Overview
What is Corinthian Pointe Senior Living Cor?
Corinthian Pointe Senior Living Cor is a nonprofit organization dedicated to offering affordable housing solutions for seniors. With 118 out of 126 units rented, they cater to this demographic as a senior citizens housing and retirement community. Their mission encompasses providing essential living spaces and accompanying programs for the elderly, making their stay comfortable and engaging.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Stars
Corinthian Pointe Senior Living Cor has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating is based entirely on the Accountability & Finance score, which stands at 69%. This score reflects the organization’s practices regarding financial oversight and transparency, which are significant factors for potential donors assessing the charity's reliability.
The nonprofit demonstrates strong governance practices with an independent board, scoring full points in the metrics related to board independence and auditing. They have shown good financial management in terms of program expenses, allocating 87.82% of their budget to programs, suggesting a focus on their mission. Despite these strengths, there are notable gaps, including missing policies on conflicts of interest and whistleblower protections, which could raise concerns about their operational integrity.
Additionally, the liabilities-to-assets ratio of 83.59% indicates a concerning level of liabilities compared to their assets, which may pose risks to financial stability. While the organization has strengths in transparency and program expenditure, the missing policies and high liabilities may be limitations that require attention to enhance overall performance and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Corinthian Pointe Senior Living Cor legitimate?
Corinthian Pointe Senior Living Cor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corinthian Pointe Senior Living Cor 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: $119,640
For more financial information, click here
What is the mission statement of Corinthian Pointe Senior Living Cor?
Corinthian Pointe Senior Living Cor is dedicated to providing affordable housing solutions for seniors. They have successfully rented out 118 out of their 126 available units, catering to the needs of senior citizens. Beyond offering affordable living spaces, the organization also operates as a senior citizens housing and retirement community, providing additional programs to enhance the living experience of its residents.
Who is the CEO of Corinthian Pointe Senior Living Cor?
J Sue Tarver is the Director of Corinthian Pointe Senior Living Cor.
What is the revenue of Corinthian Pointe Senior Living Cor?
Corinthian Pointe Senior Living Cor's revenue in 2022 was $1,463,175.
Who are the executives of Corinthian Pointe Senior Living Cor and what are their salaries?
The average compensation at Corinthian Pointe Senior Living Cor during 2022 was $23,928. There are 5 employees at Corinthian Pointe Senior Living Cor.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Corinthian Pointe Senior Living Cor?
Corinthian Pointe Senior Living Cor's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corinthian Pointe Senior Living Cor
Corinthian Pointe Senior Living Cor, as a nonprofit organization, is dedicated to providing affordable housing for seniors. With a total of 126 units available, the organization has successfully rented out 118 of them, serving as a retirement community for elderly individuals. Beyond offering affordable housing, Corinthian Pointe Senior Living Cor also provides programs tailored to senior citizens, positioning itself as a supportive living environment for this age group.
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Impact
July, 2024
Corinthian Pointe Senior Living Cor's impact is significant in providing affordable housing for seniors in Houston, Texas. The organization has rented 118 of the 126 available units, ensuring that many seniors have access to safe and affordable housing. By offering programs tailored to senior citizens, Corinthian Pointe Senior Living Cor contributes to creating a supportive and engaging community for retirees. This impact reflects the organization's commitment to meeting the housing needs of seniors and fostering a sense of belonging within retirement communities.
This information is meant to be a general summary of Corinthian Pointe Senior Living Cor. 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.
- Gross Receipts: $1,463,175
Assets and Liabilities:
- Total Assets: $8,406,485
- Total Liabilities: $7,027,493
- Net Assets: $1,378,992
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Organization Details
Founding Year
2003
Phone
(281) 932-9296Principal Officer
J Sue Tarver
Main Address
6105 W OREM DRIVE, HOUSTON, TX, 77085
NTEE Category
Code: P75 - Human services
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