Overview
What is Sober Apartment Living Co?
Sober Apartment Living Co., or SAL, is a 501(c)(3) nonprofit organization situated in Denver, Colorado. Its mission is to support individuals who have completed addiction rehabilitation programs, aiding them in their journey towards lasting sobriety. SAL provides affordable, apartment-style sober living environments, complemented by a range of support resources. This setting enables residents to build strength, confidence, and conviction as they face daily challenges, while also preparing them for a lifelong commitment to sobriety. SAL offers on-site assistance and support, including job placement and career development, to minimize the risk of relapse. The organization's goal is to create a nurturing community where individuals not only survive but thrive in their recovery journey. With a dedicated team of 9 employees, SAL plays a vital role in the lives of those seeking to rebuild their lives free from addiction.
Official website here: www.soberapartmentliving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (51%)
Sober Apartment Living Co has received a One-Star rating from Charity Navigator, indicating significant concerns about its accountability and financial practices. The overall score is derived from a single beacon score, primarily focusing on accountability & finance, where it achieved a score of 51%. This rating reflects a need for improvement in transparency and governance.
One notable strength is the organization's commitment to program expenses, with an impressive program expense ratio of 90.58%, suggesting that the majority of its resources are being utilized for its mission-related activities. Additionally, the board of directors includes a majority of independent members, which is a positive aspect of its governance structure. However, the nonprofit falls short in several critical areas, including the absence of financial statements and missing policies like a whistleblower and document retention policy, which are essential for accountability.
The organization faces challenges regarding its financial health, illustrated by a high liabilities-to-assets ratio of 76.98%. This indicates potential financial instability, which could impact its ability to sustain operations in the long term. The lack of publicly available financial documents on its website further detracts from transparency and may raise concerns among potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sober Apartment Living Co legitimate?
Sober Apartment Living Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sober Apartment Living Co 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,414
For more financial information, click here
Official website here: www.soberapartmentliving.com
What is the mission statement of Sober Apartment Living Co?
Sober Apartment Living Co's mission is centered around providing a supportive environment for individuals in addiction recovery, aiming to facilitate a successful transition to an independent life of sobriety, contentment, and productivity. By offering sober living apartments complemented with various support resources, the organization aims to help residents gain strength, confidence, and conviction to overcome their daily challenges. Sober Apartment Living Co also provides onsite assistance and support to reduce the potential for relapse, offering aid in job placement and career development. The organization's ultimate goal is to create a nurturing community where individuals are not just surviving but thriving in their recovery journey.
Official website here: www.soberapartmentliving.com
Who is the CEO of Sober Apartment Living Co?
Craig Zoellner is the Vice Chairman/Secretary of Sober Apartment Living Co.
Official website here: www.soberapartmentliving.com
What is the revenue of Sober Apartment Living Co?
Sober Apartment Living Co's revenue in 2022 was $995,572.
Official website here: www.soberapartmentliving.com
Who are the executives of Sober Apartment Living Co and what are their salaries?
The average compensation at Sober Apartment Living Co during 2022 was $25,046. There are 9 employees and 8 volunteers at Sober Apartment Living Co.
Here are 3 key members and their salaries:
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.soberapartmentliving.com
Where can I find the form 990 for Sober Apartment Living Co?
Sober Apartment Living Co's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.soberapartmentliving.com
Learn more at the official website: www.soberapartmentliving.com
Mission Statement of Sober Apartment Living Co
Sober Apartment Living Co, a 501(c)(3) nonprofit organization, is committed to providing a supportive environment for individuals who have completed addiction recovery programs. The mission of Sober Apartment Living Co is to facilitate a successful transition from addiction recovery to an independent life of sobriety, contentment, and productivity. The organization achieves this by offering independent-living apartment complexes complemented with a range of support resources.
Sober Apartment Living Co's apartment-style, sober-living setting allows residents to gain strength, confidence, and conviction to overcome their daily challenges. The nonprofit understands that sustained sobriety is a journey and appreciates the trust placed in them by their residents, therapists, healthcare providers, and family members to support this worthy pursuit. Sober Apartment Living Co provides onsite assistance and support to help reduce the potential for relapse, including assistance with job placement and career development. The goal is to create an embracing community where individuals are not just surviving, but thriving in their sobriety.
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Impact
July, 2024
Sober Apartment Living Co's impact is significant in providing a supportive and structured environment for individuals who have completed a rehabilitation program. By offering independent-living apartment complexes complemented with support resources, they help residents transition to a sober living environment that mirrors the real world. This approach improves the residents' odds of achieving lasting drug and alcohol recovery by providing strength, confidence, and conviction to overcome daily challenges. Additionally, by offering onsite assistance and support such as job placement and career development, Sober Apartment Living Co helps individuals in recovery reduce the potential for relapse and prepares them for lifelong sobriety. Through their mission of creating an embracing community where individuals can thrive in sobriety, Sober Apartment Living Co is making a tangible difference in helping individuals successfully transition from addiction recovery to independent and productive lives.
This information is meant to be a general summary of Sober Apartment Living Co. 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: $924,698
- Gross Receipts: $995,572
Assets and Liabilities:
- Total Assets: $8,638,934
- Total Liabilities: $6,572,217
- Net Assets: $2,066,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$907,611
APPLICATION FEES
Revenue
$10,647
OTHER PROGRAM REVENUE
Revenue
$6,440
Organization Details
Founding Year
2018
Phone
(720) 432-5621Principal Officer
Craig Zoellner
Main Address
265 Monroe Street, Denver, CO, 80206
Website
www.soberapartmentliving.comNTEE Category
Code: I40 - Crime
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