Overview
What is Colter Commons Inc?
Colter Commons Inc is a nonprofit organization situated in Glendale, Arizona, specifically at 8610 North 67th Avenue. Their primary focus is on providing affordable housing for senior citizens who are 62 years old or above and meet the income standards set by the Housing and Urban Development Department. The organization operates a 45-unit complex named Colter Commons in Phoenix, Arizona. Their mission is deeply rooted in compassion and quality, as they strive to offer a comprehensive range of HUD-subsidized housing services to their elderly residents. This mission is not just about offering housing, but doing so with a strong sense of love and care.
Official website here: www.glencroft.com
What do the Facebook reviews say about Colter Commons Inc?
Colter Commons Inc is quickly making an impression with its focus on community and personal growth. A reviewer highlighted the exceptional level of activities offered, which cater to various aspects of well-being—physical, mental, social, and spiritual. This comprehensive approach, combined with high-quality food reminiscent of a restaurant experience, seems to resonate deeply with participants.
With just two reviews available, the overall sentiment leans positively, reflecting a strong recommendation from individuals who appreciate the unique offerings of the nonprofit. It's clear that Colter Commons Inc stands out for its commitment to fostering a vibrant community and enriching experiences.
This AI summary has been generated from reviews found on Facebook.
Is Colter Commons Inc legitimate?
Colter Commons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colter Commons Inc 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: $129,868
For more financial information, click here
Official website here: www.glencroft.com
What is the mission statement of Colter Commons Inc?
Colter Commons Inc's mission is centered around providing a comprehensive range of high-quality, subsidized housing for seniors. This mission is carried out with a strong emphasis on demonstrating love and compassion. The organization operates under the HUD guidelines, offering housing to individuals who are 62 years or older and fall within the income standards set by the Housing and Urban Development Department. The primary goal is to ensure that seniors have access to suitable living conditions, showing care and compassion throughout the process.
Official website here: www.glencroft.com
Who is the CEO of Colter Commons Inc?
John Thorhauer is the Ceo of Colter Commons Inc. The CEO's salary of Colter Commons Inc is $0 and their total compensation is $324,419.
Official website here: www.glencroft.com
What is the revenue of Colter Commons Inc?
Colter Commons Inc's revenue in 2022 was $402,260.
Official website here: www.glencroft.com
Who are the executives of Colter Commons Inc and what are their salaries?
There 11 volunteers at Colter Commons Inc.
Here are 14 key members and their salaries (Colter Commons Inc's CEO's salary is $0 and their total compensation is $324,419):
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- Compensation: $0
- Related: $5,500
- Other: $0
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $324,419
- Other: $0
- Compensation: $0
- Related: $156,900
- Other: $3,138
Official website here: www.glencroft.com
Where can I find the form 990 for Colter Commons Inc?
Colter Commons Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.glencroft.com
Learn more at the official website: www.glencroft.com
Mission Statement of Colter Commons Inc
Colter Commons Inc, a nonprofit organization, is dedicated to providing a comprehensive range of high-quality, subsidized housing for seniors. This mission is carried out with a distinctive approach that exudes love and compassion. The organization's primary goal is to accommodate seniors, aged 62 and above, who fall under the low-income bracket, as set by the Housing and Urban Development Department. By offering this housing, Colter Commons Inc aims to create an environment that fosters the well-being and comfort of its residents.
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Impact
October, 2024
Colter Commons Inc has a significant impact on the community by providing high-quality, affordable housing specifically designed for seniors aged 62 and older who meet low-income standards. By operating a 45-unit affordable housing complex in Glendale, Arizona, Colter Commons addresses the crucial need for safe and comfortable living conditions for an underserved demographic.
Through its mission, the organization emphasizes love and compassion, creating an environment where seniors can thrive. This commitment not only enhances the quality of life for residents but also fosters a sense of community and support among them. The ability to offer HUD-subsidized housing allows Colter Commons to alleviate financial burdens, ensuring that seniors have access to essential amenities and services that promote their well-being.
In summary, Colter Commons Inc plays a vital role in supporting vulnerable seniors, contributing to the overall health and stability of the community while demonstrating the importance of compassion in housing solutions.
This information is meant to be a general summary of Colter Commons Inc. 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: $1,467
- Program Service Revenue: $400,793
- Gross Receipts: $402,260
Assets and Liabilities:
- Total Assets: $4,196,282
- Total Liabilities: $155,015
- Net Assets: $4,041,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD ASSISTANCE PAYMENT
Revenue
$230,510
RENTAL INCOME
Revenue
$156,267
OTHER INCOME
Revenue
$11,980
LAUNDRY & VENDING
Revenue
$2,036
Organization Details
Founding Year
2009
Phone
(623) 847-3005Principal Officer
John Thorhauer
Main Address
8611 NORTH 67TH AVENUE, GLENDALE, AZ, 85302
Website
www.glencroft.comNTEE Category
Code: L22 - Housing
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