Overview
What is Union Labor Retirement Association?
Union Labor Retirement Association, operating as Marshall Union Manor, is a nonprofit organization situated in Portland, Oregon. Their primary mission is to provide affordable housing for elderly individuals and other low-income residents, benefiting around 242 people. This housing initiative is a crucial part of their service, ensuring that eligible residents have access to safe and affordable living spaces. The organization's commitment to this cause is evident in their dedication to this mission and activity.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
The Union Labor Retirement Association has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong level of accountability and financial health. This score is derived solely from its accountability and finance metrics, achieving an impressive overall score of 90%. A key highlight is the organization’s complete independence in its board membership, with all members being independent, which enhances governance practices.
The financial health of the Union Labor Retirement Association is reinforced by its outstanding performance across various metrics. It has a perfect score for program expense ratio, meaning that all of its expenses are directed towards its programs. Additionally, the organization demonstrates a sound liabilities to assets ratio of 45.50%, showcasing its financial stability and prudent management of resources.
No significant limitations were noted in the data, indicating that the Union Labor Retirement Association maintains a comprehensive set of policies and practices that support transparency and ethical governance. Overall, the organization appears to be well-managed, with strong oversight and a commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Union Labor Retirement Association legitimate?
Union Labor Retirement Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Labor 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: $486,283
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What is the mission statement of Union Labor Retirement Association?
The Union Labor Retirement Association's mission, as outlined, is centered around providing affordable housing solutions for elderly individuals and those with low incomes. This organization is committed to this goal, which has positively impacted approximately 242 individuals to date. The Association's activities focus on accommodating the housing needs of this specific demographic, contributing to their overall well-being and quality of life.
Who is the CEO of Union Labor Retirement Association?
Dean E Kirkland is the President of Union Labor Retirement Association.
What is the revenue of Union Labor Retirement Association?
Union Labor Retirement Association's revenue in 2022 was $2,527,173.
Who are the executives of Union Labor Retirement Association and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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Where can I find the form 990 for Union Labor Retirement Association?
Union Labor Retirement Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Union Labor Retirement Association
The Union Labor Retirement Association, a nonprofit organization, is dedicated to providing affordable housing for elderly individuals and other low-income residents. With a mission to make a significant impact, this organization has successfully offered housing solutions to approximately 242 individuals, thereby enhancing their living conditions. By focusing on this essential need, the Union Labor Retirement Association plays a vital role in ensuring that vulnerable populations have access to decent and affordable housing, contributing to their overall well-being and quality of life.
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Impact
July, 2024
The Union Labor Retirement Association's impact is significant in providing affordable housing for elderly and other low-income residents in Portland, Oregon. This organization has directly benefited approximately 242 individuals by offering them a safe and affordable place to live. Their mission to provide affordable housing aligns with the pressing need for accessible living spaces for vulnerable populations in the city. By focusing on this crucial aspect of community development, the Union Labor Retirement Association contributes to improving the quality of life for those in need.
This information is meant to be a general summary of Union Labor 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 2022.
- Investment Income: $436,105
- Program Service Revenue: $2,091,068
- Gross Receipts: $2,527,173
Assets and Liabilities:
- Total Assets: $34,537,149
- Total Liabilities: $18,702,073
- Net Assets: $15,835,076
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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
$2,043,312
STORES AND COMMERCIAL RENT
Revenue
$35,162
LAUNDRY AND VENDING
Revenue
$12,519
OTHER REVENUE
Revenue
$75
Organization Details
Founding Year
1964
Phone
(503) 231-4922Principal Officer
Dean E Kirkland
Main Address
1625 SE LAFAYETTE STREET, PORTLAND, OR, 97202
NTEE Category
Code: L220 - Housing
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