Overview
What is Pacific Manor Inc?
Pacific Manor Inc is a nonprofit organization situated in Pasadena, California. Their primary focus is on providing affordable housing to the elderly and individuals with disabilities. The U.S. Department of HUD oversees and manages their operations, ensuring compliance with regulations. Pacific Manor Inc offers a coin-operated laundry facility as an added amenity for their residents. The organization's mission is to cater to the housing needs of this specific demographic, aiming to contribute positively to their quality of life.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.
Pacific Manor Inc has earned an 86% rating, reflecting strong performance in accountability and finance. The organization boasts a fully independent board and maintains a commendable program expense ratio of 73.54%, indicating that a significant portion of its expenditures directly supports its mission. Additionally, it has a solid structure in place for audit and oversight, with no reported material diversion of assets.
However, there are notable weaknesses in certain governance policies, such as the absence of a whistleblower policy and a document retention and destruction policy. Additionally, the nonprofit has not posted its tax form on its website, which is a requirement for transparency. While the organization demonstrates strong financial management and oversight, addressing these governance gaps could enhance its accountability profile.
This AI summary has been generated from information found on Charity Navigator.
Is Pacific Manor Inc legitimate?
Pacific Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacific Manor 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $229,687
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What is the mission statement of Pacific Manor Inc?
Pacific Manor Inc, as a non-profit organization, is dedicated to providing low-income housing options for elderly and handicapped individuals. The organization's mission is clearly outlined in its operations, which involve renting apartments to individuals who fall under these categories. The U.S. Department of HUD regulates and oversees these operations. To further cater to the needs of its residents, Pacific Manor Inc also offers a coin-operated laundry facility. The organization's primary goal is to ensure that these vulnerable populations have access to comfortable and affordable housing.
Who is the CEO of Pacific Manor Inc?
Elvan Moen is the President of Pacific Manor Inc.
What is the revenue of Pacific Manor Inc?
Pacific Manor Inc's revenue in 2023 was $3,868,570.
Who are the executives of Pacific Manor Inc and what are their salaries?
The average compensation at Pacific Manor Inc during 2023 was $45,937. There are 5 employees at Pacific Manor Inc.
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Where can I find the form 990 for Pacific Manor Inc?
Pacific Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pacific Manor Inc
Pacific Manor Inc, a non-profit organization, is committed to providing low-income housing for the elderly and handicapped individuals. Their mission is centered around ensuring that these vulnerable groups have a place to call home. The organization operates as a residential complex, offering apartments to individuals who fall under the low-income category or have disabilities. The U.S. Department of HUD regulates and oversees the operations of Pacific Manor Inc, ensuring that the standards of living for its residents are maintained at a satisfactory level. To cater to the daily needs of its residents, Pacific Manor Inc provides a coin-operated laundry facility, offering a convenient and accessible service within the complex. The organization's mission is a testament to its dedication to providing a safe and comfortable living environment for elderly and handicapped individuals, enabling them to maintain their independence and dignity in their golden years.
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Impact
July, 2024
Pacific Manor Inc provides essential low-income housing to elderly and handicapped individuals in Pasadena, CA. By offering affordable and regulated housing options, the organization ensures that vulnerable populations have a stable and secure place to call home. This contributes to improved quality of life for these individuals, fostering a sense of community support and belonging. In offering services that are mandated and monitored by the U.S. Department of Housing and Urban Development (HUD), Pacific Manor Inc plays a critical role in upholding housing standards and rights for those in need. This direct impact on the lives of its residents underscores the organization's commitment to addressing the housing needs of marginalized populations.
This information is meant to be a general summary of Pacific Manor 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 2023.
- Investment Income: $55,158
- Program Service Revenue: $719,943
- Gross Receipts: $3,868,570
Assets and Liabilities:
- Total Assets: $10,647,979
- Total Liabilities: $3,226,719
- Net Assets: $7,421,260
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$714,443
LAUNDRY AND VENDING
Revenue
$4,960
TENANT CHARGES
Revenue
$540
Organization Details
Founding Year
1972
Phone
(323) 258-3512Principal Officer
Elvan Moen
Main Address
PO BOX 7070, PASADENA, CA, 911097070
NTEE Category
Code: L22Z - Housing
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