Overview
What is Seniors Rising Homes Inc?
Seniors Rising Homes Inc is a nonprofit organization situated in Phoenix, Arizona, with a primary focus on providing affordable housing to low-income elderly residents and individuals with disabilities. They manage a 150-unit multifamily housing community, catering to residents aged 62 and above, with a significant portion being senior citizens. In 2021, they employed a part-time service coordinator to assist residents in accessing various social services and agency referrals. During the COVID-19 pandemic, the organization adapted its services to address the unique challenges faced by its residents, offering information on vaccines and testing, advocacy, assessments, case management, homemaker services, healthcare services, legal assistance, and transportation. Though social activities and community events were limited due to restrictions, they gradually resumed towards the end of the year. The mission of Seniors Rising Homes Inc is to offer housing facilities and services to elderly and handicapped individuals, ensuring they maintain a comfortable and supportive living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating, 64% score
Seniors Rising Homes Inc has received a two-star rating from Charity Navigator, indicating a need for improvement, particularly in its governance practices. The organization scored 64% overall, with particular weaknesses noted in board independence and size. The absence of independent board members may raise concerns about effective oversight and accountability.
On the positive side, the nonprofit shows strong performance in certain areas, such as its financial statements, audit and oversight committee, and the presence of key policies like conflict of interest and whistleblower protections. These elements reflect a commitment to transparency and ethical governance.
However, the organization has room for growth, particularly in areas such as website transparency and the liabilities to assets ratio, which scored a low 0 out of 15 points. Addressing these issues could enhance their accountability and strengthen trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Seniors Rising Homes Inc legitimate?
Seniors Rising Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seniors Rising Homes 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: $158,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $451,497
For more financial information, click here
What is the mission statement of Seniors Rising Homes Inc?
Seniors Rising Homes Inc is dedicated to providing housing facilities and services for elderly and handicapped individuals. Their mission involves operating affordable housing units through a HUD Section 8 multifamily community, catering to low-income residents aged 62 and above, as well as individuals with disabilities. In 2021, a part-time service coordinator was appointed to assist residents in obtaining various social services and agency referrals. During the COVID-19 pandemic, the organization's focus shifted to providing information on COVID vaccines and testing, advocacy, assessments, case management, homemaker services, healthcare services, legal assistance, and transportation. Once COVID restrictions eased towards the end of the year, community activities such as exercise classes and bingo resumed.
Who is the CEO of Seniors Rising Homes Inc?
Eric Luster is the President/Chairperson of Seniors Rising Homes Inc.
What is the revenue of Seniors Rising Homes Inc?
Seniors Rising Homes Inc's revenue in 2022 was $1,518,058.
Who are the executives of Seniors Rising Homes Inc and what are their salaries?
The average compensation at Seniors Rising Homes Inc during 2022 was $121,915. There are 5 employees at Seniors Rising Homes Inc.
Here are 5 key members and their salaries:
- Compensation: $158,080
- Related: $0
- Other: $0
- Compensation: $107,768
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Seniors Rising Homes Inc?
Seniors Rising Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seniors Rising Homes Inc
Seniors Rising Homes Inc, as a nonprofit organization, is dedicated to providing housing facilities and services to elderly and handicapped individuals. Its primary mission is to cater to the housing needs of low-income senior citizens and individuals with disabilities. To accomplish this, the organization operates a 150-unit multifamily housing community, funded by the HUD Section 8 program. This community serves a diverse group of residents, with 1% under the age of 62, 79% between 62 and 81, 17% between 82 and 93, and 3% aged 94 and above.
In response to the challenges posed by the COVID-19 pandemic, Seniors Rising Homes Inc hired a part-time service coordinator to assist residents in obtaining various social services and agency referrals. The coordinator's efforts focused on providing crucial information related to COVID-19 vaccines and testing, advocacy, assessments, case management, homemaker services, healthcare services, legal assistance, and transportation. As COVID restrictions began to lift towards the end of the year, the community resumed social activities, such as exercise classes and bingo sessions, to help alleviate social isolation and quarantine experienced by its residents.
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Impact
July, 2024
Seniors Rising Homes Inc has a profound impact on the community by providing essential housing facilities and services to low-income elderly individuals and those with disabilities. Through the operation of a 150-unit, HUD Section 8 multifamily housing community, the organization serves a significant number of residents, including those in the vulnerable age groups of 62 and above. In response to the challenges posed by the COVID-19 pandemic, Seniors Rising Homes Inc adapted its services to address the specific needs of residents, offering support in accessing social services, healthcare resources, and advocacy.
Furthermore, the organization's hiring of a service coordinator in 2021 demonstrates its commitment to enhancing the well-being of residents through personalized care and assistance. While facing restrictions due to the pandemic, Seniors Rising Homes Inc continued to prioritize the health and safety of its residents while gradually reintroducing social activities and community events as conditions allowed. By focusing on services such as COVID-19 information, healthcare support, legal assistance, and transportation aid, the organization has positively impacted the lives of its residents by providing much-needed support and a sense of community during challenging times.
This information is meant to be a general summary of Seniors Rising Homes 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 2022.
- Investment Income: $376
- Program Service Revenue: $1,517,682
- Gross Receipts: $1,518,058
Assets and Liabilities:
- Total Assets: $14,532,424
- Total Liabilities: $13,926,079
- Net Assets: $606,345
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL INCOME
Revenue
$1,493,983
MISCELLANEOUS
Revenue
$13,149
LAUNDRY AND VENDING
Revenue
$10,318
DAMAGES/CLEANING FEES
Revenue
$207
NSF/LATE CHARGES
Revenue
$25
Organization Details
Founding Year
1977
Phone
(623) 931-7002Principal Officer
Eric Luster
Main Address
3838 NORTH CENTRAL AVENUE 1700, PHOENIX, AZ, 85012
NTEE Category
Code: L22 - Housing
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