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Riverton Tower Senior Center Inc

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

EIN: 821752469 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Riverton Tower Senior Center Inc?

Riverton Tower Senior Center Inc is a nonprofit organization situated in Jacksonville, Florida, specifically at 5353 Arlington Expressway. Their primary mission is to better the lives of senior citizens within the community and those residing at the center. They achieve this by offering affordable housing at below market value for seniors aged 62 and above. In times of emergency, they also provide temporary lodging for individuals referred by other non-profit organizations or hospitals. Beyond housing, they offer various social activities, computer labs, and opportunities to attend education seminars and other services that promote healthy living. This holistic approach aims to enhance the overall well-being of senior citizens in the community.


Official website here: www.rivertontower.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Stars

Riverton Tower Senior Center Inc has achieved an impressive rating of 87%, reflecting strong accountability and financial practices. The charity has a solid foundation with a fully independent board, contributing to transparency and effective governance. Each aspect of their financial management, including the absence of material asset diversion, enhances their credibility.

The organization maintains a commendable program expense ratio of 61.86%, indicating a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the presence of essential policies such as conflict of interest and whistleblower policies demonstrates a commitment to ethical operations and protecting stakeholders.

However, while the overall financial health appears robust, the program expense ratio could be improved to optimize resource allocation further. Overall, Riverton Tower Senior Center Inc stands out for its strong governance and accountability measures, making it a trustworthy option for potential donors.


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

Is Riverton Tower Senior Center Inc legitimate?

Riverton Tower Senior Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverton Tower Senior Center 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: $174,505
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,583

For more financial information, click here


Official website here: www.rivertontower.org

What is the mission statement of Riverton Tower Senior Center Inc?

The mission of Riverton Tower Senior Center Inc is centered around providing affordable housing options for senior citizens aged 62 and above, offering residences at below market value. In addition to this, the center offers temporary lodging in emergency situations for individuals who are referred by other non-profit organizations or hospitals. The main objective of the center is to enrich the lives of its senior residents and those staying temporarily by offering various amenities such as social activities, computer labs, and access to educational seminars and services, all aimed at promoting a healthy lifestyle. The center also extends its services to provide temporary shelter in emergencies, ensuring support for those in need.


Official website here: www.rivertontower.org

Who is the CEO of Riverton Tower Senior Center Inc?

Katherine E Dane is the Principal Officer of Riverton Tower Senior Center Inc.


Official website here: www.rivertontower.org

What is the revenue of Riverton Tower Senior Center Inc?

Riverton Tower Senior Center Inc's revenue in 2022 was $1,188,612.


Official website here: www.rivertontower.org

Who are the executives of Riverton Tower Senior Center Inc and what are their salaries?

The average compensation at Riverton Tower Senior Center Inc during 2022 was $26,939. There are 15 employees at Riverton Tower Senior Center Inc.


Here are 7 key members and their salaries:


Katherine Dane (President)
  • Compensation: $60,957
  • Related: $0
  • Other: $0
Kathleen Gerding (Vp & Secretary)
  • Compensation: $50,750
  • Related: $0
  • Other: $0
Becky Davis (Trustee)
  • Compensation: $37,818
  • Related: $0
  • Other: $0
Gregg Heffelfinger (Treasurer)
  • Compensation: $24,980
  • Related: $0
  • Other: $0
Cheryl Myers-Wrobleski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antoinette Herbert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Allen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rivertontower.org

Where can I find the form 990 for Riverton Tower Senior Center Inc?

Riverton Tower Senior Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rivertontower.org

Learn more at the official website: www.rivertontower.org

Mission Statement of Riverton Tower Senior Center Inc

Riverton Tower Senior Center Inc is dedicated to improving the lives of senior citizens within the community, primarily those aged 62 and above. Their mission is twofold: providing affordable housing at below market rates and offering temporary lodging in emergency situations for individuals referred by other non-profit organizations or hospitals. This dual commitment aims to support the well-being of senior citizens financially and in times of crisis.

In addition to affordable housing, Riverton Tower Senior Center Inc offers a range of services and amenities to promote healthy living. These can include social activities, computer labs, and access to educational seminars. By providing such facilities, the center aims to enhance the quality of life for its residents and foster a sense of community among senior citizens. In times of emergency, the center extends its services to those in need, offering temporary lodging to individuals referred by other non-profit organizations or hospitals. This compassionate approach ensures that senior citizens are not left without support in their time of need.

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Impact




July, 2024

Riverton Tower Senior Center Inc plays a crucial role in providing affordable housing for seniors aged 62 and older in Jacksonville, Florida. By offering below-market value apartments, the organization ensures that senior citizens have access to secure and comfortable living spaces. In addition to housing, Riverton Tower Senior Center Inc also offers temporary lodging in emergency situations, catering to individuals in need who are referred by other nonprofit organizations or hospitals. This initiative greatly impacts the well-being and quality of life for seniors in the community, providing them with a safe and supportive environment.




This information is meant to be a general summary of Riverton Tower Senior Center 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
$1,188,612 (2022)
Expenses
$1,411,176 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,418
  • Program Service Revenue: $1,130,850
  • Gross Receipts: $1,188,612

Assets and Liabilities:

  • Total Assets: $2,947,129
  • Total Liabilities: $20,168
  • Net Assets: $2,926,961

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Programs

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

Affordable Housing for Seniors 62 and over

Organization Details

Founding Year

2018

Principal Officer

Katherine E Dane

Main Address

5353 Arlington Expressway, Jacksonville, FL, 32211

NTEE Category

Code: L21 - Housing

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