Overview
What is Showalter Center Inc?
Showalter Center Inc is a nonprofit organization dedicated to offering affordable housing for elderly and handicapped individuals who need assistance with their daily activities. Situated within this establishment, there are 100 licensed beds available for residents. The organization's primary mission is to provide a supportive living environment, ensuring that those in need have access to essential care and services. Showalter Center Inc plays a crucial role in promoting autonomy and independence for its residents, ultimately enhancing their quality of life.
Official website here: www.retire.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Showalter Center Inc has earned a commendable Four-Star rating from Charity Navigator, highlighting its strong commitment to accountability and financial transparency. The nonprofit scored exceptionally well in each category, particularly with 100% of its board members being independent and a robust financial oversight structure in place. This rating signifies that Showalter Center Inc is effectively managing its resources and adhering to best practices in nonprofit governance.
The organization demonstrates fiscal responsibility, with a program expense ratio of 84.73%, which indicates that a significant portion of its expenditures directly supports its programs. Additionally, key policies such as conflict of interest, whistleblower protections, and document retention are in place, further enhancing its operational integrity. The absence of any material diversion of assets also points to strong financial stewardship.
While the overall score reflects a highly accountable organization, potential donors and stakeholders should remain mindful of the liabilities to assets ratio of 53.26%. This figure suggests a moderate level of liabilities in relation to its assets, which could be a point of consideration for future financial stability. Overall, Showalter Center Inc exemplifies strong nonprofit performance, making it a reliable choice for those looking to support effective charitable initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Showalter Center Inc legitimate?
Showalter Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Showalter Center 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: $0
For more financial information, click here
Official website here: www.retire.org
What is the mission statement of Showalter Center Inc?
The Showalter Center Inc, a housing facility, is dedicated to providing affordable living accommodations for the elderly and individuals with disabilities who require assistance with their daily activities. Its mission is to offer housing that caters to their specific needs, aiming to ensure their comfort and independence. The center houses 100 licensed residents, providing them with a supportive environment to call home.
Official website here: www.retire.org
Who is the CEO of Showalter Center Inc?
William Lester is the Principal Officer of Showalter Center Inc. The CEO's salary of Showalter Center Inc is $0 and their total compensation is $124,820.
Official website here: www.retire.org
What is the revenue of Showalter Center Inc?
Showalter Center Inc's revenue in 2022 was $4,708,518.
Official website here: www.retire.org
Who are the executives of Showalter Center Inc and what are their salaries?
Here are 23 key members and their salaries (Showalter Center Inc's CEO's salary is $0 and their total compensation is $124,820):
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- Related: $168,773
- Other: $3,750
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- Related: $118,303
- Other: $6,517
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- Related: $128,255
- Other: $3,850
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- Related: $116,370
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- Related: $106,528
- Other: $4,701
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- Related: $100,250
- Other: $4,566
Official website here: www.retire.org
Where can I find the form 990 for Showalter Center Inc?
Showalter Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.retire.org
Learn more at the official website: www.retire.org
Mission Statement of Showalter Center Inc
Showalter Center Inc, a nonprofit organization, is dedicated to providing affordable housing for elderly and handicapped individuals who require assistance with their daily activities. The mission of Showalter Center Inc is to offer a supportive living environment, with a focus on ensuring the well-being and independence of its residents. The facility is equipped with 100 licensed beds, providing a home for those in need. By offering affordable housing and assistance with daily activities, Showalter Center Inc aims to enhance the quality of life for its residents, enabling them to live with dignity and independence.
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Impact
July, 2024
Showalter Center Inc provides essential housing for elderly and handicapped individuals in Blacksburg, VA, who require assistance with daily activities. With 100 licensed beds, the facility plays a crucial role in providing affordable and supportive living arrangements for this vulnerable population. By offering a safe and caring environment, Showalter Center Inc positively impacts the lives of those in need of specialized housing services, ensuring they receive the necessary support to maintain their quality of life.
This information is meant to be a general summary of Showalter Center 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.
- Program Service Revenue: $4,621,161
- Gross Receipts: $4,708,518
Assets and Liabilities:
- Total Assets: $4,596,720
- Total Liabilities: $2,815,041
- Net Assets: $1,781,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT PAYMENTS
Revenue
$4,343,208
SERVICE INCOME
Revenue
$170,816
CABLE TV & PHONE SERVI
Revenue
$107,137
Organization Details
Founding Year
1981
Phone
(540) 552-9176Principal Officer
William Lester
Main Address
2607 WARM HEARTH DRIVE NO 100, BLACKSBURG, VA, 24060
Website
www.retire.orgNTEE Category
Code: L22Z - Housing
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