Overview
What is The Salvation Army Albuquerque Residences Inc?
The Salvation Army Albuquerque Residences Inc is a nonprofit organization situated in Rancho Palos Verdes, California. It operates as a 56-unit apartment complex, offering subsidized housing to low-income elderly or handicapped individuals. The mission of this nonprofit is to provide a supportive living environment, ensuring these individuals have access to necessary housing. With a team of three dedicated employees, the Salvation Army Albuquerque Residences Inc plays a crucial role in addressing housing needs for vulnerable members of society.
Is The Salvation Army Albuquerque Residences Inc legitimate?
The Salvation Army Albuquerque Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Albuquerque 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: $77,616
For more financial information, click here
What is the mission statement of The Salvation Army Albuquerque Residences Inc?
The Salvation Army Albuquerque Residences Inc, as a non-profit entity, is dedicated to providing subsidized housing for the elderly and handicapped individuals who are financially disadvantaged. This organization operates a 56-unit apartment complex, serving as a refuge for those in need. The primary objective of The Salvation Army Albuquerque Residences Inc is to contribute positively to the well-being of its residents, ensuring they can live comfortably with the necessary support.
Who is the CEO of The Salvation Army Albuquerque Residences Inc?
Douglas Riley is the President of The Salvation Army Albuquerque Residences Inc.
What is the revenue of The Salvation Army Albuquerque Residences Inc?
The Salvation Army Albuquerque Residences Inc's revenue in 2022 was $434,594.
Who are the executives of The Salvation Army Albuquerque Residences Inc and what are their salaries?
The average compensation at The Salvation Army Albuquerque Residences Inc during 2022 was $25,872. There are 3 employees at The Salvation Army Albuquerque 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 Albuquerque Residences Inc?
The Salvation Army Albuquerque Residences Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Salvation Army Albuquerque Residences Inc
The Salvation Army Albuquerque Residences Inc is a dedicated non-profit organization that offers subsidized housing to low-income elderly or handicapped individuals. This charitable apartment complex serves as a sanctuary, providing essential aid to those in need. The mission of The Salvation Army Albuquerque Residences Inc is to create a supportive living environment, ensuring that its residents have access to affordable and secure housing, thereby enhancing their quality of life.
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Impact
October, 2024
The Salvation Army Albuquerque Residences Inc has a significant impact by providing subsidized housing for low-income elderly and handicapped individuals. This 56-unit apartment complex ensures that vulnerable populations have access to safe and affordable living conditions, which is crucial for their well-being and quality of life. By offering stability in housing, it allows residents to maintain independence and dignity, while also alleviating financial burdens associated with housing costs. The presence of this facility fosters a sense of community, support, and security among residents, contributing positively to their overall health and social integration.
This information is meant to be a general summary of The Salvation Army Albuquerque 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: $989
- Program Service Revenue: $179,520
- Gross Receipts: $434,594
Assets and Liabilities:
- Total Assets: $1,493,669
- Total Liabilities: $513,878
- Net Assets: $979,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$179,520
Organization Details
Founding Year
1992
Principal Officer
Douglas Riley
Main Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: L22 - Housing
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