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Sunray Communities Inc

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

EIN: 752543538 ✦ Flower mound, TX ✦ Designated as a 501(c)(3)

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Overview

What is Sunray Communities Inc?

Sunray Communities Inc is a nonprofit organization located in Flower Mound, Texas, specifically at 148 Red Oak Lane, 75028. Their primary mission is to offer affordable housing for the elderly and handicapped, with a facility of 50 units situated in Richardson, Texas. The organization is dedicated to providing housing solutions that cater to the unique physical, social, and psychological needs of its residents, ensuring a supportive and nurturing environment.

Is Sunray Communities Inc legitimate?

Sunray Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunray Communities 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: $66,882

For more financial information, click here

What is the mission statement of Sunray Communities Inc?

Sunray Communities Inc is committed to providing housing and specialized services for the elderly and handicapped individuals. Their mission involves offering housing facilities that cater to the unique physical, social, and psychological needs of these individuals. By doing so, they aim to enhance their quality of life and promote their overall well-being. The organization provides affordable housing solutions, as demonstrated by their 50-unit facility in Richardson, Texas.

In essence, Sunray Communities Inc is dedicated to creating an environment that supports the holistic needs of the elderly and handicapped, fostering a sense of belonging and enhancing their daily living experiences.

Who is the CEO of Sunray Communities Inc?

Steve Chao is the President of Sunray Communities Inc.

What is the revenue of Sunray Communities Inc?

Sunray Communities Inc's revenue in 2022 was $286,066.

Who are the executives of Sunray Communities Inc and what are their salaries?


Here are 3 key members and their salaries:


Steve Chao (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Ku (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Ko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sunray Communities Inc?

Sunray Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sunray Communities Inc

Sunray Communities Inc, a non-profit organization, is dedicated to providing housing solutions for elderly individuals and those with disabilities. The organization specializes in creating housing facilities and services tailored to meet the unique physical, social, and psychological needs of these individuals. By offering low-cost housing, Sunray Communities Inc aims to provide a safe and supportive environment where these individuals can thrive. Currently, the organization manages 50 units located in Richardson, Texas, but its mission extends beyond just providing housing. Sunray Communities Inc strives to enhance the quality of life for its residents, promoting an environment that fosters independence, social interaction, and overall well-being.

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Impact




October, 2024

Sunray Communities Inc significantly impacts the lives of elderly and handicapped individuals by offering low-cost housing solutions specifically tailored to their unique needs. With 50 housing units located in Richardson, Texas, the organization focuses on creating an environment that meets the physical, social, and psychological requirements of its residents. By providing safe, affordable housing and supportive services, Sunray Communities Inc fosters a sense of community and belonging, enhancing the overall quality of life for its residents. This commitment to serving vulnerable populations plays a crucial role in promoting independence and dignity among those who often face significant challenges in accessing appropriate housing.




This information is meant to be a general summary of Sunray Communities 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
$286,066 (2022)
Expenses
$354,682 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $551
  • Program Service Revenue: $285,515
  • Gross Receipts: $286,066

Assets and Liabilities:

  • Total Assets: $1,152,916
  • Total Liabilities: $53,102
  • Net Assets: $1,099,814

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Programs

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

APARTMENT RENTS

Revenue

$117,884

HUD TENANT ASSISTANCE

Revenue

$167,631

Organization Details

Founding Year

1994

Principal Officer

Steve Chao

Main Address

148 RED OAK LN, FLOWER MOUND, TX, 75028

NTEE Category

Code: L22 - Housing

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