Overview
What is Wyoming Non-Profit Housing Corp?
Wyoming Non-Profit Housing Corp, established under Michigan law, is a nonprofit organization primarily dedicated to providing housing facilities for individuals with low and moderate incomes. Beyond offering residential spaces, the corporation also ensures the availability of social, recreational, commercial, and communal facilities to enrich the overall living experience in areas with authority-aided or federally-aided housing. The organization's mission is ingrained in its purpose to improve the viability of these communities by enhancing their residential areas.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Wyoming Non-Profit Housing Corp has received an 81% rating from Charity Navigator, which reflects a solid level of accountability and financial health, resulting in a Three-Star rating. The organization scores particularly well in accountability metrics, with a perfect score for having a fully independent board and robust oversight practices in place. The absence of material diversion of assets further highlights its commitment to financial integrity.
The organization also demonstrates strong financial management, indicated by a program expense ratio of 84.47%, meaning a significant portion of its expenditures directly supports its programs. This suggests that the nonprofit is effectively utilizing its resources to fulfill its mission of providing housing solutions. The presence of policies related to conflict of interest, whistleblower protection, and document retention adds to its credibility.
However, while the organization shows strengths in governance and financial accountability, the rating indicates that there may be room for improvement in other areas not solely reflected in the financial metrics. A comprehensive evaluation of program outcomes and impact could further enhance its standing within the nonprofit sector. Overall, Wyoming Non-Profit Housing Corp stands as a reliable option for donors seeking to support housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Wyoming Non-Profit Housing Corp legitimate?
Wyoming Non-Profit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wyoming Non-Profit Housing Corp 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.csi.coop
What is the mission statement of Wyoming Non-Profit Housing Corp?
The Wyoming Non-Profit Housing Corp, established under Michigan law, is primarily focused on providing housing facilities for individuals with low and moderate income. In line with its mission, the corporation offers various social, recreational, commercial, and communal facilities to enhance the living experience in residential areas where authority-aided or federally-aided housing is located or planned. The organization's overall goal is to contribute to the viability and improvement of these housing areas, ensuring they serve their intended population effectively.
Official website here: www.csi.coop
Who is the CEO of Wyoming Non-Profit Housing Corp?
Cindy Lamb is the President of Wyoming Non-Profit Housing Corp.
Official website here: www.csi.coop
What is the revenue of Wyoming Non-Profit Housing Corp?
Wyoming Non-Profit Housing Corp's revenue in 2022 was $1,707,119.
Official website here: www.csi.coop
Who are the executives of Wyoming Non-Profit Housing Corp and what are their salaries?
Here are 17 key members and their salaries:
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- Related: $191,147
- Other: $34,117
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- Other: $48,583
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- Related: $158,517
- Other: $44,849
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- Related: $174,841
- Other: $58,635
Official website here: www.csi.coop
Where can I find the form 990 for Wyoming Non-Profit Housing Corp?
Wyoming Non-Profit Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csi.coop
Learn more at the official website: www.csi.coop
Mission Statement of Wyoming Non-Profit Housing Corp
Wyoming Non-Profit Housing Corp, established under Michigan Public Acts, has a mission to provide housing facilities for individuals with low and moderate income. The corporation's primary objective is to cater to the housing needs of this specific demographic, ensuring they have access to safe and comfortable living spaces. In addition to this, Wyoming Non-Profit Housing Corp also strives to offer any necessary social, recreational, commercial, and communal facilities within the residential areas that house authority-aided or federally-aided housing. By doing so, the corporation aims to enhance the overall viability of these housing areas. This mission, in essence, is centered around ensuring that individuals with limited financial resources have access to decent living conditions and the facilities necessary for a well-rounded living experience.
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Impact
July, 2024
Wyoming Non-Profit Housing Corp's impact lies in providing housing facilities for persons of low and moderate income in the city of Warren, Michigan. By focusing on this mission, the organization plays a crucial role in addressing the housing needs of vulnerable populations and enhancing the viability of residential areas where authority-aided or federally-aided housing is located or planned to be located. Through its efforts, Wyoming Non-Profit Housing Corp contributes to improving the quality of life for individuals and families in need of affordable housing solutions.
This information is meant to be a general summary of Wyoming Non-Profit Housing Corp. 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: $1,792
- Program Service Revenue: $1,681,582
- Gross Receipts: $1,707,119
Assets and Liabilities:
- Total Assets: $9,558,396
- Total Liabilities: $10,694,629
- Net Assets: -$1,136,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,681,582
Organization Details
Founding Year
2019
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE ROAD, WARREN, MI, 48093
Website
www.csi.coopNTEE Category
Code: L22 - Housing
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