Overview
What is Compass Realty & Construction Group?
Compass Realty & Construction Group is a nonprofit organization situated in Fort Smith, Arkansas. Their primary mission is to improve living standards through housing and community development. They achieve this goal by offering realty and construction services to various entities, including the Housing Authority of Fort Smith, organizations catering to low-income households, and the general population. By providing these essential services, Compass Realty & Construction Group contributes to creating affordable housing opportunities within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Compass Realty & Construction Group has received a Three-Star rating from Charity Navigator, indicating solid performance in accountability and finance. The overall score is primarily derived from a strong accountability and finance assessment, reflecting a commitment to financial transparency and governance.
Strengths of the organization include a high percentage of independent board members, effective oversight with no material diversion of assets, and a strong program expense ratio, signifying that all funds are utilized toward its programs. They have established several key policies, such as a conflict of interest policy, which further enhances their credibility.
However, there are notable limitations, including the absence of a whistleblower policy and a document retention and destruction policy. These gaps could affect the organization’s overall accountability framework. Despite these areas for improvement, the organization demonstrates a strong commitment to effective management and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Compass Realty & Construction Group legitimate?
Compass Realty & Construction Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass Realty & Construction Group 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 Compass Realty & Construction Group?
Compass Realty & Construction Group's mission is centered around improving the quality of life. They achieve this by providing realty and construction services, extending their reach to housing authorities, organizations, individuals serving low-income households, and the general public. Their primary goal is to promote affordable housing opportunities, thereby contributing to community development.
Who is the CEO of Compass Realty & Construction Group?
Mitchell Minnick is the Chairman of Compass Realty & Construction Group.
What is the revenue of Compass Realty & Construction Group?
Compass Realty & Construction Group's revenue in 2022 was $2,160,169.
Who are the executives of Compass Realty & Construction Group and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $112,933
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- Compensation: $0
- Related: $151,976
- Other: $20,514
Where can I find the form 990 for Compass Realty & Construction Group?
Compass Realty & Construction Group's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Compass Realty & Construction Group
Compass Realty & Construction Group, as an organization, is committed to enhancing the quality of life for individuals and communities. They accomplish this mission by focusing on affordable housing opportunities. Through their realty and construction services, they cater to the Housing Authority of the City of Fort Smith, organizations, and individuals serving low-income households, as well as the general public. By providing these services, Compass Realty & Construction Group contributes to creating a more equitable housing landscape, ensuring that affordable housing options are accessible to all.
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Impact
July, 2024
Compass Realty & Construction Group's impact is centered around furthering affordable housing opportunities primarily in Fort Smith, Arkansas. By providing realty and construction services to the Housing Authority of the City of Fort Smith, as well as organizations and individuals serving low-income households, the organization plays a crucial role in improving the quality of life through housing and community development. Their mission is dedicated to ensuring that more people have access to safe and affordable housing, ultimately making a positive difference in the community.
This information is meant to be a general summary of Compass Realty & Construction Group. 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: $275
- Program Service Revenue: $1,262,025
- Gross Receipts: $2,160,169
Assets and Liabilities:
- Total Assets: $430,216
- Total Liabilities: $171,976
- Net Assets: $258,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSTRUCTION INCOME
Revenue
$1,056,031
REAL ESTATE COMMISSIONS
Revenue
$145,670
MANAGEMENT FEE
Revenue
$60,324
Organization Details
Founding Year
2015
Phone
(479) 782-4991Principal Officer
Mitchell Minnick
Main Address
2100 N 31ST STREET, FORT SMITH, AR, 729046140
NTEE Category
Code: L20 - Housing
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