Overview
What is Counterpoint Commons?
Counterpoint Commons is a nonprofit organization situated in Everett, Washington. It operates as an eleven-unit facility, offering affordable housing specifically designed for individuals with chronic mental illnesses. The primary mission of Counterpoint Commons is to provide a supportive living environment for these tenants, ensuring they have access to housing that caters to their unique needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Counterpoint Commons has achieved a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. With a score of 75%, the organization demonstrates a strong commitment to governance, as evidenced by its perfect scores for independent board members, board size, and policies regarding conflicts of interest.
The financial metrics show that Counterpoint Commons effectively utilizes its resources, with a program expense ratio of 68.94%, which is indicative of a focus on its mission-driven activities. The organization also maintains a reasonable liabilities to assets ratio of 55.87%, suggesting that it manages its financial obligations well.
However, while the overall scores reflect positively on the organization's financial practices, there may still be areas for improvement in its operational transparency, as indicated by the lesser points awarded in the liabilities category. Overall, Counterpoint Commons appears to be a responsible nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Counterpoint Commons legitimate?
Counterpoint Commons is a legitimate nonprofit organization registered as a 501(c)(3) entity. Counterpoint Commons 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
For more financial information, click here
What is the mission statement of Counterpoint Commons?
Counterpoint Commons is committed to providing affordable housing for individuals who are chronically mentally ill. This organization operates as an eleven-unit facility, serving as a vital living space for these individuals. The mission of Counterpoint Commons is fundamentally focused on offering a secure and supportive environment, aiming to improve their overall quality of life. It strives to provide a sense of community and promote independence for its tenants, thereby contributing to their mental well-being.
Who is the CEO of Counterpoint Commons?
Tom Sebastian is the Chair of Counterpoint Commons. The CEO's salary of Counterpoint Commons is $0 and their total compensation is $318,345.
What is the revenue of Counterpoint Commons?
Counterpoint Commons's revenue in 2022 was $130,206.
Who are the executives of Counterpoint Commons and what are their salaries?
There 5 volunteers at Counterpoint Commons.
Here are 7 key members and their salaries (Counterpoint Commons's CEO's salary is $0 and their total compensation is $318,345):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $293,282
- Other: $25,063
- Compensation: $0
- Related: $191,541
- Other: $23,435
Where can I find the form 990 for Counterpoint Commons?
Counterpoint Commons's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Counterpoint Commons
Counterpoint Commons, a nonprofit organization, is dedicated to providing affordable housing for individuals who are chronically mentally ill. This mission is carried out through the operation of an eleven-unit facility that serves as a home for these individuals, offering them a secure and supportive living environment. The primary focus of Counterpoint Commons is to provide a space where individuals who are struggling with mental health issues can reside in a safe and affordable manner. The organization's commitment to this cause is evident in its provision of housing for those in need, aiming to improve their quality of life and overall well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Counterpoint Commons significantly impacts the Everett community by providing stable, affordable housing specifically designed for individuals facing chronic mental illness. This eleven-unit facility offers a safe and supportive environment, helping residents regain a sense of normalcy and independence that can be challenging without secure housing. By addressing the housing needs of this vulnerable population, Counterpoint Commons not only improves the quality of life for its tenants but also contributes to the overall well-being of the community by promoting integration and reducing homelessness. The focus on affordable housing plays a crucial role in enhancing mental health outcomes, fostering resilience, and empowering individuals to thrive in their daily lives.
This information is meant to be a general summary of Counterpoint Commons. 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: -$850
- Program Service Revenue: $33,236
- Gross Receipts: $131,097
Assets and Liabilities:
- Total Assets: $563,177
- Total Liabilities: $292,678
- Net Assets: $270,499
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$33,236
Organization Details
Founding Year
1994
Phone
(425) 349-6200Principal Officer
Tom Sebastian
Main Address
PO BOX 3810, EVERETT, WA, 982138810
NTEE Category
Code: L21 - Housing
If you are a representative of Counterpoint Commons and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.