Overview
What is Casas De Rio Grande?
Casas De Rio Grande, located in Westminster, Colorado, is a nonprofit organization that specializes in providing affordable housing for the elderly. Situated at 7305 Lowell Blvd STE 200, this community-focused organization served 28 elderly residents in Del Norte, Colorado. Their mission is centered around ensuring that senior citizens have access to comfortable and budget-friendly living accommodations. While the information provided does not detail any additional programs or services, it is clear that Casas De Rio Grande is dedicated to enhancing the quality of life for the elderly population in its area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Casas De Rio Grande has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. The charity scored 94% overall, reflecting its strong performance in several key areas, including a perfect score for having a majority of independent board members and a robust conflict of interest policy.
In terms of financial management, the organization maintains a low liabilities to assets ratio of 7.12% and allocates a significant portion of its budget, 81.59%, to program expenses. This suggests that the majority of their resources are directed toward fulfilling their mission rather than administrative costs, which is a positive indicator for potential donors.
While the overall rating highlights the strengths of Casas De Rio Grande, it is important for potential supporters to consider the impact of their contributions and the charity's mission. The detailed policies and independent governance structure further enhance the organization's credibility, ensuring that it operates with transparency and integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Casas De Rio Grande legitimate?
Casas De Rio Grande is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casas De Rio Grande 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: $41,558
For more financial information, click here
What is the mission statement of Casas De Rio Grande?
Casas De Rio Grande, an organization, is committed to providing affordable housing for the elderly. This mission is carried out in a specific region, Del Norte, Colorado. The primary goal is to ensure that elderly individuals have access to reasonably priced housing, thereby improving their living conditions. According to the available information, Casas De Rio Grande has successfully provided HUD-subsidized housing to 28 elderly individuals in the area.
Who is the CEO of Casas De Rio Grande?
Arturo Alvarado is the President of Casas De Rio Grande.
What is the revenue of Casas De Rio Grande?
Casas De Rio Grande's revenue in 2023 was $200,681.
Who are the executives of Casas De Rio Grande and what are their salaries?
There 5 volunteers at Casas De Rio Grande.
Here are 5 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Casas De Rio Grande?
Casas De Rio Grande's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Casas De Rio Grande
Casas De Rio Grande, a nonprofit organization, is dedicated to providing an essential service in its mission. This mission centers around offering affordable housing to the elderly population in Del Norte, Colorado. By providing subsidized housing, Casas De Rio Grande aims to cater to the housing needs of this vulnerable group, ensuring they can live in a safe and comfortable environment. The organization successfully accommodated twenty-eight elderly individuals, demonstrating its commitment to its mission.
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Impact
October, 2024
Casas De Rio Grande significantly impacts the community of Del Norte, Colorado, by providing affordable housing to the elderly population. With the ability to accommodate twenty-eight clients, the organization plays a crucial role in ensuring that older residents have access to safe and stable living environments. This assistance directly addresses the unique challenges faced by seniors, including limited financial resources and the need for supportive housing conditions.
By offering HUD-subsidized housing, Casas De Rio Grande alleviates the burden of housing costs, allowing elderly individuals to have more financial freedom to allocate towards other essential needs such as healthcare, nutrition, and social activities. This service fosters an enhanced quality of life, promoting independence and dignity among seniors in the area.
Furthermore, the presence of affordable housing options can contribute to community stability, reducing homelessness and creating a stronger support system for the elderly. The organization’s mission not only meets immediate housing needs but also encourages social engagement among residents, helping to combat isolation and promote a sense of belonging within the community. Overall, Casas De Rio Grande serves as a vital resource in improving the lives of the elderly in Del Norte, fostering a more inclusive and supportive environment for this demographic.
This information is meant to be a general summary of Casas De Rio Grande. 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: $21
- Program Service Revenue: $94,727
- Gross Receipts: $200,681
Assets and Liabilities:
- Total Assets: $2,322,656
- Total Liabilities: $165,434
- Net Assets: $2,157,222
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENT REVENUE
Revenue
$94,519
OTHER RENT RELATED
Revenue
$208
Organization Details
Founding Year
2003
Phone
(303) 428-1448Principal Officer
Arturo Alvarado
Main Address
7305 LOWELL BLVD STE 200, WESTMINSTER, CO, 80030
NTEE Category
Code: T70 - Philanthropy
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