Overview
What is Palacio Del Sol Ii Inc?
Palacio Del Sol II Inc is a nonprofit organization situated in San Antonio, Texas, specifically at 2300 West Commerce. Their mission is centered around providing housing facilities and services tailored to cater to the unique physical, social, and psychological needs of elderly and disabled individuals. By doing so, they aim to enhance their overall health, security, happiness, and contribute to their continued usefulness in life. The organization's activities are deeply committed to promoting the well-being of these individuals, ensuring they live with dignity and independence.
Official website here: www.mauc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Palacio Del Sol II Inc has achieved an impressive Four-Star rating, demonstrating strong accountability and financial health. The charity's overall score is derived solely from its accountability practices, showcasing a commitment to transparency and effective management. Notably, it boasts a perfect score in several areas, including having a fully independent board and no material asset diversions.
The organization has established robust governance policies, evident from its conflict of interest and whistleblower policies, both of which scored exceptionally well. Additionally, the charity maintains a solid financial standing with a liabilities-to-assets ratio of 15.27% and allocates 100% of its expenses toward its programs, indicating a clear focus on its mission. This reflects positively on its operational integrity and efficiency.
However, while the organization excels in accountability, specific programmatic impact metrics or qualitative assessments were not highlighted in the data provided. Overall, Palacio Del Sol II Inc stands out as a well-managed nonprofit with strong governance practices and financial transparency, making it a reliable choice for donors looking to support effective charitable initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Palacio Del Sol Ii Inc legitimate?
Palacio Del Sol Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palacio Del Sol Ii 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: $4,859
For more financial information, click here
Official website here: www.mauc.org/
What is the mission statement of Palacio Del Sol Ii Inc?
Palacio Del Sol II Inc, as a mission, is dedicated to catering to the needs of elderly and disabled individuals. Their goal is to provide housing facilities and services that address both their physical and psychological requirements. This is aimed at enhancing their health, ensuring their security, and promoting their happiness and usefulness in their later years. The organization strives to help these individuals live fulfilling lives in a supportive environment.
Official website here: www.mauc.org/
Who is the CEO of Palacio Del Sol Ii Inc?
Fernando Godinez is the Chair of Palacio Del Sol Ii Inc. The CEO's salary of Palacio Del Sol Ii Inc is $0 and their total compensation is $213,844.
Official website here: www.mauc.org/
What is the revenue of Palacio Del Sol Ii Inc?
Palacio Del Sol Ii Inc's revenue in 2022 was $46,718.
Official website here: www.mauc.org/
Who are the executives of Palacio Del Sol Ii Inc and what are their salaries?
Here are 5 key members and their salaries (Palacio Del Sol Ii Inc's CEO's salary is $0 and their total compensation is $213,844):
- 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: $205,620
- Other: $8,224
Official website here: www.mauc.org/
Where can I find the form 990 for Palacio Del Sol Ii Inc?
Palacio Del Sol Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mauc.org/
Learn more at the official website: www.mauc.org/
Mission Statement of Palacio Del Sol Ii Inc
Palacio Del Sol II Inc is dedicated to providing elderly and disabled individuals with 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 individuals in their later years. By offering suitable housing and services, Palacio Del Sol II Inc aims to enhance the lives of its residents, ensuring they live with dignity and comfort. The organization's services are designed to address the diverse needs of its residents, providing them with a sense of security and happiness that extends beyond their physical surroundings.
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Impact
August, 2024
Palacio Del Sol II Inc's impact is significant in providing elderly and disabled persons with essential housing facilities and services tailored to address their physical, social, and psychological needs. By promoting their health, security, happiness, and overall well-being, this organization plays a crucial role in enhancing the quality of life for individuals who may otherwise face challenges in finding suitable housing options. Through its mission to support the elderly and disabled population in SAN ANTONIO, TX, Palacio Del Sol II Inc contributes to creating a supportive environment that fosters independence and a sense of community among its residents.
This information is meant to be a general summary of Palacio Del Sol Ii 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 2022.
- Investment Income: $49
- Program Service Revenue: $46,669
- Gross Receipts: $46,718
Assets and Liabilities:
- Total Assets: $785,699
- Total Liabilities: $57,511
- Net Assets: $728,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$46,669
Organization Details
Founding Year
1967
Phone
(210) 978-0500Principal Officer
Fernando Godinez
Main Address
2300 West Commerce, San Antonio, TX, 78207
Website
www.mauc.org/NTEE Category
Code: L21 - Housing
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