Overview
What is Western Iowa Community Improvement Regional Housing Trust Fund?
The Western Iowa Community Improvement Regional Housing Trust Fund is a nonprofit organization located at 1122 Pierce Street, Sioux City, Iowa 51105. Their primary mission is to enhance and expand the availability of quality, affordable housing for low-to-moderate income households in Cherokee, Ida, Monona, Plymouth, and Woodbury counties. To achieve this, they implement a federal grant program that focuses on preserving and developing affordable housing within these regions. Their activities aim to create more opportunities for affordable housing, thereby contributing positively to the local communities in Western Iowa.
Official website here: www.simpco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Western Iowa Community Improvement Regional Housing Trust Fund has earned a solid rating of 81%, reflecting a strong focus on accountability and finance. This score is derived entirely from its Accountability & Finance performance, highlighting the organization's commitment to transparency and responsible financial management.
One of the notable strengths of this nonprofit is its fully independent board, which consists of 11 members, earning maximum points for independence. The organization also demonstrates strong practices by having a whistleblower policy, a conflict of interest policy, and maintaining comprehensive meeting minutes. Additionally, its high program expense ratio of 92.58% indicates that a significant portion of its budget is directed towards its core mission.
Despite the positive aspects, the rating solely reflects fiscal responsibility and does not encompass other potential areas such as program impact or community feedback. While the financial health appears strong, potential donors might want to consider seeking additional information on the organization's overall effectiveness and outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Western Iowa Community Improvement Regional Housing Trust Fund legitimate?
Western Iowa Community Improvement Regional Housing Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Iowa Community Improvement Regional Housing Trust Fund 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: $40,344
For more financial information, click here
Official website here: www.simpco.org
What is the mission statement of Western Iowa Community Improvement Regional Housing Trust Fund?
The Western Iowa Community Improvement Regional Housing Trust Fund's mission is centered around promoting and expanding affordable housing opportunities for low-to-moderate income households. This mission is carried out in the areas of Cherokee, Ida, Monona, Plymouth, and Woodbury counties in Iowa. The organization aims to preserve existing affordable housing and create new opportunities through development projects. Their primary focus is a federal grant program that aims to increase the supply of quality, affordable housing in these regions.
Official website here: www.simpco.org
Who is the CEO of Western Iowa Community Improvement Regional Housing Trust Fund?
Michelle Bostinelos is the Chair of Western Iowa Community Improvement Regional Housing Trust Fund.
Official website here: www.simpco.org
What is the revenue of Western Iowa Community Improvement Regional Housing Trust Fund?
Western Iowa Community Improvement Regional Housing Trust Fund's revenue in 2022 was $549,058.
Official website here: www.simpco.org
Who are the executives of Western Iowa Community Improvement Regional Housing Trust Fund and what are their salaries?
There 11 volunteers at Western Iowa Community Improvement Regional Housing Trust Fund.
Here are 11 key members and their salaries:
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Official website here: www.simpco.org
Where can I find the form 990 for Western Iowa Community Improvement Regional Housing Trust Fund?
Western Iowa Community Improvement Regional Housing Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.simpco.org
Learn more at the official website: www.simpco.org
Mission Statement of Western Iowa Community Improvement Regional Housing Trust Fund
The Western Iowa Community Improvement Regional Housing Trust Fund is dedicated to advancing and strengthening affordable housing opportunities for low-to-moderate income families in Cherokee, Ida, Monona, Plymouth, and Woodbury Counties in Iowa. By undertaking preservation and development projects, this nonprofit organization strives to expand the availability of high-quality, affordable housing within these communities. The Western Iowa Community Improvement Regional Housing Trust Fund's mission is to make a tangible impact on the lives of those in need, ensuring that they have access to safe and affordable housing options. This commitment to affordable housing is furthered through a federal grant program, which focuses on increasing the supply of such housing within the specified counties.
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Impact
July, 2024
The Western Iowa Community Improvement Regional Housing Trust Fund plays a crucial role in expanding the supply of quality, affordable housing in Cherokee, Ida, Monona, Plymouth, and Woodbury counties in Iowa. By focusing on the preservation and development of affordable housing, this organization provides opportunities for low-to-moderate income households to secure suitable living arrangements. Through their efforts, the Housing Trust Fund helps address housing challenges and supports the well-being of individuals and families in the region.
This information is meant to be a general summary of Western Iowa Community Improvement Regional Housing Trust Fund. 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: $549,058
Assets and Liabilities:
- Total Assets: $319,693
- Total Liabilities: $68,384
- Net Assets: $251,309
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Organization Details
Founding Year
2012
Phone
(712) 279-6919Principal Officer
Michelle Bostinelos
Main Address
1122 PIERCE STREET, SIOUX CITY, IA, 51105
Website
www.simpco.orgNTEE Category
Code: L80 - Housing
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