Overview
What is Shalom Center For Tree Of Life?
The Shalom Center for Tree of Life is a nonprofit organization based in Los Angeles, California. Specifically located at 2975 Wilshire Blvd, CA 90010, it focuses on assisting low and moderate-income homebuyers in the Los Angeles and Orange County areas. They offer free counseling and training to educate clients about their home purchase options, as well as providing outreach and educational events for low-income individuals. With a dedicated team of four employees, the Shalom Center strives to empower individuals in these communities to navigate the homebuying process with confidence and knowledge.
Official website here: www.shalomcenter.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
Shalom Center For Tree Of Life has received a One-Star rating from Charity Navigator, highlighting significant concerns in its financial transparency and governance practices. While the organization boasts a fully independent board, issues such as the absence of financial statements and several critical policies—including conflict of interest, whistleblower, and document retention—are notable weaknesses that have impacted its overall score.
Despite these challenges, the charity maintains a relatively strong program expense ratio of 60.02%, indicating that a substantial portion of its resources is allocated towards its programs. The organization also demonstrates a solid liabilities to assets ratio, suggesting it is managing its financial obligations effectively. However, the lack of comprehensive financial documentation raises concerns regarding accountability and informed donor decision-making.
Overall, while Shalom Center For Tree Of Life shows strengths in independent governance and program spending, its low rating reflects serious deficiencies in accountability and transparency that potential donors should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Shalom Center For Tree Of Life legitimate?
Shalom Center For Tree Of Life is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shalom Center For Tree Of Life 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: $180,970
For more financial information, click here
Official website here: www.shalomcenter.net
What is the mission statement of Shalom Center For Tree Of Life?
The Shalom Center for Tree of Life's mission revolves around assisting low and moderate-income homebuyers. They offer free counseling and training to educate clients about their home purchasing options. Additionally, they conduct outreach and educational events aimed at low-income individuals, aiming to broaden their understanding of homeownership possibilities.
Official website here: www.shalomcenter.net
Who is the CEO of Shalom Center For Tree Of Life?
Jee R Lee is the Director of Shalom Center For Tree Of Life.
Official website here: www.shalomcenter.net
What is the revenue of Shalom Center For Tree Of Life?
Shalom Center For Tree Of Life's revenue in 2022 was $1,352,339.
Official website here: www.shalomcenter.net
Who are the executives of Shalom Center For Tree Of Life and what are their salaries?
The average compensation at Shalom Center For Tree Of Life during 2022 was $45,242. There are 4 employees at Shalom Center For Tree Of Life.
Here are 7 key members and their salaries:
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Official website here: www.shalomcenter.net
Where can I find the form 990 for Shalom Center For Tree Of Life?
Shalom Center For Tree Of Life's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shalomcenter.net
Learn more at the official website: www.shalomcenter.net
Mission Statement of Shalom Center For Tree Of Life
The Shalom Center for Tree of Life, a nonprofit organization, is dedicated to aiding low and moderate-income homebuyers in various areas. Its mission involves providing free counseling and training to educate clients about their home purchase options. Additionally, the Shalom Center organizes outreach and education events for low-income individuals, aiming to empower them with knowledge about their housing opportunities. By doing so, the organization seeks to make homeownership a more accessible and informed choice for those who might otherwise struggle with the process.
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Impact
June, 2024
Shalom Center For Tree Of Life is making a meaningful impact by assisting low and moderate-income homebuyers in the Los Angeles and Orange County areas. Through free counseling and training, they educate clients about their home purchase options, empowering them to make informed decisions and achieve their homeownership goals. Additionally, the Shalom Center is actively engaged in providing outreach and educational events for low-income individuals, contributing to greater financial literacy and stability within the community. Their work is essential in supporting individuals to navigate the complexities of the housing market and improve their overall well-being.
This information is meant to be a general summary of Shalom Center For Tree Of Life. 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
- Program Service Revenue: $41,179
- Gross Receipts: $1,352,339
Assets and Liabilities:
- Total Assets: $1,643,347
- Total Liabilities: $15,208
- Net Assets: $1,628,139
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER FEES
Revenue
$41,179
Organization Details
Founding Year
1998
Phone
(213) 268-0807Principal Officer
Jee R Lee
Main Address
2975 WILSHIRE BLVD, LOS ANGELES, CA, 90010
Website
www.shalomcenter.netNTEE Category
Code: F320 - Mental health
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