Overview
What is Compass Foundation?
Compass Foundation, established in 2020, is a dedicated nonprofit organization situated in Las Vegas, Nevada. Its primary objective is to enhance the lives of families with modest incomes by offering affordable housing solutions. According to Department of Housing and Urban Development (HUD) standards, Compass Foundation focuses on providing housing for low-income individuals and families in Miami, Florida, and the surrounding Miami-Dade County communities. By fulfilling this mission, the foundation aims to contribute significantly to the well-being of those it serves.
Is Compass Foundation legitimate?
Compass Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compass 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Compass Foundation?
The Compass Foundation's mission is focused on enhancing the lives of individuals and families by offering affordable housing options. Established in 2020, the organization is dedicated to securing exempt status with the Internal Revenue Service. Their primary goal is to provide low to moderate income housing, improving living conditions for families nationwide. The Compass Foundation adheres to the Department of Housing and Urban Development (HUD) standards for income and rents within specified communities, demonstrating a commitment to making housing more accessible and affordable.
Who is the CEO of Compass Foundation?
Igor Dorovskikh is the President of Compass Foundation.
What is the revenue of Compass Foundation?
Compass Foundation's revenue in 2022 was $38,395.
Who are the executives of Compass Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Compass Foundation?
Compass Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Compass Foundation
The Compass Foundation, established in 2020, is committed to enhancing the lives of individuals and families by providing affordable housing options. According to the guidelines set by the Department of Housing and Urban Development (HUD), the organization adheres to standards for allowable income and rents within Miami and the surrounding communities of Miami-Dade County. Their primary objective is to make housing more accessible for low-income individuals and families, thereby contributing to their overall well-being.
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Impact
August, 2024
Compass Foundation's impact is centered around providing affordable housing for low-income individuals and families in Miami, FL, and the surrounding communities of Miami-Dade County. Their work is focused on improving the lives of families across America by offering housing options that meet the standards set by the Department of Housing and Urban Development (HUD) for allowable income and rents. Their mission is to address the housing needs of low to moderate-income individuals and families, ultimately helping to create more stable and secure living situations for those in need.
This information is meant to be a general summary of Compass 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $60,464
Assets and Liabilities:
- Total Assets: $487,853
- Total Liabilities: $0
- Net Assets: $487,853
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Organization Details
Founding Year
2020
Phone
(650) 388-0625Principal Officer
Igor Dorovskikh
Main Address
3225 MCLEOD DR 100, LAS VEGAS, NV, 89121
NTEE Category
Code: L40 - Housing
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