Overview
What is Assisted Living Foundation Of America?
The Assisted Living Foundation of America is a nonprofit organization based in Los Angeles, California. Their primary mission is to assist homeless and low-income seniors and families by providing them with housing and enriching life services. They accomplish this mission by acting as a managing general partner or managing member in 20 affordable housing projects. This organization is actively involved in acquiring, rehabilitating, selling, or operating such housing projects, catering to moderate to low-income elderly individuals or families. With a team of 10 dedicated employees, the Assisted Living Foundation of America strives to make a significant impact in the lives of those in need.
Official website here: www.alfahousing.org
Is Assisted Living Foundation Of America legitimate?
Assisted Living Foundation Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assisted Living Foundation Of America 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: $139,196
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Official website here: www.alfahousing.org
What is the mission statement of Assisted Living Foundation Of America?
The Assisted Living Foundation of America's mission is centered around assisting homeless and low-income senior citizens and families by providing them with housing solutions. The organization takes an active role in this mission, serving as a managing general partner and the sole member in 20 low-income housing projects. Beyond housing, the foundation also offers educational and life-enrichment services to enhance the lives of those it serves. Its mission is to contribute positively to the well-being and self-sufficiency of these individuals, providing them with the necessary resources to improve their quality of life.
Official website here: www.alfahousing.org
Who is the CEO of Assisted Living Foundation Of America?
Elliot L Shelton is the President & of Assisted Living Foundation Of America.
Official website here: www.alfahousing.org
What is the revenue of Assisted Living Foundation Of America?
Assisted Living Foundation Of America's revenue in 2022 was -$287,774.
Official website here: www.alfahousing.org
Who are the executives of Assisted Living Foundation Of America and what are their salaries?
The average compensation at Assisted Living Foundation Of America during 2022 was $13,920. There are 10 employees and 10 volunteers at Assisted Living Foundation Of America.
Here are 3 key members and their salaries:
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Official website here: www.alfahousing.org
Where can I find the form 990 for Assisted Living Foundation Of America?
Assisted Living Foundation Of America's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alfahousing.org
Learn more at the official website: www.alfahousing.org
Mission Statement of Assisted Living Foundation Of America
The Assisted Living Foundation of America is devoted to aiding homeless and low-income elderly individuals and families, offering them housing solutions and enriching life services. As the managing general partner or sole member in 20 low-income housing projects, this organization actively works towards acquiring, rehabilitating, selling, or operating affordable housing units. Their mission extends beyond providing shelter, as they also focus on delivering educational and life-enhancing services to those in need. By doing so, the Assisted Living Foundation of America strives to contribute positively to the lives of the less fortunate seniors and families, enabling them to live with dignity and security.
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Impact
October, 2024
The Assisted Living Foundation of America significantly impacts the lives of homeless and low-income seniors and families by addressing their critical housing needs. Through the acquisition, rehabilitation, and operation of affordable housing, the organization provides safe and stable living environments for individuals who may otherwise struggle to find adequate housing. With its presence in Los Angeles, the foundation manages or is involved in 20 low-income housing projects, creating tangible housing solutions for those in need.
In addition to housing, the foundation also focuses on offering educational and life-enrichment services, ensuring that residents have access to resources that enhance their quality of life. This holistic approach not only addresses immediate housing concerns but also fosters personal growth and community engagement among residents. By combining housing support with educational opportunities, the foundation empowers individuals and families to improve their situations, ultimately contributing to stronger, more resilient communities.
This information is meant to be a general summary of Assisted Living Foundation Of America. 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: $375,825
- Program Service Revenue: $508,452
- Gross Receipts: $9,795,050
Assets and Liabilities:
- Total Assets: $41,752,048
- Total Liabilities: $23,352,108
- Net Assets: $18,399,940
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORTIVE SERVICE INCOME
Revenue
$396,450
MANAGEMENT FEES
Revenue
$97,147
PROGRAM SERVICE REVENUE
Revenue
$15,000
GB PASS THROUGH LOSS
Revenue
-$145
Organization Details
Founding Year
1996
Phone
(310) 201-5990Principal Officer
Elliot L Shelton
Main Address
1900 AVENUE OF THE STARS SUITE 2300, LOS ANGELES, CA, 90067
Website
www.alfahousing.orgNTEE Category
Code: P750 - Human services
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