Overview
What is Clayton Place Senior Housing Inc?
Clayton Place Senior Housing Inc is a nonprofit organization situated in Hugo, Oklahoma. Their primary objective is to manage and oversee a 10-unit apartment complex, which has been funded through the Section 202 program by the Department of Housing and Urban Development. This initiative aims to provide affordable housing solutions for senior citizens, enabling them to maintain their independence and quality of life. The organization's mission focuses on managing this property to ensure it meets the needs and expectations of its elderly residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Clayton Place Senior Housing Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization's overall score reflects a strong emphasis on accountability practices, with a perfect score in several areas such as independent board member presence and governance policies. Their program expense ratio is commendable at 87.28%, suggesting that a significant portion of their expenditures supports their mission.
However, the organization faces challenges, particularly with a high liabilities to assets ratio of 176.47%, which is a critical point of concern. This indicates potential financial risks and could raise questions about the organization's overall financial health. Despite these limitations, the charity demonstrates a robust framework of policies aimed at transparency and integrity, including documented policies for conflict of interest and whistleblower protections.
Overall, while Clayton Place Senior Housing Inc shows positive indicators of accountability and effective program spending, the high liabilities compared to assets highlight an area that requires attention to ensure long-term sustainability and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Clayton Place Senior Housing Inc legitimate?
Clayton Place Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clayton Place Senior Housing 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: $5,159
For more financial information, click here
What is the mission statement of Clayton Place Senior Housing Inc?
Clayton Place Senior Housing Inc's mission is centered around owning and managing a 10-unit apartment complex, which has been financially supported by the Section 202 program from the Department of Housing and Urban Development. This organization's objective is to provide suitable housing solutions for its residents, leveraging the financial aid provided by the department. The complex serves as a home for senior citizens, offering them a secure and comfortable living environment. The mission of Clayton Place Senior Housing Inc is to ensure the well-being and comfort of its residents while adhering to the guidelines set by the Section 202 program.
Who is the CEO of Clayton Place Senior Housing Inc?
Sheree Ensley is the President of Clayton Place Senior Housing Inc.
What is the revenue of Clayton Place Senior Housing Inc?
Clayton Place Senior Housing Inc's revenue in 2022 was $45,721.
Who are the executives of Clayton Place Senior Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $72,670
- 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 Clayton Place Senior Housing Inc?
Clayton Place Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clayton Place Senior Housing Inc
Clayton Place Senior Housing Inc is dedicated to the ownership and management of a 10-unit apartment complex. This mission is made possible through financial support from the Section 202 program, an initiative by the Department of Housing and Urban Development. The organization's primary focus is on providing housing solutions for seniors, ensuring they have a secure and comfortable living environment. By managing this apartment complex, Clayton Place Senior Housing Inc contributes to the overall well-being of the elderly population, offering them a place to call home. The organization's role in owning and managing this property is instrumental in meeting the housing needs of senior citizens, providing them with a stable living environment and a sense of community.
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
August, 2024
Clayton Place Senior Housing Inc's impact can be seen in its provision of affordable housing for seniors within the community of HUGO, OK. By owning and managing a 10-unit apartment complex financed through the Section 202 program by the Department of Housing and Urban Development, Clayton Place Senior Housing Inc is able to offer a safe and secure living environment for seniors in need. This not only addresses the housing needs of the elderly population but also contributes to their overall well-being and quality of life. Additionally, the organization's focus on affordable housing helps to promote a more inclusive and supportive community for seniors in the area.
This information is meant to be a general summary of Clayton Place Senior Housing 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: $550
- Program Service Revenue: $34,197
- Gross Receipts: $45,721
Assets and Liabilities:
- Total Assets: $568,831
- Total Liabilities: $955,916
- Net Assets: -$387,085
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.
Dwelling Rent
Revenue
$30,483
Nondwelling Rent
Revenue
$3,600
Misc. Charges
Revenue
$114
Organization Details
Founding Year
2006
Phone
(580) 326-3351Principal Officer
Sheree Ensley
Main Address
209 North 4th, Hugo, OK, 74743
NTEE Category
Code: L22 - Housing
If you are a representative of Clayton Place Senior Housing 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.