Overview
What is Community Frameworks?
Community Frameworks is a nonprofit organization situated in Spokane, Washington. With a team of 24 dedicated individuals, their primary mission is to foster affordable housing as a means to revitalize communities. They accomplish this by offering pass-through loans and technical assistance to self-help affordable homeownership programs, primarily utilizing resources from the HUD, across the states of Washington, Idaho, and Montana. Their activities are centered around utilizing housing as a catalyst for community development.
Official website here: www.communityframeworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Community Frameworks has achieved a high rating of 96% on Charity Navigator, indicating strong accountability and financial health. This score is based entirely on their performance in the Accountability & Finance beacon, showcasing the organization's commitment to transparency and responsible financial management.
The organization demonstrates exemplary governance with a fully independent board, comprising 10 members, and comprehensive policies in place, including conflict of interest and whistleblower protections. Their low liabilities to assets ratio at 32.85% and a program expense ratio of 80.54% suggest that a significant portion of their funding is directed towards their programs rather than overhead.
While the scores highlight numerous strengths, it's essential for potential donors and stakeholders to continue monitoring their performance and impact over time. Overall, Community Frameworks stands out as a well-managed nonprofit with robust financial practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Community Frameworks?
100% of 10 reviewers on Facebook endorse Community Frameworks. Here is a summary of their reviews:
The organization is highly praised for its unwavering commitment to the mission of home ownership for all. Reviewers commend the dedicated team for their relentless efforts in advocating for individuals and providing essential support for various housing needs. This dedication has left a positive impression, illustrating how impactful the nonprofit is in the community it serves.
Overall, there is a strong sentiment of appreciation for Community Frameworks. Those who have interacted with the organization feel that it truly delivers on its promises, making a significant difference in helping people achieve their housing goals.
This AI summary has been generated from reviews found on Facebook.
Is Community Frameworks legitimate?
Community Frameworks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Frameworks 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: $987,167
For more financial information, click here
Official website here: www.communityframeworks.org
What is the mission statement of Community Frameworks?
Community Frameworks' mission is centered around fostering community development by facilitating the creation of affordable housing. By doing so, they aim to contribute to the overall well-being and prosperity of communities. This is achieved primarily through the provision of pass-through loans and technical assistance to self-help affordable homeownership programs in Washington, Idaho, and Montana, utilizing resources from HUD.
Official website here: www.communityframeworks.org
Who is the CEO of Community Frameworks?
Deborah Elzinga is the Executive Di of Community Frameworks.
Official website here: www.communityframeworks.org
What is the revenue of Community Frameworks?
Community Frameworks's revenue in 2022 was $6,692,007.
Official website here: www.communityframeworks.org
Who are the executives of Community Frameworks and what are their salaries?
The average compensation at Community Frameworks during 2022 was $41,132. There are 24 employees at Community Frameworks.
Here are 9 key members and their salaries:
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Official website here: www.communityframeworks.org
Where can I find the form 990 for Community Frameworks?
Community Frameworks's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityframeworks.org
Learn more at the official website: www.communityframeworks.org
Mission Statement of Community Frameworks
Community Frameworks, as a nonprofit organization, aims to stimulate community growth by facilitating the creation of affordable housing. This mission serves as a catalyst, fostering an environment where communities can thrive and prosper. To accomplish this, Community Frameworks provides pass-through loans and technical assistance primarily to self-help affordable homeownership programs in Washington, Idaho, and Montana, leveraging resources from the U.S. Department of Housing and Urban Development (HUD).
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Impact
July, 2024
Community Frameworks creates affordable housing as a catalyst to help communities thrive. Through programs like SHOP, which provides pass-through loans and technical assistance to self-help affordable homeownership programs in Washington, Idaho, and Montana, Community Frameworks is able to make a tangible impact on the lives of individuals and families in need of affordable housing. By utilizing HUD resources and focusing on community improvement, Community Frameworks is helping to address the critical issue of housing affordability and stability in the region.
This information is meant to be a general summary of Community Frameworks. 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: $38,963
- Program Service Revenue: $1,959,656
- Gross Receipts: $6,692,007
Assets and Liabilities:
- Total Assets: $20,309,475
- Total Liabilities: $7,150,787
- Net Assets: $13,158,688
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT SERVICES
Revenue
$1,181,464
AFFORDABLE HSG. RENTALS
Revenue
$625,569
OTHER INCOME
Revenue
$110,252
PROGRAM SERVICE
Revenue
$42,371
Organization Details
Founding Year
1974
Phone
(509) 484-6733Principal Officer
Deborah Elzinga
Main Address
907 WEST RIVERSIDE AVENUE, SPOKANE, WA, 99201
Website
www.communityframeworks.orgNTEE Category
Code: S200 - Community improvement
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