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Canyon Cove Seniors Inc

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

EIN: 742380723 ✦ Midvale, UT ✦ Designated as a 501(c)(3)

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Overview

What is Canyon Cove Seniors Inc?

Canyon Cove Seniors Inc is a nonprofit organization dedicated to providing affordable housing for the elderly. Operating under the guidelines of HUD's Section 202 of the National Housing Act of 1959, they subsidize living accommodations for those in need. During the fiscal year, their program assisted around 22 individuals, making a significant difference in their lives.

Is Canyon Cove Seniors Inc legitimate?

Canyon Cove Seniors Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canyon Cove Seniors 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 Canyon Cove Seniors Inc?

Canyon Cove Seniors Inc. is dedicated to providing low-income housing options for the elderly. They accomplish this mission through a HUD-insured housing project, which subsidizes living accommodations for individuals who fall under Section 202 of the National Housing Act of 1959. During the fiscal year, this initiative has been benefiting approximately 22 elderly individuals by offering them affordable housing solutions.

What is the revenue of Canyon Cove Seniors Inc?

Canyon Cove Seniors Inc's revenue in 2023 was $289,519.

Who are the executives of Canyon Cove Seniors Inc and what are their salaries?

Here are 3 key members and their salaries:


Kendall Thomas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Schulz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Rigby (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Canyon Cove Seniors Inc?

Canyon Cove Seniors Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Canyon Cove Seniors Inc

Canyon Cove Seniors Inc is dedicated to providing affordable housing solutions for the elderly community. They achieve this mission through a HUD-insured housing project, which subsidizes living accommodations for individuals under Section 202 of the National Housing Act of 1959. During the fiscal year, this initiative benefited approximately 22 individuals, ensuring they have access to suitable and affordable housing. By offering this service, Canyon Cove Seniors Inc contributes to enhancing the quality of life for the elderly population, providing them with a secure and comfortable living environment.

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Impact




October, 2024

Canyon Cove Seniors Inc significantly impacts the community by providing low-income housing specifically tailored for the elderly. Through a HUD-insured housing project, it offers essential subsidized living accommodations under Section 202 of the National Housing Act of 1959. This initiative directly benefits around 22 individuals each fiscal year, ensuring that elderly residents have access to affordable and secure housing options in Midvale, Utah. By focusing on this vulnerable population, Canyon Cove helps to improve their quality of life, fostering a sense of community and support among its residents.




This information is meant to be a general summary of Canyon Cove Seniors 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
$289,519 (2023)
Expenses
$268,006 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $25
  • Program Service Revenue: $289,494
  • Gross Receipts: $289,519

Assets and Liabilities:

  • Total Assets: $556,775
  • Total Liabilities: $272,807
  • Net Assets: $283,968

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Programs

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

Apartment Rents

Revenue

$87,111

Laundry Receipts
Miscellaneous Revenue

Revenue

$1

Rent Subsidies

Revenue

$202,382

Svc Coordinator Income

Organization Details

Founding Year

1985

Principal Officer

Kendall Thomas

NTEE Category

Code: L22Z - Housing

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