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Delno Terrace Inc

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

EIN: 942831244 ✦ Fresno, CA ✦ Designated as a 501(c)(3)

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Overview

What is Delno Terrace Inc?

Delno Terrace Inc, located in Fresno, California, is a nonprofit organization devoted to providing affordable housing for low-income and handicapped elderly individuals. The organization's primary focus is on managing and maintaining such housing facilities, with a significant portion of its expenditures allocated towards general and management expenses. With a team of 31 dedicated employees, Delno Terrace Inc strives to ensure a comfortable living environment for its residents, contributing positively to the community.

Is Delno Terrace Inc legitimate?

Delno Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delno Terrace 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,322

For more financial information, click here

What is the mission statement of Delno Terrace Inc?

Delno Terrace Inc is dedicated to providing affordable housing for the elderly and individuals with disabilities. Their mission, as stated in their description, is centered around this principle, with a focus on offering a living space for individuals with limited income and handicaps. The organization ensures that a significant portion of its expenses is allocated towards the general and management expenses of maintaining this housing.

Who is the CEO of Delno Terrace Inc?

Patrick Gorman is the President of Delno Terrace Inc.

What is the revenue of Delno Terrace Inc?

Delno Terrace Inc's revenue in 2023 was $703,333.

Who are the executives of Delno Terrace Inc and what are their salaries?

The average compensation at Delno Terrace Inc during 2023 was $10,430. There are 31 employees and 5 volunteers at Delno Terrace Inc.


Here are 11 key members and their salaries:


Patrick Gorman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Fennacy (Secretary-Tres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Cellini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Cisneros (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Werner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Reyna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Carrasco (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeri Weil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Schilling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Candelaria (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Delno Terrace Inc?

Delno Terrace Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Delno Terrace Inc

Delno Terrace Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and handicapped individuals who are in need. Their mission is centered around offering low-income housing, ensuring that these vulnerable individuals have a secure and comfortable living environment. The organization allocates its resources towards both general and management expenses, ensuring that the accommodation is well-maintained and suitable for its residents. Delno Terrace Inc's commitment to low-income housing for the elderly and handicapped individuals is a testament to their dedication to enhancing the quality of life for these individuals and providing them with a sense of security and independence.

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Impact




October, 2024

Delno Terrace Inc has made a significant impact by providing low-income housing specifically designed for elderly and handicapped individuals. Located in Fresno, California, this organization addresses a critical need in the community by ensuring that vulnerable populations have access to safe and affordable living accommodations. By focusing on housing, Delno Terrace Inc helps improve the quality of life for its residents, enabling them to live with dignity and security. The organization allocates its total expenses towards general and management activities, reinforcing its commitment to effective and efficient operations that prioritize the needs of its residents. Through its mission, Delno Terrace Inc plays an essential role in fostering an inclusive community where all individuals can thrive.




This information is meant to be a general summary of Delno Terrace 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
$703,333 (2023)
Expenses
$766,435 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $100
  • Program Service Revenue: $698,945
  • Gross Receipts: $703,333

Assets and Liabilities:

  • Total Assets: $946,984
  • Total Liabilities: $50,744
  • Net Assets: $896,240

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Programs

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

TENANT RENTS

Revenue

$698,945

Organization Details

Founding Year

1982

Principal Officer

Patrick Gorman

Main Address

530 W FLORADORA, FRESNO, CA, 93728

NTEE Category

Code: L22Z - Housing

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