Overview
What is Homer Senior Citizens Incorporated?
Homer Senior Citizens Incorporated is a nonprofit organization established in Homer, Alaska. Its primary focus lies in providing independent living options for seniors, with four different complexes offering 9, 24, 8, and 4 units respectively. These apartments are strategically located near the Homer Senior Center, offering easy access to community resources. The organization also manages The Terrace Assisted Living, a 40-unit complex catering to older adults needing assistance with daily activities. Beyond housing, Homer Senior Citizens Incorporated offers essential services to senior citizens, such as nutritional support, transportation, recreational activities, referral services, and adult day care. This comprehensive approach ensures that seniors in Homer can maintain their independence and quality of life.
Official website here: www.homerseniors.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Homer Senior Citizens Incorporated has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are notable areas for improvement. The majority of the board members are independent, and the organization has solid policies in place for conflict of interest, whistleblower protections, and document retention. Additionally, it displays a commendable program expense ratio of 89.88%, suggesting that a significant portion of expenses directly supports its mission.
Despite these positives, the organization faces challenges in accountability and financial transparency. The absence of financial statements and a tax form on its website has negatively impacted its score, contributing to a lower overall rating. The liabilities to assets ratio is concerning, sitting at 70.83%, which raises questions about the organization's financial stability and management.
Overall, while Homer Senior Citizens Incorporated shows commitment to its programs and governance, it needs to enhance its financial reporting practices to improve its accountability and transparency. Addressing these limitations could strengthen its standing in the nonprofit sector and foster greater trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Homer Senior Citizens Incorporated legitimate?
Homer Senior Citizens Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homer Senior Citizens Incorporated 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: $176,787
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,214,615
For more financial information, click here
Official website here: www.homerseniors.com
What is the mission statement of Homer Senior Citizens Incorporated?
Homer Senior Citizens Incorporated is dedicated to serving senior citizens by offering a range of supportive services. Their operations encompass providing congregate and home-delivered nutrition services, transportation, recreational activities, referral services, and adult day care services. The organization's mission is to enhance the quality of life for seniors by offering these services, aiming to maintain their independence and well-being. Additionally, Homer Senior Citizens Incorporated manages several independent living apartment complexes, providing maintenance and operation services for senior residents who require assistance with daily activities. The organization's goal is to ensure that senior citizens can live with dignity, independence, and comfort in their golden years.
Official website here: www.homerseniors.com
Who is the CEO of Homer Senior Citizens Incorporated?
Michael Jimerson is the Vice President of Homer Senior Citizens Incorporated.
Official website here: www.homerseniors.com
What is the revenue of Homer Senior Citizens Incorporated?
Homer Senior Citizens Incorporated's revenue in 2022 was $3,152,596.
Official website here: www.homerseniors.com
Who are the executives of Homer Senior Citizens Incorporated and what are their salaries?
The average compensation at Homer Senior Citizens Incorporated during 2022 was $21,082. There are 66 employees and 20 volunteers at Homer Senior Citizens Incorporated.
Here are 10 key members and their salaries:
- Compensation: $94,195
- Related: $0
- Other: $5,226
- Compensation: $66,393
- Related: $0
- Other: $1,976
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.homerseniors.com
Where can I find the form 990 for Homer Senior Citizens Incorporated?
Homer Senior Citizens Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homerseniors.com
Learn more at the official website: www.homerseniors.com
Mission Statement of Homer Senior Citizens Incorporated
Homer Senior Citizens Incorporated is dedicated to supporting senior citizens in various ways. Its primary operations include providing essential services such as congregate and home-delivered nutrition, transportation, recreational activities, referral services, and adult day care. The organization's mission is to enhance the quality of life for senior citizens by offering these services, aiming to ensure they live with dignity and independence.
The center's mission extends beyond providing these essential services. Homer Senior Citizens Incorporated also manages various independent living complexes, including Bartlett Terrace, KBSH Independent Living, Pioneer Vista, and Swatzell Terrace. These apartments cater to senior citizens who seek independent living, offering them a supportive community while maintaining their independence. Additionally, The Terrace Assisted Living provides care for senior citizens aged 55 and above who require assistance with two or more daily activities. Homer Senior Citizens Incorporated's commitment to senior citizens extends beyond basic support, aiming to ensure they can live comfortably and independently, with the necessary assistance when required.
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Impact
July, 2024
Homer Senior Citizens Incorporated has a significant impact on the senior citizens in the community by providing essential services such as congregate and home-delivered nutrition, transportation, recreational activities, referral services, and adult day care. In addition, the organization offers various housing options including independent living apartments and assisted living facilities to cater to the needs of seniors who require different levels of assistance with daily activities. Through these services, Homer Senior Citizens Incorporated plays a crucial role in enhancing the quality of life and well-being of senior residents in Homer, Alaska.
This information is meant to be a general summary of Homer Senior Citizens Incorporated. 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: $739
- Program Service Revenue: $2,277,160
- Gross Receipts: $3,155,833
Assets and Liabilities:
- Total Assets: $5,258,287
- Total Liabilities: $3,373,885
- Net Assets: $1,884,402
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$704,827
Independent living
Revenue
$639,003
Assisted Living Service
Revenue
$567,123
Adult Day Care
Revenue
$211,693
Senior Nutrition
Revenue
$98,143
Organization Details
Founding Year
1973
Phone
(907) 235-7655Principal Officer
Michael Jimerson
Main Address
3935 Svedlund Street, Homer, AK, 99603
Website
www.homerseniors.comNTEE Category
Code: P700 - Human services
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