Overview
What is Affordable Senior Housing Foundation?
The Affordable Senior Housing Foundation, based in San Diego, California, is a dedicated nonprofit organization. With a team of 83 individuals, their primary mission is to offer residential care for elderly individuals and patients. This mission is fulfilled through their daily activities, which are centered around providing a supportive living environment for the senior population. The Foundation's commitment to this cause extends beyond mere residential care, ensuring the well-being and comfort of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating
The Affordable Senior Housing Foundation received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. While the organization has a strong program expense ratio at 85.34%, suggesting that a significant portion of its funds goes directly to its programs, its overall financial health is questioned due to a high liabilities-to-assets ratio of 98.26%.
A notable weakness is the complete lack of independent board members, which raises concerns about governance and oversight. Despite this, the organization has established various policies, such as conflict of interest and whistleblower policies, which are in place to promote integrity within its operations. However, the absence of a publicly accessible website and certain required financial documents can hinder transparency and accessibility for potential donors and stakeholders.
Overall, while the Affordable Senior Housing Foundation demonstrates commitment through program spending and the establishment of critical governance policies, the lack of independent oversight and financial transparency may limit confidence among supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Affordable Senior Housing Foundation legitimate?
Affordable Senior Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Senior Housing Foundation 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: $460,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,908,100
For more financial information, click here
What is the mission statement of Affordable Senior Housing Foundation?
The Affordable Senior Housing Foundation's mission, as stated, is centered around providing residential care for the elderly and patients. This organization is dedicated to ensuring that elderlies and individuals requiring care have access to suitable living arrangements. Their mission encompasses offering a home where these individuals can reside comfortably and receive necessary care. The foundation's activities are primarily focused on providing residential care, supporting the well-being and comfort of their residents.
Who is the CEO of Affordable Senior Housing Foundation?
Matthew Parks is the Executive Dir. of Affordable Senior Housing Foundation. The CEO's salary of Affordable Senior Housing Foundation is $95,673 and their total compensation is $95,673.
What is the revenue of Affordable Senior Housing Foundation?
Affordable Senior Housing Foundation's revenue in 2022 was $5,082,581.
Who are the executives of Affordable Senior Housing Foundation and what are their salaries?
The average compensation at Affordable Senior Housing Foundation during 2022 was $28,532. There are 83 employees at Affordable Senior Housing Foundation.
Here are 5 key members and their salaries (Affordable Senior Housing Foundation's CEO's salary is $95,673 and their total compensation is $95,673):
- Compensation: $101,342
- Related: $0
- Other: $0
- Compensation: $95,673
- Related: $0
- Other: $0
- Compensation: $81,538
- Related: $0
- Other: $0
- Compensation: $40,519
- Related: $0
- Other: $0
- Compensation: $26,385
- Related: $0
- Other: $0
Where can I find the form 990 for Affordable Senior Housing Foundation?
Affordable Senior Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Affordable Senior Housing Foundation
Affordable Senior Housing Foundation is committed to providing residential care for both patients and the elderly. Their mission is centered around ensuring that this vulnerable population has a place to call home. The foundation focuses on offering residential services, catering to the unique needs of the elderly and those requiring medical attention. By providing residential care, Affordable Senior Housing Foundation aims to enhance the quality of life for its residents, offering them a safe and supportive environment during their later years.
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Impact
July, 2024
Affordable Senior Housing Foundation focuses on providing residential care for patients and the elderly in the city of San Diego, CA. Their impact can be seen in the improved quality of life and housing security they offer to seniors who may otherwise struggle to find affordable and suitable accommodation. This organization plays a crucial role in helping vulnerable senior citizens live with dignity and support, highlighting the importance of accessible senior housing options in the community.
This information is meant to be a general summary of Affordable Senior Housing Foundation. 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.
- Program Service Revenue: $4,932,006
- Gross Receipts: $5,082,581
Assets and Liabilities:
- Total Assets: $19,815,717
- Total Liabilities: $19,756,272
- Net Assets: $59,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$4,932,006
Organization Details
Founding Year
2017
Phone
(858) 335-1817Principal Officer
Matthew Parks
Main Address
10531 4S COMMONS DRIVE 812, SAN DIEGO, CA, 92127
NTEE Category
Code: L22 - Housing
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