Overview
What is Center On Independent Living Community Development Corporation?
The Center On Independent Living Community Development Corporation, situated in San Antonio, Texas, is a dedicated nonprofit organization. Its primary mission involves developing and offering safe, affordable housing options for individuals with disabilities and the elderly. The Center manages three complexes, including an 18-unit complex, a 20-unit apartment complex, and a 24-unit duplex/apartment complex, all equipped with full handicap support systems. This initiative aims to promote self-sufficiency, independent living, and boost the self-esteem of its residents. The organization's purpose is to augment the availability of affordable, accessible housing solutions for this specific community.
Official website here: www.coilcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Center On Independent Living Community Development Corporation has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is based entirely on the charity's Accountability & Finance metrics, indicating a strong commitment to transparency and responsible financial management. The charity demonstrated exceptional governance with a fully independent board and solid financial oversight, earning maximum points in several categories.
Strengths of the organization include its high program expense ratio of 89.67%, suggesting that a significant portion of its funding is directed towards its mission-related activities. Additionally, it has scored well in areas such as conflict of interest and financial audits, showing a commitment to ethical practices. The organization has also established effective oversight mechanisms, as evidenced by its independent board structure and regular documentation of board meeting minutes.
However, the charity's rating reflects some limitations, particularly in the absence of a whistleblower policy and a document retention and destruction policy, which could enhance accountability and governance. Furthermore, its liabilities to assets ratio of 65.51% indicates a moderate level of debt compared to its assets, which could warrant further examination. Overall, while the Center On Independent Living Community Development Corporation showcases commendable financial practices, there are areas for potential improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Center On Independent Living Community Development Corporation legitimate?
Center On Independent Living Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center On Independent Living Community Development 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: $47,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,120
For more financial information, click here
Official website here: www.coilcdc.org
What is the mission statement of Center On Independent Living Community Development Corporation?
The Center On Independent Living Community Development Corporation's mission is centered around enhancing the availability of affordable and accessible housing options for individuals with disabilities and the elderly. Their purpose is to increase the supply of such housing alternatives, aiming to promote self-sufficiency and a boost in self-esteem among its residents. Through their management, the center provides comprehensive handicap support systems within their facilities, including an 18-unit complex, a 20-unit apartment complex, and a 24-unit duplex/apartment complex. This approach encourages independent living, fostering a sense of empowerment among the residents.
Official website here: www.coilcdc.org
Who is the CEO of Center On Independent Living Community Development Corporation?
Joy Reiner Cpa is the Executive Director of Center On Independent Living Community Development Corporation.
Official website here: www.coilcdc.org
What is the revenue of Center On Independent Living Community Development Corporation?
Center On Independent Living Community Development Corporation's revenue in 2022 was $506,930.
Official website here: www.coilcdc.org
Who are the executives of Center On Independent Living Community Development Corporation and what are their salaries?
The average compensation at Center On Independent Living Community Development Corporation during 2022 was $35,134. There are 2 employees and 3 volunteers at Center On Independent Living Community Development Corporation.
Here are 4 key members and their salaries:
- Compensation: $47,148
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.coilcdc.org
Where can I find the form 990 for Center On Independent Living Community Development Corporation?
Center On Independent Living Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coilcdc.org
Learn more at the official website: www.coilcdc.org
Mission Statement of Center On Independent Living Community Development Corporation
The Center on Independent Living Community Development Corporation is devoted to enhancing the availability of affordable, accessible housing options for individuals with disabilities and the elderly. This nonprofit organization's primary purpose is to increase the supply of such housing alternatives, aiming to promote independent living, self-sufficiency, and a heightened sense of individual self-esteem. To accomplish this, the Center develops and maintains several housing complexes, including an 18-unit complex, a 20-unit apartment complex, and a 24-unit duplex/apartment complex, all designed with handicap support systems to facilitate the daily lives of its residents. By providing these housing facilities and supporting systems, the Center on Independent Living Community Development Corporation contributes to the empowerment and improved quality of life for individuals with disabilities and elderly persons.
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Impact
July, 2024
Center On Independent Living Community Development Corporation has a significant impact on the community by developing and providing safe, affordable housing for individuals with disabilities and elderly persons in San Antonio, TX. The organization manages an 18 unit complex, a 20 unit apartment complex, and a 24 unit duplex/apartment complex, all equipped with full handicap support systems to promote independent living, self-sufficiency, and improved self-esteem for its residents. Through its mission to increase the supply of affordable accessible housing alternatives, the Center plays a vital role in supporting the housing needs of vulnerable populations and fostering an inclusive community.
This information is meant to be a general summary of Center On Independent Living Community Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $92
- Program Service Revenue: $506,838
- Gross Receipts: $506,930
Assets and Liabilities:
- Total Assets: $3,437,272
- Total Liabilities: $2,251,796
- Net Assets: $1,185,476
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$506,838
Organization Details
Founding Year
2001
Phone
(210) 599-0056Principal Officer
Joy Reiner Cpa
Main Address
12414 Nacogdoches Road STE 140, San Antonio, TX, 782172147
Website
www.coilcdc.orgNTEE Category
Code: L20 - Housing
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