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Sawtooth Housing Corporation Of Grand Marais

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411725106 ✦ Grand marais, MN ✦ Designated as a 501(c)(3)

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Overview

What is Sawtooth Housing Corporation Of Grand Marais?

Sawtooth Housing Corporation of Grand Marais is a respected nonprofit organization, committed to serving the elderly community. Their primary mission is to offer quality housing solutions, making life more comfortable for seniors with limited financial resources. They achieve this through their senior citizens housing project, which provides 24 rental units. By doing so, they cater to the housing needs of low-income elderly individuals, ensuring they live in a secure and comfortable environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. Overall, Sawtooth Housing Corporation of Grand Marais has earned a score of 73%, resulting in a Two-Star out of Four Star rating. This rating indicates that while the organization performs well in certain areas, there are significant shortcomings that prevent it from achieving a higher rating.

Strengths of the organization include a fully independent board with complete compliance on board size and material diversion of assets. Additionally, the organization maintains a high program expense ratio of 90.60%, ensuring that a substantial portion of its resources goes directly towards its mission. These factors reflect strong governance and financial health.

However, the organization faces several notable limitations. Key policies such as conflict of interest, whistleblower, and document retention are missing, which raises concerns about transparency and accountability. Furthermore, the lack of publicly accessible tax forms on its website indicates a need for improvement in communication and openness with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Sawtooth Housing Corporation Of Grand Marais legitimate?

Sawtooth Housing Corporation Of Grand Marais is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sawtooth Housing Corporation Of Grand Marais 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: $32,088

For more financial information, click here

What is the mission statement of Sawtooth Housing Corporation Of Grand Marais?

The Sawtooth Housing Corporation is devoted to providing housing solutions for the elderly. They accomplish this through a senior citizens housing project, which offers 24 rental units, ensuring high-quality living environments for low-income seniors. The organization's mission is centered around ensuring that elderly individuals have access to decent and affordable housing, thus enhancing their quality of life. By offering these rental units, Sawtooth Housing Corporation is contributing to the well-being and comfort of the elderly population, providing them with a secure and suitable place to call home.

Who is the CEO of Sawtooth Housing Corporation Of Grand Marais?

Evalyn Carlson is the President of Sawtooth Housing Corporation Of Grand Marais.

What is the revenue of Sawtooth Housing Corporation Of Grand Marais?

Sawtooth Housing Corporation Of Grand Marais's revenue in 2022 was $200,572.

Who are the executives of Sawtooth Housing Corporation Of Grand Marais and what are their salaries?


Here are 4 key members and their salaries:


Evalyn Carlson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Bloomquist (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Soderholm (Assistant Secretary/Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vilnis Neilands (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sawtooth Housing Corporation Of Grand Marais?

Sawtooth Housing Corporation Of Grand Marais's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sawtooth Housing Corporation Of Grand Marais

Sawtooth Housing Corporation of Grand Marais is committed to providing housing for the elderly population. This nonprofit organization achieves this mission through a senior citizens housing project, offering 24 rental units. This project ensures that low-income seniors have access to quality housing, thereby enhancing their living conditions. The corporation's mission is centered around ensuring the elderly have a secure and comfortable living space, promoting their overall well-being and independence.

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Impact




October, 2024

Sawtooth Housing Corporation of Grand Marais significantly enhances the quality of life for elderly residents by providing affordable and accessible housing options. With 24 rental units dedicated to low-income seniors, it addresses a crucial need in the community, ensuring that older adults have a safe and stable place to live. This initiative not only offers shelter but also fosters a supportive environment, promoting social connections among residents. By prioritizing quality housing for the elderly, Sawtooth Housing Corporation helps enhance their well-being and independence, contributing positively to the overall fabric of Grand Marais.




This information is meant to be a general summary of Sawtooth Housing Corporation Of Grand Marais. 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.

Revenue
$200,572 (2022)
Expenses
$250,694 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $110
  • Program Service Revenue: $200,462
  • Gross Receipts: $200,572

Assets and Liabilities:

  • Total Assets: $628,476
  • Total Liabilities: $32,031
  • Net Assets: $596,445

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INCOME TENANTS

Revenue

$189,598

CABLE TV REVENUE

Revenue

$6,931

LAUNDRY REVENUE

Revenue

$2,268

MISCELLANEOUS REVENUE

Revenue

$1,665

Organization Details

Founding Year

1992

Principal Officer

Evalyn Carlson

Main Address

1361 COUNTY ROAD 14, GRAND MARAIS, MN, 55604

NTEE Category

Code: L20Z - Housing

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