Overview
What is Corinthian House Residence Inc?
Corinthian House Residence Inc, situated in Campbell, California, is a nonprofit organization dedicated to providing high-quality senior housing. Their primary objective is to offer suitable rental accommodations for the elderly community, ensuring a comfortable living environment. As a retirement home or senior housing program, they strive to uphold the highest standards of senior care.
Official website here: www.corinthianhouse.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Corinthian House Residence Inc has received an 81% score from Charity Navigator, reflecting a solid Three-Star rating. This score is derived entirely from the Accountability & Finance category, which indicates a strong commitment to financial responsibility and transparency. The organization excels in multiple areas, including having a fully independent board and no material diversion of assets, which contributes to its overall positive assessment.
Strengths of Corinthian House include a high program expense ratio of nearly 96%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. The organization also has robust governance practices, as evidenced by its policies on conflicts of interest and whistleblower protections being clearly established and documented. Additionally, the board meeting minutes are maintained, reinforcing the organization's dedication to accountability.
However, while the score is commendable, it is essential to note that the rating is based solely on financial metrics. Potential donors may want to explore other aspects such as the organization's overall impact and effectiveness in achieving its mission, which are not captured in the current evaluation. Overall, Corinthian House demonstrates strong fiscal management and organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Corinthian House Residence Inc legitimate?
Corinthian House Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corinthian House Residence 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: $109,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $329,803
For more financial information, click here
Official website here: www.corinthianhouse.com
What is the mission statement of Corinthian House Residence Inc?
Corinthian House Residence Inc is dedicated to providing high-quality elderly rental housing. Their mission is centered around providing a living environment that caters specifically to the elderly, ensuring they receive suitable housing facilities. This organization strives to maintain a standard of excellence in their senior housing program, prioritizing the needs and comfort of their residents.
Official website here: www.corinthianhouse.com
Who is the CEO of Corinthian House Residence Inc?
Martin Vesely is the Executive Director of Corinthian House Residence Inc.
Official website here: www.corinthianhouse.com
What is the revenue of Corinthian House Residence Inc?
Corinthian House Residence Inc's revenue in 2023 was $1,872,809.
Official website here: www.corinthianhouse.com
Who are the executives of Corinthian House Residence Inc and what are their salaries?
The average compensation at Corinthian House Residence Inc during 2023 was $29,289. There are 15 employees at Corinthian House Residence Inc.
Here are 7 key members and their salaries:
- Compensation: $106,883
- 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
Official website here: www.corinthianhouse.com
Where can I find the form 990 for Corinthian House Residence Inc?
Corinthian House Residence Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.corinthianhouse.com
Learn more at the official website: www.corinthianhouse.com
Mission Statement of Corinthian House Residence Inc
Corinthian House Residence, a renowned retirement home or senior housing program, is committed to providing top-notch elderly rental housing. Its mission is centered around ensuring the quality of living for its elderly residents, aiming to create an environment that caters to their needs effectively. The organization strives to uphold this mission by offering comfortable and well-maintained housing facilities, thereby enhancing the overall living experience for its senior residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Corinthian House Residence Inc's impact lies in providing quality elderly rental housing in Campbell, CA. Their mission is centered around offering a safe and comfortable living environment for seniors in the community. Through their services, they address the human need for appropriate housing options for elderly individuals, ensuring they can age with dignity and receive the care and support they require. This impact positively contributes to the well-being and quality of life of the elderly population in Campbell, CA.
This information is meant to be a general summary of Corinthian House Residence 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 2023.
- Investment Income: $713
- Program Service Revenue: $1,162,062
- Gross Receipts: $1,872,809
Assets and Liabilities:
- Total Assets: $2,468,957
- Total Liabilities: $156,401
- Net Assets: $2,312,556
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEAL SERVICE
Revenue
$96,998
RENTS
Revenue
$1,028,883
RESIDENT SERVICES
Revenue
$36,181
Organization Details
Founding Year
1981
Phone
(408) 374-4522Principal Officer
Martin Vesely
Main Address
250 BUDD AVENUE, CAMPBELL, CA, 95008
Website
www.corinthianhouse.comNTEE Category
Code: P75Z - Human services
If you are a representative of Corinthian House Residence Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.