Overview
What is Advanced Living Community Development Corporation?
Advanced Living Community Development Corporation is a nonprofit organization situated in Landsdale, Pennsylvania, specifically at 1292 Allentown Road. Their primary mission is to offer decent and affordable housing options to low-income and moderate-income individuals residing in Montgomery County, Pennsylvania. They generate revenue through rent collected for their services. The organization's purpose is to contribute positively to the community by providing quality living spaces that cater to a broad range of income levels.
Official website here: www.advancedlivingcommunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Advanced Living Community Development Corporation has received a Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 83%. The organization demonstrates strong governance with a fully independent board and excellent management of its assets, as indicated by a low liabilities to assets ratio of 7.38%. Additionally, their program expense ratio is commendable at 79.92%, suggesting that the majority of their funds are directed towards their programs.
However, the organization faces some challenges in its governance policies. It has received a score of zero for both its whistleblower policy and its document retention and destruction policy, which are essential for ensuring transparency and accountability. While they have effectively documented board meeting minutes and have a solid conflict of interest policy in place, these significant gaps in governance practices could be a concern for potential donors interested in organizational integrity.
Overall, while Advanced Living Community Development Corporation shows strengths in financial management and board independence, addressing its governance policy shortcomings could further enhance its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Advanced Living Community Development Corporation legitimate?
Advanced Living Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced Living Community Development 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: $1,749
For more financial information, click here
Official website here: www.advancedlivingcommunities.org
What is the mission statement of Advanced Living Community Development Corporation?
The Advanced Living Community Development Corporation is committed to providing affordable, decent housing for individuals with low and moderate income levels. This mission is centered around enhancing the living standards of these individuals, ensuring they have access to quality housing within their means. The organization's activities include managing their properties and generating revenue through rent. Their primary goal is to make housing a less burdensome expense for these income groups, thereby contributing positively to their overall quality of life.
Official website here: www.advancedlivingcommunities.org
Who is the CEO of Advanced Living Community Development Corporation?
Randall James is the Vice Chairman of Advanced Living Community Development Corporation.
Official website here: www.advancedlivingcommunities.org
What is the revenue of Advanced Living Community Development Corporation?
Advanced Living Community Development Corporation's revenue in 2022 was $36,654.
Official website here: www.advancedlivingcommunities.org
Who are the executives of Advanced Living Community Development Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.advancedlivingcommunities.org
Where can I find the form 990 for Advanced Living Community Development Corporation?
Advanced Living Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.advancedlivingcommunities.org
Learn more at the official website: www.advancedlivingcommunities.org
Mission Statement of Advanced Living Community Development Corporation
Advanced Living Community Development Corporation, as its name suggests, is dedicated to providing decent and high-quality housing that is affordable for low-income and moderate-income individuals residing in Montgomery County, Pennsylvania. This nonprofit organization's mission is centered around making housing accessible to those who may not have the financial means to secure it otherwise. By offering affordable housing options, Advanced Living Community Development Corporation plays a significant role in enhancing the living standards of its community members. The organization generates additional revenue through rent from its services, furthering its commitment to providing affordable housing solutions.
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Impact
August, 2024
Advanced Living Community Development Corporation's impact can be seen in its provision of decent, quality housing that is affordable to low-income and moderate-income individuals in Montgomery County, Pennsylvania. By offering affordable housing options, the organization plays a crucial role in supporting individuals and families in accessing safe and stable housing. This contributes to enhancing the overall well-being and quality of life for those in need within the community. Additionally, the organization's focus on providing affordable housing helps address the housing challenges faced by low-income and moderate-income individuals, ultimately contributing to strengthening the community as a whole.
This information is meant to be a general summary of Advanced Living Community Development 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.
- Program Service Revenue: $36,654
- Gross Receipts: $36,654
Assets and Liabilities:
- Total Assets: $869,658
- Total Liabilities: $59,847
- Net Assets: $809,811
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$36,530
LAUNDRY AND VENDING RE
Revenue
$124
Organization Details
Founding Year
2011
Phone
(215) 362-0227Principal Officer
Randall James
Main Address
1292 ALLENTOWN ROAD, LANDSDALE, PA, 19446
NTEE Category
Code: L20 - Housing
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