Overview
What is Trumansburg Seniors Inc?
Trumansburg Seniors Inc is a nonprofit organization situated in Ithaca, New York, specifically at 115 W Clinton Street. Their primary mission is to offer suitable and affordable housing solutions for the elderly residents within their community. To accomplish this objective, they focus on providing the necessary housing facilities that cater to the needs and budgets of senior citizens. This commitment to senior care is evident in their activities and mission statements, which both emphasize the importance of housing as a crucial aspect of supporting the elderly population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three-Star out of Four Stars (75%)
Trumansburg Seniors Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 75%. This score is entirely derived from its Accountability & Finance metrics, indicating a strong emphasis on responsible financial practices. The organization excels in maintaining an independent board, achieving a perfect score in that category, and demonstrates robust policies for conflict of interest and whistleblower protections.
The nonprofit showed commendable practices in auditing and financial oversight, earning full points in those areas. However, while the majority of their financial indicators are positive, their liabilities to assets ratio of 66.91% and program expense ratio of 65.28% are areas that could be improved upon. These figures suggest that while the organization is managing its resources effectively, there may be concerns regarding its financial sustainability and allocation of funds towards programs.
Overall, Trumansburg Seniors Inc demonstrates effective governance and accountability practices, contributing to a solid financial management framework. However, stakeholders may wish to monitor its financial ratios more closely as they impact the long-term viability of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Trumansburg Seniors Inc legitimate?
Trumansburg Seniors Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trumansburg Seniors 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: $0
For more financial information, click here
What is the mission statement of Trumansburg Seniors Inc?
Trumansburg Seniors Inc is committed to providing suitable and affordable housing options for the elderly community. Their mission is centered around ensuring that senior citizens have access to comfortable living accommodations within their means. They strive to meet the housing needs of this demographic, contributing to their overall well-being and quality of life in the community.
Who is the CEO of Trumansburg Seniors Inc?
Peter Cooke is the Trustee of Trumansburg Seniors Inc.
What is the revenue of Trumansburg Seniors Inc?
Trumansburg Seniors Inc's revenue in 2022 was $506,788.
Who are the executives of Trumansburg Seniors Inc and what are their salaries?
There 10 volunteers at Trumansburg Seniors Inc.
Here are 10 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Trumansburg Seniors Inc?
Trumansburg Seniors Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trumansburg Seniors Inc
Trumansburg Seniors Inc, a nonprofit organization, is dedicated to providing adequate and affordable housing solutions for senior citizens in the community. Their mission is centered around ensuring that elderly individuals have access to housing options that fit within their budgets, thereby enhancing their quality of life. By offering affordable housing solutions, Trumansburg Seniors Inc aims to contribute positively to the well-being of senior citizens, providing them with a sense of security and stability. The organization's efforts in this regard are instrumental in supporting the elderly population, enabling them to live with dignity and independence in their golden years.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Trumansburg Seniors Inc's impact is significant in providing adequate and affordable housing to senior citizens in the community. Their mission to ensure that seniors have a safe and comfortable place to live supports the well-being and quality of life of older individuals. By offering housing solutions tailored to the needs of seniors, Trumansburg Seniors Inc positively impacts the lives of elderly residents in Ithaca, NY, promoting independence and fostering a sense of community among this vulnerable population.
This information is meant to be a general summary of Trumansburg Seniors 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 2022.
- Investment Income: $488
- Program Service Revenue: $506,300
- Gross Receipts: $506,788
Assets and Liabilities:
- Total Assets: $2,159,107
- Total Liabilities: $1,444,768
- Net Assets: $714,339
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - NET OF
Revenue
$500,578
LAUNDRY/VENDING REVENU
Revenue
$5,065
MISCELLANEOUS REVENUE
Revenue
$657
Organization Details
Founding Year
1981
Phone
(607) 277-4500Principal Officer
Peter Cooke
Main Address
CO BETTER HOUSING 115 W CLINTON S, ITHACA, NY, 14850
NTEE Category
Code: L22Z - Housing
If you are a representative of Trumansburg Seniors Inc 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.