Overview
What is Arlington Ii Non-Profit Housing Corp?
Arlington II Non-Profit Housing Corp is a Maryland-based nonprofit organization, established in 2012 through the cooperation of Cooperative Services, Inc., a Michigan nonprofit cooperative. The primary objective of this corporation is to construct, own, and manage a 57-unit apartment complex, specifically designed for low-income senior citizens, as per Section 202 of the National Affordable Housing Act. The organization's main mission is to provide comfortable housing facilities for this demographic, ensuring they can live with dignity and independence.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Arlington II Non-Profit Housing Corp received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial performance. The charity's score is based entirely on its Accountability & Finance beacon, indicating a robust approach to governance and transparency. This includes 100% independent board members and a solid audit and oversight committee, signaling a commitment to ethical practices and effective oversight of its operations.
The organization demonstrates financial health with a program expense ratio of 83.48%, meaning a significant majority of its expenditures directly support its mission. Additionally, it has maintained an excellent liabilities to assets ratio of 1.12%, further showcasing its fiscal responsibility. Policies regarding conflict of interest, whistleblower protection, and document retention are all in place and well-documented, solidifying its commitment to accountability.
While the data points to multiple strengths in governance and financial practices, no specific limitations or areas for improvement were noted in the available information. Overall, Arlington II Non-Profit Housing Corp stands out as a reliable nonprofit committed to its mission and responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Arlington Ii Non-Profit Housing Corp legitimate?
Arlington Ii Non-Profit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arlington Ii Non-Profit 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: $0
For more financial information, click here
Official website here: www.csi.coop
What is the mission statement of Arlington Ii Non-Profit Housing Corp?
Arlington II Non-Profit Housing Corp is dedicated to providing housing facilities for low-income senior citizens. Established with a mission to serve, the organization constructs, owns, and operates apartment complexes, offering affordable housing options for individuals with limited income or disabilities, in compliance with Section 202 of the National Affordable Housing Act. The corporation's primary goal is to ensure that senior citizens, who may be financially disadvantaged, have access to suitable living spaces, thereby enhancing their quality of life.
Official website here: www.csi.coop
Who is the CEO of Arlington Ii Non-Profit Housing Corp?
Cindy Lamb is the President of Arlington Ii Non-Profit Housing Corp.
Official website here: www.csi.coop
What is the revenue of Arlington Ii Non-Profit Housing Corp?
Arlington Ii Non-Profit Housing Corp's revenue in 2022 was $692,003.
Official website here: www.csi.coop
Who are the executives of Arlington Ii Non-Profit Housing Corp and what are their salaries?
There 16 volunteers at Arlington Ii Non-Profit Housing Corp.
Here are 19 key members and their salaries:
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- Related: $182,532
- Other: $32,442
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- Other: $63,472
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- Related: $153,401
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- Related: $175,150
- Other: $45,954
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- Related: $182,210
- Other: $47,091
- Compensation: $0
- Related: $177,736
- Other: $54,448
Official website here: www.csi.coop
Where can I find the form 990 for Arlington Ii Non-Profit Housing Corp?
Arlington Ii Non-Profit Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csi.coop
Learn more at the official website: www.csi.coop
Mission Statement of Arlington Ii Non-Profit Housing Corp
Arlington II Non-Profit Housing Corp is dedicated to providing housing facilities for low-income senior citizens. This mission-driven organization, established in a non-stock basis by Cooperative Services, Inc., aims to construct, own, and operate housing complexes that cater to individuals with limited financial resources or disabilities, as per Section 202 of the National Affordable Housing Act. By offering affordable housing solutions, Arlington II Non-Profit Housing Corp strives to ensure that senior citizens can maintain their independence and dignity, without the burden of exorbitant housing costs.
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Impact
July, 2024
Arlington II Non-Profit Housing Corp's impact can be seen in its provision of housing facilities for low-income senior citizens. Specifically, the corporation operates a 57-unit apartment complex located in Baltimore, Maryland, catering to very low-income or disabled individuals. By offering affordable housing options in accordance with Section 202 of the National Affordable Housing Act, Arlington II Non-Profit Housing Corp contributes to addressing the housing needs of vulnerable populations in the community.
This information is meant to be a general summary of Arlington Ii Non-Profit 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: $2,198
- Program Service Revenue: $255,407
- Gross Receipts: $692,003
Assets and Liabilities:
- Total Assets: $6,375,671
- Total Liabilities: $100,740
- Net Assets: $6,274,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$255,407
Organization Details
Founding Year
2012
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE RD, WARREN, MI, 48093
Website
www.csi.coopNTEE Category
Code: L21 - Housing
If you are a representative of Arlington Ii Non-Profit Housing Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.