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Kaweah Management Company

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

EIN: 942438334 ✦ Visalia, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kaweah Management Company?

Kaweah Management Company is a nonprofit organization situated in Visalia, California. Their primary mission lies in providing affordable housing solutions for individuals in need, through programs like Section 202 and Section 8 of the National Housing Act. By offering low-rent housing, the company significantly enhances the living conditions of its beneficiaries, far exceeding what they would have without these services.

What are the reviews and ratings of this charity?

**Kaweah Management Company - Rating: Needs Improvement (71%)**

Kaweah Management Company has received a "Needs Improvement" rating from Charity Navigator, reflecting a moderate level of accountability and finance management. The organization shows strengths such as having all independent board members and a solid score in financial oversight with no material diversion of assets reported. However, they fall short in key areas like the absence of critical policies and missing documentation on their website, which significantly impacts their overall score.

The accountability metrics highlight the organization's commitment to transparency in certain aspects. Notably, their program expense ratio is commendable, indicating that funds are predominantly allocated to their programs. However, the lack of a public website, conflict of interest policy, and whistleblower policy raises concerns regarding operational transparency and governance.

User reviews from GreatNonprofits are not available at this time. Therefore, further insights into individual experiences and overall sentiment towards the organization cannot be provided.


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

Is Kaweah Management Company legitimate?

Kaweah Management Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kaweah Management Company 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 Kaweah Management Company?

Kaweah Management Company's mission is centered around providing affordable housing solutions for individuals in need. They achieve this under Section 202 and Section 8 of the National Housing Act. The beneficiaries of their services significantly improve their housing conditions, securing living situations that surpass what they would have without Kaweah's assistance. The company's mission is to enhance the living conditions of those in need through its housing programs.

Who is the CEO of Kaweah Management Company?

Vern Bitney is the President of Kaweah Management Company.

What is the revenue of Kaweah Management Company?

Kaweah Management Company's revenue in 2022 was $10,958,852.

Who are the executives of Kaweah Management Company and what are their salaries?


Here are 5 key members and their salaries:


Herb Hawkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Silicato (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vern Bitney (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Kugler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Deasis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kaweah Management Company?

Kaweah Management Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kaweah Management Company

Kaweah Management Company, as a nonprofit organization, is dedicated to providing low-rent housing opportunities for individuals under Section 202 and Section 8 of the National Housing Act. By offering these services, the company significantly enhances the living conditions of its beneficiaries, providing them with much better housing than they would have otherwise. This mission is crucial in ensuring that individuals have access to decent and affordable housing, thereby improving their overall quality of life. By providing low-rent housing, Kaweah Management Company plays a vital role in the community, providing a stable living environment for those in need.

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Impact




July, 2024

Kaweah Management Company provides low-rent housing under Section 202 and Section 8 of the National Housing Act in Visalia, CA. The beneficiaries of their program achievements receive significantly better housing than they would have without their services.




This information is meant to be a general summary of Kaweah Management Company. 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
$10,958,852 (2022)
Expenses
$10,014,670 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,376,443
  • Program Service Revenue: $8,479,588
  • Gross Receipts: $10,958,852

Assets and Liabilities:

  • Total Assets: $112,948,519
  • Total Liabilities: $106,547,796
  • Net Assets: $6,400,723

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$8,337,083

DEVELOPER FEE INCOME

Revenue

$142,505

Organization Details

Founding Year

1977

Principal Officer

Vern Bitney

Main Address

5140 W CYPRESS AVENUE, VISALIA, CA, 93277

NTEE Category

Code: L21Z - Housing

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