Overview
What is Sarasota Area Housing Inc C/O Embrace Living Communities?
Sarasota Area Housing Inc C/O Embrace Living Communities is a nonprofit organization dedicated to offering affordable housing solutions for actively aging adults and individuals with physical challenges. Situated in Sarasota, Florida, their flagship project, Orchard Place of Sarasota, is a 40-unit community for seniors and physically challenged adults. Established in 1993, this government-subsidized housing complex is designed to cater to individuals who meet specific income guidelines, ensuring that rent never exceeds 30% of their gross monthly income. The organization's mission is to provide warm, welcoming homes for these individuals in embracing communities.
Official website here: www.embraceliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Sarasota Area Housing Inc C/O Embrace Living Communities has achieved an impressive 97% score, reflecting its strong commitment to accountability and financial management. The charity's high rating is primarily driven by its excellent performance in the Accountability & Finance category, where it scored 100%. This indicates that the organization effectively manages its resources and adheres to best practices in governance.
Strengths of the organization include a fully independent board with 87% of its members being independent, ensuring unbiased decision-making. Additionally, the charity has no material diversion of assets, a low liabilities to assets ratio of 3.47%, and a high program expense ratio of 89.33%, illustrating that the majority of its funds are directed towards its programs rather than administrative costs.
While the data presents a positive overview of Sarasota Area Housing Inc, it is important for potential donors and supporters to continue monitoring the organization to ensure ongoing transparency and effectiveness. Overall, the findings suggest a well-managed nonprofit dedicated to fulfilling its mission efficiently.
This AI summary has been generated from information found on Charity Navigator.
Is Sarasota Area Housing Inc C/O Embrace Living Communities legitimate?
Sarasota Area Housing Inc C/O Embrace Living Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota Area Housing Inc C/O Embrace Living Communities 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: $139,382
For more financial information, click here
Official website here: www.embraceliving.org
What is the mission statement of Sarasota Area Housing Inc C/O Embrace Living Communities?
Sarasota Area Housing Inc. affiliated with Embrace Living Communities has a mission to offer affordable, welcoming living spaces for actively aging adults with limited resources. Their mission is to provide a community that embraces living, catering specifically to seniors and physically challenged adults with medically documented conditions. The special design features of the apartments, such as accessible ones, are particularly beneficial for these individuals. To be eligible, applicants must meet federal income guidelines, with their income not exceeding the "very low" income standard established by the Department of Housing & Urban Development. The rent at this housing community does not surpass 30% of the resident's gross monthly income. The organization aims to offer an affordable, welcoming home for actively aging adults, promoting a living environment that is inclusive and supportive.
Official website here: www.embraceliving.org
Who is the CEO of Sarasota Area Housing Inc C/O Embrace Living Communities?
Anne Oliva is the President And Ceo of Sarasota Area Housing Inc C/O Embrace Living Communities. The CEO's salary of Sarasota Area Housing Inc C/O Embrace Living Communities is $0 and their total compensation is $388,734.
Official website here: www.embraceliving.org
What is the revenue of Sarasota Area Housing Inc C/O Embrace Living Communities?
Sarasota Area Housing Inc C/O Embrace Living Communities's revenue in 2022 was $488,738.
Official website here: www.embraceliving.org
Who are the executives of Sarasota Area Housing Inc C/O Embrace Living Communities and what are their salaries?
Here are 14 key members and their salaries (Sarasota Area Housing Inc C/O Embrace Living Communities's CEO's salary is $0 and their total compensation is $388,734):
- Compensation: $0
- Related: $344,607
- Other: $44,127
- Compensation: $0
- Related: $197,709
- Other: $17,173
- Compensation: $0
- Related: $131,888
- Other: $26,502
- Compensation: $0
- Related: $116,429
- Other: $37,184
- Compensation: $0
- Related: $102,461
- Other: $36,870
- Compensation: $0
- Related: $112,604
- Other: $21,935
- Compensation: $0
- Related: $100,579
- Other: $25,472
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.embraceliving.org
Where can I find the form 990 for Sarasota Area Housing Inc C/O Embrace Living Communities?
Sarasota Area Housing Inc C/O Embrace Living Communities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.embraceliving.org
Learn more at the official website: www.embraceliving.org
Mission Statement of Sarasota Area Housing Inc C/O Embrace Living Communities
Sarasota Area Housing Inc C/O Embrace Living Communities is dedicated to providing affordable and welcoming living spaces for actively aging adults and physically challenged individuals with limited resources. Their mission, Orchard Place of Sarasota, is a 40-unit housing community located in Sarasota, Florida. This government-subsidized residence caters specifically to seniors and adults with disabilities, opening its doors in 1993. Applicants must meet certain criteria, including being at least 18 years old, having a medically documented physical condition that could benefit from accessible apartment features, and falling within the federal income guidelines for the "very low" income standard established by the Department of Housing & Urban Development. The rent at this community does not exceed 30% of the resident's gross monthly income. The ultimate goal of Sarasota Area Housing Inc C/O Embrace Living Communities is to create an inclusive living environment that embraces all individuals, ensuring they can live with dignity and security.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Sarasota Area Housing Inc C/O Embrace Living Communities impacts actively aging adults by providing affordable and welcoming homes in communities that embrace living, specifically through the Orchard Place of Sarasota. This 40-unit, government-subsidized housing community caters to seniors and physically challenged adults with limited resources, offering accessible apartments tailored to their needs. By ensuring that residents meet federal income guidelines and pay rent not exceeding 30% of their gross monthly income, this organization enables individuals to live in a supportive and inclusive environment that promotes active aging and well-being.
This information is meant to be a general summary of Sarasota Area Housing Inc C/O Embrace Living Communities. 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: $208
- Program Service Revenue: $483,777
- Gross Receipts: $488,738
Assets and Liabilities:
- Total Assets: $1,104,873
- Total Liabilities: $38,375
- Net Assets: $1,066,498
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$107,081
TENANT ASSISTANCE PAYMENTS
Revenue
$376,696
Organization Details
Founding Year
1989
Phone
(630) 521-8701Principal Officer
Anne Oliva
Main Address
1900 SPRING ROAD SUITE 300, OAK BROOK, IL, 605231480
Website
www.embraceliving.orgNTEE Category
Code: L22 - Housing
If you are a representative of Sarasota Area Housing Inc C/O Embrace Living Communities and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.