Overview
What is Trinity Manor Inc?
Trinity Manor Inc is a nonprofit organization situated in Pasadena, California. Their primary focus is to provide affordable housing for elderly individuals aged 62 or above, operating a federally subsidized apartment complex comprising 100 units, as part of HUD programs. This housing initiative aims to support low-income elderly individuals, offering them a secure living environment. The organization, with a workforce of four individuals, is committed to enhancing the quality of life for this vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Trinity Manor Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The charity boasts an impressive Accountability & Finance Score of 86, reflecting its strong governance practices, such as having a fully independent board and effective oversight mechanisms in place for financial statements.
Strengths of Trinity Manor include a high program expense ratio of 70.06%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs. The organization demonstrates robust financial practices with low liabilities relative to assets, and it has no reported material diversions of assets, contributing to its overall transparency and reliability.
While the rating is favorable, the data does not provide specific details regarding the impact of its programs or community feedback. Therefore, while Trinity Manor Inc shows strong accountability and financial management, prospective donors or volunteers may want to explore further into its program effectiveness and community engagement outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Manor Inc legitimate?
Trinity Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Manor 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: $251,089
For more financial information, click here
What is the mission statement of Trinity Manor Inc?
Trinity Manor Inc's mission is centered around operating a federally subsidized apartment complex, housing 100 units, specifically designed for low-income elderly individuals aged 62 or older. This endeavor falls under the HUD programs. The organization's primary objective is to provide a suitable living space for this demographic, ensuring they have access to affordable housing options. By doing so, Trinity Manor Inc aims to contribute positively to the well-being and comfort of this vulnerable population.
Who is the CEO of Trinity Manor Inc?
Emil J Wohl is the President of Trinity Manor Inc.
What is the revenue of Trinity Manor Inc?
Trinity Manor Inc's revenue in 2022 was $2,405,992.
Who are the executives of Trinity Manor Inc and what are their salaries?
The average compensation at Trinity Manor Inc during 2022 was $62,772. There are 4 employees and 6 volunteers at Trinity Manor Inc.
Here are 6 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Trinity Manor Inc?
Trinity Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trinity Manor Inc
Trinity Manor Inc, a nonprofit organization, is committed to providing housing solutions for low-income elderly individuals aged 62 years or older. Their mission is to operate a federally subsidized apartment complex, consisting of 100 units, under various HUD programs. This initiative aims to offer a secure and supportive living environment for this vulnerable population, enabling them to maintain their independence and dignity. By providing subsidized housing, Trinity Manor Inc contributes to fostering a sense of community and security among its residents, thus enhancing their overall quality of life.
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Impact
October, 2024
Trinity Manor Inc plays a crucial role in providing stable housing for low-income elderly residents aged 62 and older in Pasadena, CA. By operating a federally subsidized apartment complex with 100 units, it offers a vital support system that enables seniors to access affordable, secure living environments. This initiative not only alleviates financial stress for older adults but also fosters a sense of community and belonging among residents. Through its efforts under HUD programs, Trinity Manor Inc significantly contributes to improving the quality of life for vulnerable populations, ensuring they have a safe and supportive place to call home.
This information is meant to be a general summary of Trinity Manor 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: $22,007
- Program Service Revenue: $2,383,985
- Gross Receipts: $2,405,992
Assets and Liabilities:
- Total Assets: $11,616,862
- Total Liabilities: $4,657,774
- Net Assets: $6,959,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTS
Revenue
$2,383,443
LAUNDRY COMMISSIONS
Revenue
$182
TENANT CHARGES
Revenue
$360
Organization Details
Founding Year
2004
Phone
(323) 258-3512Principal Officer
Emil J Wohl
Main Address
PO BOX 7070, PASADENA, CA, 91109
NTEE Category
Code: L22 - Housing
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