The Gateway Collective Inc

Nonprofit profile at a glance

EIN
923842845
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Green Bay, WI, USA
Phone
9202830180
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Support

Official website

Reported finances

Revenue
$273,260
Expenses
$785,473
Assets
$19,348,959
Liabilities
$13,069,861

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

Leadership & pay

12 people listed

Executive titles in this filing

  • BILL KINNARD (PRESIDENT)
  • ANDY BETZ (VICE PRESIDENT)
  • ALEXIA REHN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ALEXIA REHN (EXECUTIVE DIRECTOR): $78,176 total reported compensation

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

Overview

Mission

To provide housing that is more than just a place to live. It is a transformative community that allows people to prosper, both now and for generations to come.

What it reported doing in 2024

The gateway collective exists to develop ways to improve the quality of life for those living within our communities.our foremost initiative is recognizing the need for more affordable housing options amongst the workforce within the green bay community. We are currently focusing our work and research on city center lofts, an apartment model that will provide affordable and holistic "socially inclusive housing" (sih) for individuals and families of all income levels. The result is increased life satisfaction, stabilized housing markets, and a stronger regional economy.we want to instill a true sense of community, where neighbors can interact and experience life together; feeling valued, loved, and supported by those around them.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 33
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.1%; rating input score 91
  • Program expense ratio: 31.5%; rating input score 31
  • Fundraising efficiency: $1.73 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -187.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 24.63; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0.68; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 10%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: 101.5% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -185.2% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 95.1% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 91.1% of revenue deployed · 31.5% of spending went to programs
  • Governance: 11 of 11 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $247K in reported program spending
  • Leadership: top reported pay $78K · 12 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Program expense ratio scored 31/100.
  • High — Financial Efficiency: Fundraising efficiency scored 8/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.