Rejenerate Housing Cooperative

Nonprofit profile at a glance

EIN
844409938
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Madison, WI, USA
Phone
7085485141
Rating confidence
Limited
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$-93
Expenses
$0
Assets
$11,386
Liabilities
$11,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Colleen Robinson (President)

People named in this filing

  • Colleen Robinson (President)
  • Math Heinzel (Director)
  • Willie Watkins (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the Cooperative is to provide affordable housing for low to moderate income residents. The Cooperative will be democratically controlled by the residents, promote cooperation as a tool for economic justice, and use housing as a vehicle for environmental sustainability and social justice.

What it reported doing in 2024

In 2024, the housing cooperative board increased to bi-weekly meetings to discuss all aspects of house governance, with inhabitants of the house greatly influencing the decision-making by utilizing sociocracy as the main form of governance. Discussions mainly focused on the transition towards completion of construction and membershipping new members, as well as the next steps in roles for members in the household.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 4
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -100%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0.97; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 29.7% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: -144.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 34.7% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Series revenue component sum did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.