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Big Cypress Housing Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 651067124 ✦ Florida city, FL ✦ Designated as a 501(c)(3)

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Overview

What is Big Cypress Housing Corporation?

Big Cypress Housing Corporation, based in Florida City, Florida, is a nonprofit organization with a mission to offer affordable housing solutions to low-income individuals, migrant, and seasonal farmworkers in Collier County, Florida. Their primary activity involves the operation, expansion, or any other activity connected to providing low-cost housing to this specific group of people. With a dedicated workforce of one individual, this corporation plays a crucial role in addressing housing needs in the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (64%)

Big Cypress Housing Corporation has received a rating of "Needs Improvement" from Charity Navigator, indicating that while the organization has strengths, there are significant areas that may require attention. The organization excels in accountability and finance, scoring 100% in this area. Key governance metrics, such as having a majority of independent board members and robust policies on conflict of interest and whistleblowing, also received perfect scores.

Despite these strengths, the organization struggles with its liabilities to assets ratio, scoring 0 out of 15 points. This may suggest potential financial vulnerabilities that could affect its long-term stability and operational effectiveness. Stakeholders may want to closely monitor this aspect of the organization, as it could impact its ability to fulfill its mission.

Overall, while Big Cypress Housing Corporation demonstrates commendable governance practices and accountability, the financial health indicated by the liabilities to assets ratio is a critical area for improvement. Addressing these limitations will be essential for the organization's sustained impact in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Big Cypress Housing Corporation legitimate?

Big Cypress Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Cypress Housing Corporation 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: $157,279

For more financial information, click here

What is the mission statement of Big Cypress Housing Corporation?

The Big Cypress Housing Corporation is dedicated to its primary exempt function, which involves providing affordable housing to low-income individuals and migrant as well as seasonal workers. This organization undertakes various activities, including construction expansion and general operations, with the aim of making housing more accessible to those in need. Its mission can be summarized as working towards providing affordable housing solutions for vulnerable populations. The corporation strives to contribute positively to the housing landscape, ensuring that individuals with limited resources have access to suitable living spaces.

Who is the CEO of Big Cypress Housing Corporation?

Steve Kirk is the Vice Chair of Big Cypress Housing Corporation. The CEO's salary of Big Cypress Housing Corporation is $0 and their total compensation is $0.

What is the revenue of Big Cypress Housing Corporation?

Big Cypress Housing Corporation's revenue in 2022 was $1,248,276.

Who are the executives of Big Cypress Housing Corporation and what are their salaries?

The average compensation at Big Cypress Housing Corporation during 2022 was $157,279. There is 1 employee at Big Cypress Housing Corporation.


Here are 4 key members and their salaries (Big Cypress Housing Corporation's CEO's salary is $0 and their total compensation is $0):


Arturo Lopez (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Rivera (Secreatery)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alphonso Townsel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kirk (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Big Cypress Housing Corporation?

Big Cypress Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Big Cypress Housing Corporation

Big Cypress Housing Corporation is dedicated to providing affordable housing solutions for low-income individuals, migrant workers, and seasonal farmworkers. Their primary mission revolves around operational activities, construction expansion, or any other endeavors that contribute to offering affordable housing options. This nonprofit organization strives to make a significant impact in the lives of these vulnerable groups, ensuring they have access to safe and affordable housing.

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Impact




July, 2024

Big Cypress Housing Corporation's impact lies in its mission to provide low-cost housing to low-income individuals, migrant workers, and seasonal farmworkers in Collier County, Florida. By offering affordable housing options, the organization plays a crucial role in addressing the housing needs of vulnerable populations in the community. Through its activities focused on construction, expansion, and general operations, Big Cypress Housing Corporation contributes to ensuring that these individuals have access to safe and affordable housing options, thereby improving their overall quality of life.




This information is meant to be a general summary of Big Cypress Housing Corporation. 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.

Revenue
$1,248,276 (2022)
Expenses
$1,469,864 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,885
  • Program Service Revenue: $1,242,391
  • Gross Receipts: $1,248,276

Assets and Liabilities:

  • Total Assets: $14,138,805
  • Total Liabilities: $11,445,384
  • Net Assets: $2,693,421

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,236,943

LAUNDRY INCOME

Revenue

$5,448

Organization Details

Founding Year

2001

Principal Officer

Steve Kirk

Main Address

P O BOX 343529, FLORIDA CITY, FL, 33034

NTEE Category

Code: L21 - Housing

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