Sunrise Court Housing

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203602772 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Sunrise Court Housing?

Sunrise Court Housing is a 20-unit apartment complex situated in Seattle, Washington. It is specifically designed to cater to the needs of chronically mentally ill individuals, who meet the eligibility criteria established by the U.S. Department of Housing and Urban Development for financial assistance. The primary mission of Sunrise Court Housing is to offer housing facilities and services tailored to meet the social, physical, psychological, and recreational needs of elderly and handicapped persons, ultimately promoting their health, security, happiness, and usefulness in their extended living. The charges for these facilities and services are based on the provision, maintenance, and cooperation on a non-profit basis.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star rating. This rating indicates that Sunrise Court Housing demonstrates a solid level of accountability and financial health, though it falls short of a higher rating primarily due to governance aspects. The organization excels in financial management, boasting a Program Expense Ratio of 85.15%, which suggests that a significant portion of its funding is directed toward its programs.

Strengths of Sunrise Court Housing include a low liabilities to assets ratio of 8.28%, indicating strong financial stability. Additionally, they have effective policies in place for conflict of interest and whistleblower protections, and they maintain proper documentation practices, which contributes positively to their accountability score. However, the organization has not achieved any points for having independent board members, which can be a critical factor in ensuring transparency and balanced governance.

While the organization performs well in specific areas, the absence of independent board members may raise concerns regarding governance practices. This limitation could hinder external perspectives and oversight that are beneficial for strategic decision-making. Overall, Sunrise Court Housing shows a commitment to financial accountability, but there is room for improvement in its governance structure.


This AI summary has been generated from information found on Charity Navigator.

Is Sunrise Court Housing legitimate?

Sunrise Court Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunrise Court Housing 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: $42,545

For more financial information, click here

What is the mission statement of Sunrise Court Housing?

The mission of Sunrise Court Housing is centered around providing specialized housing facilities and services for the elderly and handicapped individuals. This organization strives to cater to their social, physical, psychological, and recreational needs, aiming to promote their health, security, happiness, and overall usefulness in living longer. The charges for these facilities and services are based on the provision, maintenance, and cooperation on a non-profit basis.

Who is the CEO of Sunrise Court Housing?

Michael Reichert is the President Of Ccs/Chs & Ex-Officio of Sunrise Court Housing.

What is the revenue of Sunrise Court Housing?

Sunrise Court Housing's revenue in 2022 was $173,394.

Who are the executives of Sunrise Court Housing and what are their salaries?

There 4 volunteers at Sunrise Court Housing.


Here are 7 key members and their salaries:


Michael Reichert (President Of Ccs/Chs & Ex-Officio)
  • Compensation: $0
  • Related: $332,993
  • Other: $43,736
Joe Schick (Chairman & Treasurer)
  • Compensation: $0
  • Related: $192,456
  • Other: $36,056
Chris Jowell (Secretary)
  • Compensation: $0
  • Related: $161,172
  • Other: $13,229
Jim Defranco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgardo Jose (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Kolp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Mcwithey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sunrise Court Housing?

Sunrise Court Housing's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sunrise Court Housing

Sunrise Court Housing is committed to providing housing facilities and services tailored specifically to meet the unique needs of elderly and disabled individuals. This nonprofit organization aims to address their social, physical, psychological, and recreational needs, ensuring their health, security, happiness, and continued usefulness in their later years. The cost of these facilities and services is determined by the provision, maintenance, and cooperation involved on a nonprofit basis. In essence, Sunrise Court Housing seeks to create a supportive environment where elderly and disabled individuals can thrive, enhancing their quality of life and overall well-being.

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Impact




October, 2024

Sunrise Court Housing significantly enhances the quality of life for elderly and handicapped individuals by providing specialized housing facilities and services tailored to meet their diverse needs. By focusing on social, physical, psychological, and recreational aspects, Sunrise Court fosters an environment that promotes health, security, and happiness among its residents.

Located in Seattle, this 20-unit apartment complex specifically serves the chronically mentally ill, ensuring that residents receive support aligned with the eligibility criteria established by the U.S. Department of Housing and Urban Development. This targeted approach not only helps residents find stable housing but also facilitates a sense of community and belonging.

The impact of Sunrise Court Housing extends beyond mere accommodation; it empowers individuals to lead fulfilling lives by addressing their unique challenges and fostering a supportive atmosphere. Residents can enjoy greater independence while having access to necessary services, which enhances their overall well-being and usefulness in their longer lives.




This information is meant to be a general summary of Sunrise Court Housing. 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.

Revenue
$173,394 (2022)
Expenses
$208,231 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $138
  • Program Service Revenue: $72,214
  • Gross Receipts: $173,394

Assets and Liabilities:

  • Total Assets: $915,061
  • Total Liabilities: $60,342
  • Net Assets: $854,719

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$72,214

Organization Details

Founding Year

2005

Principal Officer

Michael Reichert

Main Address

100 - 23RD AVENUE SOUTH, SEATTLE, WA, 981442302

NTEE Category

Code: L20 - Housing

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