Overview
What is Visalia Senior Housing?
Visalia Senior Housing, situated in Walnut Creek, California, is a nonprofit organization that offers housing solutions to low-income elderly individuals. This is facilitated under Section 202 of the National Housing Act, through an agreement with the Department of Housing and Urban Development (HUD). The organization's primary mission is to provide a secure living environment and support for this demographic, promoting their well-being and independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating. This rating reflects a solid performance in accountability and finance, indicating that Visalia Senior Housing demonstrates a reasonable level of transparency and financial health. The organization received its entire score based on its Accountability & Finance metrics, which emphasizes its commitment to responsible financial practices.
Visalia Senior Housing excels in several key areas, including having a fully independent board and demonstrating effective financial oversight, with an Audit and Oversight Committee in place. The organization maintains a low liabilities-to-assets ratio of 0.33%, showcasing its financial stability. Moreover, it has a strong program expense ratio, spending approximately 68.87% of its budget on its programs, which indicates a focus on mission-driven activities.
While the organization's strengths are noteworthy, there are no specific limitations mentioned in the data. Overall, the high ratings in accountability suggest that Visalia Senior Housing is a trustworthy nonprofit committed to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Visalia Senior Housing legitimate?
Visalia Senior Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Visalia Senior 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: $12,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,436
For more financial information, click here
What is the mission statement of Visalia Senior Housing?
Visalia Senior Housing, as part of its mission, provides housing solutions for low-income elderly individuals. This mission is carried out under Section 202 of the National Housing Act, with the Department of Housing and Urban Development serving as the agreement partner. The primary objective of Visalia Senior Housing is to offer a secure living environment for the elderly who fall under the category of low income, ensuring they have access to comfortable and suitable housing facilities. By doing so, the organization aims to contribute positively to their overall well-being and quality of life.
What is the revenue of Visalia Senior Housing?
Visalia Senior Housing's revenue in 2024 was $1,566,342.
Who are the executives of Visalia Senior Housing and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $23,400
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Visalia Senior Housing?
Visalia Senior Housing's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Visalia Senior Housing
Visalia Senior Housing, as an organization, is committed to providing housing solutions for low-income elderly individuals. This commitment is rooted in an agreement with the Department of Housing and Urban Development (HUD), under Section 202 of the National Housing Act. The mission of Visalia Senior Housing is to create an environment where elderly individuals can reside in dignity, with access to necessary resources and support. By offering housing under this agreement, Visalia Senior Housing contributes to the well-being of its elderly residents, providing them with a secure living space that caters to their unique needs. The organization's mission is instrumental in ensuring that low-income elderly persons have access to adequate housing, contributing to their overall quality of life and independence.
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
October, 2024
Visalia Senior Housing plays a crucial role in enhancing the quality of life for low-income elderly individuals by providing affordable housing options. Operated under Section 202 of the National Housing Act, the organization ensures that vulnerable seniors have access to safe and stable living conditions. This initiative significantly addresses the housing needs of the elderly population, particularly those facing financial constraints.
By collaborating with the Department of Housing and Urban Development (HUD), Visalia Senior Housing not only offers essential shelter but also fosters a sense of community among residents. This model creates an environment where seniors can thrive, enjoying both independence and support from their peers and staff. The impact extends beyond mere housing; it encompasses improved mental and physical well-being, as residents benefit from a space where they can engage in social activities and maintain their dignity.
In a time when affordable housing is increasingly scarce, Visalia Senior Housing serves as a vital resource, ensuring that low-income elderly persons can live with respect and security in Walnut Creek, California. Through its dedication to meeting the unique needs of this demographic, the organization contributes to a more inclusive society.
This information is meant to be a general summary of Visalia Senior 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $277,275
- Program Service Revenue: $966,737
- Gross Receipts: $1,566,342
Assets and Liabilities:
- Total Assets: $24,972,083
- Total Liabilities: $5,522,941
- Net Assets: $19,449,142
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.
Housing Rental
Revenue
$966,737
Organization Details
Founding Year
1972
Principal Officer
Sharon Adams
NTEE Category
Code: L22Z - Housing
If you are a representative of Visalia Senior Housing 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.