Overview
What is Golden Opportunity Living Development?
Golden Opportunity Living Development, operating under the name Life Manor Independent Living, is a nonprofit organization based in Tacoma, Washington. With a focus on senior housing, they offer affordable rental units for individuals aged 55 or older. Residents enjoy living independently in a secure and friendly environment, benefiting from community resources and opportunities for interaction. The organization provides a variety of amenities, including laundry facilities and social activities, fostering a relaxed and inviting lifestyle that encourages new friendships. Life Manor Independent Living's mission is to offer independent living rental housing and related facilities, promoting freedom and flexibility for their residents.
Official website here: www.lifemanor.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Golden Opportunity Living Development, operating as Life Manor, has received a Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial management. The rating is based entirely on the organization’s Accountability & Finance score, which reflects how well the nonprofit is managed and how effectively it utilizes its funds.
The organization demonstrates a high level of transparency and governance, with 71% of its board members being independent and following strong practices for financial oversight. Notably, it has a program expense ratio of 84.68%, suggesting that a significant portion of its budget is allocated directly to its programs rather than administrative costs. Additional strengths include a solid audit and oversight program and a clear conflict of interest policy.
However, the organization does have some areas for improvement, particularly in its governance policies, as it is missing a whistleblower policy. This absence may raise concerns about internal accountability. Overall, while Life Manor excels in many aspects of fiscal responsibility, enhancing its governance framework would strengthen its operations further.
This AI summary has been generated from information found on Charity Navigator.
Is Golden Opportunity Living Development legitimate?
Golden Opportunity Living Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Opportunity Living Development 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: $75,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $405,511
For more financial information, click here
Official website here: www.lifemanor.com
What is the mission statement of Golden Opportunity Living Development?
Golden Opportunity Living Development, operating under the name Life Manor, is committed to providing independent living rental housing and related facilities for individuals who are 55 years of age or older. Their mission is to offer a safe, secure, and friendly environment where seniors can live fully and independently. This relaxed lifestyle encourages interaction within the community, allowing residents the opportunity to make new friends and engage in various social activities. Amenities such as laundry facilities and parking are provided to enhance the overall living experience, promoting personal freedom and flexibility for the residents.
Official website here: www.lifemanor.com
Who is the CEO of Golden Opportunity Living Development?
Caroline Robinson is the Executive Director of Golden Opportunity Living Development.
Official website here: www.lifemanor.com
What is the revenue of Golden Opportunity Living Development?
Golden Opportunity Living Development's revenue in 2022 was $2,023,070.
Official website here: www.lifemanor.com
Who are the executives of Golden Opportunity Living Development and what are their salaries?
The average compensation at Golden Opportunity Living Development during 2022 was $22,887. There are 21 employees at Golden Opportunity Living Development.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $83,183
- Other: $141,148
- 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: $69,046
- Related: $0
- Other: $6,078
- Compensation: $0
- Related: $161,863
- Other: $46,649
Official website here: www.lifemanor.com
Where can I find the form 990 for Golden Opportunity Living Development?
Golden Opportunity Living Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifemanor.com
Learn more at the official website: www.lifemanor.com
Mission Statement of Golden Opportunity Living Development
Golden Opportunity Living Development, operating under the name Life Manor, is dedicated to providing independent living rental housing and related facilities for individuals who have reached the age of 55. Their mission is to create a welcoming and secure environment for these seniors, allowing them to live fully and independently. The organization offers 215 rental units, each designed to accommodate the needs of its residents. Life Manor encourages an active lifestyle and community involvement, providing a variety of amenities such as social activities, laundry facilities, and parking. Residents are encouraged to take advantage of these resources, fostering a sense of community and enabling them to make new friends. The relaxed and inviting atmosphere of Life Manor supports its residents' personal freedom and flexibility, making it an ideal choice for seniors seeking a friendly and interactive environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Golden Opportunity Living Development Dba Life Manor's impact lies in providing independent living rental housing and related facilities to individuals aged 55 and over. By offering affordable rental housing in a safe, secure, and friendly environment, they support seniors in living fully and independently. With a total of 215 rental units, residents have access to various amenities and community resources that promote an active lifestyle, personal freedom, and flexibility. This organization fosters an interactive community where residents can get involved, make new friends, and enjoy social activities. Through their mission to provide independent living options for seniors, Golden Opportunity Living Development Dba Life Manor plays a crucial role in enhancing the quality of life for older individuals in Tacoma, WA.
This information is meant to be a general summary of Golden Opportunity Living Development. 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.
- Program Service Revenue: $1,922,238
- Gross Receipts: $2,023,070
Assets and Liabilities:
- Total Assets: $5,206,553
- Total Liabilities: $116,741
- Net Assets: $5,089,812
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$1,874,433
TELEPHONE/CATV REVENUE
Revenue
$25,738
GUEST MEALS
Revenue
$22,067
Organization Details
Founding Year
1970
Phone
(253) 383-3363Principal Officer
Caroline Robinson
Main Address
1601 SOUTH UNION AVENUE, TACOMA, WA, 98405
Website
www.lifemanor.comNTEE Category
Code: L21Z - Housing
If you are a representative of Golden Opportunity Living Development and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.