Overview
What is Park Hill Residence Inc?
Park Hill Residence Inc is a nonprofit organization situated in Denver, Colorado, with an address at 1510 17th Street, 80202. Their primary mission is to offer affordable and quality housing and services in a caring environment for elderly adults. Specifically, they provide an assisted living facility for low to moderate income seniors and individuals with disabilities, ensuring they maintain their independence and choices in life. This supportive setting aims to promote a lifestyle that respects their autonomy and preferences.
Official website here: www.seniorhousingoptions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Park Hill Residence Inc has received an 81% rating from Charity Navigator, which translates into a Three-Star rating. This score reflects the organization’s strong commitment to accountability and finance, highlighted by an excellent performance in various measures, including a fully independent board of directors and robust financial oversight practices.
The nonprofit boasts commendable scores across multiple accountability metrics, such as full marks for board independence and the absence of material diversion of assets. Furthermore, the organization has implemented essential policies like conflict of interest and whistleblower protections, enhancing its transparency and governance standards.
However, while the financial oversight is notable, the rating is based solely on the Accountability & Finance category, meaning that there is no assessment of the organization’s impact or effectiveness in its programmatic work. This limitation suggests that while the financial health is sound, potential donors may want to explore program outcomes further before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Park Hill Residence Inc legitimate?
Park Hill Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Hill Residence 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: $692,234
For more financial information, click here
Official website here: www.seniorhousingoptions.org
What is the mission statement of Park Hill Residence Inc?
Park Hill Residence Inc's mission is centered around providing and promoting quality, affordable housing and services in a caring environment for older adults in Colorado. This organization specializes in assisted living facilities, catering to low to moderate income elderly persons. The residence is designed to maintain the independence and choices of its residents while offering a supportive setting. Park Hill Residence Inc aims to enhance the lives of its seniors and adults with disabilities, ensuring they can age with dignity and comfort.
Official website here: www.seniorhousingoptions.org
Who is the CEO of Park Hill Residence Inc?
Vennita Jenkins is the CEO of Park Hill Residence Inc The CEO's salary of Park Hill Residence Inc is $0 and their total compensation is $165,426.
Official website here: www.seniorhousingoptions.org
What is the revenue of Park Hill Residence Inc?
Park Hill Residence Inc's revenue in 2023 was $1,270,921.
Official website here: www.seniorhousingoptions.org
Who are the executives of Park Hill Residence Inc and what are their salaries?
Here are 18 key members and their salaries (Park Hill Residence Inc's CEO's salary is $0 and their total compensation is $165,426):
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- Related: $165,426
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- Related: $114,761
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Official website here: www.seniorhousingoptions.org
Where can I find the form 990 for Park Hill Residence Inc?
Park Hill Residence Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.seniorhousingoptions.org
Learn more at the official website: www.seniorhousingoptions.org
Mission Statement of Park Hill Residence Inc
Park Hill Residence Inc, a nonprofit organization, is committed to providing and promoting quality, affordable housing and services in a nurturing environment for older adults in Colorado. Their mission, in essence, is to ensure that elderly individuals with low to moderate income have access to a supportive living setting that maintains their independence and choices in life. This is achieved through their assisted living facility, Park Hill Assisted Living Residence, which is specifically designed for seniors and adults with disabilities. The residence provides an environment that caters to their needs, allowing them to maintain their autonomy while being surrounded by care and support.
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Impact
July, 2024
Park Hill Residence Inc's impact is vital in providing affordable housing and supportive services for low to moderate income elderly individuals in Denver, Colorado. By offering an assisted living facility specifically designed for seniors and adults with disabilities, Park Hill Residence enables these individuals to maintain their independence and make choices about their own lives. The organization's mission focuses on promoting quality housing and services in a caring environment for older adults in Colorado, showcasing their commitment to enhancing the well-being and quality of life for this vulnerable population. Through its human services, Park Hill Residence Inc plays a crucial role in addressing the housing needs of the elderly in the community and ensuring they have access to the care and support they require.
This information is meant to be a general summary of Park Hill Residence 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6
- Program Service Revenue: $1,270,915
- Gross Receipts: $1,270,921
Assets and Liabilities:
- Total Assets: $786,010
- Total Liabilities: $1,210,255
- Net Assets: -$424,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE
Revenue
$955,673
TENANT RENTS
Revenue
$314,040
MISCELLANEOUS
Revenue
$1,202
Organization Details
Founding Year
1996
Principal Officer
Vennita Jenkins
Website
www.seniorhousingoptions.orgNTEE Category
Code: P75 - Human services
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