Overview
What is The Salvation Army Wahiawa Residences Inc?
The Salvation Army Wahiawa Residences Inc, located in Rancho Palos Verdes, California, is a nonprofit organization that operates an 87-unit apartment complex. Their primary mission is to provide subsidized housing for low-income elderly or handicapped individuals, ensuring they have a secure living environment. With a dedicated team of seven employees, this organization plays a significant role in supporting vulnerable members of society. They offer a home that caters to their specific needs, contributing to their overall well-being and independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Salvation Army Wahiawa Residences Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored exceptionally well across various metrics such as having a fully independent board, complete financial transparency with no material diversion of assets, and robust conflict of interest and whistleblower policies in place.
The organization demonstrates a high commitment to its mission as reflected in its program expense ratio of 97.10%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, the liabilities to assets ratio of 3.81% highlights its solid financial health, indicating a lower level of debt relative to its assets, which is a positive indicator for sustainability.
Despite the positive ratings, as with any organization, ongoing assessment of their service impact and community engagement remains essential. Overall, The Salvation Army Wahiawa Residences Inc stands out for its strong governance and effective use of resources in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Salvation Army Wahiawa Residences Inc legitimate?
The Salvation Army Wahiawa Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Wahiawa 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: $108,735
For more financial information, click here
What is the mission statement of The Salvation Army Wahiawa Residences Inc?
The Salvation Army Wahiawa Residences Inc is a non-profit organization that operates an apartment complex, providing subsidized housing to low-income elderly or handicapped individuals. Its primary mission is to offer a living space that is financially accessible to those who fall under these categories. The organization aims to contribute positively to the community by offering a safe and supportive environment, ensuring these individuals can live with dignity and independence. The 87-unit complex serves as a home for many, providing them with a place to call their own. The Salvation Army Wahiawa Residences Inc strives to foster a sense of community and support within the complex, ensuring the well-being and comfort of its residents.
Who is the CEO of The Salvation Army Wahiawa Residences Inc?
Douglas Riley is the President of The Salvation Army Wahiawa Residences Inc.
What is the revenue of The Salvation Army Wahiawa Residences Inc?
The Salvation Army Wahiawa Residences Inc's revenue in 2022 was $714,731.
Who are the executives of The Salvation Army Wahiawa Residences Inc and what are their salaries?
The average compensation at The Salvation Army Wahiawa Residences Inc during 2022 was $15,534. There are 7 employees at The Salvation Army Wahiawa 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 Wahiawa Residences Inc?
The Salvation Army Wahiawa Residences Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Salvation Army Wahiawa Residences Inc
The Salvation Army Wahiawa Residences Inc is a dedicated non-profit organization that operates an apartment complex, providing subsidized housing for low-income elderly or handicapped individuals. Their mission is centered around offering a supportive living environment for those in need, ensuring they have access to affordable housing that caters to their specific circumstances. The organization manages an 87-unit complex, offering a sense of community and security to its residents. By providing subsidized housing, The Salvation Army Wahiawa Residences Inc plays a crucial role in enhancing the quality of life for its residents, enabling them to focus on their well-being and personal growth.
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Impact
October, 2024
The Salvation Army Wahiawa Residences Inc significantly enhances the quality of life for low-income elderly and handicapped individuals by providing access to affordable housing. This 87-unit apartment complex in Rancho Palos Verdes offers a safe and supportive environment for residents, enabling them to maintain their independence while having their housing needs met. By catering specifically to vulnerable populations, it fosters a sense of community and belonging, alleviating the financial burdens often faced by low-income seniors and persons with disabilities. Ultimately, its impact extends beyond mere housing, contributing to the overall well-being and dignity of its residents.
This information is meant to be a general summary of The Salvation Army Wahiawa 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: $2,295
- Program Service Revenue: $238,489
- Gross Receipts: $714,731
Assets and Liabilities:
- Total Assets: $3,369,105
- Total Liabilities: $99,872
- Net Assets: $3,269,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$238,489
Organization Details
Founding Year
1991
Principal Officer
Douglas Riley
Main Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: L20 - Housing
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