Overview
What is Model Cities Of St Paul Inc?
Model Cities of St. Paul Inc is a nonprofit organization situated in St. Paul, Minnesota, dedicated to fostering social and economic prosperity. They serve a diverse community of 2,450 individuals, with a significant portion living below the federal poverty level. Their primary mission is to provide housing support, ownership services, and youth services. In terms of housing, they offer supportive housing programs like Families First and Sankofa, which provide permanent homes for homeless families and young adults, respectively. They also offer homebuying education and pre-purchase counseling services to families in need. Their shelter services include Safe Space, a low-barrier emergency shelter for homeless individuals, and Brownstone, a project providing affordable housing and retail spaces for BIPOC entrepreneurs. For youth services, Model Cities offers supportive relationships, educational opportunities, and access to community resources. They provide backpacks and support for building healthy relationships, access to opportunities, and life and work readiness skills. Moreover, they offer financial wellness services through Fiscally Fit, aiming to eliminate economic disparities and foster financial health and wellness. Overall, Model Cities of St. Paul Inc is committed to promoting prosperity by developing and stabilizing families and communities.
Official website here: www.modelcities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
Model Cities of St. Paul Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score of 100% in Accountability & Finance. This rating signifies the organization's strong commitment to transparency and fiscal responsibility, as evidenced by its independent board governance and rigorous financial practices.
One of the organization's notable strengths is its governance structure, consisting entirely of independent board members, which ensures unbiased decision-making. The charity has also maintained solid financial health, with a low liabilities-to-assets ratio of 23.31% and a high program expense ratio of 76.73%, indicating that a significant portion of its funds is directed toward its programs rather than administrative overhead.
There are no significant limitations highlighted in the available data, suggesting that Model Cities of St. Paul Inc operates with a high level of integrity and effectiveness. The organization has established multiple policies to maintain accountability, including conflict of interest and whistleblower policies, further enhancing its reputation as a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Model Cities Of St Paul Inc legitimate?
Model Cities Of St Paul Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Model Cities Of St Paul 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: $95,799
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,175,853
For more financial information, click here
Official website here: www.modelcities.org
What is the mission statement of Model Cities Of St Paul Inc?
Model Cities of St. Paul Inc's mission is centered around promoting social and economic prosperity. They achieve this by providing access to opportunities that help develop and stabilize families and communities. Their activities aim to empower individuals, offering housing support services, youth services, homeownership services, and shelter services. Housing support services include supportive housing for homeless families and young adults, while youth services offer supportive relationships, educational opportunities, and community-based resources. Homeownership services provide education and pre-purchase counseling to families, and shelter services offer temporary emergency shelter for unsheltered individuals. The organization's housing projects also include affordable housing units and retail spaces leased to local entrepreneurs.
Official website here: www.modelcities.org
Who is the CEO of Model Cities Of St Paul Inc?
Kizzy Downie is the CEO of Model Cities Of St Paul Inc The CEO's salary of Model Cities Of St Paul Inc is $95,798 and their total compensation is $95,798.
Official website here: www.modelcities.org
What is the revenue of Model Cities Of St Paul Inc?
Model Cities Of St Paul Inc's revenue in 2023 was $2,906,619.
Official website here: www.modelcities.org
Who are the executives of Model Cities Of St Paul Inc and what are their salaries?
The average compensation at Model Cities Of St Paul Inc during 2023 was $29,573. There are 43 employees and 35 volunteers at Model Cities Of St Paul Inc.
Here are 9 key members and their salaries (Model Cities Of St Paul Inc's CEO's salary is $95,798 and their total compensation is $95,798):
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Official website here: www.modelcities.org
Where can I find the form 990 for Model Cities Of St Paul Inc?
Model Cities Of St Paul Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.modelcities.org
Learn more at the official website: www.modelcities.org
Mission Statement of Model Cities Of St Paul Inc
Model Cities of St. Paul Inc, a nonprofit organization, is committed to promoting social and economic prosperity. They aim to achieve this by providing access to opportunities that develop and stabilize families and communities. By offering a range of services, Model Cities of St. Paul Inc works towards empowering individuals and families, helping them overcome challenges and build self-sufficiency.
In 2022, the organization served 2,450 individuals, many of whom live at or below the federal poverty level. Their services cater to a diverse population, with 48% identifying as Black, 32% as White, 6% as Latino, and 7% as more than one race/ethnicity. Model Cities of St. Paul Inc also supports individuals with disabilities, as 58% of their housing participants report having one. Their housing support services, such as Families First Supportive Housing and Sankofa Supportive Housing, aim to provide permanent housing and holistic support to families and young adults, respectively.
In addition to housing services, Model Cities of St. Paul Inc offers youth services, homeownership services, and shelter services. Through youth services, they provide supportive relationships, educational opportunities, and access to community-based resources. Homeownership services include homebuyer education and pre-purchase counseling, helping families navigate the homebuying process. Their shelter services, such as Safe Space and Brownstone Services, provide emergency shelter and affordable housing for individuals in need.
In summary, Model Cities of St. Paul Inc's mission is to improve the lives of individuals and families by providing access to opportunities that promote social and economic prosperity. They offer a range of services, including housing support, youth services, homeownership services, and shelter services, catering to a diverse population and addressing various challenges faced by the community.
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Impact
July, 2024
Model Cities Of St Paul Inc's impact is significant in promoting social and economic prosperity by providing access to opportunities that develop and stabilize families and communities. In 2022, they served 2,450 people agency-wide, with 78% living at or below the federal poverty level. Their services include housing support services, youth services, homeownership services, fiscal fitness services, shelter services, and Brownstone services. Through programs like Families First Supportive Housing and Sankofa Supportive Housing, they provide permanent housing to those in need. Additionally, their initiatives like Homeownership Services offer education and counseling to families navigating the homebuying process. The organization's efforts have a wide-reaching impact on individuals and families in need, contributing positively to the community of St. Paul, Minnesota.
This information is meant to be a general summary of Model Cities Of St Paul 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 2023.
- Investment Income: $3,449
- Program Service Revenue: $160
- Gross Receipts: $2,906,619
Assets and Liabilities:
- Total Assets: $3,330,695
- Total Liabilities: $776,585
- Net Assets: $2,554,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$160
Organization Details
Founding Year
1989
Principal Officer
Kizzy L Downie
Website
www.modelcities.orgNTEE Category
Code: P30 - Human services
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