Overview
What is Knollwood Community Housing Corp?
Knollwood Community Housing Corp, also known as Menorah West Apartments, is a nonprofit organization situated in St. Louis Park, Minnesota. Specifically, it's located at 3600 Phillips Parkway, ZIP code 55426. The primary mission of this organization is to provide low-income housing and related services to senior citizens. Sholom, another not-for-profit entity, is associated with Knollwood Community Housing Corp, offering a comprehensive range of residential, social service, and healthcare services primarily for older adults within a Jewish environment. This organization's work is dedicated to enhancing the living conditions and well-being of senior citizens in need.
Official website here: www.sholom.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
Knollwood Community Housing Corp has achieved an 82% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from their Accountability & Finance category, where they excel with a perfect score in several key areas such as independent board membership and the absence of material asset diversion.
The organization boasts a fully independent board, consisting of seven members, and demonstrates strong governance practices with established conflict of interest and whistleblower policies. Furthermore, their program expense ratio stands at an impressive 80.01%, reflecting a commitment to allocating resources effectively towards their mission.
While the rating is commendable, it is important for potential donors or supporters to consider that this score is based solely on financial metrics and governance practices. There may be other factors and qualitative measures of impact that are not captured in this rating.
This AI summary has been generated from information found on Charity Navigator.
Is Knollwood Community Housing Corp legitimate?
Knollwood Community Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knollwood Community Housing Corp 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: $85,718
For more financial information, click here
Official website here: www.sholom.com
What is the mission statement of Knollwood Community Housing Corp?
Knollwood Community Housing Corp, operating under the name Menorah West Apartments, is a not-for-profit organization primarily focused on providing a comprehensive range of residential, social service, and healthcare services. Their primary clientele includes older adults, and they operate within a Jewish environment. This organization, through Sholom, offers a broad continuum of services aimed at enhancing the quality of life for its residents. The 45-unit HUD facility that Knollwood Community Housing Corp manages provides low-income housing and related services to senior citizens, ensuring they have access to necessary resources and care.
Official website here: www.sholom.com
Who is the CEO of Knollwood Community Housing Corp?
Barb Klick is the Ceo of Knollwood Community Housing Corp. The CEO's salary of Knollwood Community Housing Corp is $0 and their total compensation is $335,387.
Official website here: www.sholom.com
What is the revenue of Knollwood Community Housing Corp?
Knollwood Community Housing Corp's revenue in 2022 was $493,268.
Official website here: www.sholom.com
Who are the executives of Knollwood Community Housing Corp and what are their salaries?
There 7 volunteers at Knollwood Community Housing Corp.
Here are 10 key members and their salaries (Knollwood Community Housing Corp's CEO's salary is $0 and their total compensation is $335,387):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $324,608
- Other: $10,779
- Compensation: $0
- 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 Knollwood Community Housing Corp?
Knollwood Community Housing Corp'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 Knollwood Community Housing Corp
Knollwood Community Housing Corp, operating under the name Menorah West Apartments, is a not-for-profit organization dedicated to providing a comprehensive range of residential, social service, and healthcare services primarily for older adults. This organization operates within a Jewish environment, demonstrating a commitment to catering to a specific community's needs. The primary mission of Knollwood Community Housing Corp is to provide low-income housing and related services to senior citizens, ensuring they have access to a safe and supportive living environment. This nonprofit organization, with its 45-unit HUD facility, strives to enhance the quality of life for its elderly residents, offering them the necessary resources to maintain their independence and well-being.
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Impact
July, 2024
Knollwood Community Housing Corp's impact is significant in providing low-income housing and related services to senior citizens in St. Louis Park, Minnesota. This 45-unit HUD facility, known as Menorah West Apartments, plays a crucial role in ensuring that older adults have access to affordable housing within a supportive community. By offering a broad continuum of residential, social service, and health care services primarily for older adults in a Jewish environment, Knollwood Community Housing Corp contributes to enhancing the quality of life for seniors in need.
This information is meant to be a general summary of Knollwood Community Housing Corp. 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: $362
- Program Service Revenue: $491,896
- Gross Receipts: $493,268
Assets and Liabilities:
- Total Assets: $1,493,624
- Total Liabilities: $1,714,538
- Net Assets: -$220,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$491,896
Organization Details
Founding Year
1985
Phone
(952) 939-1600Principal Officer
Barb Klick
Main Address
3600 PHILLIPS PARKWAY, ST LOUIS PARK, MN, 55426
Website
www.sholom.comNTEE Category
Code: L21Z - Housing
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