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Channel View Inc

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

EIN: 920169940 ✦ Juneau, AK ✦ Designated as a 501(c)(3)

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Overview

What is Channel View Inc?

Channel View Inc is a nonprofit organization situated in Juneau, Alaska, with a specific focus on providing affordable housing. Based at 8617 Teal Street, they specialize in constructing, owning, and operating high-quality, safe low-income housing units for eligible households in need. With a total of 22 units, their mission is to ensure that these households have a secure and comfortable living space, contributing positively to their overall well-being.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 49% (Zero-Star out of Four Star rating)

Channel View Inc has received a poor rating of 49%, primarily reflecting concerns about its accountability and financial management practices. This score is derived solely from the Accountability & Finance beacon, highlighting significant weaknesses in financial transparency and operational metrics. The low score indicates that potential donors should approach with caution.

The organization does have some strengths, including a fully independent board, which consists of 75% independent members, and a managed approach to asset diversion. However, critical policies such as the conflict of interest and whistleblower policies are missing, indicating a lack of comprehensive governance practices that could enhance donor confidence.

Moreover, the organization reported a program expense ratio of 0.00%, raising questions about its effectiveness in utilizing funds for its intended programs. While the documentation and governance structure show promise, the overall financial accountability issues are significant and may deter potential support from the public.


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

Is Channel View Inc legitimate?

Channel View Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Channel View Inc 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 Channel View Inc?

Channel View Inc is committed to constructing, owning, and operating high-quality, safe housing units for eligible low-income households. Their primary mission is to provide a living space that caters to the needs of these households, ensuring their safety and well-being. As of now, they have successfully managed Channel View, a low-income housing building with 22 units.

Who is the CEO of Channel View Inc?

Dave Ringle is the President of Channel View Inc.

What is the revenue of Channel View Inc?

Channel View Inc's revenue in 2022 was $35,938.

Who are the executives of Channel View Inc and what are their salaries?


Here are 5 key members and their salaries:


Stephen Sorensen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Branding (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Ringle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariya Lovishchuk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scot Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Channel View Inc?

Channel View Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Channel View Inc

Channel View Inc, as a nonprofit organization, is committed to constructing, owning, and operating high-quality, safe housing units for low-income eligible households. Their mission is geared towards providing a living space that caters to the needs of those who are economically disadvantaged, ensuring their safety and well-being. One of the ways Channel View Inc fulfills this mission is by operating Channel View, a low-income housing building comprising 22 units. This building serves as a testament to the organization's dedication to providing quality and secure living spaces for those in need.

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Impact




August, 2024

Channel View Inc's impact can be seen in the provision of quality, safe low-income housing for eligible households in Juneau, Alaska. By owning and operating Channel View, which offers 22 units for low-income individuals and families, this organization addresses the critical need for affordable housing in the community. Through its mission to construct, own, and maintain such housing options, Channel View Inc plays a vital role in supporting low-income individuals and families in securing a stable and secure living environment.




This information is meant to be a general summary of Channel View Inc. 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
$35,938 (2022)
Expenses
$42,480 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17
  • Gross Receipts: $351,959

Assets and Liabilities:

  • Total Assets: $1,899,764
  • Total Liabilities: $1,100,551
  • Net Assets: $799,213

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Organization Details

Founding Year

1999

Principal Officer

Dave Ringle

Main Address

8617 TEAL STREET, JUNEAU, AK, 99801

NTEE Category

Code: L20 - Housing

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