Overview
What is Columbia Cascade Housing Corp?
Columbia Cascade Housing Corp is a nonprofit organization located in The Dalles, Oregon (OR 97058). Their primary mission is to develop and operate decent, affordable housing units for low-income rural families, senior citizens, and individuals with mental or emotional disabilities. In total, they provide housing for 387 individuals, fulfilling a crucial need in their community. Their activities center around the development and operation of these living spaces, ensuring that those in need have access to comfortable and affordable housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Columbia Cascade Housing Corp has received an overall rating of 82%, indicating a solid level of accountability and financial management. This score is based solely on its Accountability & Finance metrics, reflecting the organization's transparency and responsible handling of resources.
The nonprofit demonstrates strong governance practices, with a fully independent board and well-structured financial operations. Key strengths include a high program expense ratio of 91.53%, signifying that the majority of its expenses are directed towards its mission-driven programs, as well as an impressive track record of no material diversion of assets.
While the organization has shown commendable financial health and governance, the absence of additional performance metrics may provide a limited view of its overall impact. Nonetheless, the existing data underscores a commitment to accountability and effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Columbia Cascade Housing Corp legitimate?
Columbia Cascade Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Cascade Housing Corp 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 Columbia Cascade Housing Corp?
Columbia Cascade Housing Corp's mission is centered around developing and operating decent, affordable housing for individuals from low-income backgrounds. This includes families, senior citizens, and those with mental or emotional disabilities. The organization has successfully managed to provide housing for a total of 387 such individuals, ensuring they have a decent place to live. The Corporation's activities primarily focus on the development and operation of low-income housing units, aiming to contribute positively to the lives of these vulnerable populations.
Who is the CEO of Columbia Cascade Housing Corp?
Joel Madsen is the Director of Columbia Cascade Housing Corp.
What is the revenue of Columbia Cascade Housing Corp?
Columbia Cascade Housing Corp's revenue in 2022 was $3,977,861.
Who are the executives of Columbia Cascade Housing Corp and what are their salaries?
There 6 volunteers at Columbia Cascade Housing Corp.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Columbia Cascade Housing Corp?
Columbia Cascade Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Columbia Cascade Housing Corp
Columbia Cascade Housing Corp is dedicated to the development and operation of decent, affordable low-income housing. This non-profit organization aims to provide housing solutions for various groups, including low-income rural families, senior citizens, and individuals with mental or emotional disabilities. In total, they manage 387 housing units, offering a safe and affordable living environment for these individuals. By fulfilling this mission, Columbia Cascade Housing Corp contributes to the betterment of the community, ensuring that everyone has access to decent housing, regardless of their financial situation.
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Impact
July, 2024
Columbia Cascade Housing Corp's impact is significant in providing decent, affordable housing for low-income rural families, senior citizens, and mentally or emotionally disabled individuals. They currently operate a total of 387 units, catering to the housing needs of these specific groups in The Dalles, Oregon. By focusing on developing and operating low-income housing, Columbia Cascade Housing Corp contributes to addressing the pressing issue of housing accessibility and affordability for vulnerable populations in the region.
This information is meant to be a general summary of Columbia Cascade Housing Corp. 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: $28,546
- Program Service Revenue: $3,465,209
- Gross Receipts: $3,977,861
Assets and Liabilities:
- Total Assets: $26,545,459
- Total Liabilities: $9,533,499
- Net Assets: $17,011,960
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$3,193,122
OTHER INCOME
Revenue
$147,904
MANAGEMENT FEES
Revenue
$124,183
Organization Details
Founding Year
1990
Phone
(541) 296-3397Principal Officer
Joel Madsen
Main Address
500 EAST 2ND STREET, THE DALLES, OR, 97058
NTEE Category
Code: L21Z - Housing
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