Overview
What is Vibrant Kalamazoo?
Vibrant Kalamazoo is a nonprofit organization dedicated to enhancing Kalamazoo County's communities by addressing blighted properties. By supporting the Kalamazoo County Land Bank, they aim to establish vibrant living spaces, foster affordable housing opportunities, and stabilize property values in the region. They achieve this goal by raising funds, organizing events, and offering technical assistance to other community-focused initiatives. In essence, Vibrant Kalamazoo contributes to Kalamazoo County's rejuvenation by addressing urban decay and promoting sustainable community growth.
Official website here: www.kalamazoolandbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Vibrant Kalamazoo has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. This rating is derived entirely from its Accountability & Finance score, suggesting that the organization is performing well in managing its financial responsibilities, with a program expense ratio of 99.42%, which indicates that nearly all of its expenses are directed towards its programmatic work.
The organization benefits from a fully independent board, scoring 10 out of 10 in that category. All board members are independent, which is crucial for maintaining objectivity and integrity in decision-making. However, the charity has notable weaknesses, as it lacks essential policies such as a conflict of interest policy and a whistleblower policy, both of which are important for ensuring transparency and accountability.
Overall, while Vibrant Kalamazoo demonstrates strong financial management and governance structure in terms of board independence and program spending, it does need to address its missing policies to improve its accountability framework. Enhancing these aspects could bolster its reputation and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Vibrant Kalamazoo legitimate?
Vibrant Kalamazoo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vibrant Kalamazoo 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: $0
For more financial information, click here
Official website here: www.kalamazoolandbank.org
What is the mission statement of Vibrant Kalamazoo?
Vibrant Kalamazoo was established with a mission to support the Kalamazoo County Land Bank in revitalizing communities. This is achieved by eliminating blighted properties, fostering affordable housing opportunities, and stabilizing property values within the county. The organization raises funds, sponsors events, and offers technical assistance to various activity organizers and sponsors, contributing to the overall goal of creating vibrant communities.
Official website here: www.kalamazoolandbank.org
Who is the CEO of Vibrant Kalamazoo?
Sidney Ellis is the Director of Vibrant Kalamazoo.
Official website here: www.kalamazoolandbank.org
What is the revenue of Vibrant Kalamazoo?
Vibrant Kalamazoo's revenue in 2022 was $74,000.
Official website here: www.kalamazoolandbank.org
Who are the executives of Vibrant Kalamazoo and what are their salaries?
There 7 volunteers at Vibrant Kalamazoo.
Here are 8 key members and their salaries:
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Official website here: www.kalamazoolandbank.org
Where can I find the form 990 for Vibrant Kalamazoo?
Vibrant Kalamazoo's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kalamazoolandbank.org
Learn more at the official website: www.kalamazoolandbank.org
Mission Statement of Vibrant Kalamazoo
Vibrant Kalamazoo, a nonprofit organization, was established with a mission to support the Kalamazoo County Land Bank in creating vibrant communities. This is achieved by addressing the issue of blighted properties, promoting affordable housing opportunities, and enhancing the stability of property values within Kalamazoo County. To accomplish this, Vibrant Kalamazoo raises funds, sponsors events, and provides technical assistance to other activity sponsors and organizers, striving to contribute significantly to the overall transformation of the community.
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Impact
August, 2024
Vibrant Kalamazoo's impact can be seen in the positive transformation of Kalamazoo County through the elimination of blighted properties, the creation of affordable housing opportunities, and the stabilization of property values. By supporting the Kalamazoo County Land Bank, the organization is actively working towards creating vibrant communities that benefit residents and contribute to the overall well-being of the county. Through fundraising, event sponsorship, and technical assistance, Vibrant Kalamazoo is making a tangible difference in the local community.
This information is meant to be a general summary of Vibrant Kalamazoo. 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.
- Gross Receipts: $74,000
Assets and Liabilities:
- Total Assets: $991,666
- Total Liabilities: $0
- Net Assets: $991,666
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Organization Details
Founding Year
2011
Phone
(269) 216-9670Principal Officer
Sidney Ellis
Main Address
1523 RIVERVIEW DR STE A, KALAMAZOO, MI, 49004
Website
www.kalamazoolandbank.orgNTEE Category
Code: X111 - Religion related
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