Overview
What is Sunshine Development Corporation?
Sunshine Development Corporation, located at 1660 Duke Street, Alexandria, VA 22134, is a dedicated nonprofit organization that focuses on providing housing solutions for elderly individuals and families. Under the provisions of Section 202 of the National Housing Act, they operate under an agreement with the Department of Housing and Urban Development (HUD). Their primary mission is to offer suitable living spaces to the elderly population, contributing to their well-being and overall quality of life. This nonprofit organization, known as Crestfield Apartments in some contexts, continues to serve its community with dedication.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Sunshine Development Corporation has achieved a commendable rating of 94% from Charity Navigator, reflecting its strong accountability and financial health. This high score is entirely derived from the Accountability & Finance beacon, which highlights the organization's effective management of resources and transparency in operations.
The organization boasts an independent board composed entirely of independent members, which enhances its governance structure. Furthermore, it has demonstrated no material diversion of assets and adheres to robust policies regarding conflicts of interest and whistleblower protections, ensuring ethical practices. The program expense ratio of 83.81% indicates a significant portion of its resources is directed toward its mission-related activities.
While the rating is impressive, it primarily focuses on financial metrics and governance, which may not provide a complete picture of the organization's overall impact and effectiveness in its service delivery. Nonetheless, Sunshine Development Corporation’s strong financial management and governance practices position it as a responsible player in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sunshine Development Corporation legitimate?
Sunshine Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunshine Development Corporation 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
What is the mission statement of Sunshine Development Corporation?
Sunshine Development Corporation, in its mission, focuses on providing housing solutions for elderly individuals and families. This commitment is in line with Section 202 of the National Housing Act. The corporation operates under an agreement with the Department of HUD, ensuring that they provide suitable living spaces for their elderly clientele. Their primary goal is to create a conducive living environment for this specific demographic, contributing to their overall well-being. It's worth noting that Sunshine Development Corporation's work is instrumental in providing a secure and comfortable home for the elderly, thereby enhancing their quality of life.
Who is the CEO of Sunshine Development Corporation?
Peter Desjardins is the President of Sunshine Development Corporation.
What is the revenue of Sunshine Development Corporation?
Sunshine Development Corporation's revenue in 2023 was $0.
Who are the executives of Sunshine Development Corporation and what are their salaries?
Here are 22 key members and their salaries:
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- Related: $574,532
- Other: $169,940
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- Related: $343,392
- Other: $153,623
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- Related: $328,554
- Other: $76,526
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- Related: $260,597
- Other: $53,419
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- Related: $231,709
- Other: $36,843
- Compensation: $0
- Related: $165,367
- Other: $90,542
- Compensation: $0
- Related: $127,589
- Other: $18,886
- Compensation: $0
- Related: $95,923
- Other: $9,724
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Where can I find the form 990 for Sunshine Development Corporation?
Sunshine Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sunshine Development Corporation
Sunshine Development Corporation, as a nonprofit organization, is committed to providing housing solutions for elderly individuals and families. This commitment is in line with Section 202 of the National Housing Act, and it operates under an agreement with the Department of Housing and Urban Development (HUD). The corporation's mission is to create and manage housing facilities that cater to the needs of the elderly, ensuring they have a safe and comfortable living environment. By doing so, Sunshine Development Corporation is contributing to the well-being of this vulnerable population, allowing them to maintain their independence and dignity in their later years.
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Impact
October, 2024
Sunshine Development Corporation significantly enhances the quality of life for elderly individuals and families in Alexandria, VA, by providing essential housing under Section 202 of the National Housing Act. This initiative ensures that vulnerable populations have access to safe and affordable living spaces, addressing both their immediate housing needs and contributing to their overall well-being.
The organization's collaboration with the Department of Housing and Urban Development (HUD) exemplifies a commitment to creating supportive environments for seniors and families. By focusing on this demographic, Sunshine Development Corporation plays a crucial role in fostering community stability and accessibility, helping to alleviate potential housing insecurities that many elderly individuals face.
Overall, Sunshine Development Corporation's impact extends beyond housing; it cultivates a sense of belonging and security among residents, promoting independence and enhancing their quality of life in the broader community.
This information is meant to be a general summary of Sunshine Development Corporation. 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.
Assets and Liabilities:
- Total Assets: $18,348
- Total Liabilities: $0
- Net Assets: $18,348
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Organization Details
Founding Year
1986
Phone
(703) 341-5000Principal Officer
Peter Desjardins
Main Address
1660 DUKE STREET, ALEXANDRIA, VA, 22134
NTEE Category
Code: L21 - Housing
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