nonprofit logo

Rio Concho Manor Inc

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

EIN: 751219630 ✦ San angelo, TX ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Rio Concho Manor Inc?

Rio Concho Manor Inc, situated in San Angelo, Texas, is a nonprofit organization that specializes in providing housing solutions for individuals aged 62 years and above. They operate through an apartment complex, ensuring their services are compliant with regulations set by the U.S. Department of Housing and Urban Development. The organization's primary mission is to offer housing options, which are available through both apartment rentals and lifetime leases, catering specifically to the elderly population.


Official website here: www.rioconcho.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% - Four-Star out of Four Star rating

Rio Concho Manor Inc has achieved a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 96% in the Accountability & Finance category, reflecting its strong management practices and transparent operations. This score is particularly noteworthy as it is derived entirely from a single beacon score, focusing on the nonprofit's adherence to financial best practices.

Key strengths of Rio Concho Manor include a fully independent board, with all eight members meeting this criterion, and a robust financial oversight structure, including an Audit and Oversight Committee. The organization has demonstrated a strong commitment to ethical governance, showcasing policies such as conflict of interest and whistleblower protections. Additionally, it maintains a healthy liabilities to assets ratio of 13.24% and allocates over 70% of its expenses directly to programs.

While the data reflects a solid operational foundation, no significant limitations were identified in the provided information. Overall, Rio Concho Manor Inc stands out as a well-managed nonprofit, ensuring that funds are used effectively to support its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Rio Concho Manor Inc legitimate?

Rio Concho Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Concho Manor 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: $320,095

For more financial information, click here


Official website here: www.rioconcho.com

What is the mission statement of Rio Concho Manor Inc?

Rio Concho Manor Inc's mission is centered around providing housing solutions for individuals who are 62 years of age and older. They achieve this through the rental of apartments and the offering of lifetime leases. The housing provided by Rio Concho Manor Inc is regulated by the U.S. Department of Housing and Urban Development, ensuring adherence to certain standards and guidelines. The organization's primary goal is to cater to the housing needs of senior citizens, offering them a secure and comfortable living environment.


Official website here: www.rioconcho.com

Who is the CEO of Rio Concho Manor Inc?

Elisabeth Elsass is the Executive Dir. of Rio Concho Manor Inc.


Official website here: www.rioconcho.com

What is the revenue of Rio Concho Manor Inc?

Rio Concho Manor Inc's revenue in 2022 was $1,691,991.


Official website here: www.rioconcho.com

Who are the executives of Rio Concho Manor Inc and what are their salaries?

The average compensation at Rio Concho Manor Inc during 2022 was $20,006. There are 16 employees and 15 volunteers at Rio Concho Manor Inc.


Here are 15 key members and their salaries:


Elisabeth Elsass (Executive Dir.)
  • Compensation: $0
  • Related: $105,034
  • Other: $3,254
Sandy Speed (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Nikolauk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Stanley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Adam (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Dowler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Sneed (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Balentine-Tipton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Abbott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Prince (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Lopez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dallas Swafford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Zitting (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Millican (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Merrill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rioconcho.com

Where can I find the form 990 for Rio Concho Manor Inc?

Rio Concho Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rioconcho.com

Learn more at the official website: www.rioconcho.com

Mission Statement of Rio Concho Manor Inc

Rio Concho Manor Inc is dedicated to offering housing solutions for individuals who have reached the age of 62. This is accomplished through the provision of apartment rentals and lifetime leases. The U.S. Department of Housing and Urban Development regulates this housing complex, ensuring that the standards and requirements are met. Rio Concho Manor Inc's mission is to provide a secure and comfortable living environment for senior citizens, allowing them to maintain their independence and dignity as they enter their golden years. The organization's housing solutions are designed to cater to the specific needs of older adults, ensuring that they have access to a safe, supportive, and age-appropriate living space.

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

Rio Concho Manor Inc's impact is providing essential housing options for individuals aged 62 years and older in San Angelo, TX. By offering apartment rentals and lifetime leases, this organization plays a crucial role in ensuring that this demographic has access to safe and regulated housing. Through their mission of providing housing for seniors, Rio Concho Manor Inc contributes to the well-being and stability of older adults in the community, fostering a sense of security and community support for this vulnerable population. Their focus on housing aligns with the overarching goal of promoting a high quality of life and ensuring that seniors have a comfortable and suitable living environment as they age.




This information is meant to be a general summary of Rio Concho Manor 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
$1,691,991 (2022)
201120122013201420152016201720182019202020212022$0$450k$900k$1.35M$1.8M
Expenses
$1,596,166 (2022)
201120122013201420152016201720182019202020212022$0$400k$800k$1.2M$1.6M
Efficiency
2011201220132014201520162017201820192020202120220%5%10%15%22%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,184
  • Program Service Revenue: $1,438,270
  • Gross Receipts: $1,696,735

Assets and Liabilities:

  • Total Assets: $1,406,960
  • Total Liabilities: $239,612
  • Net Assets: $1,167,348

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.

APARTMENT RENTAL

Revenue

$1,222,641

TENANT ASSISTANCE

Revenue

$134,084

COMMERCIAL RENTAL

Revenue

$52,488

PARKING

Revenue

$20,781

MISCELLANEOUS RENT

Revenue

$8,276

Organization Details

Founding Year

1960

Principal Officer

Elisabeth Elsass

Main Address

401 RIO CONCHO DR, SAN ANGELO, TX, 76903

NTEE Category

Code: L210 - Housing

If you are a representative of Rio Concho Manor Inc 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.