Overview
What is Cass County Housing Corporation?
Cass County Housing Corporation is a nonprofit organization situated in Atlantic, Iowa. It specializes in providing affordable housing for the elderly with low income, operating a 29-unit apartment complex specifically designed as a senior citizens' housing and retirement community. The organization's mission is centered around low-income elderly housing, aiming to cater to the needs of this demographic in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating.
The Cass County Housing Corporation has received a low score of 58%, categorized as a One-Star rating, indicating significant areas for improvement in its operations. While the organization has demonstrated strengths in governance, with 100% of its board members being independent and maintaining proper documentation of board meeting minutes, the overall financial accountability leaves much to be desired.
One notable strength is the organization's excellent score for having no material diversion of assets and a low liabilities to assets ratio of 1.62%. However, its program expense ratio of 57.93% suggests that a smaller portion of its expenditures is directed towards its programs compared to administrative and fundraising costs. This calls into question the efficiency and effectiveness of the charity in fulfilling its mission. Overall, while there are some strong governance practices in place, the financial metrics indicate that improvements are necessary for better accountability and service to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Cass County Housing Corporation legitimate?
Cass County Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cass County Housing 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: $70,000
For more financial information, click here
What is the mission statement of Cass County Housing Corporation?
Cass County Housing Corporation's mission is centered around providing affordable housing for the elderly with low income. Operating a 29-unit apartment complex, the corporation serves as a senior citizens' housing and retirement community. Their mission involves offering a living space for this demographic, aiming to contribute positively to their retirement years. While the information does not provide specifics on advocacy, support, or research, it is evident that Cass County Housing Corporation focuses on elderly housing needs.
Who is the CEO of Cass County Housing Corporation?
Dan White is the Director of Cass County Housing Corporation.
What is the revenue of Cass County Housing Corporation?
Cass County Housing Corporation's revenue in 2022 was $187,908.
Who are the executives of Cass County Housing Corporation and what are their salaries?
The average compensation at Cass County Housing Corporation during 2022 was $70,000. There is 1 employee at Cass County Housing Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cass County Housing Corporation?
Cass County Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cass County Housing Corporation
Cass County Housing Corporation is dedicated to providing affordable housing for low-income elderly individuals. Serving as a senior citizens' housing and retirement community, this nonprofit organization operates a 29-unit apartment complex to cater to this specific demographic. The corporation's mission is to create a secure and comfortable living environment for its residents, enabling them to maintain their independence and dignity as they age. By offering this housing solution, Cass County Housing Corporation plays a crucial role in addressing the needs of the elderly population, ensuring they have access to adequate housing and a sense of community.
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Impact
October, 2024
Cass County Housing Corporation operates a vital 29-unit apartment complex in Atlantic, IA, specifically designed to provide housing for low-income elderly individuals. By creating a senior citizens housing and retirement community, it offers a safe and supportive environment for elderly residents, ensuring they have access to affordable living options tailored to their needs.
The impact of Cass County Housing Corporation extends beyond merely providing shelter; it fosters a sense of community and belonging among seniors, which is crucial for their well-being. Residents benefit from social interactions, support networks, and amenities designed for their comfort and convenience. This initiative not only enhances their quality of life but also contributes to the overall health and stability of the community in Atlantic. By addressing the housing needs of low-income elderly individuals, Cass County Housing Corporation plays a significant role in promoting dignity, independence, and a higher standard of living for its residents.
This information is meant to be a general summary of Cass County Housing 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: $95
- Gross Receipts: $187,908
Assets and Liabilities:
- Total Assets: $673,498
- Total Liabilities: $10,806
- Net Assets: $662,692
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Organization Details
Founding Year
1996
Phone
(712) 243-1780Principal Officer
Dan White
Main Address
501 E 5TH STREET, ATLANTIC, IA, 50022
NTEE Category
Code: L220 - Housing
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