Overview
What is Candlewood Community Housing Of Thurston County?
Candlewood Community Housing of Thurston County is a nonprofit organization committed to addressing the housing needs of individuals with low and very low incomes. Their mission is to make affordable housing more accessible by offering necessary goods and services at reduced costs, which are typically not available commercially. Their primary activity revolves around providing low-income housing, ensuring that these essential needs are met within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
Candlewood Community Housing of Thurston County has received a Two-Star rating, indicating some areas of concern regarding its accountability and finance practices. The organization scored 67 overall, reflecting strengths in program expense ratios, which achieved a perfect score of 100%. This suggests that the majority of its expenditures are directed towards its programs, which is a positive indicator for potential donors.
However, the evaluation highlighted significant weaknesses, particularly in governance. The charity has no independent board members, which raises questions about oversight and decision-making practices. Additionally, the organization lacks key transparency components, such as a website listed on its tax forms and a policy for whistleblower protection, which were both missing, affecting its overall accountability score.
While the charity demonstrates a commitment to its programs, the lack of independent governance and transparency measures may deter potential supporters. Addressing these issues could help improve its standing and trust within the community and among donors.
This AI summary has been generated from information found on Charity Navigator.
Is Candlewood Community Housing Of Thurston County legitimate?
Candlewood Community Housing Of Thurston County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Candlewood Community Housing Of Thurston County 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: $14,706
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,802
For more financial information, click here
What is the mission statement of Candlewood Community Housing Of Thurston County?
Candlewood Community Housing Of Thurston County's mission is centered around providing affordable housing solutions. They strive to assist low and very low income individuals by offering a range of goods and services at reduced costs, which are typically not commercially available. The organization's goal is to make housing more accessible and affordable for those who are financially disadvantaged. They aim to contribute positively to the community by addressing the housing needs of its most vulnerable members.
Who is the CEO of Candlewood Community Housing Of Thurston County?
Judy Campbell is the Principal Officer of Candlewood Community Housing Of Thurston County.
What is the revenue of Candlewood Community Housing Of Thurston County?
Candlewood Community Housing Of Thurston County's revenue in 2022 was $485,485.
Who are the executives of Candlewood Community Housing Of Thurston County and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $14,706
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Candlewood Community Housing Of Thurston County?
Candlewood Community Housing Of Thurston County's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Candlewood Community Housing Of Thurston County
Candlewood Community Housing of Thurston County is a dedicated organization that strives to provide affordable housing solutions to individuals falling under the categories of low and very low income. By offering goods and services at reduced costs, which are not typically available commercially, the nonprofit aims to bridge the gap in housing affordability. This initiative enables these income groups to secure a decent living environment, thereby improving their overall quality of life.
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Impact
July, 2024
Candlewood Community Housing of Thurston County's impact is significant in providing low-income housing solutions to individuals in need. By offering affordable housing options to low and very low-income individuals, Candlewood Community Housing plays a crucial role in addressing the housing crisis faced by many in the community. Through its mission of providing goods and services at reduced costs that are not commercially available, Candlewood Community Housing is able to offer a lifeline to those struggling to find affordable housing in Olympia, WA.
This information is meant to be a general summary of Candlewood Community Housing Of Thurston County. 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: $95
- Program Service Revenue: $485,390
- Gross Receipts: $485,485
Assets and Liabilities:
- Total Assets: $3,762,134
- Total Liabilities: $1,468,899
- Net Assets: $2,293,235
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Rev
Revenue
$485,390
Organization Details
Founding Year
1994
Phone
(360) 491-5004Principal Officer
Judy Campbell
Main Address
4500 Martin Way East, Olympia, WA, 98516
NTEE Category
Code: L20 - Housing
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