Overview
What is Southern Living Apartments Inc?
Southern Living Apartments Inc is a nonprofit organization situated in Hohenwald, Tennessee. Their primary focus is on providing residential housing services, specifically operating an 18-unit housing project designed for senior adults aged 62 or older. This project is the organization's sole program and service, demonstrating their commitment to the well-being and accommodation of this age group. With a small team of only two employees, Southern Living Apartments Inc continues to make a positive impact in its community by offering a comfortable living environment for senior adults.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Southern Living Apartments Inc has earned a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is derived solely from a comprehensive accountability score, indicating a focus on transparency and proper financial management, which is crucial for donor trust and organizational integrity.
The nonprofit showcases a robust governance structure, with a fully independent board consisting of five members. It has demonstrated commitment to ethical practices, scoring perfectly on material diversion of assets and having a clear conflict of interest policy. Additionally, the organization maintains excellent financial health, with a liabilities to assets ratio of just 5.25%, ensuring that its resources are well-managed.
However, while the organization excels in financial accountability, further details on program outcomes and community impact could enhance its profile. Potential donors may benefit from additional insights into how effectively the programs are achieving their intended goals. Overall, Southern Living Apartments Inc presents a trustworthy option for those looking to support a nonprofit focused on accountability and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Living Apartments Inc legitimate?
Southern Living Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Living Apartments 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: $37,233
For more financial information, click here
What is the mission statement of Southern Living Apartments Inc?
Southern Living Apartments Inc's mission, as a residential housing project, is dedicated to serving senior adults aged 62 or above. The organization operates an 18-unit housing project, providing a living space tailored to their needs. The primary goal of the organization is to contribute positively to the lives of these senior adults, offering them a comfortable and suitable environment for their golden years. The project is the sole service offered by the organization, aiming to enhance the quality of life for this specific demographic.
Who is the CEO of Southern Living Apartments Inc?
Debbie Neely is the President of Southern Living Apartments Inc.
What is the revenue of Southern Living Apartments Inc?
Southern Living Apartments Inc's revenue in 2022 was $118,036.
Who are the executives of Southern Living Apartments Inc and what are their salaries?
The average compensation at Southern Living Apartments Inc during 2022 was $18,616. There are 2 employees at Southern Living Apartments Inc.
Here are 6 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Southern Living Apartments Inc?
Southern Living Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southern Living Apartments Inc
Southern Living Apartments Inc, as a nonprofit organization, focuses on a residential housing project. Their mission is to provide a beneficial living environment for senior adults aged 62 or above. Specifically, they operate an 18-unit housing project, serving as a home for these elderly individuals. This is the sole program and service offered by Southern Living Apartments Inc, demonstrating their commitment to the well-being of this specific demographic.
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Impact
October, 2024
Southern Living Apartments Inc has created a significant impact in the community by providing dedicated residential housing specifically tailored for senior adults aged 62 and older. By operating an 18-unit housing project in Savannah, Tennessee, the organization addresses a critical need for affordable and accessible living options for elderly residents.
This initiative not only offers a safe and comfortable environment for seniors but also fosters a sense of community among its residents. As seniors often face challenges such as isolation and mobility issues, having a supportive living space enhances their overall quality of life. The existence of such housing projects contributes to the reduction of homelessness among the elderly demographic, ensuring that this vulnerable population has a place to call home.
Moreover, the project strengthens the local community by creating an inclusive atmosphere that values and respects the contributions of senior citizens. This initiative highlights the importance of providing appropriate housing solutions, which is essential for promoting independence and dignity in later years. Overall, Southern Living Apartments Inc plays a vital role in enhancing the well-being of seniors in the Savannah area, making it a crucial asset to the community.
This information is meant to be a general summary of Southern Living Apartments 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: $5
- Program Service Revenue: $63,265
- Gross Receipts: $118,036
Assets and Liabilities:
- Total Assets: $862,901
- Total Liabilities: $39,044
- Net Assets: $823,857
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD FEES
Revenue
$63,265
Organization Details
Founding Year
2007
Phone
(931) 796-5427Principal Officer
Debbie Neely
Main Address
PO BOX 879, HOHENWALD, TN, 38462
NTEE Category
Code: L21 - Housing
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