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Sierra Gateway Senior Residence Ii

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

EIN: 454945583 ✦ Duarte, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sierra Gateway Senior Residence Ii?

Sierra Gateway Senior Residence II is a nonprofit organization situated in Duarte, California, dedicated to providing affordable housing for senior citizens. In collaboration with the United States Department of Housing and Urban Development, the organization operates under Section 202 of the National Housing Act. Their mission is to offer low-cost rental housing, along with facilities and services tailored to cater to the elderly's physical, social, and psychological needs. This aim is to enhance their health, security, happiness, and overall well-being in their later years.


Official website here: www.humangood.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Sierra Gateway Senior Residence II has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The overall score reflects a strong commitment to transparency, with the organization scoring exceptionally well in various categories, including having a majority of independent board members and comprehensive financial oversight.

The nonprofit has demonstrated effective governance practices, evidenced by its policies on conflict of interest, whistleblowing, and document retention. Additionally, the organization allocates a significant portion of its expenses (82.14%) directly to programs, suggesting a strong focus on fulfilling its mission to support seniors.

However, while the rating indicates solid performance, potential donors and supporters may want to consider the organization's overall impact and outreach beyond the financial metrics. The one-dimensional assessment from Charity Navigator, focusing solely on accountability and finance, may not fully capture other essential aspects of the organization's effectiveness.


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

Is Sierra Gateway Senior Residence Ii legitimate?

Sierra Gateway Senior Residence Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sierra Gateway Senior Residence Ii 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: $0

For more financial information, click here


Official website here: www.humangood.org

What is the mission statement of Sierra Gateway Senior Residence Ii?

Sierra Gateway Senior Residence II is dedicated to providing affordable housing for the elderly. Their facilities and services are designed to cater to the physical, social, and psychological needs of the elderly, aiming to enhance their health, security, happiness, and productivity in their later years. The organization collaborates with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act to offer low-income retirement housing.


Official website here: www.humangood.org

Who is the CEO of Sierra Gateway Senior Residence Ii?

John H Cochrane Iii is the Chief Executive Officer of Sierra Gateway Senior Residence Ii. The CEO's salary of Sierra Gateway Senior Residence Ii is $0 and their total compensation is $671,183.


Official website here: www.humangood.org

What is the revenue of Sierra Gateway Senior Residence Ii?

Sierra Gateway Senior Residence Ii's revenue in 2022 was $630,361.


Official website here: www.humangood.org

Who are the executives of Sierra Gateway Senior Residence Ii and what are their salaries?


Here are 15 key members and their salaries (Sierra Gateway Senior Residence Ii's CEO's salary is $0 and their total compensation is $671,183):


Randall Stamper (Chair)
  • Compensation: $0
  • Related: $73,000
  • Other: $0
Judith Baker (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Albert Kelley (Vice Chair)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Alan Griffith (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Declan H Brown (Secretary)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Rev Michelle Holmes (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
William Battison (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Ancel Romero (President, Ah - Thru 1/3/2021)
  • Compensation: $0
  • Related: $32,228
  • Other: $0
Jennifer S Kappen (Svp, Affordable Housing)
  • Compensation: $0
  • Related: $310,289
  • Other: $27,427
John H Cochrane Iii (Chief Executive Officer)
  • Compensation: $0
  • Related: $645,511
  • Other: $25,672
Daniel Ogus (Chief Operations Officer)
  • Compensation: $0
  • Related: $530,748
  • Other: $31,801
Andy Mcdonald (Chief Financial Officer)
  • Compensation: $0
  • Related: $354,675
  • Other: $31,380
Bethany Ghassemi (Chief Legal Officer)
  • Compensation: $0
  • Related: $281,269
  • Other: $13,919
Pamela Classen (Former Cfo To 12/2019 / Executive Cons.)
  • Compensation: $0
  • Related: $122,473
  • Other: $121
Min Meng Fleming (Chief Information Officer)
  • Compensation: $0
  • Related: $353,484
  • Other: $33,191


Official website here: www.humangood.org

Where can I find the form 990 for Sierra Gateway Senior Residence Ii?

Sierra Gateway Senior Residence Ii's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.humangood.org

Learn more at the official website: www.humangood.org

Mission Statement of Sierra Gateway Senior Residence Ii

Sierra Gateway Senior Residence II is dedicated to providing affordable housing for the elderly, catering to their physical, social, and psychological needs to enhance their health, security, happiness, and productivity in their later years. The organization achieves this by offering low-cost rental housing, along with associated facilities and services, specifically designed to cater to the elderly population. Their mission is to contribute positively to the well-being of the aged, providing them with a nurturing environment that fosters their long-term living satisfaction.

In alignment with this mission, Sierra Gateway Senior Residence II collaborates with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act. This partnership allows the organization to provide retirement housing for individuals with low income, ensuring that the elderly have access to a secure and comfortable living environment that caters to their unique needs. By offering affordable housing, Sierra Gateway Senior Residence II plays a significant role in supporting the elderly population, contributing to their overall well-being and enabling them to live fulfilling lives in their later years.

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Impact




July, 2024

Sierra Gateway Senior Residence II's impact lies in providing low-cost rental housing for the elderly in Duarte, CA. By offering facilities and services designed to meet the physical, social, and psychological needs of the aged, this organization contributes significantly to the health, security, happiness, and overall well-being of its elderly residents. Through its mission to support longer living and provide a supportive environment, Sierra Gateway Senior Residence II plays a crucial role in enhancing the lives of the elderly community it serves.




This information is meant to be a general summary of Sierra Gateway Senior Residence Ii. 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
$630,361 (2022)
Expenses
$923,042 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $448
  • Program Service Revenue: $225,233
  • Gross Receipts: $630,361

Assets and Liabilities:

  • Total Assets: $9,218,512
  • Total Liabilities: $10,620,356
  • Net Assets: -$1,401,844

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Programs

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

RENTAL INCOME

Revenue

$225,233

Organization Details

Founding Year

2011

Principal Officer

John H Cochrane Iii

Main Address

1900 HUNTINGTON DRIVE, DUARTE, CA, 91010

NTEE Category

Code: L22 - Housing

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