Overview
What is Sierra Gateway Senior Residence?
Sierra Gateway Senior Residence is a nonprofit organization situated in Duarte, California, specifically at 1900 Huntington Drive, CA 91010. Its primary mission is to provide affordable housing for the elderly, catering to their physical, social, and psychological needs. In association with the United States Department of Housing and Urban Development, it operates under Section 202 of the National Housing Act. The organization offers low-cost rental housing and related facilities and services, aiming to enhance the elderly's health, security, happiness, and overall well-being in their later years.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Sierra Gateway Senior Residence has earned a Three-Star rating from Charity Navigator, signifying a solid performance in accountability and finance. The overall score is based entirely on the Accountability & Finance beacon, reflecting a commitment to transparency and responsible management of resources. The organization scored particularly well in areas such as having an independent board and maintaining comprehensive financial policies.
With 85% of board members being independent and a full score in financial oversight, Sierra Gateway demonstrates a strong governance structure. Their commitment to ethical practices is further highlighted by the presence of policies on conflicts of interest, whistleblower protection, and document retention. Additionally, the program expense ratio is impressive at 89.01%, indicating that a significant portion of funds is directed towards their programs rather than administrative costs.
While the score reflects a generally positive assessment, it is important for potential donors and stakeholders to continue monitoring the organization’s performance and ensure that it maintains these standards. Consistent engagement with the community and transparency in future operations will be key to sustaining their reputation and effectiveness in serving senior residents.
This AI summary has been generated from information found on Charity Navigator.
Is Sierra Gateway Senior Residence legitimate?
Sierra Gateway Senior Residence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sierra Gateway Senior Residence 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 Sierra Gateway Senior Residence?
Sierra Gateway Senior Residence is dedicated to providing affordable housing for the elderly, catering to their physical, social, and psychological needs. The facilities and services offered are specifically designed to enhance their health, security, happiness, and overall well-being in their later years. By doing so, the residence aims to contribute positively to their longer living. The organization works in collaboration with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act to provide low-income retirement housing.
Official website here: www.humangood.org
Who is the CEO of Sierra Gateway Senior Residence?
John H Cochrane Iii is the Chief Executive Officer of Sierra Gateway Senior Residence. The CEO's salary of Sierra Gateway Senior Residence is $0 and their total compensation is $671,183.
Official website here: www.humangood.org
What is the revenue of Sierra Gateway Senior Residence?
Sierra Gateway Senior Residence's revenue in 2022 was $682,948.
Official website here: www.humangood.org
Who are the executives of Sierra Gateway Senior Residence and what are their salaries?
Here are 15 key members and their salaries (Sierra Gateway Senior Residence'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 Sierra Gateway Senior Residence?
Sierra Gateway Senior Residence'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 Sierra Gateway Senior Residence
Sierra Gateway Senior Residence is dedicated to providing affordable housing for the elderly, catering to their physical, social, and psychological needs. The organization's mission is to create an environment that promotes the health, security, happiness, and overall usefulness of senior citizens in their later years. By offering low-cost rental housing and associated facilities and services, Sierra Gateway Senior Residence aims to contribute positively to the well-being of its elderly residents. This mission is carried out in association with the United States Department of Housing and Urban Development, under Section 202 of the National Housing Act.
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Impact
July, 2024
Sierra Gateway Senior Residence's impact can be seen in its commitment to providing low-cost rental housing for the elderly. By offering facilities and services specifically designed to meet the physical, social, and psychological needs of the aged, the organization contributes to the health, security, happiness, and usefulness of seniors in their later years. Through its association with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act, Sierra Gateway Senior Residence plays a crucial role in supporting low-income retirement housing for the elderly in Duarte, CA. This initiative not only provides affordable living arrangements but also fosters a sense of community and care for the aging population, promoting their well-being and quality of life.
This information is meant to be a general summary of Sierra Gateway Senior Residence. 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: $665
- Program Service Revenue: $286,338
- Gross Receipts: $682,948
Assets and Liabilities:
- Total Assets: $6,828,653
- Total Liabilities: $10,318,970
- Net Assets: -$3,490,317
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$282,083
LAUNDRY AND VENDING
Revenue
$2,687
TENANT CHARGES
Revenue
$1,568
Organization Details
Founding Year
2004
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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