Overview
What is Commonbond Communities?
Commonbond Communities is a nonprofit organization based in St. Paul, Minnesota, dedicated to providing safe and affordable housing for individuals in need. Their mission extends beyond just shelter, as they aim to help residents gain stability and build community. On-site Advantage Centers offer various programs addressing residents' needs, with a focus on stability and independence, education and advancement, health and wellness, and community building and engagement. These services are provided free of charge to eliminate transportation and financial barriers. During 2022, the program helped adults maintain housing and achieve their economic goals, as well as provided academic mentoring for children and youth, health and wellness programs for seniors and residents with disabilities, and opportunities for community building and engagement for over 1,276 residents.
Official website here: www.commonbond.org
Is Commonbond Communities legitimate?
Commonbond Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonbond Communities 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.
Here are some key statistics you may want to consider:
Executive Compensation: $433,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,459,902
For more financial information, click here
What is the mission statement of Commonbond Communities?
Commonbond Communities' mission is centered around building stable homes, fostering strong futures, and creating vibrant communities. As the leading non-profit provider of affordable housing in the Upper Midwest, Commonbond has been constructing and maintaining homes accompanied by essential services for families, seniors, and individuals with disabilities since 1971. Through the merging of affordable housing and advantage services, Commonbond aims to help residents achieve stability, advancement, and independence.
Official website here: www.commonbond.org
Who is the CEO of Commonbond Communities?
Angela Riley is the President & Ceo of Commonbond Communities. The CEO's salary of Commonbond Communities is $296,586 and their total compensation is $317,103.
Official website here: www.commonbond.org
What is the revenue of Commonbond Communities?
Who are the executives of Commonbond Communities and what are their salaries?
The average compensation at Commonbond Communities during 2022 was $41,526. There are 166 employees and 276 volunteers at Commonbond Communities.
Here are 29 key members and their salaries (Commonbond Communities's CEO's salary is $296,586 and their total compensation is $317,103):
- Deidre Schmidt (President & Ceo) [Trustee/Director]
- Thomas Adams (Executive Vp Of Housing Service)
- Angela Riley (Cfo & Vp-Admin)
- Cecile Bedor (Executive Vp Of Real Estate)
- Michael Lang (Chief Information Officer)
- Karen Law (Executive Vp Of Talent Eq, And Culture)
- Derek Madsen (Executive Vp Of Resource Development)
- Barb Tretheway (Secretary) [Trustee/Director]
- Cindy Koch (Treasurer) [Trustee/Director]
- Richard Wicka (Chair) [Trustee/Director]
- Sean Rice (Director)
- Matt Schriner (Director)
- Jamal Adam (Director)
- Wade C Lau (Director)
- Tasha Alexander (Director)
- Eva Stevens (Director)
- Nicole Brookshire (Director)
- Adam Bernier (Vice Chair) [Trustee/Director]
- R Particia Trish Kelly (Director)
- Megan Remark (Director)
- Taylor Smrikarova (Director)
- Sita Morantz (Director)
- Valerie Spencer (Director)
- Jennifer Thao (Director)
- Shailja Ambrose (Director)
- Fatima Moore (Director)
- Mohamed Omar (Director)
- Mark Runkel (Director)
- May Thao-Schuck (Director)
Official website here: www.commonbond.org
Where can I find the form 990 for Commonbond Communities?
The Commonbond Communities’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.commonbond.org
Learn more at the official website: www.commonbond.org
Mission Statement of Commonbond Communities
Commonbond Communities, a leading nonprofit organization in the Upper Midwest, is dedicated to constructing stable homes, fostering strong futures, and sustaining vibrant communities. With a rich history dating back to 1971, Commonbond has been committed to providing affordable housing and essential services to families, seniors, and individuals with disabilities.
The mission of Commonbond Communities goes beyond just building homes. It encompasses creating an environment that fosters stability, advancement, and independence. By combining affordable housing with supportive services, Commonbond addresses the unique needs of its residents, enabling them to overcome challenges and build brighter futures.
Commonbond Communities is the largest nonprofit provider of affordable housing in the Upper Midwest. Through its comprehensive approach, it not only provides a safe and affordable place to call home but also offers a range of services designed to help residents thrive. These services may include access to education, employment opportunities, health and wellness programs, and financial assistance.
By focusing on the long-term stability of its residents, Commonbond Communities creates thriving communities where individuals and families can build strong foundations for the future. Its unwavering commitment to affordability, services, and community development has made it an essential resource for those in need.
Impact
This information is meant to be a general summary of Commonbond Communities. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Commonbond Communities is dedicated to providing safe, affordable housing for community members in need. Their impact goes beyond shelter, as they focus on building stable homes, strong futures, and vibrant communities. Through their Advantage Services, Commonbond offers various programs to address resident needs, with a goal of keeping residents stably housed. These services include support for maintaining housing, job placements, financial coaching, academic mentoring for children, health and wellness programs for seniors and residents with disabilities, and community-building activities.
In 2022, Commonbond's programs achieved significant outcomes, such as assisting with adult job placements with over 60% retaining employment for six months or more. Academic mentoring through programs like Study Buddies led to over 93% of participating youth improving their reading level. Additionally, 90% of teens engaged in enrichment and leadership programs focused on future planning. Seniors and residents with disabilities who participated in health and wellness programs reported having zero falls, showcasing the effectiveness of these initiatives.
Overall, Commonbond Communities's impact is evident in the empowerment of residents to develop meaningful activities within their communities, fostering stability, advancement, and independence for individuals and families in need of affordable housing.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUES
Revenue
$7,062,587
DEVELOPMENT FEES
Revenue
$4,592,266
ADVANTAGE SERVICE FEES
Revenue
$1,970,947
INTEREST INC ON LOANS
Revenue
$456,899
MISCELLANEOUS REVENUE
Revenue
$326,476
Organization Details
Founding Year
1971
Phone
(651) 291-1750
Principal Officer
Angela Riley
Main Address
1080 MONTREAL AVENUE, ST PAUL, MN, 55116
Website
www.commonbond.org
NTEE Category
Code: L21 - Housing
If you are a representative of Commonbond Communities and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.