Overview
What is Avenida Guadalupe Zarzamora Senior Homes Inc?
Avenida Guadalupe Zarzamora Senior Homes Inc is a nonprofit organization situated in San Antonio, Texas, specifically at 1313 Guadalupe Street APT 200. Their primary focus is on providing supportive housing for the elderly, as evidenced by their 60-unit HUD 202 project. This project aims to offer a living environment that goes beyond merely providing shelter, ensuring comprehensive care for senior residents. The organization's mission aligns with HUD's goal of promoting self-sufficiency and independence for the elderly, making their project an integral part of the community's senior care services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 71%, earning a Two-Star out of Four Star rating.
Avenida Guadalupe Zarzamora Senior Homes Inc has received a "Needs Improvement" rating due to a score of 71%. The organization shows strengths in governance, having a fully independent board and strong financial oversight, reflected in the perfect scores for their audit and conflict of interest policies. They also maintain a high program expense ratio of 82.70%, indicating that a significant portion of their funds is directed towards their programs.
However, there are notable limitations that contribute to their lower rating. The absence of a whistleblower policy and document retention and destruction policy raises concerns about internal governance and transparency. Additionally, the nonprofit has a high liabilities to assets ratio of 160.41%, signaling potential financial stability issues. Furthermore, they have not posted their tax forms on their website, which diminishes accessibility for stakeholders seeking to review their financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Avenida Guadalupe Zarzamora Senior Homes Inc legitimate?
Avenida Guadalupe Zarzamora Senior Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avenida Guadalupe Zarzamora Senior Homes 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,549
For more financial information, click here
What is the mission statement of Avenida Guadalupe Zarzamora Senior Homes Inc?
Avenida Guadalupe Zarzamora Senior Homes Inc is dedicated to providing supportive housing for the elderly. Their mission is embodied in a 60-unit HUD 202 project, which aims to offer a living space for the elderly with necessary support services. The project's goal is to enhance the quality of life for senior residents, ensuring they have a comfortable and empowering living environment. This project is designed to cater to the unique needs of the elderly, promoting independence and well-being.
What is the revenue of Avenida Guadalupe Zarzamora Senior Homes Inc?
Avenida Guadalupe Zarzamora Senior Homes Inc's revenue in 2023 was $546,120.
Who are the executives of Avenida Guadalupe Zarzamora Senior Homes Inc and what are their salaries?
There 13 volunteers at Avenida Guadalupe Zarzamora Senior Homes Inc.
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Where can I find the form 990 for Avenida Guadalupe Zarzamora Senior Homes Inc?
Avenida Guadalupe Zarzamora Senior Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Avenida Guadalupe Zarzamora Senior Homes Inc
Avenida Guadalupe Zarzamora Senior Homes Inc is dedicated to providing supportive housing for the elderly. This nonprofit organization manages a 60-unit project funded by the HUD 202 program, which is specifically designed for senior citizens. The mission of Avenida Guadalupe Zarzamora Senior Homes Inc is to create an environment that caters to the unique needs of the elderly, offering them a safe and comfortable living space. The 60-unit project serves as a beacon of support for the elderly, providing them with the necessary amenities and services to enhance their quality of life. The organization's commitment to the elderly extends beyond just housing, as they strive to create a community where seniors can thrive and age with dignity.
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Impact
July, 2024
Avenida Guadalupe Zarzamora Senior Homes Inc provides a crucial service by offering a 60-unit HUD 202 Supportive Housing Project for the elderly in San Antonio, TX. This project directly impacts the lives of senior citizens in need of affordable and supportive housing. By providing these housing units, Avenida Guadalupe Zarzamora Senior Homes Inc contributes to improving the quality of life for seniors in the community, ensuring they have a safe and comfortable place to call home. This initiative aligns with the organization's mission to support the elderly population by offering housing assistance, making a positive difference in the lives of those who require such services.
This information is meant to be a general summary of Avenida Guadalupe Zarzamora Senior Homes 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: $1,153
- Program Service Revenue: $168,804
- Gross Receipts: $546,120
Assets and Liabilities:
- Total Assets: $2,915,279
- Total Liabilities: $4,536,140
- Net Assets: -$1,620,861
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income
Revenue
$166,308
Organization Details
Founding Year
2004
Principal Officer
Gabriel Velasquez
NTEE Category
Code: L22 - Housing
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