Overview
What is Southeast Seattle Senior Foundation?
The Southeast Seattle Senior Foundation, operating under the business name Brighton Communities, is a nonprofit organization situated in Seattle, Washington. Their primary mission is to preserve and renovate affordable senior housing. They achieve this through their ownership of two buildings: The Brighton, a 125-unit apartment complex, and The Arches, a 24-unit building. With a workforce of 11 dedicated individuals, the foundation provides affordable housing solutions for the elderly community, contributing to their well-being and overall quality of life.
Official website here: www.brightondevelopmentgroup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Southeast Seattle Senior Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas needing improvement. While the organization excels in financial aspects such as program expense ratio and fundraising efficiency, it faces challenges with governance and transparency, highlighted by the absence of key policies like conflict of interest and document retention.
Strengths of the foundation include a fully independent board and high program expense ratios, suggesting effective use of resources for its programs. Additionally, the organization demonstrates a strong commitment to accountability with no loans to officers and proper documentation of board meeting minutes, contributing positively to its financial stability.
However, the foundation's overall score of 67% reflects concerns regarding its financial governance, particularly the high liabilities to assets ratio. The lack of crucial policies and procedures detracts from its operational integrity, indicating that the organization has room to grow in terms of transparency and adherence to best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Seattle Senior Foundation legitimate?
Southeast Seattle Senior Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Seattle Senior Foundation 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: $115,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $421,632
For more financial information, click here
Official website here: www.brightondevelopmentgroup.org
What is the mission statement of Southeast Seattle Senior Foundation?
The Southeast Seattle Senior Foundation's mission is focused on preserving and enhancing the living situations of senior citizens. This is achieved primarily through the rehabilitation of affordable senior housing. One of their key initiatives involves the ownership and maintenance of two buildings, The Brighton, a 125-unit apartment complex, and The Arches, a 24-unit building, providing affordable housing options for senior residents.
Official website here: www.brightondevelopmentgroup.org
Who is the CEO of Southeast Seattle Senior Foundation?
Curtis Brown is the Executive Di of Southeast Seattle Senior Foundation.
Official website here: www.brightondevelopmentgroup.org
What is the revenue of Southeast Seattle Senior Foundation?
Southeast Seattle Senior Foundation's revenue in 2022 was $4,449,193.
Official website here: www.brightondevelopmentgroup.org
Who are the executives of Southeast Seattle Senior Foundation and what are their salaries?
The average compensation at Southeast Seattle Senior Foundation during 2022 was $48,832. There are 11 employees and 10 volunteers at Southeast Seattle Senior Foundation.
Here are 11 key members and their salaries:
- Compensation: $118,394
- Related: $0
- Other: $20,486
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.brightondevelopmentgroup.org
Where can I find the form 990 for Southeast Seattle Senior Foundation?
Southeast Seattle Senior Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brightondevelopmentgroup.org
Learn more at the official website: www.brightondevelopmentgroup.org
Mission Statement of Southeast Seattle Senior Foundation
The Southeast Seattle Senior Foundation is dedicated to preserving and rehabilitating affordable senior housing. In pursuit of this mission, the organization has taken ownership of two residential buildings: The Brighton, a 125-unit apartment complex, and The Arches, a 24-unit building. By managing these properties, the foundation provides a vital service, ensuring that seniors have access to affordable housing options. This mission is crucial in addressing the housing needs of the elderly, ensuring they can live comfortably and independently in their later years.
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Impact
July, 2024
Southeast Seattle Senior Foundation's impact is evident in their commitment to preserving and rehabilitating affordable senior housing in Seattle, Washington. Through ownership of the Brighton, a 125-unit apartment building, and the Arches, a 24-unit building, they provide vital affordable housing options for seniors in the community. Their mission to ensure that seniors have access to secure and affordable housing is crucial in supporting the well-being and quality of life of older individuals in the area.
This information is meant to be a general summary of Southeast Seattle Senior Foundation. 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: $17,547
- Program Service Revenue: $1,879,595
- Gross Receipts: $4,613,238
Assets and Liabilities:
- Total Assets: $13,033,694
- Total Liabilities: $9,377,717
- Net Assets: $3,655,977
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$1,842,312
OTHER RENTAL RELATED REVENUE
Revenue
$37,283
Organization Details
Founding Year
1994
Phone
(206) 772-3922Principal Officer
Curtis Brown
Main Address
6727 RAINIER AVENUE SOUTH, SEATTLE, WA, 981183664
NTEE Category
Code: L210 - Housing
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