Overview
What is Chillum Oaks Adventist Apartments Inc?
Chillum Oaks Adventist Apartments Inc is a nonprofit organization dedicated to offering affordable and high-quality living accommodations for senior and disabled individuals. Their mission is to ensure these individuals can maintain a comfortable lifestyle, catering to their daily needs. Through their rental income program, they strive to provide a nurturing environment that supports their residents' well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Chillum Oaks Adventist Apartments Inc has received a commendable Four-Star rating from Charity Navigator, with an overall score of 90%. This high rating is primarily based on their exceptional Accountability & Finance score, reflecting the organization's strong commitment to financial transparency and responsible governance.
The nonprofit showcases an impressive track record, with 100% of its board members being independent, and a solid financial oversight structure in place, as evidenced by the maximum scores in both the independent board size and audit committee categories. Additionally, the organization demonstrates no material diversion of assets and maintains a low liabilities-to-assets ratio, underscoring its financial stability.
However, while the high program expense ratio of 100% indicates that all funds are directed towards its mission, the summary does not provide insight into the specific programs or initiatives being funded. Overall, the rating highlights Chillum Oaks Adventist Apartments Inc's effective management and accountability, making it a reliable option for donors seeking to support a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Chillum Oaks Adventist Apartments Inc legitimate?
Chillum Oaks Adventist Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chillum Oaks Adventist Apartments 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 Chillum Oaks Adventist Apartments Inc?
Chillum Oaks Adventist Apartments Inc's mission is centered around providing an affordable and high-quality living experience for senior and disabled individuals. They achieve this through their rental income program, which is designed to cater to their daily needs and ensure their comfort. The organization strives to support these individuals in maintaining a good standard of life. Their mission encompasses offering a home that is both affordable and of good quality, thereby catering to the essential living requirements of their tenants.
Who is the CEO of Chillum Oaks Adventist Apartments Inc?
R Glenn Roberts is the President of Chillum Oaks Adventist Apartments Inc.
What is the revenue of Chillum Oaks Adventist Apartments Inc?
Chillum Oaks Adventist Apartments Inc's revenue in 2022 was $691,195.
Who are the executives of Chillum Oaks Adventist Apartments Inc and what are their salaries?
There are 6 employees and 9 volunteers at Chillum Oaks Adventist Apartments Inc.
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Where can I find the form 990 for Chillum Oaks Adventist Apartments Inc?
Chillum Oaks Adventist Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chillum Oaks Adventist Apartments Inc
Chillum Oaks Adventist Apartments Inc is committed to providing an affordable and high-quality living environment for senior and disabled individuals. Their mission is achieved through a rental income program, which aims to cater to the daily needs and comfort of its residents. This nonprofit organization strives to create a home where these individuals can live with dignity and independence, ensuring a good quality of life. By offering affordable housing, Chillum Oaks Adventist Apartments Inc enables its residents to focus on their well-being and maintain a comfortable lifestyle.
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Impact
July, 2024
Chillum Oaks Adventist Apartments Inc provides affordable and high-quality living for senior and disabled individuals in Hyattsville, MD. By offering a rental income program, the organization supports the daily needs and comfort of its residents. This impact is crucial in ensuring that vulnerable populations have access to safe and comfortable housing that meets their needs.
This information is meant to be a general summary of Chillum Oaks Adventist Apartments 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: $227
- Program Service Revenue: $690,943
- Gross Receipts: $691,195
Assets and Liabilities:
- Total Assets: $1,827,282
- Total Liabilities: $36,405
- Net Assets: $1,790,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$690,943
Organization Details
Founding Year
1997
Phone
(404) 372-1508Principal Officer
R Glenn Roberts
Main Address
6305 Riggs Road, Hyattsville, MD, 20783
NTEE Category
Code: L22Z - Housing
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