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The Salvation Army Colorado Springs Residences Ii

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911945542 ✦ Rancho palos verdes, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Salvation Army Colorado Springs Residences Ii?

The Salvation Army Colorado Springs Residences II is a nonprofit organization situated in Rancho Palos Verdes, California. Their primary mission is to provide subsidized housing for low-income elderly or handicapped individuals. This nonprofit apartment complex offers a supportive living environment, aiming to enhance the quality of life for those in need. The organization has a dedicated workforce of six employees.

Is The Salvation Army Colorado Springs Residences Ii legitimate?

The Salvation Army Colorado Springs Residences Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Colorado Springs Residences Ii 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: $93,161

For more financial information, click here

What is the mission statement of The Salvation Army Colorado Springs Residences Ii?

The Salvation Army Colorado Springs Residences II is a non-profit organization that offers subsidized housing for low-income elderly or handicapped individuals. Their primary mission is to provide a comfortable living environment for these individuals, ensuring they have access to affordable housing. The organization's goal is to enhance the quality of life for its residents, promoting their overall well-being and independence. The Salvation Army Colorado Springs Residences II also aims to foster a sense of community within its apartments, offering support and resources to its residents when needed.

In summary, The Salvation Army Colorado Springs Residences II is dedicated to providing affordable and subsidized housing, promoting the well-being of its elderly and handicapped residents, and fostering a supportive community environment.

What is the revenue of The Salvation Army Colorado Springs Residences Ii?

The Salvation Army Colorado Springs Residences Ii's revenue in 2023 was $358,927.

Who are the executives of The Salvation Army Colorado Springs Residences Ii and what are their salaries?

The average compensation at The Salvation Army Colorado Springs Residences Ii during 2023 was $15,527. There are 6 employees at The Salvation Army Colorado Springs Residences Ii.

Here are 10 key members and their salaries:


Stephen Smith (Director)
  • Compensation: $0
  • Related: $198,647
  • Other: $29,417
Marcia Smith (Director)
  • Compensation: $0
  • Related: $198,647
  • Other: $29,417
Colleen Riley (Director)
  • Compensation: $0
  • Related: $189,931
  • Other: $32,694
Douglas Riley (President)
  • Compensation: $0
  • Related: $189,931
  • Other: $32,694
Kelly Pontsler (Treasurer)
  • Compensation: $0
  • Related: $48,779
  • Other: $46,038
Genevera Vincent (Director)
  • Compensation: $0
  • Related: $45,889
  • Other: $38,167
Eddie Vincent (Vp)
  • Compensation: $0
  • Related: $45,889
  • Other: $38,167
Philip Lum (Director)
  • Compensation: $0
  • Related: $43,440
  • Other: $29,288
Debbie Lum (Director)
  • Compensation: $0
  • Related: $41,447
  • Other: $29,288
Kenneth Hodder (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Salvation Army Colorado Springs Residences Ii?

The Salvation Army Colorado Springs Residences Ii's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Salvation Army Colorado Springs Residences Ii

The Salvation Army Colorado Springs Residences II is a non-profit organization that offers subsidized housing to low-income elderly or handicapped individuals. Their mission is to provide a welcoming and supportive living environment, ensuring that these vulnerable individuals have access to safe and affordable housing. The organization operates as a residential complex, offering a range of amenities and services to enhance the quality of life for its residents. By offering subsidized housing, The Salvation Army Colorado Springs Residences II aims to alleviate the housing burden for those who may otherwise struggle to afford decent living conditions. This initiative allows these individuals to focus on their well-being and independence, contributing to a more inclusive and compassionate society.

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Impact




October, 2024

The Salvation Army Colorado Springs Residences II plays a vital role in enhancing the quality of life for low-income elderly and handicapped individuals. By providing subsidized housing, it ensures that vulnerable populations have access to safe and affordable living spaces. This support not only alleviates financial burdens but also fosters a sense of community and belonging among residents. The presence of on-site resources and a supportive environment empowers individuals to maintain their independence and dignity, significantly improving their overall well-being. Through these efforts, the organization contributes to a more inclusive and equitable community, addressing critical housing needs for those who often face significant challenges in securing stable accommodation.




This information is meant to be a general summary of The Salvation Army Colorado Springs Residences Ii. 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.

Revenue
$358,927 (2023)
Expenses
$483,532 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15,578
  • Program Service Revenue: $176,196
  • Gross Receipts: $358,927

Assets and Liabilities:

  • Total Assets: $2,381,710
  • Total Liabilities: $512,932
  • Net Assets: $1,868,778

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$176,196

Organization Details

Founding Year

1999

Principal Officer

Douglas Riley

NTEE Category

Code: L21 - Housing

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