Overview
What is The Salvation Army El Sobrante Residence Inc?
The Salvation Army El Sobrante Residence Inc is a nonprofit organization situated in Rancho Palos Verdes, California. It operates a subsidized apartment complex, offering affordable housing to low-income elderly or handicapped individuals. By providing this service, the organization aims to make living accommodations more accessible for those in need, contributing to their overall well-being. The nonprofit employs a small team of three individuals, further demonstrating its commitment to its mission.
Is The Salvation Army El Sobrante Residence Inc legitimate?
The Salvation Army El Sobrante Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army El Sobrante Residence 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: $77,183
For more financial information, click here
What is the mission statement of The Salvation Army El Sobrante Residence Inc?
The Salvation Army El Sobrante Residence Inc serves as a non-profit housing complex, providing subsidized accommodation for elderly individuals and those with disabilities who fall under the low-income bracket. Its primary mission is to offer a supportive living environment, ensuring these vulnerable populations have access to secure and affordable housing. The organization's activities are geared towards fostering an inclusive and care-oriented community, providing a much-needed resource for individuals who may face challenges in securing suitable housing due to their financial circumstances or physical abilities.
Who is the CEO of The Salvation Army El Sobrante Residence Inc?
Douglas Riley is the President of The Salvation Army El Sobrante Residence Inc.
What is the revenue of The Salvation Army El Sobrante Residence Inc?
The Salvation Army El Sobrante Residence Inc's revenue in 2022 was $430,210.
Who are the executives of The Salvation Army El Sobrante Residence Inc and what are their salaries?
The average compensation at The Salvation Army El Sobrante Residence Inc during 2022 was $25,728. There are 3 employees at The Salvation Army El Sobrante Residence 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 Sobrante Residence Inc?
The Salvation Army El Sobrante Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Salvation Army El Sobrante Residence Inc
The Salvation Army El Sobrante Residence Inc is a non-profit organization that dedicates its mission to providing subsidized housing for low-income elderly or handicapped individuals. This residential complex aims to offer a safe and comfortable living environment for those who may struggle financially or face mobility challenges. By offering subsidized housing, this non-profit organization plays a vital role in ensuring that these individuals have access to stable housing, which is a fundamental necessity for maintaining their overall well-being and quality of life. The Salvation Army El Sobrante Residence Inc is committed to making a positive impact in the lives of its residents, providing them with the support they need to live independently and with dignity.
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Impact
October, 2024
The Salvation Army El Sobrante Residence Inc significantly enhances the quality of life for low-income elderly and handicapped individuals by offering subsidized housing. This apartment complex in Rancho Palos Verdes serves as a crucial resource, providing safe and affordable living accommodations tailored to the needs of vulnerable populations. By ensuring access to housing, it empowers residents to maintain their independence and dignity, fostering a sense of community and support among tenants. Moreover, the residence plays a critical role in alleviating housing insecurity, helping to improve overall well-being and stability for its residents.
This information is meant to be a general summary of The Salvation Army El Sobrante Residence 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: $891
- Program Service Revenue: $186,219
- Gross Receipts: $430,210
Assets and Liabilities:
- Total Assets: $1,651,105
- Total Liabilities: $143,350
- Net Assets: $1,507,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$186,219
Organization Details
Founding Year
1991
Principal Officer
Douglas Riley
Main Address
LEGAL DEPT 30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: L41 - Housing
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