Overview
What is Silver Sage Manor Inc?
Silver Sage Manor Inc is a nonprofit organization situated in Reno, Nevada, specifically at 3870 NEIL ROAD SUITE A. Their primary mission is to cater to the needs of seniors by developing high-quality, affordable housing facilities. They are dedicated to this cause, providing low-income housing services, particularly for the elderly population. This nonprofit is committed to enhancing the lives of seniors in the community.
Official website here: www.silversagemanor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Silver Sage Manor Inc has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score of 88% based entirely on its Accountability & Finance metrics. The organization demonstrates strong financial integrity, with key indicators such as a high percentage of program expenses (73.23%) and a favorable liabilities-to-assets ratio (1.55%). The charity also benefits from having an entirely independent board, which contributes positively to its governance.
The strengths of Silver Sage Manor include its comprehensive oversight measures, such as an audit and oversight committee, and a well-documented conflict of interest policy. The absence of material diversion of assets further underscores its reliability. Additionally, the organization successfully publishes its financial documents online, enhancing transparency for donors and stakeholders alike.
However, there are notable limitations, specifically regarding the lack of a whistleblower policy and missing document retention and destruction protocols, which may raise concerns about internal controls. Overall, while Silver Sage Manor Inc showcases many commendable practices, addressing these gaps could strengthen its governance framework even further.
This AI summary has been generated from information found on Charity Navigator.
Is Silver Sage Manor Inc legitimate?
Silver Sage Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Sage Manor 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: $110,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,319
For more financial information, click here
Official website here: www.silversagemanor.org
What is the mission statement of Silver Sage Manor Inc?
Silver Sage Manor Inc is committed to serving the needs of seniors by developing high-quality, affordable housing options. This mission is carried out by providing low-income housing facilities and associated services, with a particular focus on the elderly population. The organization's goal is to ensure that senior citizens have access to suitable living arrangements within their financial means. By doing so, Silver Sage Manor Inc contributes to improving the quality of life for older adults, providing them with a secure and comfortable living environment.
Official website here: www.silversagemanor.org
What is the revenue of Silver Sage Manor Inc?
Silver Sage Manor Inc's revenue in 2023 was $524,520.
Official website here: www.silversagemanor.org
Who are the executives of Silver Sage Manor Inc and what are their salaries?
The average compensation at Silver Sage Manor Inc during 2023 was $51,336. There are 4 employees at Silver Sage Manor Inc.
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- Compensation: $110,027
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Official website here: www.silversagemanor.org
Where can I find the form 990 for Silver Sage Manor Inc?
Silver Sage Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.silversagemanor.org
Learn more at the official website: www.silversagemanor.org
Mission Statement of Silver Sage Manor Inc
Silver Sage Manor Inc is committed to serving the needs of seniors by developing high-quality, affordable housing. Their mission is centered around providing low-income housing facilities and services, with a particular focus on the elderly population. This nonprofit organization strives to create living spaces that cater to the needs of seniors, ensuring they can maintain a dignified and comfortable lifestyle. By developing affordable housing, Silver Sage Manor Inc aims to make a significant impact on the lives of senior citizens, providing them with a secure and supportive environment.
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Impact
July, 2024
Silver Sage Manor Inc impacts the community by serving the needs of seniors through the development of high-quality affordable housing. By providing low-income housing facilities and services, especially for the elderly in Reno, NV, Silver Sage Manor Inc contributes to enhancing the quality of life and well-being of seniors in need. Their mission to develop affordable housing options for seniors positively influences the availability of suitable and supportive living environments for this vulnerable population.
This information is meant to be a general summary of Silver Sage Manor 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: $58,947
- Program Service Revenue: $399,740
- Gross Receipts: $1,199,165
Assets and Liabilities:
- Total Assets: $5,373,097
- Total Liabilities: $83,464
- Net Assets: $5,289,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPERS FEES
Revenue
$262,500
RENTAL INCOME
Revenue
$63,449
MANAGEMENT AGREEMENT F
Revenue
$56,282
LOSSES MONITORING FEES
Revenue
$16,866
GROSS INCOME FROM PART
Revenue
$643
Organization Details
Founding Year
1991
Principal Officer
Kenneth W Narducy
Website
www.silversagemanor.orgNTEE Category
Code: Z99Z - Unknown
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