Overview
What is Union Retirement Association?
Union Retirement Association, identified as Kirkland Union Manor II, is a nonprofit organization situated in Portland, Oregon. Their primary mission is to provide affordable housing solutions for elderly and low-income individuals and families, benefitting approximately 78 individuals. This mission is translated into action through their activity or mission description, which entails offering affordable housing accommodations. The organization's headquarters can be found at 1625 SE Lafayette St.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating
The Union Retirement Association has received a score of 75% from Charity Navigator, reflecting a strong level of accountability and financial management. The organization boasts an impressive 100% independent board, which enhances its governance and operational integrity. Additionally, it has achieved top scores in areas such as financial statement audits and conflict of interest policies, indicating a commitment to transparency and ethical practices.
The program expense ratio is notably high at 100%, demonstrating that the entirety of its expenditures is directed towards its mission-related activities. This is a positive indicator for donors who seek to ensure their contributions are effectively utilized. However, the organization does face a challenge with a liabilities to assets ratio of 99.07%, suggesting a potential financial vulnerability that could impact its long-term sustainability.
Overall, while the Union Retirement Association shows strong governance and financial practices, the high liabilities to assets ratio may be a concern for stakeholders. Continued focus on financial stability and management will be crucial for maintaining donor trust and ensuring ongoing operations.
This AI summary has been generated from information found on Charity Navigator.
Is Union Retirement Association legitimate?
Union Retirement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Retirement Association 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: $134,746
For more financial information, click here
What is the mission statement of Union Retirement Association?
The Union Retirement Association is dedicated to providing affordable housing for elderly individuals and other low-income residents. This mission serves approximately 78 individuals and families, offering them a secure living situation. By prioritizing affordable housing, the association aims to contribute positively to their residents' lives, ensuring they can live with dignity and comfort. The organization's efforts contribute to a more inclusive and equitable community, ensuring that everyone has access to essential housing necessities, regardless of their income level.
Who is the CEO of Union Retirement Association?
Dean E Kirkland is the President of Union Retirement Association.
What is the revenue of Union Retirement Association?
Union Retirement Association's revenue in 2023 was $1,227,503.
Who are the executives of Union Retirement Association and what are their salaries?
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 Union Retirement Association?
Union Retirement Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Union Retirement Association
Union Retirement Association, a nonprofit organization, is committed to providing affordable housing for elderly individuals and other low-income families. Their mission is centered around ensuring that these groups have access to suitable housing solutions, thus benefiting approximately 78 individuals and families. By offering affordable housing, Union Retirement Association contributes significantly to the well-being of its residents, providing them with a stable living environment. The organization's work not only meets the fundamental need for housing but also helps in fostering a sense of community and security among its residents.
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Impact
July, 2024
Union Retirement Association's impact lies in providing affordable housing for elderly and low-income residents in Portland, Oregon. By offering housing options to approximately 78 individuals and families, the organization helps address the pressing issue of housing insecurity and improves the quality of life for those in need. Through its mission of providing affordable housing, Union Retirement Association plays a crucial role in supporting vulnerable populations and contributing to a more inclusive and equitable community.
This information is meant to be a general summary of Union Retirement Association. 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: $279
- Program Service Revenue: $1,227,224
- Gross Receipts: $1,227,503
Assets and Liabilities:
- Total Assets: $7,889,655
- Total Liabilities: $7,816,311
- Net Assets: $73,344
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS FOR LOW INCOME HOUSING
Revenue
$1,210,986
STORES AND COMMERCIAL RENT
Revenue
$13,714
LAUNDRY AND VENDING
Revenue
$2,424
OTHER REVENUE
Revenue
$100
Organization Details
Founding Year
1983
Phone
(503) 231-4922Principal Officer
Dean E Kirkland
Main Address
1625 SE LAFAYETTE ST, PORTLAND, OR, 97202
NTEE Category
Code: L22 - Housing
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