Overview
What is Garfiled County Senior Housing Corporation?
Garfield County Senior Housing Corporation is a nonprofit organization situated in Glenwood Springs, Colorado. With a mission to provide affordable rental housing, they offer 42 individual apartments specifically designed for low-income senior citizens. Their purpose is to enhance the living conditions and provide a supportive environment for this demographic. The corporation is staffed by a small team of three individuals, ensuring efficient operation and dedication to their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, Two-Star out of Four Star rating.
Garfield County Senior Housing Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. While the organization boasts a 100% independent board, which is a strong point, it struggles significantly in financial reporting, as it lacks published financial statements and has a concerning liabilities-to-assets ratio of 175.39%. These factors contribute to its low overall score.
However, the organization demonstrates strengths in its operational policies, including having a whistleblower policy and a conflict of interest policy in place. It also shows a commendable commitment to program spending, with 89.84% of its expenses directed towards programs. This suggests that when funds are available, they are utilized effectively to support the mission.
Despite its positive aspects, the major limitations in financial transparency and the absence of a public website hinder its overall evaluation. The lack of accessible financial statements raises concerns about the organization's fiscal health and accountability to stakeholders. Overall, while Garfield County Senior Housing Corporation shows promise in its governance and program focus, its financial reporting practices need significant improvement for a higher rating.
This AI summary has been generated from information found on Charity Navigator.
Is Garfiled County Senior Housing Corporation legitimate?
Garfiled County Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Garfiled County Senior Housing Corporation 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: $77,782
For more financial information, click here
What is the mission statement of Garfiled County Senior Housing Corporation?
Garfield County Senior Housing Corporation's mission is centered around providing affordable rental housing for senior citizens. This organization strives to make housing accessible for elderly individuals with limited income, ensuring they can maintain a comfortable living standard. To accomplish this, Garfield County Senior Housing Corporation offers 42 individual apartments designed specifically for senior residents. The corporation's goal is to offer a residential solution that caters to the needs of senior citizens, thereby contributing to their well-being and overall quality of life.
Who is the CEO of Garfiled County Senior Housing Corporation?
Rachel Rippy is the Board Member of Garfiled County Senior Housing Corporation.
What is the revenue of Garfiled County Senior Housing Corporation?
Garfiled County Senior Housing Corporation's revenue in 2022 was $497,928.
Who are the executives of Garfiled County Senior Housing Corporation and what are their salaries?
The average compensation at Garfiled County Senior Housing Corporation during 2022 was $25,927. There are 3 employees at Garfiled County Senior Housing Corporation.
Here are 4 key members and their salaries:
- 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 Garfiled County Senior Housing Corporation?
Garfiled County Senior Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Garfiled County Senior Housing Corporation
Garfield County Senior Housing Corporation is a nonprofit organization dedicated to providing affordable rental housing to senior citizens. Its primary mission is to ensure that low-income senior citizens have access to suitable living accommodations. To fulfill this mission, the corporation provides 42 individual apartments to eligible senior citizens. This initiative enables these individuals to maintain their independence and dignity while living in a secure and affordable environment. By offering affordable housing options, Garfield County Senior Housing Corporation significantly contributes to the well-being and comfort of senior citizens in the community.
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
Garfield County Senior Housing Corporation provides a vital service by offering affordable rental housing to low-income senior citizens in Glenwood Springs, Colorado. With 42 individual apartments available, the organization plays a significant role in addressing the housing needs of this vulnerable population. By providing safe and affordable housing options, Garfield County Senior Housing Corporation positively impacts the lives of senior citizens in the community, allowing them to age with dignity and security.
This information is meant to be a general summary of Garfiled County Senior Housing Corporation. 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: $425
- Program Service Revenue: $248,994
- Gross Receipts: $497,928
Assets and Liabilities:
- Total Assets: $944,405
- Total Liabilities: $1,543,841
- Net Assets: -$599,436
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.
RENTAL INCOME
Revenue
$221,554
CABLE TV
Revenue
$18,722
MISCELLANEOUS
Revenue
$8,718
Organization Details
Founding Year
1981
Phone
(970) 945-9234Principal Officer
Rachel Rippy
Main Address
601 21ST STREET 106, GLENWOOD SPRINGS, CO, 81601
NTEE Category
Code: L22Z - Housing
If you are a representative of Garfiled County Senior Housing Corporation 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.