Overview
What is Presidio Village Senior Housing Inc?
Presidio Village Senior Housing Inc is a nonprofit organization situated in Pittsburg, California. The organization, with a staff of 13 individuals, is dedicated to serving low-income elderly residents. They operate a 104-unit housing project, adhering to Section 202 of the National Affordable Housing Act. The project's primary goal is to provide seniors with suitable housing facilities and services that cater to their physical, social, and psychological needs. By doing so, the organization aims to enhance their overall health, security, happiness, and productivity in their later years. The Presidio Village Senior Housing Inc is committed to promoting the well-being of its elderly residents, enabling them to live fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's overall performance in accountability and financial transparency. While the nonprofit has strengths in governance with a fully independent board and strong oversight measures, its financial health is a concern, particularly indicated by a high liabilities-to-assets ratio.
Presidio Village Senior Housing Inc shows commendable accountability practices, including a strong program expense ratio of 98.62%, which signifies a focus on its mission-related activities. Additionally, the organization has well-documented governance policies and practices, such as a conflict of interest policy and regular board meeting minutes. These elements contribute positively to its transparency and operational integrity.
However, the significant liabilities compared to its assets highlight a potential vulnerability in its financial stability. While the organization appears to have effective governance, the financial structure raises questions about long-term sustainability. Stakeholders may want to monitor financial metrics closely to ensure ongoing viability in their mission to support senior housing.
This AI summary has been generated from information found on Charity Navigator.
Is Presidio Village Senior Housing Inc legitimate?
Presidio Village Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presidio Village 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: $80,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $574,543
For more financial information, click here
What is the mission statement of Presidio Village Senior Housing Inc?
Presidio Village Senior Housing Inc's mission is centered around providing suitable living facilities and services for elderly individuals with low income. These facilities are designed to cater to their physical, social, and psychological needs, aiming to enhance their health, security, happiness, and productivity in their later years. The organization's goal is to promote a fulfilling life for the elderly, ensuring their well-being and overall happiness.
Who is the CEO of Presidio Village Senior Housing Inc?
Rhonda Wilson-Rice is the President of Presidio Village Senior Housing Inc.
What is the revenue of Presidio Village Senior Housing Inc?
Presidio Village Senior Housing Inc's revenue in 2023 was $1,617,901.
Who are the executives of Presidio Village Senior Housing Inc and what are their salaries?
The average compensation at Presidio Village Senior Housing Inc during 2023 was $50,379. There are 13 employees at Presidio Village Senior Housing Inc.
Here are 9 key members and their salaries:
- Compensation: $85,550
- Related: $16,378
- Other: $3,217
- Compensation: $100,615
- Related: $0
- Other: $4,025
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Presidio Village Senior Housing Inc?
Presidio Village Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Presidio Village Senior Housing Inc
Presidio Village Senior Housing Inc is committed to providing low-income elderly individuals with specialized housing facilities and services that cater to their physical, social, and psychological needs. The organization's mission is to promote the health, security, happiness, and usefulness of these seniors, enabling them to enjoy a higher quality of life in their later years. By offering housing specifically designed to meet the unique needs of the elderly, Presidio Village Senior Housing Inc aims to enhance their overall well-being and provide them with a sense of security and community. The corporation operates under Section 202 of the National Affordable Housing Act and manages a 104-unit affordable housing project for low-income seniors in Pittsburg, California.
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Impact
July, 2024
Presidio Village Senior Housing Inc's impact is crucial in providing low-income housing facilities and services specifically designed to meet the physical, social, and psychological needs of elderly persons. By offering affordable housing options tailored to seniors in the City of Pittsburg, California, the organization helps promote the health, security, happiness, and overall well-being of older individuals, enabling them to live longer and more fulfilling lives. Through its dedicated mission and focus on housing accessibility, Presidio Village Senior Housing Inc plays a vital role in supporting the senior community and ensuring their quality of life.
This information is meant to be a general summary of Presidio Village 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 2023.
- Investment Income: $642
- Program Service Revenue: $456,850
- Gross Receipts: $1,617,901
Assets and Liabilities:
- Total Assets: $8,017,766
- Total Liabilities: $13,681,234
- Net Assets: -$5,663,468
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY INCOME
Revenue
$6,781
MISCELLANEOUS INCOME
Revenue
$2,030
TENANT CHARGES
Revenue
$135
TENANT RENTS
Revenue
$447,904
Organization Details
Founding Year
2001
Phone
(925) 432-9922Principal Officer
Rhonda Wilson-Rice
Main Address
329 Railroad Avenue, Pittsburg, CA, 94565
NTEE Category
Code: L22 - Housing
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