Overview
What is Silver State Housing?
Silver State Housing is a nonprofit organization situated in Las Vegas, Nevada. With a single employee, they dedicate their efforts to serving the community, primarily focusing on low-to-moderate income individuals, the elderly, and disabled persons. Their services extend beyond simple assistance, as they also provide counseling to help these groups navigate various challenges. During the year ended December 31, 2022, they successfully catered to 509 residents living in three distinct apartment complexes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating.
Silver State Housing has achieved a score of 73% on Charity Navigator, indicating a moderate level of accountability and financial performance. The organization demonstrates strong governance practices, with 100% of board members being independent, which enhances oversight and reduces potential conflicts of interest. Additionally, the charity has effectively documented its board meeting minutes and maintains no material diversion of assets, showcasing a commitment to transparency.
The financial health of Silver State Housing appears solid, with a liabilities to assets ratio of 20.43%, suggesting that the organization manages its obligations well. Furthermore, an impressive program expense ratio of 91.16% indicates that a significant majority of its expenses are directed towards its programs, which is a positive sign for donors looking to ensure their contributions are used effectively.
However, while the organization has strengths in its governance and financial ratios, the overall Two-Star rating suggests there may be areas for improvement in its overall performance and impact. Potential donors and stakeholders may want to consider these aspects when evaluating Silver State Housing’s effectiveness and alignment with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Silver State Housing legitimate?
Silver State Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver State Housing 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: $71,302
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Silver State Housing?
Silver State Housing is an organization dedicated to providing community services and counseling to individuals who fall under the categories of low and moderate-income persons, elderly persons, and disabled persons. Its primary mission is to support these groups, offering them the necessary assistance they need to navigate their daily lives. The organization's activities focus on delivering essential services and guidance, aiming to improve their overall well-being and quality of life. In the year ending December 31, 2022, Silver State Housing provided community services to 509 residents residing in three low-to-moderate income apartment complexes.
Who is the CEO of Silver State Housing?
Lori Meuhlhausen is the Executive Director of Silver State Housing.
What is the revenue of Silver State Housing?
Silver State Housing's revenue in 2022 was $140,938.
Who are the executives of Silver State Housing and what are their salaries?
The average compensation at Silver State Housing during 2022 was $71,302. There is 1 employee at Silver State Housing.
Here are 7 key members and their salaries:
- Compensation: $71,302
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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 Silver State Housing?
Silver State Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Silver State Housing
Silver State Housing, as a nonprofit organization, is dedicated to providing community services and counseling to individuals who fall under the categories of low and moderate-income persons, elderly people, and disabled persons. Its mission is centered around enhancing the quality of life for these groups by offering tailored services and guidance. The organization's activities are geared towards addressing the unique needs and challenges faced by these populations, aiming to improve their overall well-being. In the year ending December 31, 2022, Silver State Housing served 509 residents in three low-to-moderate income apartment complexes, demonstrating its commitment to making a tangible impact in the lives of those it serves.
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Impact
October, 2024
Silver State Housing delivers essential community services and counseling tailored for low and moderate-income individuals, elderly residents, and those with disabilities in Las Vegas, Nevada. In 2022, the organization made a significant impact by providing support to 509 residents across three low-to-moderate income apartment complexes. This outreach fosters a sense of community and provides vital resources that enhance the quality of life for some of the city's most vulnerable populations, ensuring they have access to the support needed for stability and well-being. By addressing the unique challenges faced by these groups, Silver State Housing plays a crucial role in creating a more inclusive and supportive community.
This information is meant to be a general summary of Silver State Housing. 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: $6,485
- Program Service Revenue: $124,517
- Gross Receipts: $140,938
Assets and Liabilities:
- Total Assets: $2,099,221
- Total Liabilities: $428,969
- Net Assets: $1,670,252
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$124,517
Organization Details
Phone
(702) 364-8027Principal Officer
Lori Meuhlhausen
Main Address
2655 SOUTH RAINBOW BLVD Suite 401, LAS VEGAS, NV, 89146
NTEE Category
Code: X20 - Religion related
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