Overview
What is Milwood Commons?
Milwood Commons is a nonprofit organization situated in Kalamazoo, Michigan, specifically at 2031 E Cork St. Their primary focus is to provide high-quality preschool programs and childcare services in a nurturing environment that encourages physical, emotional, and spiritual growth. This mission is part of their broader aim to foster a healthy, interconnected neighborhood in Milwood, with thriving residents, families, schools, and businesses. They currently employ 38 individuals in their operations.
Official website here: www.milwoodcommons.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Milwood Commons has received a solid Three-Star rating due to its 81% score, highlighting its accountability and financial health. The organization demonstrates robust governance with 100% of its board members being independent, ensuring that decisions are made without conflicts of interest. Furthermore, Milwood Commons has no reported material diversion of assets, which indicates strong management and oversight over its resources.
The nonprofit excels in its program expense ratio, spending approximately 95.76% of its budget directly on programs, which reflects a strong commitment to its mission and the populations it serves. The organization also maintains comprehensive policies, including conflict of interest and whistleblower policies, contributing to transparency and ethical governance.
While Milwood Commons shows strengths in various financial and governance areas, potential donors may still want to consider additional qualitative factors about the organization’s impact and community perception. Overall, the rating indicates a well-managed organization with a strong focus on its core activities.
This AI summary has been generated from information found on Charity Navigator.
Is Milwood Commons legitimate?
Milwood Commons is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwood Commons 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: $95,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $654,495
For more financial information, click here
Official website here: www.milwoodcommons.org
What is the mission statement of Milwood Commons?
Milwood Commons exists with the aim of creating a vibrant and interconnected neighborhood. This includes the prosperity of residents, families, schools, and businesses within the community. The organization strives to foster an environment where all these entities can thrive and grow.
Milwood Commons operates a preschool and childcare center that provides families with high-quality educational programs and childcare services. The center is designed to promote physical, emotional, and spiritual growth in a nurturing and welcoming atmosphere.
In summary, Milwood Commons is committed to developing a thriving neighborhood where all its inhabitants can flourish. They achieve this through their preschool and childcare center, which provides top-notch educational opportunities and care for children in a warm and supportive environment.
Official website here: www.milwoodcommons.org
Who is the CEO of Milwood Commons?
Dan Gregart is the President, T of Milwood Commons.
Official website here: www.milwoodcommons.org
What is the revenue of Milwood Commons?
Milwood Commons's revenue in 2023 was $849,736.
Official website here: www.milwoodcommons.org
Who are the executives of Milwood Commons and what are their salaries?
The average compensation at Milwood Commons during 2023 was $19,740. There are 38 employees and 5 volunteers at Milwood Commons.
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
Official website here: www.milwoodcommons.org
Where can I find the form 990 for Milwood Commons?
Milwood Commons's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.milwoodcommons.org
Learn more at the official website: www.milwoodcommons.org
Mission Statement of Milwood Commons
Milwood Commons, as an organization, exists with the mission to transform Milwood into a vibrant, interconnected neighborhood. This mission encompasses the thriving of its residents, families, schools, and businesses. The goal is to cultivate a community where everyone can grow and prosper, fostering a sense of unity and mutual support.
At the heart of Milwood Commons' mission is the Milwood Commons Preschool and Childcare Center. This facility serves families by offering high-quality preschool programs and childcare services in a nurturing environment. The center is designed to promote physical, emotional, and spiritual growth in each child, creating a foundation for a successful and fulfilling future. By providing these essential services, Milwood Commons contributes to the overall well-being of the community, ensuring that the neighborhood remains a healthy and thriving place for all its residents.
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Impact
July, 2024
Milwood Commons positively impacts the community of Milwood in Kalamazoo, MI, by providing quality preschool programs and childcare services. By offering a warm and nurturing environment that fosters physical, emotional, and spiritual growth, Milwood Commons contributes to the development and well-being of its residents, families, and children. Ultimately, the organization plays a vital role in creating a healthy and interconnected neighborhood where residents, schools, and businesses can thrive.
This information is meant to be a general summary of Milwood Commons. 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 2023.
- Investment Income: $1,983
- Program Service Revenue: $670,902
- Gross Receipts: $849,736
Assets and Liabilities:
- Total Assets: $560,152
- Total Liabilities: $168,975
- Net Assets: $391,177
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$670,902
Organization Details
Founding Year
2014
Phone
(269) 327-0445Principal Officer
Dan Gregart
Main Address
2031 E CORK ST, KALAMAZOO, MI, 49001
Website
www.milwoodcommons.orgNTEE Category
Code: P33 - Human services
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