Foundation For Senior Citizens Inc

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

EIN: 840530388 ✦ Grand junciton, CO ✦ Designated as a 501(c)(4)

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Overview

What is Foundation For Senior Citizens Inc?

The Foundation for Senior Citizens Inc, based in Grand Junction, Colorado, is a nonprofit housing entity primarily focusing on providing affordable living accommodations for low-income elderly individuals. Originally, it was a HUD project, but after repaying its loan, it now operates independently. Adhering to HUD guidelines, the foundation continues to cater exclusively to elderly residents. Their mission remains unchanged, ensuring senior citizens have access to suitable housing.

Is Foundation For Senior Citizens Inc legitimate?

Foundation For Senior Citizens Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Foundation For Senior Citizens 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,932

For more financial information, click here

What is the mission statement of Foundation For Senior Citizens Inc?

The Foundation For Senior Citizens Inc, originally initiated as a HUD project, has now become an independent entity. It continues to adhere to HUD guidelines, focusing on providing housing exclusively for eligible elderly individuals. The organization's primary mission is to serve this specific age group, ensuring they have access to suitable housing options. Despite operating independently, the Foundation for Senior Citizens Inc remains committed to maintaining the standards set by the HUD, thereby continuing its support for the elderly population.

Who is the CEO of Foundation For Senior Citizens Inc?

Matt Smith is the Director of Foundation For Senior Citizens Inc.

What is the revenue of Foundation For Senior Citizens Inc?

Foundation For Senior Citizens Inc's revenue in 2023 was $222,336.

Who are the executives of Foundation For Senior Citizens Inc and what are their salaries?

The average compensation at Foundation For Senior Citizens Inc during 2023 was $11,186. There are 5 employees at Foundation For Senior Citizens Inc.


Here are 5 key members and their salaries:


Gordon Barker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ballagh (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Knowles (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation For Senior Citizens Inc?

Foundation For Senior Citizens Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Foundation For Senior Citizens Inc

The Foundation for Senior Citizens Inc, initially a HUD project, has transitioned into an independent entity. Despite this shift, it continues to adhere to HUD guidelines, maintaining its focus on providing housing solutions. The organization is dedicated to serving the elderly population, ensuring that only eligible individuals reside within its premises. This commitment to the elderly community is a testament to its enduring mission.

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Impact




October, 2024

Foundation For Senior Citizens Inc significantly impacts the lives of low-income elderly individuals by providing affordable housing in Grand Junction, CO. Operating under HUD guidelines for eligibility, the organization ensures that its residents have access to safe and suitable living conditions tailored to their needs. By transitioning from a HUD project to an independent entity, Foundation for Senior Citizens continues to prioritize the well-being and stability of its elderly tenants.

The foundation not only offers housing but also fosters a sense of community among residents, enhancing their quality of life. This commitment to serving the elderly population enables individuals to maintain independence while living in a supportive environment, ultimately empowering them to live with dignity and security.




This information is meant to be a general summary of Foundation For Senior Citizens 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
$222,336 (2023)
Expenses
$241,089 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $171
  • Program Service Revenue: $207,422
  • Gross Receipts: $222,336

Assets and Liabilities:

  • Total Assets: $745,685
  • Total Liabilities: $121,480
  • Net Assets: $624,205

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Programs

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

RENTAL INCOME

Revenue

$208,997

VACANCIES

Revenue

-$1,575

Organization Details

Founding Year

1964

Principal Officer

Matt Smith

Main Address

999 BOOKCLIFF AVE, GRAND JUNCITON, CO, 81501

NTEE Category

Code: L22 - Housing

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