Overview
What is Coggins Square Inc?
Coggins Square Inc is a nonprofit organization based in San Francisco, California, with an address at 600 California Street 900. The corporation serves as a general partner in Coggins Square Associates, a partnership that manages an affordable housing project for low-income individuals. Coggins Square Inc supports Bridge Housing Corporation (Bridge), an organization dedicated to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. Bridge aspires to create opportunities beyond housing, leading and innovating in the mission-driven business of affordable and mixed-income housing. The organization aims to deliver exceptional customer satisfaction to all stakeholders, including residents, neighbors, investors, and employees, making it the go-to choice for public officials, investors, and communities seeking various housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Star rating.
Coggins Square Inc has received a low rating primarily due to significant shortcomings in its governance and accountability practices. The organization lacks independent board members, scoring 0% in this area, which raises concerns about oversight and decision-making. However, it has been recognized for having no material diversion of assets, indicating financial integrity in that respect.
On the financial management front, Coggins Square Inc demonstrates a strong commitment to its programming, with an impressive program expense ratio of 99.97%. This suggests that nearly all resources are directed towards fulfilling its mission. Nonetheless, the organization has a concerning liabilities to assets ratio of 336.38%, indicating potential financial risk and instability.
While Coggins Square has established policies for conflicts of interest, whistleblowing, and document retention, the absence of a publicly accessible website is a critical gap in transparency. Overall, the charity's low independent oversight and financial liabilities overshadow its strengths in program expenditure, suggesting a need for improvement in governance practices to enhance accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Coggins Square Inc legitimate?
Coggins Square Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coggins Square 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 Coggins Square Inc?
Coggins Square Inc supports Bridge Housing Corporation's mission to strengthen communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. Their vision extends beyond housing, aiming to create opportunities and improve the lives of these groups. Bridge is recognized as a leader and innovator in the production and management of affordable and mixed-income housing, earning high satisfaction from all stakeholders. They are the go-to developer and owner for policymakers, investors, and communities seeking housing solutions, consistently delivering results.
Who is the CEO of Coggins Square Inc?
Delphine Sherman is the Evp Of Development (Outgoing) of Coggins Square Inc. The CEO's salary of Coggins Square Inc is $0 and their total compensation is $538,963.
What is the revenue of Coggins Square Inc?
Coggins Square Inc's revenue in 2022 was $56,485.
Who are the executives of Coggins Square Inc and what are their salaries?
Here are 7 key members and their salaries (Coggins Square Inc's CEO's salary is $0 and their total compensation is $538,963):
- Compensation: $0
- Related: $486,042
- Other: $98,469
- Compensation: $0
- Related: $503,363
- Other: $35,600
- Compensation: $0
- Related: $347,144
- Other: $116,424
- Compensation: $0
- Related: $342,254
- Other: $104,797
- Compensation: $0
- Related: $347,823
- Other: $97,080
- Compensation: $0
- Related: $245,086
- Other: $21,219
- Compensation: $0
- Related: $76,056
- Other: $3,970
Where can I find the form 990 for Coggins Square Inc?
Coggins Square Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coggins Square Inc
Coggins Square Inc, a supporting organization, is dedicated to strengthening communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. This mission-driven entity, in partnership with Bridge Housing Corporation, aims to extend its reach beyond housing, striving to create opportunities for these demographics. Coggins Square Inc is a leader and innovator in the affordable and mixed-income housing sector, earning the highest level of satisfaction from stakeholders such as residents, neighbors, investors, taxpayers, and employees. The organization is widely recognized as the go-to developer and owner for public officials, investors, and communities seeking a variety of housing solutions, consistently delivering results.
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Impact
October, 2024
Coggins Square Inc significantly impacts communities by supporting the development and management of high-quality, affordable housing through its partnership with Bridge Housing Corporation. By focusing on creating and maintaining affordable homes, it addresses critical housing shortages for working families and seniors in San Francisco and surrounding areas.
This organization plays a vital role in strengthening communities, providing stable housing options that foster long-term residency and community engagement. Coggins Square Inc's dedication to mixed-income housing solutions not only enhances neighborhood diversity but also brings together different socioeconomic groups, contributing to social cohesion.
Moreover, by prioritizing customer satisfaction among residents, neighbors, and various stakeholders, Coggins Square Inc ensures that its housing developments meet the needs and expectations of those it serves. As a reliable partner for public officials and investors, it drives innovative housing solutions that resonate with community goals and aspirations. Overall, Coggins Square Inc's efforts contribute to building vibrant, resilient communities and improving the quality of life for many individuals and families.
This information is meant to be a general summary of Coggins Square 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $54,665
- Gross Receipts: $56,485
Assets and Liabilities:
- Total Assets: $3,946,484
- Total Liabilities: $13,275,368
- Net Assets: -$9,328,884
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Organization Details
Founding Year
1998
Phone
(415) 989-1111Principal Officer
Delphine Sherman
Main Address
600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108
NTEE Category
Code: L21 - Housing
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