Overview
What is University Center For Senior Citizens Inc?
University Center For Senior Citizens Inc is a not-for-profit organization, established in accordance with Indiana's nonprofit statutes. Its primary mission is to operate a 50-unit housing community named University Center, situated in Indianapolis, Indiana. This housing facility is specifically designed for low-income elderly individuals, in line with Section 202 of the National Housing Act. The original mortgage for this project was later refinanced under Section 207, adhering to Section 223(F) of the National Housing Act. The organization's purpose is to provide suitable housing for this demographic, contributing to their well-being and quality of life.
Official website here: www.rhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
The University Center for Senior Citizens Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 81%. This rating is based entirely on its Accountability & Finance, indicating a strong emphasis on financial stewardship and responsible management. The organization demonstrates transparency and commitment to best practices, as evidenced by a full score in key areas such as independent board members and financial oversight.
Notably, the charity has achieved a high program expense ratio of 91.24%, suggesting that a significant portion of its funds is directed towards its mission-driven activities. Additionally, the organization has no material diversion of assets, indicating good governance and management practices. The presence of comprehensive policies, including a conflict of interest and whistleblower policy, further enhances its credibility.
However, the score reflects some concern regarding the liabilities to assets ratio, which is at 85.97% and received no points. This could indicate potential financial risks that might impact the organization's long-term sustainability. Overall, while the University Center for Senior Citizens Inc shows strengths in governance and financial accountability, it may need to address its financial liabilities to ensure ongoing operational health.
This AI summary has been generated from information found on Charity Navigator.
Is University Center For Senior Citizens Inc legitimate?
University Center For Senior Citizens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Center For Senior Citizens 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: $0
For more financial information, click here
Official website here: www.rhf.org
What is the mission statement of University Center For Senior Citizens Inc?
The University Center for Senior Citizens Inc. is a not-for-profit organization established in accordance with Indiana's not-for-profit statutes. Its primary purpose is to operate a 50-unit community, named University Center, providing affordable housing for low-income elderly individuals. This is done in compliance with Section 202 of the National Housing Act, and the original mortgage was later refinanced under Section 207, also following provisions from the National Housing Act. The organization's mission, in essence, is to offer housing solutions for elderly individuals with limited income.
Official website here: www.rhf.org
Who is the CEO of University Center For Senior Citizens Inc?
Stuart Hartman is the Principal Officer of University Center For Senior Citizens Inc. The CEO's salary of University Center For Senior Citizens Inc is $0 and their total compensation is $399,323.
Official website here: www.rhf.org
What is the revenue of University Center For Senior Citizens Inc?
University Center For Senior Citizens Inc's revenue in 2022 was $527,297.
Official website here: www.rhf.org
Who are the executives of University Center For Senior Citizens Inc and what are their salaries?
Here are 33 key members and their salaries (University Center For Senior Citizens Inc's CEO's salary is $0 and their total compensation is $399,323):
- Compensation: $0
- Related: $529,406
- Other: $72,819
- Compensation: $0
- Related: $400,678
- Other: $45,884
- Compensation: $0
- Related: $370,863
- Other: $28,460
- Compensation: $0
- Related: $285,306
- Other: $23,599
- Compensation: $0
- Related: $249,358
- Other: $38,027
- Compensation: $0
- Related: $228,343
- Other: $34,063
- Compensation: $0
- Related: $225,577
- Other: $40,729
- Compensation: $0
- Related: $220,808
- Other: $2,920
- Compensation: $0
- Related: $215,329
- Other: $22,887
- Compensation: $0
- Related: $215,812
- Other: $30,308
- Compensation: $0
- Related: $199,807
- Other: $40,223
- Compensation: $0
- Related: $184,532
- Other: $14,950
- Compensation: $0
- Related: $178,388
- Other: $16,625
- Compensation: $0
- Related: $174,418
- Other: $13,813
- Compensation: $0
- Related: $165,932
- Other: $16,120
- Compensation: $0
- Related: $153,823
- Other: $4,615
- Compensation: $0
- Related: $154,798
- Other: $15,575
- Compensation: $0
- Related: $148,404
- Other: $12,505
- Compensation: $0
- Related: $147,277
- Other: $13,966
- Compensation: $0
- Related: $151,008
- Other: $14,176
- Compensation: $0
- Related: $146,427
- Other: $2,944
- Compensation: $0
- Related: $139,916
- Other: $3,250
- Compensation: $0
- Related: $139,727
- Other: $20,173
- Compensation: $0
- Related: $66,364
- Other: $2,374
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhf.org
Where can I find the form 990 for University Center For Senior Citizens Inc?
University Center For Senior Citizens Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rhf.org
Learn more at the official website: www.rhf.org
Mission Statement of University Center For Senior Citizens Inc
University Center for Senior Citizens Inc, a not-for-profit corporation, was established with a mission to provide housing for low-income elderly individuals. This mission is in line with Section 202 of the National Housing Act, which the organization adheres to. Initially, the housing was funded through an original mortgage. Subsequently, the mortgage was refinanced under Section 207, utilizing Section 223(F) of the National Housing Act. The primary purpose of University Center for Senior Citizens Inc is to ensure that elderly individuals in need have a suitable living space, thereby contributing to their well-being.
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Impact
July, 2024
University Center For Senior Citizens Inc provides essential housing for low-income elderly persons in Indianapolis, Indiana. Through its operation of a 50-unit community known as University Center, the organization ensures that elderly individuals have a safe and affordable place to live. By offering housing in accordance with Section 202 of the National Housing Act, University Center For Senior Citizens Inc plays a vital role in supporting the well-being and security of the elderly population in the area.
This information is meant to be a general summary of University Center For Senior Citizens 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: $684
- Program Service Revenue: $115,148
- Gross Receipts: $527,297
Assets and Liabilities:
- Total Assets: $1,926,614
- Total Liabilities: $1,730,483
- Net Assets: $196,131
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$115,148
Organization Details
Founding Year
1981
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.rhf.orgNTEE Category
Code: L22Z - Housing
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