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Cook Inlet Housing Development Corporation

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

EIN: 920103000 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

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Overview

What is Cook Inlet Housing Development Corporation?

Cook Inlet Housing Development Corporation, based in Anchorage, Alaska, is a nonprofit organization that focuses on charitable activities. Their primary mission is to provide housing and medical services to the elderly and those in need. Directly or indirectly, their efforts are aimed at bettering the lives of these individuals, as well as pursuing other charitable purposes as determined by their board of directors. Their headquarters can be found at 3510 Spenard Road 100, Anchorage, AK 99503.


Official website here: www.cookinlethousing.org/

What are the reviews and ratings of this charity?

Cook Inlet Housing Development Corporation has received a Three-Star out of Four Star rating from Charity Navigator, with an overall score of 77%. This rating is derived solely from the organization's Accountability & Finance metrics, indicating a strong focus on financial integrity. Key strengths include an entirely independent board, robust financial oversight practices, and full program expense ratios, suggesting effective use of funds towards its mission.

The organization excels in areas such as having a clear conflict of interest policy and appropriate document retention protocols. However, it does have some limitations, particularly in the absence of a whistleblower policy and a low score for liabilities to assets ratio, which could indicate potential financial risk.

User reviews from GreatNonprofits were not available for this organization, limiting insights into the sentiment of those who have engaged with its programs. Overall, the financial accountability and independence of Cook Inlet Housing Development Corporation are noteworthy, but further insights on its impact and community engagement would be beneficial for a comprehensive understanding of its operations.


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

What do the Facebook reviews say about Cook Inlet Housing Development Corporation?

88% of 14 reviewers recommend Cook Inlet Housing Development Corporation. Here’s a summary of what they are saying:

Overall, impressions of the nonprofit largely reflect satisfaction with their facilities and services. One reviewer praised the beauty of the Eagle River building where their elderly mother resides, indicating a generally positive experience. However, there was a serious concern raised about a potentially dangerous situation involving a gas leak during a barbecue event. The reviewer expressed disappointment with the response they received when reporting the issue, feeling that it could have been managed more effectively.

While there are positive notes regarding the living conditions and amenities, the mention of poor customer service in response to a critical safety issue underscores a need for improvement in communication and responsiveness from the organization. Balancing the positive aspects of residents' experiences with the call for better emergency handling paints a complex picture of the organization's current performance.


This AI summary has been generated from reviews found on Facebook.

Is Cook Inlet Housing Development Corporation legitimate?

Cook Inlet Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cook Inlet Housing Development Corporation 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: $1,172,419

For more financial information, click here


Official website here: www.cookinlethousing.org/

What is the mission statement of Cook Inlet Housing Development Corporation?

The Cook Inlet Housing Development Corporation is dedicated to carrying out charitable activities, primarily through the provision of housing and medical services for the elderly and those in need. The organization's mission is flexible, allowing the board of directors to determine other charitable purposes as well. The corporation's primary focus is on addressing the housing and healthcare needs of vulnerable individuals, aligning with its overall charitable objectives.


Official website here: www.cookinlethousing.org/

Who is the CEO of Cook Inlet Housing Development Corporation?

Clayton Bourne is the Chairman of Cook Inlet Housing Development Corporation.


Official website here: www.cookinlethousing.org/

What is the revenue of Cook Inlet Housing Development Corporation?

Cook Inlet Housing Development Corporation's revenue in 2022 was $10,539,669.


Official website here: www.cookinlethousing.org/

Who are the executives of Cook Inlet Housing Development Corporation and what are their salaries?

There 5 volunteers at Cook Inlet Housing Development Corporation.


Here are 5 key members and their salaries:


Michael Boling (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Morris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Juliussen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Duke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Donatelli (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cookinlethousing.org/

Where can I find the form 990 for Cook Inlet Housing Development Corporation?

Cook Inlet Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cookinlethousing.org/

Learn more at the official website: www.cookinlethousing.org/

Mission Statement of Cook Inlet Housing Development Corporation

Cook Inlet Housing Development Corporation is a charitable organization that carries out its mission through various activities, both directly and indirectly. One of its primary objectives is to provide housing for individuals in need. Beyond this, the corporation also offers medical services specifically tailored to the elderly community. Furthermore, the organization's board of directors has the authority to determine and execute other charitable purposes as they see fit. In essence, Cook Inlet Housing Development Corporation serves as a beacon of support and assistance for the elderly and needy, providing them with essential housing and medical services to improve their quality of life.

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Impact




July, 2024

Cook Inlet Housing Development Corporation plays a pivotal role in providing housing and medical services to the elderly and needy in Anchorage, Alaska. Through its charitable activities, it addresses the pressing needs of vulnerable populations, ensuring they have access to safe and affordable housing options. By focusing on the well-being of individuals in these communities, the organization positively impacts the lives of many who may not have had such support otherwise.




This information is meant to be a general summary of Cook Inlet Housing Development Corporation. 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
$10,539,669 (2022)
Expenses
$15,694,901 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,005
  • Gross Receipts: $10,539,669

Assets and Liabilities:

  • Total Assets: $139,220,457
  • Total Liabilities: $104,411,787
  • Net Assets: $34,808,670

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Organization Details

Founding Year

1985

Principal Officer

Clayton Bourne

Main Address

3510 SPENARD ROAD 100, ANCHORAGE, AK, 99503

NTEE Category

Code: L120 - Housing

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