Overview
What is Antioch Hillcrest Terrace Inc?
Antioch Hillcrest Terrace Inc is a nonprofit organization that specializes in providing affordable housing for senior citizens. Situated under Section 202 of the National Housing Act, this organization manages a 65-unit apartment complex, which is subject to regulation by the HUD. The primary mission of Antioch Hillcrest Terrace Inc is to offer a comfortable living space for elderly individuals, ensuring they have access to suitable and budget-friendly accommodations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
Antioch Hillcrest Terrace Inc has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. Although the organization boasts a fully independent board, it has failed to provide essential financial statements and has multiple missing policies, which raises questions about transparency and governance.
On a positive note, the nonprofit has a commendable program expense ratio of 93.89%, suggesting that the majority of its resources are directed towards its programs rather than administrative costs. Additionally, there is no reported material diversion of assets, indicating a commitment to integrity in financial handling.
However, the absence of critical documents such as a conflict of interest policy and the lack of posted financial information on its website are notable limitations. These deficiencies could hinder potential donors' trust and impact the organization's credibility within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Antioch Hillcrest Terrace Inc legitimate?
Antioch Hillcrest Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Antioch Hillcrest Terrace 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Antioch Hillcrest Terrace Inc?
Antioch Hillcrest Terrace Inc, as an organization, is dedicated to providing affordable housing for senior citizens. They accomplish this through the management of a 65-unit apartment complex, which falls under Section 202 of the National Housing Act and is overseen by the HUD. This initiative aims to make housing accessible and affordable for this specific demographic, thereby contributing to their well-being.
Who is the CEO of Antioch Hillcrest Terrace Inc?
Gerald Lang is the Principal Officer of Antioch Hillcrest Terrace Inc.
What is the revenue of Antioch Hillcrest Terrace Inc?
Antioch Hillcrest Terrace Inc's revenue in 2023 was $627,456.
Who are the executives of Antioch Hillcrest Terrace Inc and what are their salaries?
There 4 volunteers at Antioch Hillcrest Terrace Inc.
Here are 5 key members and their salaries:
- 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 Antioch Hillcrest Terrace Inc?
Antioch Hillcrest Terrace Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Antioch Hillcrest Terrace Inc
Antioch Hillcrest Terrace Inc, as a nonprofit organization, is dedicated to providing affordable housing for senior citizens. This mission is accomplished through the maintenance of a 65-unit apartment complex. Regulated by the HUD under Section 202 of the National Housing Act, Antioch Hillcrest Terrace Inc offers senior citizens a living space that caters to their needs and budgets. This commitment to affordable housing allows senior citizens to maintain their independence and dignity, providing them with a safe and secure living environment. The organization's mission is essential in addressing the housing needs of the elderly, ensuring that they can age comfortably and with the necessary support.
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
Antioch Hillcrest Terrace Inc provides essential affordable housing to senior citizens in Walnut Creek, California. Their 65-unit apartment complex offers a secure and comfortable living environment for seniors, ensuring they have access to safe and affordable housing. This initiative directly addresses the need for affordable housing for senior citizens and contributes to improving their quality of life. By offering housing under Section 202 of the National Housing Act and being regulated by HUD, Antioch Hillcrest Terrace Inc plays a crucial role in supporting the well-being of seniors in the community.
This information is meant to be a general summary of Antioch Hillcrest Terrace 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: $1,517
- Program Service Revenue: $625,939
- Gross Receipts: $627,456
Assets and Liabilities:
- Total Assets: $3,171,875
- Total Liabilities: $7,791,172
- Net Assets: -$4,619,297
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.
Laundry & Other
Revenue
$3,066
Other Revenue
Revenue
$54,494
Subsidy Rent
Revenue
$292,556
Tenant Rent
Revenue
$275,823
Organization Details
Founding Year
1996
Phone
(510) 632-6712Principal Officer
Gerald Lang
Main Address
1855 Olympic Blvd 300, Walnut Creek, CA, 94546
NTEE Category
Code: L81 - Housing
If you are a representative of Antioch Hillcrest Terrace Inc 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.