Overview
What is The Salvation Army Pasadena Residences Inc?
The Salvation Army Pasadena Residences Inc is a compassionate nonprofit organization situated in Rancho Palos Verdes, California. It operates a subsidized apartment complex, offering affordable housing to the elderly and individuals with disabilities who fall under the low-income bracket. With a dedicated workforce of four individuals, this organization plays a crucial role in providing essential housing solutions, contributing to the overall well-being and comfort of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Salvation Army Pasadena Residences Inc scores highly with a 94%, reflecting excellent accountability and financial health. The rating is based on a comprehensive assessment that emphasizes fiscal integrity, with a perfect score in multiple categories including independent board governance and financial audits. The organization has demonstrated strong practices in conflict of interest and whistleblower policies, reinforcing its commitment to transparency.
Strengths include a robust program expense ratio of 96.45%, indicating that the majority of its resources are directed towards its mission-related activities. The organization also maintains a low liabilities to assets ratio of 41.09%, showcasing its financial stability and effective management of resources. The board is entirely independent, further enhancing its credibility and governance.
No significant limitations were noted in the data, highlighting the organization's overall effective management and strong operational practices. This solid performance suggests that donors can have confidence in the effectiveness and integrity of The Salvation Army Pasadena Residences Inc.
This AI summary has been generated from information found on Charity Navigator.
Is The Salvation Army Pasadena Residences Inc legitimate?
The Salvation Army Pasadena Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Pasadena 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.
What is the mission statement of The Salvation Army Pasadena Residences Inc?
The Salvation Army Pasadena Residences Inc is a non-profit organization that serves by offering subsidized housing to the elderly and handicapped individuals with low income. Their primary mission is to provide a living space that is affordable, ensuring these individuals have a secure and comfortable environment. The organization is committed to empowering these individuals by offering them a safe and supportive residential community. Additionally, they strive to promote independence and self-sufficiency, allowing the residents to maintain their dignity and quality of life.
Who is the CEO of The Salvation Army Pasadena Residences Inc?
Douglas Riley is the President of The Salvation Army Pasadena Residences Inc.
What is the revenue of The Salvation Army Pasadena Residences Inc?
The Salvation Army Pasadena Residences Inc's revenue in 2021 was $611,274.
Who are the executives of The Salvation Army Pasadena Residences Inc and what are their salaries?
Where can I find the form 990 for The Salvation Army Pasadena Residences Inc?
The Salvation Army Pasadena Residences Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Salvation Army Pasadena Residences Inc
The Salvation Army Pasadena Residences Inc is a dedicated non-profit organization that offers subsidized housing solutions to low-income elderly or handicapped individuals. This esteemed institution's primary mission is to provide a conducive living environment for those who may not be able to afford it otherwise. By offering subsidized housing, The Salvation Army Pasadena Residences Inc aims to alleviate the housing burden for this specific group of individuals, thereby enabling them to focus on other aspects of their lives. The organization's commitment to social welfare is evident in its mission to provide affordable housing, thus contributing to the overall well-being of its residents.
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Impact
July, 2024
The Salvation Army Pasadena Residences Inc's impact can be seen in the tangible difference it makes in the lives of low-income elderly or handicapped individuals in Rancho Palos Verdes, CA. By providing subsidized housing, this organization plays a crucial role in ensuring these individuals have a safe and affordable place to call home. This support not only addresses a basic human need for shelter but also contributes to the overall well-being and quality of life of vulnerable members of the community. Through its mission-driven work, The Salvation Army Pasadena Residences Inc helps create a more inclusive and caring society where everyone has access to dignified living conditions.
This information is meant to be a general summary of The Salvation Army Pasadena 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 2021.
- Investment Income: $795
- Program Service Revenue: $272,212
- Gross Receipts: $611,274
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$272,212
Organization Details
Founding Year
1990
Principal Officer
Douglas Riley
Main Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: Z99Z - Unknown
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