Overview
What is Advanced Living Inc?
Advanced Living Inc, established in 1962, is a nonprofit organization situated in Lansdale, Pennsylvania. Its primary mission is to offer affordable housing and a comprehensive range of services to cater to the diverse needs of low-income senior citizens. By providing 223 efficiency and one-bedroom apartments, it ensures suitable housing for this demographic. The organization's programs aim to promote the physical, economic, social, and psychological well-being of its residents, enabling them to age gracefully and maintain their independence. The nonprofit's ultimate goal is to enhance the seniors' health, security, and happiness throughout their lives.
Official website here: www.advancedlivingcommunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Advanced Living Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 77% based solely on its Accountability & Finance metrics. This rating indicates a moderate level of transparency and financial health, which is essential for donor trust and investor confidence. The organization has a strong independent board, with 100% of its members meeting the criteria for independence, and it has established policies for conflict of interest and document retention.
Despite its strengths, the nonprofit has some areas of concern, particularly regarding its liabilities to assets ratio, which is notably high at 162.68%. This could indicate potential financial strain or risk. Additionally, its whistleblower policy is missing, which may raise concerns about internal governance and risk management. However, the organization performs well in its program expense ratio, with 73.38% of its budget directed towards programs, demonstrating a commitment to its mission.
Overall, while Advanced Living Inc shows solid accountability measures and a dedicated board, potential donors and stakeholders should consider its financial liabilities and governance policies when evaluating the organization's overall stability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Advanced Living Inc legitimate?
Advanced Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced Living 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: $707,483
For more financial information, click here
Official website here: www.advancedlivingcommunities.org
What is the mission statement of Advanced Living Inc?
Advanced Living Inc, a non-profit organization, is dedicated to providing housing facilities for the elderly and aged individuals. Their mission is to offer affordable housing and a comprehensive array of services specifically tailored to meet the physical, economic, social, and psychological needs of the elderly. The aim is to promote health, security, happiness, and productivity in extended living. Their programs are designed to help maintain the seniors' health, ensure their security, and allow them to age with independence, providing them with peace of mind. The organization offers 223 efficiency and one-bedroom apartments for low-income senior residents.
Official website here: www.advancedlivingcommunities.org
Who is the CEO of Advanced Living Inc?
Randall James is the 1St Vice Chair of Advanced Living Inc. The CEO's salary of Advanced Living Inc is $0 and their total compensation is $206,250.
Official website here: www.advancedlivingcommunities.org
What is the revenue of Advanced Living Inc?
Advanced Living Inc's revenue in 2022 was $3,416,712.
Official website here: www.advancedlivingcommunities.org
Who are the executives of Advanced Living Inc and what are their salaries?
There 50 volunteers at Advanced Living Inc.
Here are 16 key members and their salaries (Advanced Living Inc's CEO's salary is $0 and their total compensation is $206,250):
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Official website here: www.advancedlivingcommunities.org
Where can I find the form 990 for Advanced Living Inc?
Advanced Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.advancedlivingcommunities.org
Learn more at the official website: www.advancedlivingcommunities.org
Mission Statement of Advanced Living Inc
Advanced Living Inc, established in 1962, is a non-profit organization with a mission to provide housing facilities and specialized services for elderly and aged individuals. Their primary goal is to offer affordable housing and a comprehensive range of services designed to meet the physical, economic, social, and psychological needs of the elderly. By doing so, they aim to promote health, security, happiness, and usefulness in longer living.
Advanced Living Inc's mission is centered around creating an environment where elderly individuals can maintain their health, security, and independence while aging peacefully. To achieve this, they provide 223 efficiency and one-bedroom apartments for low-income seniors. These living spaces serve as a secure base, allowing the elderly to age with dignity and independence. Additionally, the organization offers a variety of services tailored to meet their residents' unique needs, ensuring their overall well-being and improving their quality of life.
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Impact
October, 2024
Advanced Living Inc profoundly impacts the lives of low-income seniors by providing essential housing and support services tailored to their unique needs. Established in 1962 in Lansdale, PA, the organization offers 223 efficiency and one-bedroom apartments, creating a safe and affordable living environment for elderly individuals.
By focusing on physical, economic, social, and psychological support, Advanced Living Inc helps seniors maintain their health, autonomy, and dignity, allowing them to age in place with peace of mind. The organization’s comprehensive programs are designed to foster a sense of security and happiness among residents, promoting meaningful community engagement and a sense of belonging. Overall, Advanced Living Inc plays a vital role in enhancing the quality of life for seniors, empowering them to lead fulfilling lives as they navigate the challenges of aging.
This information is meant to be a general summary of Advanced Living 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: $574
- Program Service Revenue: $3,400,685
- Gross Receipts: $3,416,712
Assets and Liabilities:
- Total Assets: $9,330,173
- Total Liabilities: $9,849,229
- Net Assets: -$519,056
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME FROM TEN
Revenue
$3,400,685
Organization Details
Founding Year
1962
Phone
(215) 362-0227Principal Officer
Randall James
Main Address
1290 ALLENTOWN ROAD, LANSDALE, PA, 19446
NTEE Category
Code: L200 - Housing
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