Overview
What is Community Innovations Inc?
Community Innovations Inc is a nonprofit organization situated in Knoxville, Tennessee, with the address 8907 Linksvue Drive. Their main mission is to offer subsidized housing facilities and services to the elderly, handicapped, and underprivileged individuals. In 2022, their remaining asset, amounting to $1,907,840, was donated to The Watkins Family Foundation, Inc., a fellow 501(c)(3) organization. This donation is detailed in a separate schedule. Community Innovations Inc continues to provide essential housing and support services to those in need.
Is Community Innovations Inc legitimate?
Community Innovations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Innovations 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
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What is the mission statement of Community Innovations Inc?
Community Innovations Inc is an organization committed to providing subsidized housing facilities and services to the elderly, handicapped, and underprivileged individuals. Their mission is to contribute to the well-being of these vulnerable groups by offering them necessary housing solutions and related services. In 2022, their remaining asset, amounting to 1,907,840, was transferred to The Watkins Family Foundation, Inc., a 501(c)(3) organization, indicating their dedication to charitable causes. Despite distributing their primary asset, Community Innovations Inc continues to operate, focusing on its original mission of offering housing solutions and services to those in need.
Who is the CEO of Community Innovations Inc?
Ronald A Watkins is the President of Community Innovations Inc.
What is the revenue of Community Innovations Inc?
Community Innovations Inc's revenue in 2022 was $0.
Who are the executives of Community Innovations Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Community Innovations Inc?
Community Innovations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Innovations Inc
Community Innovations Inc, a nonprofit organization, is committed to providing subsidized housing facilities and services for the elderly, handicapped, and underprivileged individuals. The mission of this organization revolves around ensuring that these vulnerable groups have access to necessary living accommodations and support services. By doing so, Community Innovations Inc aims to contribute positively to the well-being and quality of life of these individuals. In 2022, the organization made a significant contribution by distributing its remaining assets, totaling $1,907,840, to the Watkins Family Foundation Inc, a 501(c)(3) organization. This transfer of funds indicates Community Innovations Inc's dedication to furthering its mission and supporting similar causes.
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Impact
October, 2024
Community Innovations Inc has made a significant impact by providing crucial housing facilities and services targeted at the elderly, handicapped, and underprivileged populations. In 2022, the organization allocated its remaining resources, distributing cash assets amounting to $1,907,840 to the Watkins Family Foundation, Inc. This strategic decision has ensured the continuation of support for vulnerable communities, enhancing access to essential housing and services. By focusing on subsidized housing, the organization has played a vital role in addressing housing insecurity and fostering stability for those most in need in Knoxville, TN. Through these efforts, Community Innovations Inc has contributed to improving the quality of life for individuals facing significant challenges in securing safe and affordable housing.
This information is meant to be a general summary of Community Innovations 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1980
Phone
(865) 524-7777Principal Officer
Ronald A Watkins
Main Address
8907 LINKSVUE DRIVE, KNOXVILLE, TN, 37922
NTEE Category
Code: L22Z - Housing
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