Overview
What is Sacred Heart Of Jesus Housing Foundation?
The Sacred Heart of Jesus Housing Foundation is a nonprofit organization situated in Denver, Colorado. Its primary mission is to offer affordable housing to senior citizens and retirees aged 62 and above, charging rates significantly lower than those prevalent in the community. In 2019, the foundation served sixteen individuals, with a majority of residents actively participating in social and spiritual activities, ranging from one to two per month to three to five times a week. Three residents also benefited from housing subsidies, helping to stabilize their financial situations. The foundation's residents are actively engaged with the community, interacting at least twice a week.
Is Sacred Heart Of Jesus Housing Foundation legitimate?
Sacred Heart Of Jesus Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart Of Jesus 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:
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What is the mission statement of Sacred Heart Of Jesus Housing Foundation?
The Sacred Heart of Jesus Housing Foundation aims to offer housing solutions for senior, elderly, or retired individuals over the age of 62. This housing is provided at rates that are lower than the prevailing market rates in the community. The foundation operates a senior housing facility, serving a total of sixteen residents in 2019. Residents engage in various social and spiritual activities each month, with many participating multiple times a week. The foundation also provides housing subsidies to three low-income residents, helping to stabilize their financial situations. The majority of the residents interact with the community at least two times a week.
Who is the CEO of Sacred Heart Of Jesus Housing Foundation?
Rev Frank Maroney is the President/Board Member of Sacred Heart Of Jesus Housing Foundation.
What is the revenue of Sacred Heart Of Jesus Housing Foundation?
Sacred Heart Of Jesus Housing Foundation's revenue in 2020 was $140,109.
Who are the executives of Sacred Heart Of Jesus Housing Foundation and what are their salaries?
There 7 volunteers at Sacred Heart Of Jesus Housing Foundation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Sacred Heart Of Jesus Housing Foundation?
Sacred Heart Of Jesus Housing Foundation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Sacred Heart Of Jesus Housing Foundation
The Sacred Heart of Jesus Housing Foundation is committed to providing housing solutions for senior, elderly, or retired individuals aged 62 and above. This nonprofit organization aims to offer housing options that are priced below the prevailing market rates in the community. By doing so, it serves as a vital resource for those who may be financially challenged.
In practical terms, the Sacred Heart of Jesus Housing Foundation operates a 14-unit senior housing facility. This facility offers affordable housing options for individuals who meet the age requirement, providing them with a stable living environment at rates significantly lower than the prevailing community rates. The foundation serves a diverse group of residents, with 16 individuals benefiting from its services in 2019.
The foundation's commitment to its residents extends beyond providing affordable housing. Residents are encouraged to participate in various social and spiritual activities each month, with many participating in three to five activities per week. The foundation also recognizes the importance of community engagement, with 75% of its residents interfacing with the community at least two times a week.
In addition to these social initiatives, the Sacred Heart of Jesus Housing Foundation offers housing subsidies to low-income residents. These subsidies have been instrumental in stabilizing the financial status of three residents. Overall, the foundation's mission is to provide affordable housing and support services to senior, elderly, and retired individuals, enhancing their quality of life and promoting their overall well-being.
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Impact
October, 2024
Sacred Heart Of Jesus Housing Foundation significantly improves the lives of seniors, elderly, and retired individuals over the age of 62 by offering affordable housing solutions in Denver, CO. Operating a 14-unit facility, the foundation provides low-cost housing at rates substantially below community standards, ensuring that financial constraints do not prevent seniors from securing stable living conditions.
In 2019, the foundation served sixteen clients, fostering a vibrant community where 100% of residents engage in one to two social or spiritual activities each month. Notably, 65% of residents participate in three to five activities weekly, highlighting the foundation's commitment to promoting socialization and spiritual well-being among its residents. This active engagement not only combats loneliness but also strengthens community bonds.
The foundation further bolstered financial stability for low-income residents by providing housing subsidies, which allowed three individuals to stabilize their financial situations. Additionally, 75% of residents interact with the broader community at least twice weekly, ensuring they remain connected and integrated into the local neighborhood.
Overall, the Sacred Heart Of Jesus Housing Foundation plays a crucial role in enhancing the quality of life for its residents, promoting both affordable housing and a supportive community environment.
This information is meant to be a general summary of Sacred Heart Of Jesus 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 2020.
- Investment Income: $1,019
- Program Service Revenue: $139,090
- Gross Receipts: $140,109
Assets and Liabilities:
- Total Assets: $2,760,145
- Total Liabilities: $16,466
- Net Assets: $2,743,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNIT RENTAL
Revenue
$139,090
Organization Details
Founding Year
1999
Phone
(303) 715-3194Principal Officer
Rev Frank Maroney
Main Address
1300 S STEELE STREET, DENVER, CO, 802102599
NTEE Category
Code: X20 - Religion related
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