Overview
What is Collin's Way Inc C/O Community Living Inc Mgmt Agent?
Collin's Way Inc, acting under the management of Community Living Inc, is a nonprofit organization situated in Frederick, Maryland. Their primary mission is to offer supportive residential facilities for individuals with developmental disabilities. By providing these facilities, they aim to enhance the quality of life for these individuals, ensuring they receive the appropriate care and support they need. Collin's Way Inc's activities are centered around offering a nurturing environment that fosters growth and independence for those in their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall score: 73%)
Collin's Way Inc, managed by Community Living Inc, has received a rating of "Needs Improvement" from Charity Navigator, indicating areas where the organization could enhance its performance. The organization has scored well in governance aspects, achieving full marks for having a majority of independent board members and a strong conflict of interest policy. The presence of whistleblower and document retention policies also contributes positively to its accountability.
However, the nonprofit has a notable concern regarding its financial health, with a liabilities to assets ratio of 189.60%, which significantly impacts its overall score. While it maintains a decent program expense ratio of 65.16%, indicating a reasonable amount of expenses directed toward programs, the high liabilities raise red flags about its sustainability and financial management. This could hinder the organization's ability to fulfill its mission effectively in the long run.
Overall, while Collin's Way Inc demonstrates strong governance practices, the financial issues highlighted in the ratings suggest a need for better fiscal oversight and management to improve stability and enhance its ability to serve the community.
This AI summary has been generated from information found on Charity Navigator.
Is Collin's Way Inc C/O Community Living Inc Mgmt Agent legitimate?
Collin's Way Inc C/O Community Living Inc Mgmt Agent is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collin's Way Inc C/O Community Living Inc Mgmt Agent 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 Collin's Way Inc C/O Community Living Inc Mgmt Agent?
Collin's Way Inc, under the management of Community Living Inc, is committed to providing supportive residential facilities for individuals with developmental disabilities. Their mission is to create an environment that fosters their growth and development, offering them a place where they can live with dignity and independence. The organization focuses on tailoring its services to meet the unique needs of each resident, ensuring they receive the care and support they require to lead fulfilling lives. Additionally, Collin's Way Inc strives to promote inclusion and understanding within the community, raising awareness about the capabilities and potential of individuals with developmental disabilities.
Who is the CEO of Collin's Way Inc C/O Community Living Inc Mgmt Agent?
Michael Planz is the Secretary of Collin's Way Inc C/O Community Living Inc Mgmt Agent. The CEO's salary of Collin's Way Inc C/O Community Living Inc Mgmt Agent is $0 and their total compensation is $136,717.
What is the revenue of Collin's Way Inc C/O Community Living Inc Mgmt Agent?
Collin's Way Inc C/O Community Living Inc Mgmt Agent's revenue in 2022 was $77,491.
Who are the executives of Collin's Way Inc C/O Community Living Inc Mgmt Agent and what are their salaries?
Here are 11 key members and their salaries (Collin's Way Inc C/O Community Living Inc Mgmt Agent's CEO's salary is $0 and their total compensation is $136,717):
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- Related: $96,952
- Other: $4,400
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- Related: $131,669
- Other: $5,048
Where can I find the form 990 for Collin's Way Inc C/O Community Living Inc Mgmt Agent?
Collin's Way Inc C/O Community Living Inc Mgmt Agent's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Collin's Way Inc C/O Community Living Inc Mgmt Agent
Collin's Way Inc C/O Community Living Inc Mgmt Agent is committed to providing supportive residential facilities for individuals with developmental disabilities. Their mission is centered around creating an environment that fosters the growth and development of these individuals, offering them a place to call home. By providing these supportive residential facilities, Collin's Way Inc aims to contribute positively to the lives of those with developmental disabilities, enabling them to live as independently and fulfilling a life as possible.
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Impact
August, 2024
Collin's Way Inc C/O Community Living Inc Mgmt Agent's impact lies in providing supportive residential facilities for the developmentally disabled in Frederick, MD. Their mission is to offer much-needed housing support to this vulnerable population, ensuring they have a safe and welcoming environment to thrive in. Through their efforts, individuals with developmental disabilities can access the care and resources they need to lead fulfilling lives within the community.
This information is meant to be a general summary of Collin's Way Inc C/O Community Living Inc Mgmt Agent. 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: $19
- Program Service Revenue: $77,472
- Gross Receipts: $77,491
Assets and Liabilities:
- Total Assets: $480,845
- Total Liabilities: $866,050
- Net Assets: -$385,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$48,518
HOUSING ASSITANCE PAYM
Revenue
$28,954
Organization Details
Founding Year
1994
Phone
(301) 663-8811Principal Officer
Michael Planz
Main Address
620-B RESEARCH COURT, FREDERICK, MD, 21703
NTEE Category
Code: L20Z - Housing
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