Overview
What is Sutton Senior Annex Inc?
Sutton Senior Annex Inc, with the operational address at 1625 SE Lafayette, Portland, Oregon 97202, is a nonprofit organization dedicated to providing affordable housing for the elderly and other low-income individuals and families. Established with the primary mission of creating an affordable living environment, the organization serves approximately four individuals and families, making a significant impact in the community. By offering affordable housing, Sutton Senior Annex Inc contributes to the well-being and stability of its residents, ensuring they can maintain a decent living standard.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Star rating)
Sutton Senior Annex Inc has received a rating of 72%, indicating a fair level of accountability and financial health. The score is derived solely from the Accountability & Finance beacon, where the organization has excelled in several areas, such as having a fully independent board and no material diversion of assets, which reflects strong governance practices.
The organization scored particularly high on the Program Expense Ratio, achieving a perfect score of 100%, suggesting that it directs all its resources towards its mission-driven programs. Additionally, the presence of a robust conflict of interest policy and proper documentation practices further supports its organizational integrity.
However, the nonprofit did receive a low score in the Liabilities to Assets ratio, standing at 180.64%. This figure suggests that the organization may have financial liabilities that exceed its assets, which could raise concerns regarding its financial sustainability. Overall, while Sutton Senior Annex Inc demonstrates strong governance and programmatic focus, its financial liabilities warrant closer scrutiny.
This AI summary has been generated from information found on Charity Navigator.
Is Sutton Senior Annex Inc legitimate?
Sutton Senior Annex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sutton Senior Annex 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: $288
For more financial information, click here
What is the mission statement of Sutton Senior Annex Inc?
Sutton Senior Annex Inc is committed to providing an essential service, aiming to offer affordable housing for elderly individuals and other low-income residents. This mission statement is carried out through the organization's daily operations, benefiting approximately four families and individuals. By offering affordable housing, Sutton Senior Annex Inc contributes to the well-being and comfort of vulnerable communities, ensuring that they have a suitable living space regardless of their financial circumstances. The organization's primary focus is on making housing accessible to those who need it most, contributing to a more inclusive and equitable society.
Who is the CEO of Sutton Senior Annex Inc?
Richard Henningsen is the President of Sutton Senior Annex Inc.
What is the revenue of Sutton Senior Annex Inc?
Sutton Senior Annex Inc's revenue in 2023 was $58,316.
Who are the executives of Sutton Senior Annex Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sutton Senior Annex Inc?
Sutton Senior Annex Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sutton Senior Annex Inc
Sutton Senior Annex Inc, a nonprofit organization, is committed to providing affordable housing for elderly individuals and other low-income families. This mission is at the heart of its operations, aiming to make a tangible difference in the lives of around 4 individuals and families. By offering affordable housing, Sutton Senior Annex Inc contributes to the well-being and stability of its residents, providing them with a secure living environment. This mission is a testament to the organization's dedication to supporting vulnerable communities and promoting social equity.
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Impact
August, 2024
Sutton Senior Annex Inc's impact lies in providing affordable housing for elderly and low-income residents in Portland, Oregon. By offering this crucial support, they have directly benefited approximately 4 individuals and families in need. Their mission to provide affordable housing aligns with addressing the pressing issue of housing insecurity among vulnerable populations, ultimately contributing to the well-being and stability of their community.
This information is meant to be a general summary of Sutton Senior Annex 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 2023.
- Investment Income: $45
- Program Service Revenue: $58,271
- Gross Receipts: $58,316
Assets and Liabilities:
- Total Assets: $495,342
- Total Liabilities: $894,787
- Net Assets: -$399,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS FOR LOW INCOME HOUSING
Revenue
$58,152
LAUNDRY AND VENDING
Revenue
$119
Organization Details
Founding Year
2003
Phone
(503) 231-4922Principal Officer
Richard Henningsen
Main Address
1625 SE LAFAYETTE, PORTLAND, OR, 97202
NTEE Category
Code: L22 - Housing
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