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Community Services Agency Development Co

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

EIN: 880294837 ✦ Reno, NV ✦ Designated as a 501(c)(3)

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Overview

What is Community Services Agency Development Co?

Community Services Agency Development Co is a nonprofit organization based in Reno, Nevada. Their primary mission is to assist low-income families and individuals, focusing on two key areas: asset building and emergency weatherization services. Through the Assets for Independence federal demonstration program, they aim to develop a savings program for low-income families who do not qualify for other federal assistance programs. Moreover, they provide low-income housing and economic advancement opportunities for individuals living at the poverty level. This nonprofit organization is committed to improving the lives of those in need by offering essential resources and support.


Official website here: www.csareno.org

What are the reviews and ratings of this charity?

Community Services Agency Development Co has earned an impressive Four-Star out of Four Star rating from Charity Navigator, with an overall score of 96%. This high rating reflects the organization’s strong performance in Accountability & Finance. The evaluation emphasizes financial health, efficiency, sustainability, and robust governance practices, indicating a well-managed organization.

One notable strength is the organization’s commitment to financial transparency, as evidenced by its independent board members, all of whom are fully independent. Furthermore, the agency has demonstrated exceptional practices, such as having a thorough conflict of interest policy and documented board meeting minutes, which contribute to its credibility and operational integrity. However, a minor limitation is the absence of a tax form posted on its website, which could enhance transparency further.

While specific user reviews from GreatNonprofits are not available, the strong rating and financial practices highlighted by Charity Navigator suggest a positive sentiment towards the organization. The lack of ratings in areas such as Impact & Measurement, Culture & Community, and Leadership & Adaptability indicates a potential gap in data that might inform stakeholders better.


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

Is Community Services Agency Development Co legitimate?

Community Services Agency Development Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Services Agency Development Co 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: $152,891

For more financial information, click here


Official website here: www.csareno.org

What is the mission statement of Community Services Agency Development Co?

The Community Services Agency Development Co is committed to providing low-income housing and fostering economic advancement for individuals living at the poverty level. As part of its mission, the organization assists families and individuals through a federal demonstration program called Assets for Independence. This program is designed to encourage savings for asset building and provides emergency weatherization services for low-income families who do not qualify for other federal programs.


Official website here: www.csareno.org

Who is the CEO of Community Services Agency Development Co?

Jerry Holloway is the Chair of Community Services Agency Development Co.


Official website here: www.csareno.org

What is the revenue of Community Services Agency Development Co?

Community Services Agency Development Co's revenue in 2022 was $9,561,870.


Official website here: www.csareno.org

Who are the executives of Community Services Agency Development Co and what are their salaries?


Here are 7 key members and their salaries:


Jerry Holloway (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Shepherd (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Robinson (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Jansen (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Pino (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maricela Hyatt (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Renee Largen (Board Memeber)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.csareno.org

Where can I find the form 990 for Community Services Agency Development Co?

Community Services Agency Development Co's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.csareno.org

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

Mission Statement of Community Services Agency Development Co

Community Services Agency Development Co, a nonprofit organization, is dedicated to providing low-income housing and opportunities for economic advancement to individuals living in poverty. Their mission is to assist families and individuals in need, through a federal demonstration program called Assets for Independence. This program aims to establish a savings program for asset building, empowering individuals to build a financial foundation. Additionally, the organization provides emergency weatherization services for low-income families who do not qualify for other federal assistance programs. By offering these services, Community Services Agency Development Co seeks to improve the living conditions and financial stability of those in need, ultimately helping them to break the cycle of poverty.

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Impact




July, 2024

Community Services Agency Development Co's impact is significant in providing low-income housing and promoting economic advancement for individuals at the poverty level. By offering assistance to low-income families through programs like Assets for Independence, the organization helps develop savings programs for asset building and provides emergency weatherization services to those who do not qualify for other federal programs. In doing so, Community Services Agency Development Co plays a vital role in addressing housing issues and supporting economic empowerment for disadvantaged individuals in the community.




This information is meant to be a general summary of Community Services Agency Development Co. 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
$9,561,870 (2022)
Expenses
$893,276 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,677,952
  • Gross Receipts: $9,561,870

Assets and Liabilities:

  • Total Assets: $16,558,785
  • Total Liabilities: $678,133
  • Net Assets: $15,880,652

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Organization Details

Founding Year

1992

Principal Officer

Jerry Holloway

Main Address

PO BOX 10167, RENO, NV, 89510

NTEE Category

Code: L200 - Housing

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