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Affordable Senior Housing Development Corporation

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

EIN: 814202008 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is Affordable Senior Housing Development Corporation?

Affordable Senior Housing Development Corporation is a dedicated nonprofit organization situated in Las Vegas, Nevada. Their primary mission is to cater to the needs of elderly or handicapped families and individuals, providing them with affordable rental housing and related facilities and services. This organization is committed to enhancing the health, security, happiness, and usefulness of these vulnerable groups by designing services specifically tailored to their requirements. Their work contributes significantly towards improving the living conditions and overall well-being of the elderly and disabled community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 73%)

The Affordable Senior Housing Development Corporation has received a two-star rating, indicating that it has areas needing improvement despite strong accountability and finance metrics. The organization scored 100% in this area, demonstrating a solid commitment to financial integrity and governance, particularly with its independent board composition, which received full points.

However, the nonprofit falls short in several key policies and transparency measures. The organization did not score any points for having a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy, all of which are critical for ethical governance. Additionally, it lacks transparency on its website, as evidenced by not listing its tax form or other important documents, which detracts from stakeholder trust.

Overall, while the Affordable Senior Housing Development Corporation excels in financial accountability, there are significant gaps in its governance practices and transparency that need to be addressed for improvement and to enhance its credibility with the public.


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

Is Affordable Senior Housing Development Corporation legitimate?

Affordable Senior Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Senior Housing Development Corporation 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 Affordable Senior Housing Development Corporation?

The Affordable Senior Housing Development Corporation is dedicated to serving the needs of elderly or handicapped families and individuals. Their mission is to provide them with suitable rental housing and associated facilities and services, specifically designed to cater to their unique requirements. The corporation strives to contribute to their health, security, happiness, and overall usefulness. In essence, their goal is to enhance the quality of life for the elderly and disabled population by providing them with tailored housing solutions and services.

Who is the CEO of Affordable Senior Housing Development Corporation?

Marcus Valerio is the President of Affordable Senior Housing Development Corporation.

What is the revenue of Affordable Senior Housing Development Corporation?

Affordable Senior Housing Development Corporation's revenue in 2022 was $1,800.

Who are the executives of Affordable Senior Housing Development Corporation and what are their salaries?

There 9 volunteers at Affordable Senior Housing Development Corporation.


Here are 9 key members and their salaries:


Marcus Valerio (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Zidzik (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Schmitt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Simpson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Amster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Banner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Hollon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rian Ross (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Ricciardi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Affordable Senior Housing Development Corporation?

Affordable Senior Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Affordable Senior Housing Development Corporation

Affordable Senior Housing Development Corporation is dedicated to serving the needs of elderly and disabled families and individuals. Their mission is to provide them with suitable rental housing and related facilities and services, tailored to meet their unique requirements. This nonprofit organization strives to contribute positively to their health, security, happiness, and overall usefulness. By offering such specialized housing and support, Affordable Senior Housing Development Corporation aims to enrich the lives of its residents, helping them live with dignity and independence.

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Impact




August, 2024

Affordable Senior Housing Development Corporation's impact is evident in its provision of rental housing and related facilities and services tailored for elderly or handicapped individuals. By focusing on meeting the specific needs of this demographic, the organization contributes significantly to their health, security, happiness, and overall sense of usefulness. This targeted approach helps create an environment where seniors and disabled individuals can live comfortably and enjoy a high quality of life in Las Vegas, NV.




This information is meant to be a general summary of Affordable Senior Housing Development Corporation. 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
$1,800 (2022)
Expenses
$2,500 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,800
  • Gross Receipts: $1,800

Assets and Liabilities:

  • Total Assets: $653,748
  • Total Liabilities: $0
  • Net Assets: $653,748

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Organization Details

Founding Year

2017

Principal Officer

Marcus Valerio

Main Address

501 S 7TH STREET, LAS VEGAS, NV, 89101

NTEE Category

Code: L22 - Housing

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