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West Jordan Senior Housing Corp

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

EIN: 470939587 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is West Jordan Senior Housing Corp?

West Jordan Senior Housing Corp is a nonprofit organization located in Salt Lake City, Utah, specifically at 223 WEST 700 SOUTH STE C. Their primary mission is to provide affordable housing facilities for the elderly and handicapped individuals in the community. This corporation strives to ensure that these vulnerable populations have access to suitable living arrangements, contributing to their overall well-being and independence. The organization's activities are centered around this mission, making affordable housing a top priority.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58%, One-Star out of Four Star rating.

West Jordan Senior Housing Corp has received a low rating largely due to its financial accountability and transparency issues. While the organization demonstrates strong governance with a fully independent board and no material diversion of assets, it struggles with a high liabilities-to-assets ratio, indicating potential financial instability. The program expense ratio is commendable, with 85.87% of expenses going directly to programs.

Despite some strengths in governance, the nonprofit falls short in essential transparency and accountability measures. Key documents such as conflict of interest and whistleblower policies are not in place, and the organization's website is missing from its tax filings. This lack of documentation and transparency may raise concerns for potential donors and stakeholders regarding the overall management and operation of the charity.

Overall, while West Jordan Senior Housing Corp has established a solid framework for governance, significant areas of concern regarding financial health and transparency must be addressed to improve its standing and trust among its supporters and the general public.


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

Is West Jordan Senior Housing Corp legitimate?

West Jordan Senior Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Jordan Senior Housing Corp 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: $84,902

For more financial information, click here

What is the mission statement of West Jordan Senior Housing Corp?

West Jordan Senior Housing Corp's mission is centered around providing affordable housing for elderly individuals. In essence, this organization serves to offer low-income housing facilities to senior citizens and individuals with disabilities. By doing so, it aims to contribute positively to their living conditions, ensuring they have access to suitable and affordable accommodations. The corporation's activities are geared towards making a significant impact on the lives of these vulnerable individuals, thereby enhancing their overall quality of life.

Who is the CEO of West Jordan Senior Housing Corp?

Greg Chapman is the President of West Jordan Senior Housing Corp.

What is the revenue of West Jordan Senior Housing Corp?

West Jordan Senior Housing Corp's revenue in 2022 was $481,148.

Who are the executives of West Jordan Senior Housing Corp and what are their salaries?


Here are 5 key members and their salaries:


Greg Chapman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smith (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Duarte (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Abegglen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Iwaski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for West Jordan Senior Housing Corp?

West Jordan Senior Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of West Jordan Senior Housing Corp

West Jordan Senior Housing Corp is committed to providing a vital service within its mission. This organization focuses on delivering affordable housing solutions specifically tailored for elderly individuals and those with disabilities. By establishing low-income housing facilities, West Jordan Senior Housing Corp aims to ensure that these vulnerable groups have access to safe and comfortable living spaces that cater to their unique needs. This commitment to affordable housing plays a significant role in enhancing the quality of life for elderly individuals, enabling them to age with dignity and independence.

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Impact




July, 2024

West Jordan Senior Housing Corp's impact is significant in providing affordable housing to elderly individuals in Salt Lake City, UT. Their mission to offer low-income housing facilities to the elderly and handicapped individuals helps address the urgent need for suitable housing options for this vulnerable population. By ensuring that senior citizens have access to safe and affordable housing, West Jordan Senior Housing Corp positively impacts the well-being and quality of life of those in need within the community.




This information is meant to be a general summary of West Jordan Senior Housing Corp. 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
$481,148 (2022)
Expenses
$655,110 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $268,528
  • Gross Receipts: $481,148

Assets and Liabilities:

  • Total Assets: $3,114,144
  • Total Liabilities: $5,960,853
  • Net Assets: -$2,846,709

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Programs

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

RENTAL INCOME

Revenue

$266,445

LAUNDRY & VENDING

Revenue

$2,083

Organization Details

Founding Year

2005

Principal Officer

Greg Chapman

Main Address

223 WEST 700 SOUTH STE C, SALT LAKE CITY, UT, 84101

NTEE Category

Code: L21 - Housing

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