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Palm Village Senior Housing Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300311847 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Palm Village Senior Housing Corp?

Palm Village Senior Housing Corp is a nonprofit organization situated in Los Angeles, California, specifically at 231 E 3rd St, NO G106. The primary mission of this organization is to offer housing solutions for elderly individuals with limited income. Whether it's providing essential amenities or ensuring that senior citizens have a secure and comfortable living space, Palm Village Senior Housing Corp is dedicated to fulfilling this vital role in the community.

Is Palm Village Senior Housing Corp legitimate?

Palm Village Senior Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palm Village Senior Housing Corp 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: $57,116

For more financial information, click here

What is the mission statement of Palm Village Senior Housing Corp?

Palm Village Senior Housing Corp's mission is centered around providing housing for individuals who are elderly and fall under the low-income category. This organization is dedicated to ensuring that this demographic has access to suitable living accommodations. By offering this housing, Palm Village Senior Housing Corp aims to contribute positively to the well-being and livelihood of its residents, allowing them to maintain a dignified living situation. The organization's activities primarily revolve around the provision of housing, ensuring that elderly individuals with limited financial resources have a safe and comfortable place to call home.

Who is the CEO of Palm Village Senior Housing Corp?

Erich Nakano is the President of Palm Village Senior Housing Corp.

What is the revenue of Palm Village Senior Housing Corp?

Palm Village Senior Housing Corp's revenue in 2022 was $441,971.

Who are the executives of Palm Village Senior Housing Corp and what are their salaries?


Here are 7 key members and their salaries:


Erich Minoru Nakano (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keh Rachanit Trikandha (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wora Rapp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Mitani (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Ing-Aram (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akemi Arakaki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Usanee Tuk Sumondis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Palm Village Senior Housing Corp?

Palm Village Senior Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Palm Village Senior Housing Corp

Palm Village Senior Housing Corp is dedicated to providing housing solutions for low-income elderly individuals. This nonprofit organization's mission is centered around ensuring that elderly people in need have a place to call home. By focusing on this demographic, Palm Village Senior Housing Corp seeks to make a significant impact on the lives of elderly individuals who may otherwise struggle with housing insecurity. The organization's primary activity is providing housing, and this mission is reflected in every aspect of its operations.

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Impact




October, 2024

Palm Village Senior Housing Corp significantly impacts the community by addressing the critical need for affordable housing options for low-income elderly individuals. By providing safe and accessible living environments, the organization helps enhance the quality of life for seniors, fostering independence and dignity in their golden years. Located in Los Angeles, California, Palm Village creates a supportive community where seniors can thrive, as it not only offers housing but also promotes social connection among residents. This initiative plays a crucial role in alleviating the challenges faced by elderly populations, ensuring that they have a stable place to call home.




This information is meant to be a general summary of Palm Village Senior Housing Corp. 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.

Revenue
$441,971 (2022)
Expenses
$819,770 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $88
  • Program Service Revenue: $219,550
  • Gross Receipts: $441,971

Assets and Liabilities:

  • Total Assets: $7,809,533
  • Total Liabilities: $13,165,780
  • Net Assets: -$5,356,247

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$219,550

Organization Details

Founding Year

2005

Principal Officer

Erich Nakano

Main Address

231 E 3RD ST NO G106, LOS ANGELES, CA, 90013

NTEE Category

Code: L21 - Housing

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