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Colony Lane Non-Profit Housing Corporation

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

EIN: 320364875 ✦ Warren, MI ✦ Designated as a 501(c)(3)

Overview

What is Colony Lane Non-Profit Housing Corporation?

Colony Lane Non-Profit Housing Corporation is a Michigan-based nonprofit organization, established in December 2011 by Cooperative Services, Inc, another nonprofit entity. The main purpose of Colony Lane is to provide affordable housing for low-income senior citizens. They achieved this goal by acquiring property in Pontiac, Michigan, and constructing an apartment project containing 77 units. In cooperation with the U.S. Department of Housing and Urban Development, Colony Lane continues to operate this housing facility, aiming to provide a suitable living environment for this specific demographic.


Official website here: www.csi.coop

Is Colony Lane Non-Profit Housing Corporation legitimate?

Colony Lane Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colony Lane Non-Profit Housing 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.

Here 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


Official website here: www.csi.coop

What is the mission statement of Colony Lane Non-Profit Housing Corporation?

The Colony Lane Non-Profit Housing Corporation is committed to providing housing facilities for low-income senior citizens. This Michigan-based non-profit organization, established in cooperation with the US Department of Housing and Urban Development, aims to create a living space for elderly individuals with limited financial resources. By constructing and operating an apartment project, the corporation offers a place of residence that caters to the needs of this specific demographic.


Official website here: www.csi.coop

Who is the CEO of Colony Lane Non-Profit Housing Corporation?

Cindy Lamb is the President of Colony Lane Non-Profit Housing Corporation.


Official website here: www.csi.coop

What is the revenue of Colony Lane Non-Profit Housing Corporation?

Colony Lane Non-Profit Housing Corporation's revenue in 2022 was $794,633.


Official website here: www.csi.coop

Who are the executives of Colony Lane Non-Profit Housing Corporation and what are their salaries?

Here are 19 key members and their salaries:

    Nancy Evans (Assistant Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $295,265
  • Other: $63,472

    • Mel Hudson (National Construction Manager)
  • Compensation: $0
  • Related: $177,736
  • Other: $54,448

    • Anne Sackrison (Operations Manager)
  • Compensation: $0
  • Related: $182,210
  • Other: $47,091

    • Diane Smith (National Development Manager)
  • Compensation: $0
  • Related: $175,150
  • Other: $45,954

    • Cindy Lamb (Assistant Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $182,532
  • Other: $32,442

    • Marguerite D Angelo (Regional Manager)
  • Compensation: $0
  • Related: $162,992
  • Other: $25,359

    • Darla Huttinger (Regional Manager)
  • Compensation: $0
  • Related: $153,401
  • Other: $34,172

    • Annie Mitchell (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rillar Mcdaniel (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Aho (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeri Draughon (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheryle Morey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iona Nicholson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyrone Gregory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ethel Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Mahon Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Parris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Lacey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shirley Wooden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.csi.coop

    Where can I find the form 990 for Colony Lane Non-Profit Housing Corporation?

    The Colony Lane Non-Profit Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.csi.coop

    Learn more at the official website: www.csi.coop

    Mission Statement of Colony Lane Non-Profit Housing Corporation

    Colony Lane Non-Profit Housing Corporation is a Michigan-based organization with a mission to provide housing facilities for low-income senior citizens. Established in collaboration with Cooperative Services, Inc., a Michigan non-profit cooperative, and the U.S. Department of Housing and Urban Development, this corporation aims to offer a secure living space for elderly individuals who fall under the category of low-income earners. The corporation's primary objective is to acquire and construct apartment projects, subsequently operating them to provide suitable housing for this specific demographic. By doing so, Colony Lane Non-Profit Housing Corporation contributes to the well-being and comfort of senior citizens, ensuring they have access to safe and affordable housing.

    Impact

    This information is meant to be a general summary of Colony Lane Non-Profit Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Colony Lane's impact can be seen in its provision of housing facilities for low-income senior citizens in Warren, Michigan. By offering affordable housing options for seniors in need, Colony Lane plays a crucial role in ensuring that this vulnerable population has a safe and comfortable place to live. Through its mission to provide housing facilities for low-income senior citizens, Colony Lane is making a positive impact on the community by addressing an essential need and improving the quality of life for those in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,958
  • Program Service Revenue: $262,217
  • Gross Receipts: $794,633

    • Assets and Liabilities:
  • Total Assets: $8,904,253
  • Total Liabilities: $236,478
  • Net Assets: $8,667,775
  • Programs

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

    RENTAL INCOME

    Revenue

    $262,217

    Organization Details

    Founding Year

    2011

    Principal Officer

    Cindy Lamb

    Main Address

    8425 E TWELVE MILE ROAD, WARREN, MI, 48093

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Colony Lane Non-Profit Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.