Karunainc

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

EIN: 872587965 ✦ La crosse, WI ✦ Designated as a 501(c)(3)

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Overview

What is Karunainc?

Karunainc is a nonprofit organization situated in La Crosse, Wisconsin, specifically at 315 3rd Street South Unit 620. Its primary mission is to strengthen the community and empower homeless individuals by offering them a foundation to cultivate resilience, elevate their personal dignity, and find a life worth living. This is achieved through its primary exempt purpose: providing emergency and permanent housing for those experiencing homelessness or at imminent risk of homelessness, as well as individuals with disabilities or special needs. The organization contracted with the City of La Crosse to ensure that during winter months, anyone in need of shelter had a safe place to stay, demonstrating its commitment to the homeless community in La Crosse. With a workforce of 24 employees, Karunainc continues to make a significant impact in the lives of the underserved, providing a much-needed safety net in their time of need.

Is Karunainc legitimate?

Karunainc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karunainc 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: $279,812

For more financial information, click here

What is the mission statement of Karunainc?

Karunainc's mission is centered around strengthening community and offering support to individuals who are homeless or at risk of becoming homeless. The organization aims to establish a foundation that empowers these individuals to build resilience, enhance their personal dignity, and discover a life worth living. One of the primary objectives of Karunainc is to provide both emergency and permanent housing for those in need, particularly those with disabilities or special needs.

Who is the CEO of Karunainc?

Julia Mcdermid is the Program Dire of Karunainc.

What is the revenue of Karunainc?

Karunainc's revenue in 2022 was $1,079,427.

Who are the executives of Karunainc and what are their salaries?

The average compensation at Karunainc during 2022 was $11,659. There are 24 employees and 10 volunteers at Karunainc.


Here are 6 key members and their salaries:


Julia Mcdermid (Program Dire)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Kara Burgos (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Neuser Fspa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Brown Md-Mph (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisabeth Rask (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schimpf (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Karunainc?

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

Mission Statement of Karunainc

Karunainc, a nonprofit organization, is dedicated to fostering strong communities by establishing a solid foundation to empower individuals who are currently homeless or at risk of becoming homeless. The primary objective of Karunainc is to help these individuals cultivate resilience, enhance their personal dignity, and discover a sense of purpose in life that makes it worth living. Beyond providing emergency and permanent housing, Karunainc's mission extends to catering to individuals with disabilities or special needs, ensuring they receive the necessary support and care. By doing so, Karunainc aims to create a more inclusive and supportive community where every individual has the opportunity to thrive.

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Impact




July, 2024

Karunainc's impact is substantial in the community of La Crosse, Wisconsin, as it provides essential services to empower unsheltered individuals, promote resilience, elevate personal dignity, and help them find value in their lives. The organization's primary focus is to offer emergency and permanent housing to those experiencing homelessness or at risk of homelessness, especially individuals with disabilities or special needs. By contracting with the city to provide emergency shelter during the winter months, Karunainc ensures that those in need have a safe place to stay. Through its mission to create a strong community and empower vulnerable individuals, Karunainc plays a crucial role in addressing the issue of homelessness and improving the lives of those in need.




This information is meant to be a general summary of Karunainc. 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
$1,079,427 (2022)
Expenses
$1,014,558 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23
  • Gross Receipts: $1,079,427

Assets and Liabilities:

  • Total Assets: $61,832
  • Total Liabilities: $938
  • Net Assets: $60,894

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Organization Details

Founding Year

2021

Principal Officer

Julia Mcdermid

Main Address

315 3RD STREET SOUTH UNIT 620, LA CROSSE, WI, 54601

NTEE Category

Code: P20 - Human services

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