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Jarvis Gardens Senior Apartments Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 432084069 ✦ Walnut creek, CA ✦ Designated as a 501(c)(3)

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Overview

What is Jarvis Gardens Senior Apartments Inc?

Jarvis Gardens Senior Apartments Inc, located in Walnut Creek, California, is a small-scale nonprofit organization dedicated to serving the housing needs of low-income senior citizens. Established with a mission to provide subsidized housing, the organization operates a 50-unit complex in Chico, California. This nonprofit, with a modest workforce of three individuals, plays an essential role in providing affordable living solutions for the elderly community, contributing positively to their overall quality of life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 67%)

Jarvis Gardens Senior Apartments Inc has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in certain areas. The overall score of 67% suggests that while some aspects of the organization are functioning well, there are significant concerns regarding financial stability and management practices.

The organization demonstrates strong accountability and financial transparency, with a perfect score for having an independent board and excellent oversight of financial statements. Additionally, the program expense ratio is commendable at 91.30%, indicating that a large portion of funds is directed towards its programmatic activities.

However, a notable area of concern is the liabilities to assets ratio, which stands at 157.51%, reflecting potential financial instability. Addressing this issue will be crucial for improving overall performance and sustainability in the long term.


This AI summary has been generated from information found on Charity Navigator.

Is Jarvis Gardens Senior Apartments Inc legitimate?

Jarvis Gardens Senior Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jarvis Gardens Senior Apartments 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: $101,111

For more financial information, click here

What is the mission statement of Jarvis Gardens Senior Apartments Inc?

Jarvis Gardens Senior Apartments Inc's mission is centered around providing subsidized housing for low-income senior citizens. The organization's primary objective is to create an environment that caters to the housing needs of this specific demographic. By operating subsidized housing, Jarvis Gardens aims to contribute positively to the community, ensuring that senior citizens have access to affordable housing options. The organization's activities are focused on providing a comfortable living space for these individuals, thereby enhancing their quality of life. In summary, Jarvis Gardens Senior Apartments Inc serves as a reliable housing solution for low-income senior citizens, promoting their well-being and dignity.

Who is the CEO of Jarvis Gardens Senior Apartments Inc?

Richard Mounkes is the President of Jarvis Gardens Senior Apartments Inc.

What is the revenue of Jarvis Gardens Senior Apartments Inc?

Jarvis Gardens Senior Apartments Inc's revenue in 2023 was $514,292.

Who are the executives of Jarvis Gardens Senior Apartments Inc and what are their salaries?

The average compensation at Jarvis Gardens Senior Apartments Inc during 2023 was $33,704. There are 3 employees and 4 volunteers at Jarvis Gardens Senior Apartments Inc.


Here are 4 key members and their salaries:


Richard Mounkes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Almlie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Beth Graber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patt Riggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jarvis Gardens Senior Apartments Inc?

Jarvis Gardens Senior Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Jarvis Gardens Senior Apartments Inc

Jarvis Gardens Senior Apartments Inc is dedicated to serving the housing needs of low-income senior citizens. Their mission, as stated, is to operate subsidized housing, providing a vital service for this often underserved demographic. By operating a 50-unit housing facility, Jarvis Gardens Senior Apartments Inc plays a significant role in ensuring that elderly individuals with limited financial resources can maintain a stable living environment. This commitment to affordable housing not only meets the basic need for shelter but also contributes to the overall well-being and independence of senior citizens.

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Impact




July, 2024

Jarvis Gardens Senior Apartments Inc provides a vital service by operating a 50-unit subsidized housing complex for low-income senior citizens in Chico, California. By offering affordable housing to this vulnerable population, Jarvis Gardens Senior Apartments Inc helps to ensure that low-income seniors have a safe and stable place to live. This not only improves their quality of life but also contributes to the overall well-being of the community by addressing housing insecurity among seniors. The organization's impact can be seen in the improved living conditions and enhanced social support for the seniors who reside in their housing complex.




This information is meant to be a general summary of Jarvis Gardens Senior Apartments 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.

Revenue
$514,292 (2023)
2011201220132014201520162017201820192020202120222023$0$150k$300k$450k$600k
Expenses
$739,626 (2023)
2011201220132014201520162017201820192020202120222023$0$200k$400k$600k$800k
Efficiency
20112012201320142015201620172018201920202021202220230%7%14%21%31%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $87
  • Program Service Revenue: $173,005
  • Gross Receipts: $514,292

Assets and Liabilities:

  • Total Assets: $6,287,567
  • Total Liabilities: $9,903,895
  • Net Assets: -$3,616,328

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Laundry & other revenue

Revenue

$2,903

Rents

Revenue

$170,102

Organization Details

Founding Year

2005

Principal Officer

Richard Mounkes

Main Address

1855 Olympic Boulevard 300, Walnut Creek, CA, 94596

NTEE Category

Code: P70 - Human services

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