website
www.sholom.comNTEE Category
Code: L22Z - Housing
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