Overview
What is Casa De Redwood Inc?
Casa De Redwood Inc is a nonprofit organization situated in Walnut Creek, California. Established with a mission to serve the elderly, the corporation develops, owns, and operates an apartment complex housing 136 units for low-income seniors in Redwood City. The main objective of Casa De Redwood Inc is to provide suitable living arrangements, facilities, and services tailored to meet the physical, social, and psychological needs of the elderly. This commitment aims to contribute positively to their health, security, happiness, and overall well-being in their later years.
Official website here: www.barcelon.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
Casa De Redwood Inc received a solid Three-Star rating from Charity Navigator, indicating a generally strong performance in accountability and financial management. The organization boasts an impressive 100% independent board membership and high scores in several critical areas, including audit oversight and program expense ratio, which stands at 88.07%. This suggests a commitment to using resources effectively for their programs.
However, there are notable areas for improvement, specifically in governance policies. The organization lacks essential policies such as conflict of interest, whistleblower, and document retention, which have all received low scores. Additionally, the tax form is not posted on the nonprofit's website, which may affect transparency.
Overall, while Casa De Redwood Inc demonstrates solid financial health and a strong commitment to its mission, addressing the governance policy gaps could enhance its accountability and public trust further.
This AI summary has been generated from information found on Charity Navigator.
Is Casa De Redwood Inc legitimate?
Casa De Redwood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casa De Redwood 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:
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Other Salaries and Wages: $482,767
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Official website here: www.barcelon.com
What is the mission statement of Casa De Redwood Inc?
Casa De Redwood Inc's mission is centered around providing low-income housing for the elderly. The organization designs its facilities and services to cater to the physical, social, and psychological needs of the elderly population. This mission aims to contribute positively to their health, security, happiness, and overall usefulness in longer living. By offering such housing, Casa De Redwood Inc aims to enhance the quality of life for the elderly, promoting their well-being and happiness.
Official website here: www.barcelon.com
Who is the CEO of Casa De Redwood Inc?
Liliane Lamotte Paetkau is the President of Casa De Redwood Inc.
Official website here: www.barcelon.com
What is the revenue of Casa De Redwood Inc?
Casa De Redwood Inc's revenue in 2022 was $3,034,142.
Official website here: www.barcelon.com
Who are the executives of Casa De Redwood Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.barcelon.com
Where can I find the form 990 for Casa De Redwood Inc?
Casa De Redwood Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.barcelon.com
Learn more at the official website: www.barcelon.com
Mission Statement of Casa De Redwood Inc
Casa de Redwood Inc, a nonprofit organization, is dedicated to providing low-income rental housing for the elderly. Their mission is to create an environment that caters to the physical, social, and psychological needs of the elderly, contributing to their health, security, happiness, and overall usefulness in longer living. By developing, owning, and operating an apartment complex, Casa de Redwood Inc offers 136 rental units specifically designed for senior citizens, aiming to enhance their quality of life and overall well-being.
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Impact
October, 2024
Casa De Redwood Inc plays a vital role in supporting low-income seniors by providing affordable rental housing and related services tailored to their unique needs. With 136 rental units in Redwood City, California, the organization focuses on enhancing the quality of life for elderly residents. The facilities are designed to address the physical, social, and psychological requirements of older adults, promoting their health, security, and overall happiness.
By creating an environment that fosters community and support, Casa De Redwood Inc contributes significantly to the well-being of seniors, helping them maintain independence while ensuring they have access to necessary resources. This impact extends beyond mere housing, as it cultivates a sense of purpose and usefulness among residents, allowing them to thrive in their later years.
This information is meant to be a general summary of Casa De Redwood 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: $164,994
- Program Service Revenue: $675,738
- Gross Receipts: $3,034,142
Assets and Liabilities:
- Total Assets: $6,366,793
- Total Liabilities: $222,281
- Net Assets: $6,144,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY & VENDING
Revenue
$8,231
MISCELLANEOUS INCOME
Revenue
$60
TENANT CHARGES
Revenue
$1,824
TENANT RENTS
Revenue
$665,623
Organization Details
Founding Year
1966
Phone
(925) 951-0762Principal Officer
Liliane Lamotte Paetkau
Main Address
590 Lennon Lane Suite 110, Walnut Creek, CA, 94598
Website
www.barcelon.comNTEE Category
Code: L210 - Housing
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