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Atlantis Community Foundation

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

EIN: 841454927 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Atlantis Community Foundation?

Atlantis Community Foundation is a nonprofit organization situated in Denver, Colorado, specifically at 201 South Cherokee Street, 80223. Its primary mission is to facilitate the integration of individuals with disabilities into various aspects of society. They achieve this by ensuring the availability of accessible and affordable housing, operating residential units in six locations across the city. These units cater to individuals with disabilities and also provide low-income housing for qualified individuals. The foundation's activities are geared towards assisting people with disabilities, with a total workforce of 3 dedicated individuals.


Official website here: www.atlantiscommunity.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% - Four-Star out of Four Star rating from Charity Navigator.

The Atlantis Community Foundation has achieved an impressive overall score of 96%, reflecting its strong commitment to accountability and financial health. With a majority of its board members being independent, the organization demonstrates a robust governance structure, which is essential for maintaining transparency and credibility in its operations.

The foundation excels in several key areas, including the management of its financial statements, where it received full points in audit and oversight. Additionally, there are no material diversions of assets reported, and the organization meets all requirements for documented policies, indicating a well-organized and ethically guided framework.

However, while the foundation shows strong financial stability with a program expense ratio of 72.83%, which suggests a focus on programmatic activities, continuous monitoring of its financial ratios and board independence will be important for sustaining its high standards in the future. Overall, Atlantis Community Foundation stands out as a well-managed organization dedicated to its mission.


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

Is Atlantis Community Foundation legitimate?

Atlantis Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlantis Community Foundation 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.atlantiscommunity.org

What is the mission statement of Atlantis Community Foundation?

The Atlantis Community Foundation has been established with a mission to aid individuals with disabilities by ensuring the availability of integrated housing. In essence, their goal is to facilitate the integration of people with disabilities into various aspects of society, primarily through the provision of accessibly and affordably priced integrated housing. The organization operates residential units in multiple locations, providing affordable and accessible housing options for individuals with disabilities, as well as low-income housing for those who qualify, furthering their mission of social integration.


Official website here: www.atlantiscommunity.org

Who is the CEO of Atlantis Community Foundation?

Pat Coyle is the Secretary of Atlantis Community Foundation.


Official website here: www.atlantiscommunity.org

What is the revenue of Atlantis Community Foundation?

Atlantis Community Foundation's revenue in 2022 was $2,289,153.


Official website here: www.atlantiscommunity.org

Who are the executives of Atlantis Community Foundation and what are their salaries?

The average compensation at Atlantis Community Foundation during 2022 was $33,333. There are 3 employees and 6 volunteers at Atlantis Community Foundation.


Here are 7 key members and their salaries:


Susan Niner (Secretary)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Lloyd Lewis (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don W Carver (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Glasener (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Stahlman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Coyle (Executive Director)
  • Compensation: $95,000
  • Related: $0
  • Other: $0


Official website here: www.atlantiscommunity.org

Where can I find the form 990 for Atlantis Community Foundation?

Atlantis Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.atlantiscommunity.org

Learn more at the official website: www.atlantiscommunity.org

Mission Statement of Atlantis Community Foundation

Atlantis Community Foundation, a nonprofit organization, was established with the mission to aid individuals with disabilities by ensuring the availability of integrated housing. Their objective is to assist these individuals in integrating into various aspects of society, specifically by providing accessibly and affordably priced integrated housing. The foundation operates residential units in six different locations to provide affordable and accessible housing for people with disabilities, as well as low-income housing for other qualified individuals. By providing such housing, Atlantis Community Foundation plays a crucial role in enabling individuals with disabilities to participate fully in the community and live independently.

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Impact




July, 2024

Atlantis Community Foundation's impact is significant in providing integrated housing options for individuals with disabilities. Through the operation of residential units in six locations in Denver, Colorado, the foundation ensures that affordable, accessible housing is available for persons with disabilities. Additionally, Atlantis Community Foundation extends low-income housing opportunities to other individuals who qualify, promoting inclusivity and integration within society. By focusing on accessible, affordable housing, the foundation plays a crucial role in assisting individuals with disabilities to integrate into various aspects of community life.




This information is meant to be a general summary of Atlantis Community Foundation. 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
$2,289,153 (2022)
Expenses
$1,883,325 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$35,897
  • Program Service Revenue: $2,197,051
  • Gross Receipts: $2,524,200

Assets and Liabilities:

  • Total Assets: $21,179,549
  • Total Liabilities: $8,136,155
  • Net Assets: $13,043,394

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Programs

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

DEVELOPER FEES

Revenue

$957,030

SUBSIDIZED HOUSING

Revenue

$893,443

RENT RELATED REVENUE

Revenue

$346,578

Organization Details

Founding Year

1998

Principal Officer

Pat Coyle

Main Address

201 SOUTH CHEROKEE STREET, DENVER, CO, 80223

NTEE Category

Code: L20 - Housing

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