Overview
What is Shires Memorial Center?
Shires Memorial Center is a nonprofit organization situated in Walnut Creek, California. Its primary mission is to offer affordable housing for seniors aged 62 and above, catering to a total of 99 units within a single building. The center's primary purpose is to support low-income seniors by providing them with housing and related facilities and services specifically tailored to meet their physical, social, and psychological needs. During the year, they served 105 individuals, demonstrating their commitment to this cause. The organization has a team of four employees dedicated to achieving this mission.
Official website here: www.covia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Shires Memorial Center has received an impressive 96% score, reflecting its strong performance in accountability and finance. This score places the organization in a top tier, indicating effective management of resources and a commitment to transparency. The evaluation was solely based on the accountability and finance beacon, highlighting the nonprofit's adherence to best practices in financial oversight.
One of the key strengths of Shires Memorial Center is its fully independent board, which consists of 100% independent members, enhancing governance and decision-making processes. The organization's financial health is also notable, with a program expense ratio of nearly 94%, ensuring that a significant portion of its funding is directed towards its mission-related activities. Additionally, it has robust policies in place, including conflict of interest and whistleblower protections, which further underscore its commitment to ethical standards.
While the organization has demonstrated excellence in its financial practices, continued vigilance in maintaining these standards will be essential for sustained success. Overall, Shires Memorial Center appears to be a well-managed nonprofit, with strong governance and financial practices that support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Shires Memorial Center legitimate?
Shires Memorial Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shires Memorial Center 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: $230,567
For more financial information, click here
Official website here: www.covia.org
What is the mission statement of Shires Memorial Center?
The Shires Memorial Center is organized with a mission to provide affordable apartment housing for seniors aged 62 and above. This is done in a 99-unit single building. The primary purpose of the center is to cater to the physical, social, and psychological needs of low-income seniors, offering them suitable facilities and services. The center serves a total of individuals during a given year, providing them with a living space specifically tailored to meet their specific needs.
Official website here: www.covia.org
Who is the CEO of Shires Memorial Center?
Eduardo Salvador is the Chairman of Shires Memorial Center. The CEO's salary of Shires Memorial Center is $0 and their total compensation is $223,210.
Official website here: www.covia.org
What is the revenue of Shires Memorial Center?
Shires Memorial Center's revenue in 2022 was $1,930,077.
Official website here: www.covia.org
Who are the executives of Shires Memorial Center and what are their salaries?
The average compensation at Shires Memorial Center during 2022 was $57,642. There are 4 employees and 12 volunteers at Shires Memorial Center.
Here are 18 key members and their salaries (Shires Memorial Center's CEO's salary is $0 and their total compensation is $223,210):
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $490,744
- Other: $28,922
- Compensation: $0
- Related: $241,150
- Other: $49,252
- Compensation: $0
- Related: $216,226
- Other: $19,099
- Compensation: $0
- Related: $1,032,702
- Other: $10,267
- Compensation: $0
- Related: $543,764
- Other: $49,111
- Compensation: $0
- Related: $500,719
- Other: $15,679
- Compensation: $0
- Related: $373,068
- Other: $33,370
- Compensation: $0
- Related: $471,771
- Other: $11,719
- Compensation: $0
- Related: $442,942
- Other: $10,980
- Compensation: $0
- Related: $478,264
- Other: $56,639
- Compensation: $0
- Related: $217,139
- Other: $6,071
Official website here: www.covia.org
Where can I find the form 990 for Shires Memorial Center?
Shires Memorial Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covia.org
Learn more at the official website: www.covia.org
Mission Statement of Shires Memorial Center
Shires Memorial Center, a nonprofit organization, is dedicated to providing affordable housing and specialized facilities and services for seniors aged 62 and above. With a primary focus on low-income individuals, this center operates a 99-unit single building, serving as a home and a supportive community for its elderly residents. The mission of Shires Memorial Center is to cater to the unique physical, social, and psychological needs of its seniors, ensuring they live in a safe and nurturing environment. During the year, the center served a total of 105 individuals, demonstrating its commitment to making a positive impact in the lives of its senior residents.
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Impact
July, 2024
Shires Memorial Center has a significant impact on the community by providing essential apartment housing for seniors aged 62 and over. With a 99-unit single building dedicated to serving low-income seniors, the organization offers affordable rental housing and related facilities tailored to meet their physical, social, and psychological needs. Throughout the year, Shires Memorial Center successfully served a total of 105 individuals, ensuring that vulnerable seniors have a secure and supportive living environment in Walnut Creek, CA.
This information is meant to be a general summary of Shires Memorial Center. 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: $184
- Program Service Revenue: $1,362,075
- Gross Receipts: $1,930,077
Assets and Liabilities:
- Total Assets: $15,040,774
- Total Liabilities: $292,112
- Net Assets: $14,748,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$915,106
HUD ASSISTANCE INCOME
Revenue
$446,969
Organization Details
Founding Year
1960
Phone
(408) 297-7476Principal Officer
Eduardo Salvador
Main Address
2185 N CALIFORNIA BLVD 215, WALNUT CREEK, CA, 94596
Website
www.covia.orgNTEE Category
Code: L22Z - Housing
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