Overview
What is Lawndale Senior Housing Inc?
Lawndale Senior Housing Inc, established in 1987, is a Michigan-based nonprofit organization with roots in California. It was formed in partnership with Cooperative Services Inc, a Michigan nonprofit cooperative, with the primary objective of offering housing facilities for low-income senior citizens. The organization acquired property in Lawndale, California, and constructed an apartment project comprising 56 units. This initiative was funded in part by the US Department of Housing and Urban Development, aligning with their mission to provide affordable housing for senior citizens.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Lawndale Senior Housing Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The charity's score is primarily derived from its accountability and finance metrics, which is a crucial aspect for donors assessing the organization's transparency and operational integrity.
The organization excels in having a fully independent board, with 100% of its board members meeting this criterion. It also demonstrates robust financial oversight, evidenced by perfect scores in areas such as audit and oversight committee effectiveness and the absence of material diversion of assets. The program expense ratio is commendable at 78.28%, highlighting that a significant portion of its expenses goes directly to program services.
However, while the organization performs well in accountability, detailed programmatic outcomes or impact measures are not highlighted, which could provide additional insights into its effectiveness in serving the senior community. Overall, Lawndale Senior Housing Inc appears to be a responsible and well-managed nonprofit, making it a potential option for donors interested in supporting senior housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Lawndale Senior Housing Inc legitimate?
Lawndale Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawndale Senior Housing 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:
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For more financial information, click here
Official website here: www.csi.coop
What is the mission statement of Lawndale Senior Housing Inc?
Lawndale Senior Housing Inc., as a non-profit organization, is dedicated to providing housing facilities for low-income senior citizens. Its mission involves acquiring and developing real estate to construct and operate apartment projects, with a focus on providing affordable housing for senior individuals who fall under the income criteria. This housing initiative is conducted in cooperation with the U.S. Department of Housing and Urban Development.
Official website here: www.csi.coop
What is the revenue of Lawndale Senior Housing Inc?
Lawndale Senior Housing Inc's revenue in 2024 was $961,555.
Official website here: www.csi.coop
Who are the executives of Lawndale Senior Housing Inc and what are their salaries?
There 10 volunteers at Lawndale Senior Housing Inc.
Here are 23 key members and their salaries:
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- Other: $63,515
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- Related: $178,523
- Other: $50,953
Official website here: www.csi.coop
Where can I find the form 990 for Lawndale Senior Housing Inc?
Lawndale Senior Housing Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.csi.coop
Learn more at the official website: www.csi.coop
Mission Statement of Lawndale Senior Housing Inc
Lawndale Senior Housing Inc, a California-based non-profit organization, is dedicated to providing housing facilities for low-income senior citizens. Established in 1987, this corporation's primary mission is to offer suitable living spaces to elderly individuals who are financially disadvantaged. Lawndale Senior Housing Inc collaborates with the U.S. Department of Housing and Urban Development to ensure the successful operation of their apartment project, which currently accommodates 56 units. This housing initiative aims to enhance the living standards of senior citizens, providing them with a secure and comfortable environment.
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Impact
July, 2024
Lawndale Senior Housing Inc has a significant impact on the community by providing housing facilities for low-income senior citizens. By offering affordable housing options, Lawndale Senior Housing Inc helps ensure that seniors have a safe and comfortable place to live. This not only meets a critical need within the community but also contributes to the well-being and quality of life of senior citizens who may otherwise struggle to find affordable housing options. Through its mission and initiatives, Lawndale Senior Housing Inc plays a vital role in addressing the housing needs of low-income seniors in the area.
This information is meant to be a general summary of Lawndale Senior Housing 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: $1,017
- Program Service Revenue: $251,571
- Gross Receipts: $961,555
Assets and Liabilities:
- Total Assets: $2,605,847
- Total Liabilities: $3,175,767
- Net Assets: -$569,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$251,571
Organization Details
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