nonprofit logo

Rodeo Senior Apartments Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 680449067 ✦ San rafael, CA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Rodeo Senior Apartments Inc?

Rodeo Senior Apartments Inc, situated in San Rafael, California, is a dedicated retirement home or senior housing program. Its primary mission revolves around offering affordable living accommodations to the elderly who fall under the low-income bracket. This nonprofit organization is committed to providing a supportive environment for its elderly residents, ensuring their comfort and well-being.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 52%, One-Star out of Four Star rating.

Rodeo Senior Apartments Inc has received a low rating of 52% on Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. Although it scored well in program expense ratio, suggesting effective allocation of funds towards its mission, multiple key policies and documents are missing that are essential for transparency and accountability.

The nonprofit has demonstrated a commitment to its programs, with a high program expense ratio of 96.47%. However, the absence of a conflict of interest policy, whistleblower policy, and other essential governance documents detracts from its credibility. Additionally, the liabilities to assets ratio is concerning, as it indicates potential financial instability.

The compensation for key personnel is notably high, which could prompt questions about resource allocation and prioritization within the organization. Overall, while Rodeo Senior Apartments Inc appears to be focused on its mission, the lack of transparency and governance policies could hinder its effectiveness and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Rodeo Senior Apartments Inc legitimate?

Rodeo Senior Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rodeo Senior 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,275

For more financial information, click here

What is the mission statement of Rodeo Senior Apartments Inc?

Rodeo Senior Apartments Inc is committed to providing affordable housing solutions for the elderly. Their mission is to offer a living space for individuals with limited income, ensuring they can maintain an independent and dignified lifestyle in their golden years. The organization focuses on creating a community where seniors can age gracefully, surrounded by support and care. By offering low-income housing, Rodeo Senior Apartments Inc aims to alleviate the financial burden associated with senior living, enabling elderly individuals to concentrate on their well-being and enjoy their later years.

Who is the CEO of Rodeo Senior Apartments Inc?

Cathy Macy is the Secretary/Treas of Rodeo Senior Apartments Inc.

What is the revenue of Rodeo Senior Apartments Inc?

Rodeo Senior Apartments Inc's revenue in 2023 was $6,650,728.

Who are the executives of Rodeo Senior Apartments Inc and what are their salaries?


Here are 3 key members and their salaries:


Laura Hall (Secretary/Treas)
  • Compensation: $0
  • Related: $591,118
  • Other: $41,676
Welton Jordan (Vice President)
  • Compensation: $0
  • Related: $418,349
  • Other: $27,052
Cathy Macy (President)
  • Compensation: $0
  • Related: $372,185
  • Other: $39,392
Where can I find the form 990 for Rodeo Senior Apartments Inc?

Rodeo Senior Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rodeo Senior Apartments Inc

Rodeo Senior Apartments Inc is committed to providing affordable housing for the elderly. As a retirement home or senior housing program, its mission is to offer a living space for individuals with limited income, ensuring they can maintain a dignified and comfortable lifestyle in their golden years. By offering low-income housing, Rodeo Senior Apartments Inc aims to alleviate some of the financial burdens that seniors often face, allowing them to focus on their well-being and personal growth. The organization's mission is a vital contribution to the community, ensuring that the elderly have access to safe, affordable, and appropriate housing, thereby contributing to their overall quality of life.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Rodeo Senior Apartments Inc provides essential low-income housing for elderly individuals in San Rafael, CA. This allows seniors in need to access safe and comfortable living spaces, enhancing their quality of life and overall well-being. By fulfilling its mission of providing affordable housing options for the elderly, Rodeo Senior Apartments Inc positively impacts the community by ensuring that this vulnerable population has access to necessary resources and support in their golden years.




This information is meant to be a general summary of Rodeo Senior 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.

Revenue
$6,650,728 (2023)
Expenses
$3,075,305 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $72,054
  • Program Service Revenue: $163,991
  • Gross Receipts: $6,650,728

Assets and Liabilities:

  • Total Assets: $6,744,721
  • Total Liabilities: $7,714,853
  • Net Assets: -$970,132

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BAD DEBT RECOVERY

Revenue

$588

LAUNDRY INCOME

Revenue

$2,392

OTHER INCOME

Revenue

$871

PARTNERSHIP MGMT FEES

Revenue

$10,799

TENANT RENTS

Revenue

$149,114

Organization Details

Founding Year

2000

Principal Officer

Cathy Macy

Main Address

22 Pelican Way, San Rafael, CA, 94901

NTEE Category

Code: L22 - Housing

If you are a representative of Rodeo Senior Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.