Overview
What is Santiago Sunrise Village Mobile Home Park Corporation?
Santiago Sunrise Village Mobile Home Park Corporation is a nonprofit organization situated in Palm Springs, California. Established to alleviate governmental burdens, its primary mission is to support the city's economic development and eliminate blighting conditions. To accomplish this, the corporation took ownership and operates Santiago Sunrise Village Mobile Home Park, providing low and moderate income housing. The park, primarily designed for families, boasts 171 mobile home spaces, which include double and single-wide units. Most of the homes feature amenities such as awnings, concrete driveways, asphalt, and covered carports. The organization generates revenue by charging for space rent and utilities, enabling it to maintain the park and contribute to the city's housing supply. Spread across approximately 19.65 acres, Santiago Sunrise Village caters to families with affordable housing options, offering a supportive community within its boundaries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Santiago Sunrise Village Mobile Home Park Corporation has earned a Three-Star rating from Charity Navigator, reflecting a score of 79% based entirely on its Accountability & Finance metrics. This score indicates a solid level of financial health and transparency, which is crucial for building trust with donors and stakeholders. The organization has demonstrated strong accountability measures, with 80% of its board members being independent, ensuring impartial governance.
The nonprofit's financial practices are commendable, evidenced by a program expense ratio of 96.32%, which indicates that a significant portion of its budget is directed toward its programs rather than administrative costs. The organization also adheres to best practices by having well-defined policies regarding conflicts of interest, whistleblower protections, and document retention. This level of diligence is a positive sign for potential donors and beneficiaries.
Despite its strengths, the rating primarily focuses on financial accountability, and there may be limited insight into the impact of its programs. While the organization excels in governance and transparency, the effectiveness of its initiatives could benefit from further evaluation to provide a more comprehensive understanding of its overall performance and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Santiago Sunrise Village Mobile Home Park Corporation legitimate?
Santiago Sunrise Village Mobile Home Park Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santiago Sunrise Village Mobile Home Park 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,711
For more financial information, click here
What is the mission statement of Santiago Sunrise Village Mobile Home Park Corporation?
The Santiago Sunrise Village Mobile Home Park Corporation was established with a mission to alleviate governmental burdens by offering assistance to the city of an unspecified location and its redevelopment agency. This assistance is aimed at promoting economic development and eliminating blighting conditions within the city. To accomplish this, the corporation took ownership and management of Santiago Sunrise Village Mobile Home Park, thereby increasing the availability of affordable housing for low and moderate-income families. The organization generates revenue by charging for space rent and utilities, which in turn, helps offset its operational costs. This strategy contributes to the city's housing supply for families with limited financial resources.
Who is the CEO of Santiago Sunrise Village Mobile Home Park Corporation?
Dennis Kazarian is the President of Santiago Sunrise Village Mobile Home Park Corporation.
What is the revenue of Santiago Sunrise Village Mobile Home Park Corporation?
Santiago Sunrise Village Mobile Home Park Corporation's revenue in 2022 was $1,092,002.
Who are the executives of Santiago Sunrise Village Mobile Home Park Corporation and what are their salaries?
There 2 volunteers at Santiago Sunrise Village Mobile Home Park Corporation.
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 Santiago Sunrise Village Mobile Home Park Corporation?
Santiago Sunrise Village Mobile Home Park Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Santiago Sunrise Village Mobile Home Park Corporation
Santiago Sunrise Village Mobile Home Park Corporation, established with the purpose of alleviating governmental burdens, plays a significant role in supporting economic development and eliminating blighting conditions. One of the ways this organization accomplishes this mission is by taking ownership and managing Santiago Sunrise Village Mobile Home Park. This venture aims to increase the availability of affordable housing for low and moderate-income families in the city. By charging for space rent and utilities, Santiago Sunrise Village Mobile Home Park Corporation offsets its costs, enabling it to contribute to the city's housing supply for economically disadvantaged families.
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Impact
October, 2024
Santiago Sunrise Village Mobile Home Park Corporation plays a vital role in addressing housing needs within Palm Springs, California. By providing affordable mobile home spaces, the organization contributes to increasing the city's supply of housing for low and moderate-income families.
Located on a 19.65-acre site, the park offers 171 mobile home spaces that primarily cater to families, with rental prices ranging from $427 to $640 per month and an average monthly rent of $515. This affordability is crucial for residents who may otherwise struggle to find suitable housing. The park's facilities, including doublewide spaces and amenities like concrete driveways and covered carports, enhance the living experience for families.
The corporation also supports local economic development efforts and helps alleviate blighting conditions in the area. By managing the mobile home park, it directly assists the city in its goal to promote community welfare and sustainable living options. Overall, Santiago Sunrise Village Mobile Home Park Corporation is instrumental in fostering a supportive environment for families seeking affordable housing, thereby contributing positively to the social fabric of Palm Springs.
This information is meant to be a general summary of Santiago Sunrise Village Mobile Home Park 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: $735
- Program Service Revenue: $1,091,267
- Gross Receipts: $1,092,002
Assets and Liabilities:
- Total Assets: $4,612,650
- Total Liabilities: $6,805,849
- Net Assets: -$2,193,199
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTALS
Revenue
$1,091,267
Organization Details
Founding Year
2000
Phone
(714) 744-4993Principal Officer
Dennis Kazarian
Main Address
P O BOX 11927, SANTA ANA, CA, 92711
NTEE Category
Code: L20 - Housing
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