Overview
What is Advanced Living Management & Development Inc?
Advanced Living Management & Development Inc, based in Lansdale, Pennsylvania, is a nonprofit organization with a mission to manage affordable housing for seniors and individuals with disabilities. They oversee 289 efficiency and one-bedroom apartments, providing homes for over 225 elderly residents. The organization is deeply committed to educating the community about the housing needs of low-income seniors in the Delaware Valley. With a workforce of 154 dedicated individuals, Advanced Living Management & Development Inc plays a significant role in ensuring senior housing accessibility and advocating for those in need.
Official website here: www.advancedlivinginc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating
Advanced Living Management & Development Inc has received a two-star rating from Charity Navigator, reflecting concerns primarily related to its program expense ratio. While the organization excels in accountability and finance, achieving a full score in that category, the overall low rating indicates challenges in its programmatic spending efficiency, which may affect its ability to fulfill its mission effectively.
The organization demonstrates strong governance practices with a fully independent board and comprehensive financial oversight, indicating a commitment to transparency and ethical management. However, the absence of a whistleblower policy raises potential concerns about internal reporting mechanisms, which could impact organizational integrity.
Despite its strengths in board independence and financial monitoring, the low program expense ratio suggests that a significant portion of its budget may not be directed toward its core mission. This imbalance may limit the effectiveness of its programs and services, warranting further examination by potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Advanced Living Management & Development Inc legitimate?
Advanced Living Management & Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced Living Management & Development 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: $296,256
For more financial information, click here
Official website here: www.advancedlivinginc.org
What is the mission statement of Advanced Living Management & Development Inc?
Advanced Living Management & Development Inc is committed to managing housing projects and raising awareness about the housing needs of the community, particularly for low-income seniors. As a non-profit organization, it manages affordable housing for seniors and individuals with disabilities, providing housing for over 225 seniors through 289 efficiency and one-bedroom apartments. Furthermore, the organization actively educates the community about the housing needs and challenges faced by seniors, advocating for their well-being in the Delaware Valley.
Official website here: www.advancedlivinginc.org
Who is the CEO of Advanced Living Management & Development Inc?
Randall James is the CEO of Advanced Living Management & Development Inc The CEO's salary of Advanced Living Management & Development Inc is $260,231 and their total compensation is $290,231.
Official website here: www.advancedlivinginc.org
What is the revenue of Advanced Living Management & Development Inc?
Advanced Living Management & Development Inc's revenue in 2023 was $1,184,503.
Official website here: www.advancedlivinginc.org
Who are the executives of Advanced Living Management & Development Inc and what are their salaries?
The average compensation at Advanced Living Management & Development Inc during 2023 was $4,422. There are 67 employees and 15 volunteers at Advanced Living Management & Development Inc.
Here are 16 key members and their salaries (Advanced Living Management & Development Inc's CEO's salary is $260,231 and their total compensation is $290,231):
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Official website here: www.advancedlivinginc.org
Where can I find the form 990 for Advanced Living Management & Development Inc?
Advanced Living Management & Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.advancedlivinginc.org
Learn more at the official website: www.advancedlivinginc.org
Mission Statement of Advanced Living Management & Development Inc
Advanced Living Management & Development Inc, a non-profit organization, is dedicated to managing housing projects and educating the community about the housing needs of low-income seniors in the Delaware Valley. Their mission is multifaceted, encompassing the management of affordable housing for seniors and disabled seniors, as well as raising awareness about the housing needs within this demographic. The organization manages 289 efficiency and one-bedroom apartments, providing residential spaces for over 225 seniors. Beyond housing management, Advanced Living Management & Development Inc plays an active role in the community, advocating for the housing needs of seniors and disseminating information to increase understanding and support. Through their educational initiatives, they aim to foster a more inclusive and compassionate society that recognizes and addresses the housing challenges faced by low-income seniors.
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Impact
October, 2024
Advanced Living Management & Development Inc significantly impacts the community by providing essential housing solutions for seniors and disabled individuals. By managing 289 efficiency and one-bedroom apartments, the organization ensures that over 225 seniors have access to affordable housing, promoting stability and a better quality of life for its residents.
In addition to housing management, the organization plays a critical role in community education regarding the housing needs of low-income seniors in the Delaware Valley. Through its outreach efforts, Advanced Living Management raises awareness of the challenges faced by this demographic, fostering a more informed and supportive community. This dual approach not only addresses immediate housing needs but also empowers individuals and advocates for systemic changes that can improve the overall housing landscape for vulnerable populations.
By focusing on both management and education, Advanced Living Management & Development Inc contributes to a more equitable and knowledgeable community, ultimately enhancing the well-being of seniors and those with disabilities.
This information is meant to be a general summary of Advanced Living Management & Development 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 2023.
- Investment Income: $32,247
- Program Service Revenue: $505,316
- Gross Receipts: $1,316,635
Assets and Liabilities:
- Total Assets: $10,835,547
- Total Liabilities: $7,923,793
- Net Assets: $2,911,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MGMT & DEVELOPMENT FEE
Revenue
$505,316
Organization Details
Founding Year
2007
Phone
(215) 362-0227Principal Officer
Randall James
Main Address
1290 ALLENTOWN ROAD, LANSDALE, PA, 19446
Website
www.advancedlivinginc.orgNTEE Category
Code: L20 - Housing
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