Overview
What is Woodland Christian Towers Inc?
Woodland Christian Towers Inc is a nonprofit organization situated in Walnut Creek, California. Its primary mission is to provide affordable housing options for the elderly population, adhering to Section 8 of the National Housing Act. They offer a supportive living environment, ensuring that elderly individuals have access to affordable and comfortable accommodations. The organization's mission is deeply rooted in the belief that every senior deserves a safe and secure place to call home.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40% (Zero-Star out of Four Star rating).
Woodland Christian Towers Inc has received a low score of 40%, indicating significant concerns regarding its accountability and financial practices. The organization does have a fully independent board, which is a positive aspect, but its overall financial health raises alarms, particularly with a liabilities to assets ratio of 10.79% and a program expense ratio of only 38.32%. These figures suggest that a majority of its funding may not be effectively directed towards its programs.
Additionally, the charity is lacking several essential governance policies, including a whistleblower policy and a document retention strategy, which highlights potential risks in oversight and transparency. While the organization has successfully documented board meeting minutes, the absence of key policies may hinder its operational integrity. This low rating serves as a caution for potential donors regarding the organization's management and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Woodland Christian Towers Inc legitimate?
Woodland Christian Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodland Christian Towers 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: $0
For more financial information, click here
What is the mission statement of Woodland Christian Towers Inc?
Woodland Christian Towers Inc, as an organization, is dedicated to providing affordable housing options for elderly individuals, in accordance with Section 8 of the National Housing Act. This mission is carried out with the primary goal of offering a suitable living environment for this demographic, ensuring their financial stability and overall well-being. The organization's activities are centered around providing affordable housing solutions, thus fostering a sense of security and independence for its elderly residents.
Who is the CEO of Woodland Christian Towers Inc?
Gail Gilman is the Ceo of Woodland Christian Towers Inc. The CEO's salary of Woodland Christian Towers Inc is $0 and their total compensation is $43,649.
What is the revenue of Woodland Christian Towers Inc?
Woodland Christian Towers Inc's revenue in 2023 was $0.
Who are the executives of Woodland Christian Towers Inc and what are their salaries?
Here are 7 key members and their salaries (Woodland Christian Towers Inc's CEO's salary is $0 and their total compensation is $43,649):
- Compensation: $0
- Related: $42,642
- Other: $1,007
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Woodland Christian Towers Inc?
Woodland Christian Towers Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Woodland Christian Towers Inc
Woodland Christian Towers Inc, a nonprofit organization, is committed to providing affordable housing for elderly individuals. This mission is in line with Section 8 of the National Housing Act, a legislative measure aimed at addressing housing needs. By offering affordable housing solutions, Woodland Christian Towers Inc contributes to ensuring that elderly persons have access to secure and comfortable living spaces, thereby improving their overall well-being. The organization's mission is an essential contribution to addressing housing disparities and ensuring that elderly individuals can age with dignity and independence.
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Impact
October, 2024
Woodland Christian Towers Inc plays a vital role in enhancing the quality of life for elderly individuals by providing affordable housing in Walnut Creek, CA. Through its commitment to the Section 8 program under the National Housing Act, the organization ensures that senior citizens have access to safe and secure living environments. This initiative not only alleviates the financial burden on aging residents but also fosters a sense of community and belonging among them. By prioritizing affordable housing, Woodland Christian Towers Inc significantly contributes to the overall well-being and independence of elderly persons, allowing them to thrive in their later years.
This information is meant to be a general summary of Woodland Christian Towers 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.
Assets and Liabilities:
- Total Assets: $3,452,986
- Total Liabilities: $372,848
- Net Assets: $3,080,138
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Organization Details
Founding Year
1969
Phone
(510) 632-6712Principal Officer
Gail Gilman
Main Address
1855 OLYMPIC BLVD SUITE 300, WALNUT CREEK, CA, 94596
NTEE Category
Code: L20Z - Housing
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