Overview
What is Decatur Church Of Christ Senior Housing Inc?
Decatur Church Of Christ Senior Housing Inc is a nonprofit organization located at 1438 Church Street, Decatur, GA 30030. The primary purpose of this organization is to provide affordable housing to elderly and disabled individuals, operating two HUD-assisted and regulated apartment communities: Decatur Christian Towers with 216 units and Gwinnett Christian Terrace with 125 units. By doing so, Decatur Church Of Christ Senior Housing Inc strives to cater to the housing needs of low-income elderly and disabled persons in the area, enhancing their quality of life. The organization's mission is deeply rooted in ensuring the comfort and accessibility of housing for those in need.
Official website here: www.christiantowers.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Decatur Church Of Christ Senior Housing Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. The rating reflects the organization’s strong commitment to transparency, as evidenced by its 100% independent board and thorough financial oversight mechanisms.
Strengths of the organization include an impressive program expense ratio of 96.82%, indicating that the majority of its expenses are directed towards its mission-related activities. The charity also maintains a comprehensive set of policies regarding conflict of interest, whistleblowing, and document retention, which further demonstrate its commitment to ethical management and accountability.
However, the organization has a notable liability-to-assets ratio of 82.95%, which may raise concerns about its financial leverage and sustainability. While the overall financial practices are solid, potential donors and stakeholders might want to consider this aspect when assessing the long-term viability of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Decatur Church Of Christ Senior Housing Inc legitimate?
Decatur Church Of Christ Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Decatur Church Of Christ Senior Housing 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: $1,110,645
For more financial information, click here
Official website here: www.christiantowers.com
What is the mission statement of Decatur Church Of Christ Senior Housing Inc?
Decatur Church of Christ Senior Housing Inc. is dedicated to providing affordable housing for elderly and disabled individuals. They achieve this by operating two HUD-assisted and regulated apartment communities: Decatur Christian Towers and Gwinnett Christian Terrace. These communities offer housing solutions for low-income elderly and disabled persons, ensuring they have access to a safe and suitable living environment. The organization's primary mission is to contribute to the well-being and independence of these individuals, enhancing their quality of life.
Official website here: www.christiantowers.com
What is the revenue of Decatur Church Of Christ Senior Housing Inc?
Decatur Church Of Christ Senior Housing Inc's revenue in 2024 was $4,497,343.
Official website here: www.christiantowers.com
Who are the executives of Decatur Church Of Christ Senior Housing Inc and what are their salaries?
The average compensation at Decatur Church Of Christ Senior Housing Inc during 2024 was $33,656. There are 33 employees and 2 volunteers at Decatur Church Of Christ Senior Housing Inc.
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Official website here: www.christiantowers.com
Where can I find the form 990 for Decatur Church Of Christ Senior Housing Inc?
Decatur Church Of Christ Senior Housing Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.christiantowers.com
Learn more at the official website: www.christiantowers.com
Mission Statement of Decatur Church Of Christ Senior Housing Inc
Decatur Church of Christ Senior Housing Inc is committed to providing affordable housing for elderly and disabled individuals. Specifically, the organization operates two HUD-assisted and regulated apartment communities: Decatur Christian Towers and Gwinnett Christian Terrace. These communities offer a home to low-income elderly and disabled persons, ensuring they have a secure and comfortable living environment. By operating these two facilities, Decatur Church of Christ Senior Housing Inc plays a vital role in addressing the housing needs of this vulnerable population, thereby contributing positively to their overall well-being.
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Impact
July, 2024
Decatur Church Of Christ Senior Housing Inc's impact is substantial as it provides essential affordable housing to low-income elderly and disabled individuals through its two HUD assisted and regulated apartment communities - Decatur Christian Towers and Gwinnett Christian Terrace. By offering a total of 341 units across these communities, the organization plays a crucial role in addressing the housing needs of vulnerable populations in Decatur, Georgia. Their mission of providing safe and affordable housing contributes significantly to improving the quality of life for elderly and disabled individuals in the community.
This information is meant to be a general summary of Decatur Church Of Christ Senior Housing 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 2024.
- Investment Income: $29,882
- Program Service Revenue: $4,409,775
- Gross Receipts: $4,497,343
Assets and Liabilities:
- Total Assets: $16,740,304
- Total Liabilities: $13,886,399
- Net Assets: $2,853,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$4,388,919
LAUNDRY AND VENDING
Revenue
$20,856
Organization Details
Founding Year
1968
Principal Officer
Joan Cooper
Website
www.christiantowers.comNTEE Category
Code: L22Z - Housing
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