Overview
What is Progressive Home For The Elderly Inc?
Progressive Home for the Elderly Inc is a nonprofit organization that focuses on providing affordable housing for the elderly and handicapped individuals. Situated on a non-profit basis, their mission is to cater to the physical, social, and psychological needs of this specific demographic. They offer well-designed rental homes that cater to these unique requirements, ensuring a comfortable living environment. This organization plays a crucial role in supporting the elderly and handicapped community by providing them with much-needed housing and related facilities.
Is Progressive Home For The Elderly Inc legitimate?
Progressive Home For The Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Progressive Home For The Elderly 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: $75,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,790
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What is the mission statement of Progressive Home For The Elderly Inc?
Progressive Home for the Elderly Inc. is dedicated to providing low-income housing and related facilities and services on a non-profit basis. Their mission is to cater to the unique needs of elderly and handicapped individuals, encompassing their physical, social, and psychological requirements. The organization strives to offer rental housing specifically tailored to address these specific needs, aiming to improve the quality of life for its residents.
What is the revenue of Progressive Home For The Elderly Inc?
Progressive Home For The Elderly Inc's revenue in 2024 was $2,080,853.
Who are the executives of Progressive Home For The Elderly Inc and what are their salaries?
The average compensation at Progressive Home For The Elderly Inc during 2024 was $26,184.
Here are 3 key members and their salaries:
- 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 Progressive Home For The Elderly Inc?
Progressive Home For The Elderly Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Progressive Home For The Elderly Inc
Progressive Home for the Elderly is a non-profit organization dedicated to providing low-income housing and related facilities and services. Their mission is to cater to the unique needs of elderly and handicapped individuals, both physically and psychologically. By offering rental housing specifically designed to accommodate their specific requirements, Progressive Home for the Elderly aims to improve the quality of life and well-being of its residents. This non-profit organization is committed to addressing the social and psychological needs of its elderly and handicapped residents, ensuring they live in a supportive and nurturing environment.
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Impact
October, 2024
Progressive Home For The Elderly Inc. has a significant impact on the lives of low-income elderly and handicapped individuals in Los Angeles, California. By providing affordable rental housing tailored to meet their unique physical, social, and psychological needs, the organization creates a supportive environment where residents can thrive.
The facilities and services offered are designed to enhance the quality of life for these vulnerable populations, ensuring they have access to safe and comfortable living conditions. By addressing not just the need for housing but also the holistic well-being of its residents, Progressive Home For The Elderly fosters a sense of community and belonging, reducing isolation and promoting social interaction among its residents.
In addition to offering shelter, the organization plays a crucial role in alleviating the stress and financial burden often faced by low-income elderly individuals. This allows residents to focus on their health and well-being, contributing to a healthier, more engaged lifestyle. Overall, the impact of Progressive Home For The Elderly extends beyond housing; it enriches lives and supports the dignity of its residents.
This information is meant to be a general summary of Progressive Home For The Elderly 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $47,518
- Program Service Revenue: $2,033,335
- Gross Receipts: $2,080,853
Assets and Liabilities:
- Total Assets: $1,802,301
- Total Liabilities: $113,184
- Net Assets: $1,689,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$2,033,335
Organization Details
Founding Year
1978
Principal Officer
Tandy Coggs
NTEE Category
Code: L22 - Housing
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