Overview
What is Chugiak Senior Citizens Foundation?
Chugiak Senior Citizens Foundation is a nonprofit organization located in Chugiak, Alaska. Its primary mission is to provide financial assistance for a senior housing facility, specifically catering to seniors with lower financial means. The foundation raises funds primarily from public donations, which are then invested and the income/dividends generated from market trading are utilized to aid the senior living facility. This support ensures that the elderly residents have access to essential resources and services.
Is Chugiak Senior Citizens Foundation legitimate?
Chugiak Senior Citizens Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chugiak Senior Citizens Foundation 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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What is the mission statement of Chugiak Senior Citizens Foundation?
The Chugiak Senior Citizens Foundation is committed to providing financial support for a senior living facility. This support is sourced from donations from the general public. The donations are then invested and the income or dividends generated from market trading are utilized to aid the senior living facility. The foundation's mission is to assist senior residents who may be financially disadvantaged.
What is the revenue of Chugiak Senior Citizens Foundation?
Chugiak Senior Citizens Foundation's revenue in 2022 was $353,276.
Who are the executives of Chugiak Senior Citizens Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Chugiak Senior Citizens Foundation?
Chugiak Senior Citizens Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chugiak Senior Citizens Foundation
The Chugiak Senior Citizens Foundation is dedicated to providing financial support for a senior living facility. This support is sourced from donations from the general public. These contributions are then invested, and the income or dividends generated from market trading are utilized to aid the senior living facility. The foundation's mission is to ensure that senior residents with lower financial circumstances can continue to reside in a comfortable and supported environment.
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Impact
October, 2024
Chugiak Senior Citizens Foundation plays a crucial role in enhancing the quality of life for seniors in Chugiak, Alaska. By providing financial support for the Chugiak Seniors' Housing Facility, it helps ensure that elderly residents, particularly those with limited financial means, have access to safe and supportive living environments.
Through community donations, the foundation invests in securities that generate income and dividends, which are then utilized to aid the senior living facility. This financial backing not only sustains the operational needs of the housing facility but also fosters a sense of community among seniors, allowing them to thrive in an environment that prioritizes their well-being and independence. The foundation’s commitment significantly impacts the lives of seniors, promoting dignity and support during their golden years.
This information is meant to be a general summary of Chugiak Senior Citizens Foundation. 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: $48,046
- Gross Receipts: $1,077,564
Assets and Liabilities:
- Total Assets: $1,999,337
- Total Liabilities: $0
- Net Assets: $1,999,337
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Organization Details
Founding Year
1980
Principal Officer
Paulette Shannon
NTEE Category
Code: P81 - Human services
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