Overview
What is Family Service Senior Housing Corporation?
Family Service Senior Housing Corporation is a nonprofit organization dedicated to addressing the housing needs of low-income seniors. Their primary mission is to offer affordable living accommodations, accomplished through the operation of Mission Villas, an affordable housing complex that houses 54 units. By providing this service, the corporation aims to contribute positively to the well-being of elderly individuals with limited financial resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Family Service Senior Housing Corporation has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization's overall score is based entirely on its accountability and finance metrics, achieving a notable score of 82%. This reflects its commitment to maintaining transparency and effective financial practices.
One of the strengths of Family Service Senior Housing Corporation includes having a fully independent board, with 100% of its members being independent. Additionally, the organization has demonstrated exemplary fiscal management, with a program expense ratio of 86.41%, which suggests that a significant majority of its funds are directed towards its programs and services. The absence of any material diversion of assets further reinforces its financial integrity.
While the organization has commendable aspects, it is essential to consider that the rating is solely based on financial accountability metrics. There may be other factors affecting overall performance and impact that are not captured in this rating. Nonetheless, the strong financial practices and governance indicate a reliable organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Family Service Senior Housing Corporation legitimate?
Family Service Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Service Senior Housing Corporation 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:
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Professional Fundraising Fees: $0
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For more financial information, click here
What is the mission statement of Family Service Senior Housing Corporation?
Family Service Senior Housing Corporation's mission is centered around providing affordable housing solutions for low-income seniors. They accomplish this by managing the Mission Villas complex, which offers 54 affordable housing units. The corporation's primary goal is to ensure that senior citizens with limited financial resources have access to comfortable and affordable living spaces. By doing so, they contribute to improving the quality of life for this vulnerable population. Additionally, Family Service Senior Housing Corporation may provide support services or resources to enhance the overall living experience of its residents, although this information was not included in the provided data.
Who is the CEO of Family Service Senior Housing Corporation?
Cheryl Hansberger is the Chairman of Family Service Senior Housing Corporation.
What is the revenue of Family Service Senior Housing Corporation?
Family Service Senior Housing Corporation's revenue in 2022 was $613,760.
Who are the executives of Family Service Senior Housing Corporation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Family Service Senior Housing Corporation?
Family Service Senior Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Family Service Senior Housing Corporation
Family Service Senior Housing Corporation is dedicated to providing affordable housing solutions for low-income seniors. This nonprofit organization achieves this mission by managing the Mission Villas complex, which comprises 54 units of affordable housing. By offering affordable housing options, Family Service Senior Housing Corporation aims to contribute to the well-being and independence of senior citizens, ensuring they have a secure place to reside.
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Impact
July, 2024
Family Service Senior Housing Corporation's impact is clear - they provide a vital service by offering affordable housing for low-income seniors. Through operating the Mission Villas affordable housing complex with 54 units in Moreno Valley, CA, they are directly addressing the housing needs of this vulnerable population. This allows seniors with limited financial means to have a safe and stable place to live, improving their quality of life and overall well-being.
This information is meant to be a general summary of Family Service Senior Housing Corporation. 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: $57
- Program Service Revenue: $217,123
- Gross Receipts: $613,760
Assets and Liabilities:
- Total Assets: $2,337,801
- Total Liabilities: $91,055
- Net Assets: $2,246,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$213,530
LAUNDRY INCOME
Revenue
$3,593
Organization Details
Founding Year
1994
Phone
(951) 300-0450Principal Officer
Cheryl Hansberger
Main Address
21250 BOX SPRINGS ROAD SUITE 215, MORENO VALLEY, CA, 92557
NTEE Category
Code: L22Z - Housing
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