Overview
What is Altus Residential?
Altus Residential is a nonprofit organization situated in Gadsden, Alabama, specifically at PO Box 1477. Their primary mission is to offer residential habilitation services to individuals with disabilities residing in northeast Alabama. This includes providing a living space and essential support to help these citizens lead more independent and fulfilling lives. The organization employs a team of 58 individuals, dedicated to fulfilling this mission. Altus Residential's role extends beyond just housing, aiming to contribute positively to the well-being and inclusion of disabled citizens in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
Altus Residential has received a Two-Star rating based on an overall score of 71%, which reflects its performance primarily in Accountability & Finance. The organization has shown strengths in areas such as having an entirely independent board and no material diversion of assets, which indicates a strong governance structure. The program expense ratio of 70.61% suggests that a significant portion of its funding is directed towards its programs, which is a positive sign for potential donors.
Despite the strengths highlighted in its governance and financial practices, the overall score indicates room for improvement. While the organization has good ratings in several key areas, a two-star rating may raise questions about its overall effectiveness and transparency compared to higher-rated nonprofits. Continued efforts to enhance its operational practices could potentially lead to a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Altus Residential legitimate?
Altus Residential is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altus Residential 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: $419,335
For more financial information, click here
What is the mission statement of Altus Residential?
Altus Residential is committed to providing residential habilitation services to individuals with disabilities in Northeast Alabama. Their mission is to offer residential homes that cater to the needs of mentally handicapped citizens in the region. The organization's primary goal is to enhance the lives of these individuals, promoting their independence and well-being. Altus Residential strives to create an inclusive environment where these individuals can thrive and lead fulfilling lives. They aim to provide comprehensive support, ensuring their residents have access to necessary resources and care. Their services are designed to empower and enable these individuals, fostering their personal growth and development.
Who is the CEO of Altus Residential?
Joey Jones is the President of Altus Residential.
What is the revenue of Altus Residential?
Altus Residential's revenue in 2023 was $903,099.
Who are the executives of Altus Residential and what are their salaries?
The average compensation at Altus Residential during 2023 was $7,230. There are 58 employees at Altus Residential.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Altus Residential?
Altus Residential's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Altus Residential
Altus Residential, a nonprofit organization, is dedicated to providing residential habilitation services to disabled citizens residing in Northeast Alabama. Their primary mission is to create an environment where mentally handicapped individuals can reside and receive necessary care. By offering residential homes, Altus Residential aims to improve the quality of life for these individuals, providing them with a safe and supportive living space. The organization's services are crucial in allowing these citizens to maintain their independence while receiving the necessary care and assistance they require. Altus Residential's commitment to this mission is evident in its provision of residential homes, which serve as a vital resource for the mentally handicapped community in Northeast Alabama.
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Impact
July, 2024
Altus Residential's impact lies in its crucial role in providing residential habilitation services to disabled citizens in Northeast Alabama. Through its initiative, Altus Residential offers residential homes for mentally handicapped individuals in the region, aiming to ensure their well-being and access to essential care. By focusing on human services tailored to the specific needs of disabled citizens, Altus Residential significantly contributes to enhancing the quality of life and support system for this marginalized community in Northeast Alabama.
This information is meant to be a general summary of Altus Residential. 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: $2,644
- Program Service Revenue: $898,997
- Gross Receipts: $903,099
Assets and Liabilities:
- Total Assets: $633,778
- Total Liabilities: $11,944
- Net Assets: $621,834
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BILLING INCOME
Revenue
$644,438
ADMINISTRATIVE INCOME
Revenue
$161,850
ROOM AND BOARD
Revenue
$92,709
Organization Details
Founding Year
2013
Phone
(256) 439-1975Principal Officer
Joey Jones
Main Address
PO BOX 1477, GADSDEN, AL, 35902
NTEE Category
Code: P73 - Human services
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