Overview
What is The Salvation Army El Cajon Residences Inc?
The Salvation Army El Cajon Residences Inc is a dedicated nonprofit organization based in Rancho Palos Verdes, California. Its primary focus is to provide subsidized housing for low-income elderly or handicapped individuals, offering them a safe and supportive living environment. With a small workforce of four employees, this nonprofit apartment complex aims to make a significant difference in the lives of those who need assistance, contributing to the community's welfare by offering affordable housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
The Salvation Army El Cajon Residences Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance performance. The overall score of 79% suggests that the organization meets several key standards, particularly in areas like having a fully independent board and maintaining well-audited financial statements. The charity successfully implements essential policies such as conflict of interest and whistleblower protections.
Strengths of the organization include a strong program expense ratio, indicating that nearly all of its expenses are directed toward programs rather than administrative costs. The presence of 100% independent board members further enhances its governance credibility. Additionally, the charity has demonstrated effective financial management practices, with no reported material diversion of assets.
However, the organization faces challenges as evidenced by a liabilities to assets ratio exceeding 100%, which suggests a potential concern regarding financial stability. While the charity shows strengths in governance and operational focus, this financial metric indicates a need for careful monitoring and improvement in managing its liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is The Salvation Army El Cajon Residences Inc legitimate?
The Salvation Army El Cajon Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army El Cajon Residences 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: $160,512
For more financial information, click here
What is the mission statement of The Salvation Army El Cajon Residences Inc?
The Salvation Army El Cajon Residences Inc is a non-profit organization that offers subsidized housing to low-income elderly or handicapped individuals. Their primary mission is to provide a living space that is accessible and affordable for this specific demographic, aiming to contribute positively to their well-being and quality of life. The organization's activities are centered around ensuring that these individuals have a safe and comfortable living environment, thereby promoting their overall health and independence.
Who is the CEO of The Salvation Army El Cajon Residences Inc?
Douglas Riley is the President of The Salvation Army El Cajon Residences Inc.
What is the revenue of The Salvation Army El Cajon Residences Inc?
The Salvation Army El Cajon Residences Inc's revenue in 2022 was $938,099.
Who are the executives of The Salvation Army El Cajon Residences Inc and what are their salaries?
The average compensation at The Salvation Army El Cajon Residences Inc during 2022 was $40,128. There are 4 employees at The Salvation Army El Cajon Residences Inc.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $50,544
- Other: $31,109
- Compensation: $0
- Related: $48,289
- Other: $23,378
- Compensation: $0
- Related: $48,289
- Other: $23,378
- Compensation: $0
- Related: $40,503
- Other: $23,766
- Compensation: $0
- Related: $40,503
- Other: $23,766
- Compensation: $0
- Related: $28,990
- Other: $25,787
- Compensation: $0
- Related: $27,234
- Other: $25,787
- Compensation: $0
- Related: $26,429
- Other: $20,630
- Compensation: $0
- Related: $26,429
- Other: $20,630
- Compensation: $0
- Related: $12,271
- Other: $10,315
- Compensation: $0
- Related: $12,271
- Other: $10,315
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Salvation Army El Cajon Residences Inc?
The Salvation Army El Cajon Residences Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Salvation Army El Cajon Residences Inc
The Salvation Army El Cajon Residences Inc is a dedicated non-profit organization that offers subsidized housing to low-income elderly or handicapped individuals. This noble entity's mission lies in providing a sanctuary to those who require assistance in securing a stable living situation. The organization's primary focus is on serving the needs of this specific demographic, offering them a chance to live with dignity and independence. By offering subsidized housing, The Salvation Army El Cajon Residences Inc is able to alleviate some of the financial burdens faced by these individuals, thereby enhancing their overall quality of life.
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Impact
October, 2024
The Salvation Army El Cajon Residences Inc significantly impacts the community by offering subsidized housing specifically designed for low-income elderly and handicapped individuals. By providing affordable apartment options, it enhances the quality of life for residents who might otherwise struggle to find suitable living arrangements. This initiative fosters a sense of stability and security, allowing individuals to maintain their independence in a supportive environment. Through its commitment to serving vulnerable populations, it addresses critical housing needs and contributes to the overall well-being of the region, ensuring that those who are elderly or have disabilities can live with dignity and access the resources they need.
This information is meant to be a general summary of The Salvation Army El Cajon Residences 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: $842
- Program Service Revenue: $275,430
- Gross Receipts: $938,099
Assets and Liabilities:
- Total Assets: $2,572,954
- Total Liabilities: $3,283,475
- Net Assets: -$710,521
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$275,430
Organization Details
Founding Year
1987
Principal Officer
Douglas Riley
Main Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: L22 - Housing
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