Overview
What is Andres Duarte Terrace?
Andres Duarte Terrace is a nonprofit organization that provides affordable housing for elderly individuals, in partnership with the United States Department of Housing and Urban Development, under Section 202 of the National Housing Act. Its mission is to offer low-cost rental housing, along with facilities and services tailored to meet the physical, social, and psychological needs of the elderly, thereby contributing to their health, security, happiness, and usefulness in prolonged living. This nonprofit is located in Duarte, California, at 1900 Huntington Drive, and its primary activity is centered around offering a safe and supportive living environment for the elderly, enhancing their overall well-being.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Andres Duarte Terrace has demonstrated a solid performance in accountability and finance, earning a score of 81%, which translates to a Three-Star rating. This rating reflects the organization's commitment to transparency and responsible financial practices, essential for fostering trust among donors and stakeholders.
The organization boasts a well-structured board, with 85% of its members being independent, ensuring impartial governance. Additionally, it has effectively implemented critical policies such as conflict of interest, whistleblower protection, and document retention, all of which are essential for maintaining ethical standards and operational integrity.
One of the notable strengths is the program expense ratio, standing at 85.07%, which indicates a significant portion of expenditures is directed toward its programs and services. This focus on programmatic effectiveness is commendable; however, as with any nonprofit, continuous vigilance in maintaining quality and governance is vital for long-term success and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Andres Duarte Terrace legitimate?
Andres Duarte Terrace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andres Duarte Terrace 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: $0
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Andres Duarte Terrace?
Andres Duarte Terrace is committed to providing affordable housing for the elderly. The facilities and services at this establishment are specifically designed to cater to the physical, social, and psychological needs of the elderly population. The aim is to contribute to their overall health, security, happiness, and usefulness during their later years. By collaborating with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act, Andres Duarte Terrace offers low-income retirement housing, thereby supporting the elderly in maintaining an active and fulfilling life.
Official website here: www.humangood.org
Who is the CEO of Andres Duarte Terrace?
John H Cochrane Iii is the Chief Executive Officer of Andres Duarte Terrace. The CEO's salary of Andres Duarte Terrace is $0 and their total compensation is $671,183.
Official website here: www.humangood.org
What is the revenue of Andres Duarte Terrace?
Andres Duarte Terrace's revenue in 2022 was $793,893.
Official website here: www.humangood.org
Who are the executives of Andres Duarte Terrace and what are their salaries?
Here are 15 key members and their salaries (Andres Duarte Terrace's CEO's salary is $0 and their total compensation is $671,183):
- Compensation: $0
- Related: $73,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $32,228
- Other: $0
- Compensation: $0
- Related: $310,289
- Other: $27,427
- Compensation: $0
- Related: $645,511
- Other: $25,672
- Compensation: $0
- Related: $530,748
- Other: $31,801
- Compensation: $0
- Related: $354,675
- Other: $31,380
- Compensation: $0
- Related: $281,269
- Other: $13,919
- Compensation: $0
- Related: $122,473
- Other: $121
- Compensation: $0
- Related: $353,484
- Other: $33,191
Official website here: www.humangood.org
Where can I find the form 990 for Andres Duarte Terrace?
Andres Duarte Terrace's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of Andres Duarte Terrace
Andres Duarte Terrace is a nonprofit organization dedicated to providing affordable housing for the elderly. Its mission is to create an environment that caters to the physical, social, and psychological needs of the elderly, aiming to enhance their health, security, happiness, and usefulness during their later years. This is achieved by offering low-cost rental housing, along with related facilities and services that are tailored to meet the unique requirements of the elderly population. The organization's activities contribute significantly to the well-being of its residents, providing them with a sense of security and a sense of purpose in their golden years. Andres Duarte Terrace partners with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act, ensuring that the needs of the elderly are met with the highest standards of care and support.
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Impact
October, 2024
Andres Duarte Terrace significantly enhances the quality of life for elderly residents by providing affordable rental housing tailored to their unique needs. The facility is designed to address the physical, social, and psychological requirements of older adults, promoting their overall well-being. By offering a supportive environment that prioritizes health, security, happiness, and a sense of purpose, it enables seniors to live independently while having access to essential services and community resources. This initiative not only alleviates housing insecurity but also fosters a vibrant community that encourages social interaction and integration, ultimately contributing to longer and more fulfilling lives for its residents. The collaboration with the United States Department of Housing and Urban Development under Section 202 further underscores its commitment to accessible housing solutions for the aging population.
This information is meant to be a general summary of Andres Duarte Terrace. 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: $1,260
- Program Service Revenue: $314,824
- Gross Receipts: $793,893
Assets and Liabilities:
- Total Assets: $6,952,747
- Total Liabilities: $9,901,523
- Net Assets: -$2,948,776
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$314,824
Organization Details
Founding Year
2002
Phone
(818) 247-0420Principal Officer
John H Cochrane Iii
Main Address
1900 HUNTINGTON DRIVE, DUARTE, CA, 91010
Website
www.humangood.orgNTEE Category
Code: L22 - Housing
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