Overview
What is Kacee Housing Nfp Inc?
Kacee Housing Nfp Inc is a nonprofit organization situated in Plainfield, Illinois, with a specific focus on providing affordable housing solutions. They currently manage and own two properties, one being a 40-unit apartment building situated in Dixon, Illinois. These properties cater to the needs of low and moderate-income individuals and families, contributing significantly to the local community. The core mission of Kacee Housing Nfp Inc is to manage, develop, and own low-income housing for both senior citizens and families, thereby ensuring that individuals in need have access to suitable living conditions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, Two-Star out of Four Star rating
Kacee Housing Nfp Inc has received a Two-Star rating from Charity Navigator, primarily based on its accountability and finance metrics. The charity excels in areas such as board independence, with a fully independent board, and maintains strong practices like a whistleblower policy and proper document retention. With a program expense ratio of 86.67%, the organization demonstrates a commitment to directing funds towards its mission.
However, the charity's overall score is impacted by financial health indicators, particularly the liabilities to assets ratio, which stands at 101.54%, indicating potential financial concerns. While the organization shows transparency and sound governance practices, the financial metrics suggest that it may face challenges that could affect its long-term stability.
In summary, while Kacee Housing Nfp Inc demonstrates strong accountability and program efficiency, the financial liabilities present a cautionary aspect. Potential donors might consider both the positive governance practices and the financial challenges when evaluating the charity's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Kacee Housing Nfp Inc legitimate?
Kacee Housing Nfp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kacee Housing Nfp Inc 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
What is the mission statement of Kacee Housing Nfp Inc?
Kacee Housing NFP Inc's mission is centered around managing, owning, and developing affordable housing units for senior citizens and families with lower income levels. The organization's primary goal is to provide a living space for individuals and families who fall under the low and moderate income brackets. Currently, Kacee Housing NFP Inc manages two such properties, offering rental units that cater to these income groups. One of these properties is a 40-unit apartment building located in Dixon, Illinois. The organization's mission is instrumental in ensuring that these individuals and families have access to suitable housing solutions.
Who is the CEO of Kacee Housing Nfp Inc?
Kevin Wagner is the President, Director of Kacee Housing Nfp Inc.
What is the revenue of Kacee Housing Nfp Inc?
Kacee Housing Nfp Inc's revenue in 2022 was $488,406.
Who are the executives of Kacee Housing Nfp Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Kacee Housing Nfp Inc?
Kacee Housing Nfp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kacee Housing Nfp Inc
Kacee Housing Nfp Inc, as a nonprofit organization, is committed to managing, owning, and developing low-income housing units for senior citizens and families. Their mission is centered around providing affordable living spaces for individuals and families who fall under the low and moderate income brackets. Currently, Kacee Housing Nfp Inc manages two such properties, which offer rental units to those in need. One of these properties is a 40-unit apartment building situated in Dixon, IL. By offering these housing units, Kacee Housing Nfp Inc plays a significant role in ensuring that low-income individuals and families have access to safe and affordable living spaces.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Kacee Housing Nfp Inc's impact is evident through its management, ownership, and development of low-income housing for senior citizens and families. By owning two affordable housing properties, including a 40-unit apartment building in Dixon, IL, Kacee Housing Nfp Inc provides rental units to low and moderate-income individuals and families. Through its mission, the organization plays a vital role in addressing the housing needs of vulnerable populations in the community, contributing to enhanced quality of life and stability for those facing housing insecurity.
This information is meant to be a general summary of Kacee Housing Nfp Inc. 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: $84
- Program Service Revenue: $488,322
- Gross Receipts: $488,406
Assets and Liabilities:
- Total Assets: $2,925,561
- Total Liabilities: $2,970,863
- Net Assets: -$45,302
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTALS
Revenue
$488,322
Organization Details
Founding Year
2012
Phone
(630) 904-4157Principal Officer
Kevin Wagner
Main Address
10033 MANDEL ST, PLAINFIELD, IL, 60544
NTEE Category
Code: L20 - Housing
If you are a representative of Kacee Housing Nfp Inc 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.