Overview
What is Delavan Active Seniors Corp I?
Delavan Active Seniors Corp I is a nonprofit organization, specifically located at 8 South Michigan Avenue Suite 3100, Chicago, Illinois. Their primary mission is to provide housing, assisted care, community services, and various other support for active senior citizens. The organization incurs expenses for maintaining the housing units and related costs to ensure the well-being of its senior residents. With a workforce of 16 individuals, Delavan Active Seniors Corp I is committed to enriching the lives of elderly citizens in its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 49%, Zero-Star out of Four Star rating.
Delavan Active Seniors Corp I has received a low score of 49%, which reflects significant concerns about its accountability and financial practices. The organization has not demonstrated independent governance, with 0% of its board members being independent. Additionally, the lack of a website listed on the tax form and missing financial statements further impact its rating negatively.
Despite these challenges, the nonprofit shows a strong commitment to its program expenses, with 88.15% of its budget allocated directly to its programs. The presence of listed policies regarding conflict of interest, whistleblower protections, and document retention indicates some level of operational integrity. However, the overall financial health of the organization appears to be concerning, as indicated by a liabilities to assets ratio of 286.68%.
In summary, while Delavan Active Seniors Corp I is focused on its programs, the organization must address significant governance and transparency issues to improve its standing and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Delavan Active Seniors Corp I legitimate?
Delavan Active Seniors Corp I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delavan Active Seniors Corp I 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: $65,359
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,473
For more financial information, click here
What is the mission statement of Delavan Active Seniors Corp I?
Delavan Active Seniors Corp I is committed to offering housing, assisted care, community services, and various other amenities to active senior citizens. Their primary goal is to enhance the living experiences of these senior individuals, ensuring they maintain an active lifestyle. The corporation incurs expenses for the upkeep and maintenance of the housing units and related costs, demonstrating their dedication to providing a comfortable and well-maintained environment for the senior citizens they serve.
Who is the CEO of Delavan Active Seniors Corp I?
Michael Fiandaca is the Treasurer of Delavan Active Seniors Corp I.
What is the revenue of Delavan Active Seniors Corp I?
Delavan Active Seniors Corp I's revenue in 2023 was $1,274,693.
Who are the executives of Delavan Active Seniors Corp I and what are their salaries?
The average compensation at Delavan Active Seniors Corp I during 2023 was $9,427. There are 16 employees at Delavan Active Seniors Corp I.
Here are 3 key members and their salaries:
- Compensation: $44,145
- Related: $0
- Other: $0
- Compensation: $21,214
- Related: $22,065
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Delavan Active Seniors Corp I?
Delavan Active Seniors Corp I's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Delavan Active Seniors Corp I
Delavan Active Seniors Corp I is dedicated to providing a comprehensive range of services for active senior citizens. Their primary mission is to offer housing and assisted care, alongside community and various other services, catering specifically to this demographic. The organization's goal is to ensure that senior citizens maintain an active lifestyle, while also providing necessary assistance when required. To accomplish this, Delavan Active Seniors Corp I incurs expenses for the upkeep and maintenance of housing units, as well as related costs, ensuring a suitable living environment for the senior citizens they serve.
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
Delavan Active Seniors Corp I's impact is significant in providing housing, assisted care, community, and other services to active senior citizens in Chicago, IL. This organization incurs expenses to maintain and upkeep housing units for senior citizens, ensuring they have a comfortable and supportive living environment. By focusing on the well-being and needs of active seniors, Delavan Active Seniors Corp I plays a crucial role in enhancing the quality of life for this demographic and supporting their independence and dignity.
This information is meant to be a general summary of Delavan Active Seniors Corp I. 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 2023.
- Investment Income: $36
- Program Service Revenue: $621,107
- Gross Receipts: $1,274,693
Assets and Liabilities:
- Total Assets: $4,318,294
- Total Liabilities: $12,380,081
- Net Assets: -$8,061,787
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.
BASIC SERVICE FEES
Revenue
$443,617
RESALES PROCEEDS
Revenue
$125,510
LEASE REVENUE
Revenue
$51,980
Organization Details
Founding Year
1998
Principal Officer
Michael Fiandaca
Main Address
8 SOUTH MICHIGAN AVE STE 3100, CHICAGO, IL, 606033267
NTEE Category
Code: P81 - Human services
If you are a representative of Delavan Active Seniors Corp I 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.