Overview
What is The Glen Aire Mobilehome Park Corp?
The Glen Aire Mobilehome Park Corp is a nonprofit organization situated in San Bernardino, California. It operates a mobile home park, known as Glen Aire, which houses 131 spaces, primarily for families, with a mix of doublewide and singlewide homes. The park features amenities such as awnings, concrete or asphalt driveways, and covered carports. Spread across approximately 14.58 acres, Glen Aire was constructed in two phases between 1969 and 1971. The organization's primary mission is to provide affordable housing for low and moderate-income families by charging space rent and utilities, thereby helping to offset costs. Established to relieve governmental burdens, the corporation assumed ownership and operation of Glen Aire to contribute to the city's redevelopment efforts and promote economic growth within San Bernardino.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Glen Aire Mobilehome Park Corp has achieved a respectable Three-Star rating, indicating a solid level of accountability and financial health. The score is based entirely on their Accountability & Finance performance, which stands at 79%. This demonstrates a commitment to transparency and effective management of resources, essential for nonprofit operations.
The organization showcases strengths in governance, with a fully independent board comprising eight members, and excellent scores in financial oversight. Their program expense ratio is notably high at 96.72%, indicating that a significant portion of their funds is directed towards their programmatic activities rather than administrative costs. Furthermore, they have established robust policies regarding conflicts of interest, whistleblower protections, and document retention.
However, the rating suggests that while the financial practices are strong, there may be areas for improvement in overall program impact and community engagement. Prospective donors and supporters might consider these factors when evaluating their contributions and the potential effectiveness of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Glen Aire Mobilehome Park Corp legitimate?
The Glen Aire Mobilehome Park Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Glen Aire Mobilehome Park Corp 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: $0
For more financial information, click here
What is the mission statement of The Glen Aire Mobilehome Park Corp?
The Glen Aire Mobilehome Park Corp was established to alleviate governmental responsibilities by offering assistance to the former redevelopment agency of San Bernardino in its redevelopment initiatives. One of their key objectives is to promote economic development within the city of San Bernardino. To accomplish this, the corporation assumed ownership and operation of the Glen Aire Mobile Home Park, thereby increasing the availability of affordable housing for low and moderate income families within the city. By charging for space rent and utilities, the organization is able to cover costs, thereby augmenting the city's housing supply for this demographic.
Who is the CEO of The Glen Aire Mobilehome Park Corp?
Dennis Kazarian is the President of The Glen Aire Mobilehome Park Corp.
What is the revenue of The Glen Aire Mobilehome Park Corp?
The Glen Aire Mobilehome Park Corp's revenue in 2022 was $1,071,529.
Who are the executives of The Glen Aire Mobilehome Park Corp and what are their salaries?
There 2 volunteers at The Glen Aire Mobilehome Park Corp.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $66,500
- Other: $0
- Compensation: $0
- Related: $50,700
- Other: $0
- Compensation: $0
- Related: $11,500
- Other: $0
- Compensation: $0
- Related: $11,500
- Other: $0
- Compensation: $0
- Related: $11,500
- Other: $0
- Compensation: $0
- Related: $11,500
- Other: $0
- Compensation: $0
- Related: $11,500
- Other: $0
- Compensation: $0
- Related: $11,500
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Glen Aire Mobilehome Park Corp?
The Glen Aire Mobilehome Park Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Glen Aire Mobilehome Park Corp
The Glen Aire Mobilehome Park Corp was established with a mission to alleviate governmental burdens by aiding the former Redevelopment Agency of the City of San Bernardino in its redevelopment initiatives. This corporation's primary objective was to promote economic development within the city, specifically by assuming ownership and operation of the Glen Aire Mobile Home Park. By doing so, The Glen Aire Mobilehome Park Corp aimed to increase the availability of low and moderate income housing within the city, thereby contributing to the city's overall housing supply for families with limited financial resources. The corporation's charging of space rent and utilities serves to offset costs, thereby enabling the corporation to fulfill its mission of providing affordable housing options.
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Impact
October, 2024
The Glen Aire Mobilehome Park Corp significantly contributes to San Bernardino's housing landscape by providing affordable living options for low and moderate-income families. By offering 131 mobile home spaces, the park helps to alleviate housing shortages in the region. The rent structure, ranging from $397 to $661 per month with an average of $485, makes it accessible for many families who might struggle to find affordable housing in the area.
Located at 222 South Rancho Avenue, Glen Aire is designed primarily as a family park, creating a community environment that fosters familial ties and support. The infrastructure includes features such as awnings and driveways, enhancing the quality of living for residents. Additionally, the park plays a role in local economic development efforts by actively supporting the city’s initiatives to improve community welfare and increase housing availability.
Overall, Glen Aire Mobilehome Park Corp not only provides housing but also contributes to the economic stability and community improvement in San Bernardino. Its operations are a vital part of the city’s efforts to promote affordable living solutions amidst broader developmental goals.
This information is meant to be a general summary of The Glen Aire Mobilehome Park Corp. 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: $1,659
- Program Service Revenue: $1,069,870
- Gross Receipts: $1,071,529
Assets and Liabilities:
- Total Assets: $3,791,346
- Total Liabilities: $5,086,237
- Net Assets: -$1,294,891
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTALS
Revenue
$1,069,870
Organization Details
Founding Year
1996
Phone
(714) 744-4993Principal Officer
Dennis Kazarian
Main Address
P O BOX 11927, SANTA ANA, CA, 92711
NTEE Category
Code: S22 - Community improvement
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