Overview
What is Trc Senior Village 1 Nfp?
Trc Senior Village 1 Nfp is a nonprofit organization situated in Chicago, Illinois, specifically at 3757 South Wabash Avenue. Their primary mission is to support low-income seniors who are 62 years old and above, aiming to enhance their quality of life. The organization provides a variety of services, such as tai-chi and body part fitness classes, nutrition programs, gardening activities, and other social services. With a dedicated team of seven employees, Trc Senior Village 1 Nfp is committed to empowering seniors and fostering an engaging community environment for them.
Official website here: www.trcwabash.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Stars
Trc Senior Village 1 Nfp has received a solid rating of 85%, indicating a strong performance in terms of accountability and finance. This rating is significant as it reflects the organization’s commitment to financial transparency and responsible governance. All aspects of their financial management are scored highly, showcasing a well-structured and independently governed board.
Strengths include a fully independent board with 100% of its members meeting this criterion, as well as an excellent program expense ratio of 100%. The organization adheres to important policies related to conflict of interest, whistleblowing, and document retention, which further underscores its commitment to ethical practices. The presence of an oversight committee and the availability of financial statements for public scrutiny also contribute positively to its accountability score.
However, a notable limitation is the liabilities to assets ratio, which stands at 105.19%, indicating potential financial strain. This could raise concerns about the organization's long-term financial stability. Overall, while Trc Senior Village 1 Nfp demonstrates strong governance and transparency, stakeholders may want to keep an eye on its financial health moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Trc Senior Village 1 Nfp legitimate?
Trc Senior Village 1 Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trc Senior Village 1 Nfp 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: $215,446
For more financial information, click here
Official website here: www.trcwabash.org
What is the mission statement of Trc Senior Village 1 Nfp?
Trc Senior Village 1 Nfp's mission is centered around providing housing and support services for low-income seniors who are 62 years of age and older. The organization's goal is to empower these seniors, enabling them to enhance their quality of life. To achieve this, they offer a range of supportive services, including fitness programs like Tai-chi and body part fitness, nutrition guidance, gardening activities, and various social services.
Official website here: www.trcwabash.org
Who is the CEO of Trc Senior Village 1 Nfp?
Sheila Radford Hill is the Vice President of Trc Senior Village 1 Nfp.
Official website here: www.trcwabash.org
What is the revenue of Trc Senior Village 1 Nfp?
Trc Senior Village 1 Nfp's revenue in 2022 was $779,391.
Official website here: www.trcwabash.org
Who are the executives of Trc Senior Village 1 Nfp and what are their salaries?
The average compensation at Trc Senior Village 1 Nfp during 2022 was $30,778. There are 7 employees at Trc Senior Village 1 Nfp.
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Official website here: www.trcwabash.org
Where can I find the form 990 for Trc Senior Village 1 Nfp?
Trc Senior Village 1 Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trcwabash.org
Learn more at the official website: www.trcwabash.org
Mission Statement of Trc Senior Village 1 Nfp
Trc Senior Village 1 Nfp is committed to providing housing and support services for seniors who have reached the age of 62. The organization's mission is to empower these individuals, enabling them to enjoy a better quality of life. To achieve this, Trc Senior Village 1 Nfp offers a variety of supportive services, including physical fitness activities like Tai-Chi and body part exercises, nutrition education, and gardening opportunities. Additionally, the nonprofit provides various social services to ensure the overall well-being of its senior residents.
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Impact
July, 2024
TRC Senior Village 1 NFP provides essential housing and support services for low-income seniors aged sixty-two and older in Chicago, Illinois. By offering a range of services such as Tai-Chi, fitness programs, nutrition assistance, gardening activities, and other social services, this organization empowers seniors to improve their quality of life. Their mission is to ensure that these seniors have access to affordable housing and the support they need to thrive as they age. Through their dedicated efforts, TRC Senior Village 1 NFP positively impacts the lives of seniors in their community, enhancing their well-being and overall quality of life.
This information is meant to be a general summary of Trc Senior Village 1 Nfp. 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.
- Investment Income: $1,837
- Program Service Revenue: $221,699
- Gross Receipts: $779,391
Assets and Liabilities:
- Total Assets: $11,643,775
- Total Liabilities: $12,249,049
- Net Assets: -$605,274
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAMAGE INCOME
LAUNDRY AND VENDING
Revenue
$1,451
TENANT PAYMENTS
Revenue
$220,248
Organization Details
Founding Year
2006
Phone
(773) 924-9270Principal Officer
Sheila Radford Hill
Main Address
3757 SOUTH WABASH AVENUE, CHICAGO, IL, 60653
Website
www.trcwabash.orgNTEE Category
Code: L22 - Housing
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