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Senior Citizens Village Inc

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

EIN: 941524033 ✦ Fresno, CA ✦ Designated as a 501(c)(3)

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Overview

What is Senior Citizens Village Inc?

Senior Citizens Village Inc, situated in Fresno, California, is a nonprofit organization with a mission to provide housing and support for low-income elderly and disabled individuals. With a total of 552 apartments, it accommodates over 600 residents, offering them a safe and comfortable living environment. The organization goes beyond just housing, providing essential community facilities and services to meet the physical, social, and psychological needs of its tenants. These services aim to contribute to their health, security, happiness, and overall well-being. Additionally, Senior Citizens Village Inc assists its elderly residents in obtaining assistance from various governmental agencies. The organization also offers recreational facilities for all its tenants. With a dedicated workforce of 26 employees, Senior Citizens Village Inc is committed to enhancing the lives of its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)

Senior Citizens Village Inc has achieved an overall score of 86%, reflecting a strong commitment to accountability and finance. This rating is based entirely on its Accountability & Finance score, indicating that the organization places a high priority on transparency and responsible financial practices. The organization has a fully independent board, which is a positive indicator of governance and oversight.

The nonprofit excels in several key areas, such as maintaining a low liabilities to assets ratio at 9.01% and a high program expense ratio of 89.75%. These metrics suggest that a significant portion of its resources is directed towards its mission and programs, which is crucial for donor confidence. The charity has also implemented stringent measures for document retention and has an active audit and oversight committee, reinforcing its commitment to ethical operations.

While the rating is strong, it's important for potential donors to consider the context of the score and the overall impact of the organization's programs. The three-star rating suggests room for improvement, and interested parties may want to research specific programs and community outcomes to gain a complete understanding of the charity's effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Senior Citizens Village Inc legitimate?

Senior Citizens Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Village 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: $121,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,079

For more financial information, click here

What is the mission statement of Senior Citizens Village Inc?

Senior Citizens Village Inc's mission is centered around providing housing facilities for individuals who are low-income, elderly, and handicapped. The organization aims to develop and maintain these facilities to meet the physical, social, and psychological needs of its residents. The goal is to contribute to their health security, happiness, and overall well-being, enabling them to live longer, happier lives. Senior Citizens Village Inc operates a 552-unit apartment complex that provides rental housing and community facilities and services specifically designed to cater to the needs of its tenants.

Who is the CEO of Senior Citizens Village Inc?

Michael Doner is the Executive Dir. of Senior Citizens Village Inc.

What is the revenue of Senior Citizens Village Inc?

Senior Citizens Village Inc's revenue in 2022 was $3,938,173.

Who are the executives of Senior Citizens Village Inc and what are their salaries?

The average compensation at Senior Citizens Village Inc during 2022 was $28,259. There are 26 employees and 2 volunteers at Senior Citizens Village Inc.


Here are 4 key members and their salaries:


Guillermo Moreno (Executive Dir.)
  • Compensation: $121,650
  • Related: $0
  • Other: $0
Lee S Smith (President)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Michael Doner (Vice President)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Gilbert Kuang (Treasurer)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Senior Citizens Village Inc?

Senior Citizens Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Senior Citizens Village Inc

Senior Citizens Village, a nonprofit organization, is dedicated to serving the low-income elderly and handicapped individuals. Its primary mission is to develop and maintain housing facilities that cater to their unique needs. By establishing a 552-unit apartment complex, Senior Citizens Village provides a safe and supportive living environment for these individuals. The complex offers rental housing and community facilities and services designed to enhance their physical, social, and psychological well-being. The goal is to contribute to their health security, happiness, and overall quality of life, enabling them to live longer and more fulfilling lives.

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Impact




July, 2024

Senior Citizens Village Inc, through its housing facilities for the low-income elderly and handicapped in Fresno, California, has had a significant impact on the community. By providing housing for over 600 residents in 552 apartments, the organization has played a vital role in meeting the needs of this vulnerable population. Additionally, by assisting elderly citizens in obtaining support from various governmental agencies and offering recreational facilities for all tenants, Senior Citizens Village Inc has contributed to the health, security, and happiness of its residents. This organization's work not only provides housing but also promotes the well-being and quality of life of the elderly and handicapped individuals it serves.




This information is meant to be a general summary of Senior Citizens Village 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.

Revenue
$3,938,173 (2022)
Expenses
$3,305,035 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $64,563
  • Program Service Revenue: $3,103,063
  • Gross Receipts: $3,938,173

Assets and Liabilities:

  • Total Assets: $8,487,393
  • Total Liabilities: $632,212
  • Net Assets: $7,855,181

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Programs

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

RENTAL INCOME - APARTMENT

Revenue

$3,092,473

RENTAL INCOME - OTHER

Revenue

$10,590

Organization Details

Founding Year

1955

Principal Officer

Michael Doner

Main Address

1917 S Chestnut Ave Building 16, Fresno, CA, 93702

NTEE Category

Code: L210 - Housing

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