Overview
What is Crestview Senior Housing Inc?
Crestview Senior Housing Inc is a philanthropic organization dedicated to offering affordable living solutions for the elderly and individuals with limited income. Their primary mission is to create a comfortable home environment for this demographic, ensuring they have a place to reside. Through their programs, they provide housing that caters to their specific needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (65%) - Two-Star out of Four Star rating. The organization's Accountability & Finance score is strong at 100%, indicating solid governance practices and transparency. Crestview Senior Housing Inc. boasts a fully independent board, scoring full points in both the majority independent board members and independent board size categories.
Financially, the nonprofit shows a commendable program expense ratio of 89.67%, suggesting that a significant portion of its funds is directed towards its mission-related activities. However, the organization faces challenges, particularly reflected in its liabilities to assets ratio of 150.91%, which raises concerns about financial stability and could indicate potential risks in managing its obligations.
Overall, while Crestview Senior Housing Inc. demonstrates strong governance and efficient use of program funds, the financial ratios suggest that stakeholders should monitor its fiscal health closely. The two-star rating highlights the need for improvement in financial management practices to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Crestview Senior Housing Inc legitimate?
Crestview Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crestview Senior Housing 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:
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What is the mission statement of Crestview Senior Housing Inc?
Crestview Senior Housing Inc., as an organization, is committed to providing a mission of affordable housing for elderly and low-income individuals. Their primary activity revolves around offering comfortable living spaces to this specific demographic, thereby ensuring they have a suitable residence. The company's programs are centered around providing housing for this target group, demonstrating their dedication to supporting this vulnerable population.
Who is the CEO of Crestview Senior Housing Inc?
Patty Barkmeier is the President of Crestview Senior Housing Inc.
What is the revenue of Crestview Senior Housing Inc?
Crestview Senior Housing Inc's revenue in 2022 was $63,496.
Who are the executives of Crestview Senior Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Crestview Senior Housing Inc?
Crestview Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Crestview Senior Housing Inc
Crestview Senior Housing Inc is committed to providing a mission of affordability for elderly and low-income individuals. At the heart of their activities, they offer comfortable housing as a primary service. Their goal is to ensure that this demographic has access to a secure living space, which is a fundamental need that they strive to fulfill. The organization's mission is centered around the belief that everyone deserves a decent place to call home, regardless of their financial situation or age. By providing affordable housing, Crestview Senior Housing Inc contributes to the well-being and dignity of the elderly, enabling them to live with a sense of security and independence.
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Impact
August, 2024
Crestview Senior Housing Inc provides essential affordable housing for elderly and low-income individuals in Gothenburg, Nebraska. By offering a comfortable home to those in need, Crestview Senior Housing plays a crucial role in enhancing the quality of life for vulnerable populations in the community. Their impact is significant in addressing housing insecurity and ensuring that seniors and low-income individuals have a safe and stable place to call home.
This information is meant to be a general summary of Crestview Senior Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $126
- Program Service Revenue: $63,370
- Gross Receipts: $63,496
Assets and Liabilities:
- Total Assets: $553,975
- Total Liabilities: $836,092
- Net Assets: -$282,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENT
Revenue
$56,769
TENANT CHARGES
Revenue
$6,601
Organization Details
Founding Year
1996
Phone
(308) 537-7275Principal Officer
Patty Barkmeier
Main Address
2121 AVE H, GOTHENBURG, NE, 69138
NTEE Category
Code: L220 - Housing
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