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Tivoli Non-Profit Housing Corporation

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

EIN: 454824004 ✦ Warren, MI ✦ Designated as a 501(c)(3)

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Overview

What is Tivoli Non-Profit Housing Corporation?

Tivoli Non-Profit Housing Corporation is a Michigan-based nonprofit organization established with a mission to provide housing facilities for low-income senior citizens. Originating as a venture by CSI Support & Development Services, a fellow Michigan nonprofit corporation, the organization operates an apartment building housing 80 units in Warren, Michigan. Initially formed on a non-stock basis, the corporation has since transitioned ownership to Tivoli Manor LDHA, LP, which it continues to financially support through a seller carryback loan. Serving as the general partner of this partnership, Tivoli Non-Profit Housing Corporation plays a significant role in financing the low-income housing project and carrying out general partner duties.


Official website here: www.csi.coop

Is Tivoli Non-Profit Housing Corporation legitimate?

Tivoli Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tivoli Non-Profit 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: $0

For more financial information, click here


Official website here: www.csi.coop

What is the mission statement of Tivoli Non-Profit Housing Corporation?

Tivoli Non-Profit Housing Corporation is dedicated to providing housing facilities for low-income senior citizens. This mission is carried out by acquiring and operating apartment buildings, in collaboration with the U.S. Department of Housing and Urban Development. The corporation ensures that affordable housing is available to this demographic, with Tivoli Manor LDHA, LP purchasing the project in 2014. The organization funds Tivoli Manor LDHA, LP through a seller carryback loan and acts as the general partner of the partnership. Moving forward, Tivoli Non-Profit Housing Corporation serves as a financing arm for the low-income project, while also fulfilling its general partner duties.


Official website here: www.csi.coop

Who is the CEO of Tivoli Non-Profit Housing Corporation?

Cindy Lamb is the President of Tivoli Non-Profit Housing Corporation.


Official website here: www.csi.coop

What is the revenue of Tivoli Non-Profit Housing Corporation?

Tivoli Non-Profit Housing Corporation's revenue in 2022 was $28,076.


Official website here: www.csi.coop

Who are the executives of Tivoli Non-Profit Housing Corporation and what are their salaries?

There 10 volunteers at Tivoli Non-Profit Housing Corporation.


Here are 17 key members and their salaries:


Annie Mitchell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Aho (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryle Morey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeri Draughon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Lamb (Assistant Treasurer)
  • Compensation: $0
  • Related: $191,147
  • Other: $34,117
Anne Sackrison (Assistant Secretary)
  • Compensation: $0
  • Related: $233,866
  • Other: $51,455
Rillar Mcdaniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethel Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Mahom Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Herrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marietta Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanie Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Huttinger (Regional Manager)
  • Compensation: $0
  • Related: $162,631
  • Other: $36,429
Marguerite D Angelo (Regional Manager)
  • Compensation: $0
  • Related: $169,296
  • Other: $25,860
Diane Smith (National Development Manager)
  • Compensation: $0
  • Related: $185,330
  • Other: $48,583
Tim Braunscheidal (Chief Operations Officer)
  • Compensation: $0
  • Related: $158,517
  • Other: $44,849
Mel Hudson (National Construction Manager)
  • Compensation: $0
  • Related: $174,841
  • Other: $58,635


Official website here: www.csi.coop

Where can I find the form 990 for Tivoli Non-Profit Housing Corporation?

Tivoli Non-Profit Housing Corporation'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 Tivoli Non-Profit Housing Corporation

Tivoli Non-Profit Housing Corporation, a Michigan-based non-profit organization, is dedicated to providing housing facilities for low-income senior citizens. This mission is carried out through the acquisition and operation of an apartment building, offering 80 units for elderly individuals with modest incomes. This initiative is in collaboration with the U.S. Department of Housing and Urban Development. Upon purchasing the project on February 12, 2014, Tivoli Manor LDHA, LP became the proprietor of the property. The corporation now funds Tivoli Manor LDHA, LP through a seller carryback loan, acting as the general partner of the aforementioned partnership. Going forward, the primary objective of Tivoli Non-Profit Housing Corporation will remain its role as a financial arm for the low-income housing project while also carrying out the responsibilities of a general partner.

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Impact




August, 2024

Tivoli Non-Profit Housing Corporation's impact is evident in its provision of housing facilities for low-income senior citizens in Warren, Michigan. This organization works tirelessly to address the critical need for affordable housing for seniors in cooperation with the US Department of Housing and Urban Development. By offering 80 apartment units, Tivoli Non-Profit Housing Corporation plays a crucial role in ensuring that vulnerable seniors have a safe and comfortable place to call home. Through its mission to serve low-income senior citizens, Tivoli Non-Profit Housing Corporation makes a significant difference in the lives of those in need within the community.




This information is meant to be a general summary of Tivoli Non-Profit 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.

Revenue
$28,076 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $28,076
  • Gross Receipts: $28,076

Assets and Liabilities:

  • Total Assets: $1,078,534
  • Total Liabilities: $6,434
  • Net Assets: $1,072,100

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Programs

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

FINANCING INCOME

Revenue

$28,083

GAIN OR LOSS F/ INVEST

Revenue

-$7

Organization Details

Founding Year

2012

Principal Officer

Cindy Lamb

Main Address

8425 E TWELVE MILE ROAD SUITE 100, WARREN, MI, 480932738

NTEE Category

Code: L22 - Housing

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