Overview
What is The Salvation Army Mesa Residences?
The Salvation Army Mesa Residences Inc. is a nonprofit organization located in Rancho Palos Verdes, California. Specifically, it operates as a subsidized apartment complex, providing affordable housing solutions for low-income elderly or handicapped individuals. This community-focused initiative offers a supportive environment, ensuring that these individuals can live with dignity and security. With a dedicated workforce of five employees, The Salvation Army Mesa Residences Inc. plays a vital role in addressing housing disparities in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Salvation Army Mesa Residences has received a 79% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The rating is based entirely on the organization's accountability measures, suggesting a strong emphasis on transparency and responsible financial management.
Significantly, the organization scores highly in key areas such as board independence and financial audits, achieving full marks in categories like independent board members and conflict of interest policies. The program expense ratio is also exemplary, showing that all funds are directed toward its mission-related activities.
However, the organization does face challenges, particularly reflected in its liabilities to assets ratio, which stands at 112.95%. This indicates that the organization may have more liabilities than assets, a potential concern for financial stability. Overall, while the Salvation Army Mesa Residences shows strengths in governance and financial practices, attention may be needed in managing its liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is The Salvation Army Mesa Residences legitimate?
The Salvation Army Mesa Residences is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Mesa Residences 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.
What is the mission statement of The Salvation Army Mesa Residences?
The Salvation Army Mesa Residences is a non-profit organization that serves by providing subsidized housing for low-income elderly or handicapped individuals. Their primary mission is to offer a secure living environment for those in need, ensuring they have access to affordable housing. This non-profit aims to enhance the quality of life for its residents, providing them with a supportive community where they can thrive. Additionally, The Salvation Army Mesa Residences may offer various resources and services to help its residents maintain their independence and well-being.
Who is the CEO of The Salvation Army Mesa Residences?
Douglas Riley is the President of The Salvation Army Mesa Residences.
What is the revenue of The Salvation Army Mesa Residences?
The Salvation Army Mesa Residences's revenue in 2021 was $1,046,419.
Who are the executives of The Salvation Army Mesa Residences and what are their salaries?
Where can I find the form 990 for The Salvation Army Mesa Residences?
The Salvation Army Mesa Residences's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Salvation Army Mesa Residences
The Salvation Army Mesa Residences is a non-profit organization that dedicates its resources to providing subsidized housing solutions for low-income elderly or handicapped individuals. By operating as a residential complex, this charitable entity offers a safe and supportive living environment for those who may face challenges accessing adequate housing due to their financial circumstances or physical capabilities. The mission of The Salvation Army Mesa Residences is to ensure that these individuals have access to a comfortable and secure living space, thereby improving their overall quality of life.
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Impact
July, 2024
The Salvation Army Mesa Residences in Rancho Palos Verdes, CA, has a significant impact on the community by providing subsidized housing to low-income elderly or handicapped individuals. By offering affordable housing options, this organization helps ensure that vulnerable members of society have a safe and stable place to live. This support not only addresses a basic need for shelter but also contributes to the overall well-being and quality of life for those who may be struggling financially. Through its mission of providing subsidized housing, The Salvation Army Mesa Residences plays a vital role in enhancing the lives of individuals in need within the community.
This information is meant to be a general summary of The Salvation Army Mesa Residences. 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 2021.
- Investment Income: $58
- Program Service Revenue: $306,025
- Gross Receipts: $1,046,419
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$306,025
Organization Details
Founding Year
1987
Principal Officer
Douglas Riley
Main Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: L20 - Housing
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