Overview
What is Senior Housing Assistance Group?
The Senior Housing Assistance Group (SHAG) is a nonprofit organization based in Bellevue, Washington, with a mission to develop and operate affordable housing projects for low-income elderly and disabled individuals and households. With a total of 5,000 dwelling units across 30 qualified housing projects, SHAG plays a crucial role in providing shelter for those in need. Furthermore, they oversee the operation of 28 federally qualified low-income housing projects, representing approximately 5,500 residents. Their ultimate goal is to foster affordable housing options for seniors and individuals with disabilities, while also networking with other non-profits to ensure necessary supports and services for maintaining independence and housing stability.
Official website here: www.shag.org
What are the reviews and ratings of this charity?
The Senior Housing Assistance Group is not currently rated by Charity Navigator due to limitations in available data. Charity Navigator's ratings are based on specific criteria, including Accountability & Finance and Impact & Measurement, but the organization lacks sufficient tax form history for evaluation. This does not imply a negative or positive judgment but highlights a need for more data.
The nonprofit needs additional consecutive years of electronically-filed forms to be eligible for a comprehensive evaluation. Presently, available data focuses mainly on total revenue and expenses. Information on key personnel salaries and certain impact measures is currently unavailable, indicating areas where data collection could improve.
Since no user reviews are noted on GreatNonprofits, the community feedback element is currently absent. As the organization develops and submits more data, future assessments could provide a clearer picture of its operation and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Housing Assistance Group legitimate?
Senior Housing Assistance Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Housing Assistance Group 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: $486,602
For more financial information, click here
Official website here: www.shag.org
What is the mission statement of Senior Housing Assistance Group?
The Senior Housing Assistance Group is dedicated to fostering affordable housing for low- and moderate-income seniors and individuals with disabilities. By promoting collaboration with other non-profits, the organization aims to provide essential supports and services necessary for maintaining independence and housing stability. The Senior Housing Assistance Group is responsible for facilitating the development of 30 qualified housing projects for low-income elderly and disabled individuals, accommodating a total of 5,000 dwelling units. Additionally, the organization manages the operation of 28 federally qualified low-income housing projects, which provide homes for approximately 5,500 residents.
Official website here: www.shag.org
Who is the CEO of Senior Housing Assistance Group?
Torsten Hirche is the President & Ceo of Senior Housing Assistance Group. The CEO's salary of Senior Housing Assistance Group is $0 and their total compensation is $0.
Official website here: www.shag.org
What is the revenue of Senior Housing Assistance Group?
Senior Housing Assistance Group's revenue in 2022 was $37,172,442.
Official website here: www.shag.org
Who are the executives of Senior Housing Assistance Group and what are their salaries?
There 10 volunteers at Senior Housing Assistance Group.
Here are 14 key members and their salaries (Senior Housing Assistance Group's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.shag.org
Where can I find the form 990 for Senior Housing Assistance Group?
Senior Housing Assistance Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shag.org
Learn more at the official website: www.shag.org
Mission Statement of Senior Housing Assistance Group
The Senior Housing Assistance Group, with a mission to foster affordable housing, is dedicated to serving the needs of low-income seniors and individuals with disabilities. By promoting collaboration with other non-profits, the organization strives to provide the necessary supports and services that enable independence and housing stability.
In total, the Senior Housing Assistance Group is responsible
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Impact
October, 2024
Senior Housing Assistance Group plays a vital role in addressing the critical housing needs of low- and moderate-income seniors and individuals aged 55 and older with disabilities. By facilitating the development of 30 housing projects, the organization has created approximately 5,000 dwelling units specifically designed to accommodate those who are often overlooked in the housing market.
In addition to development, the organization operates 28 federally qualified low-income housing projects serving around 5,500 residents. This multifaceted approach not only provides essential housing but also fosters a community where seniors and disabled individuals can maintain their independence while living in stable, affordable environments.
The efforts of Senior Housing Assistance Group extend beyond bricks and mortar; they engage in networking with other nonprofits to promote necessary support services that further enhance housing stability. This holistic approach ensures that residents have access to the vital resources and assistance they need to thrive, reinforcing the organization's commitment to fostering affordable housing solutions and community support for vulnerable populations.
This information is meant to be a general summary of Senior Housing Assistance Group. 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: $376,853
- Program Service Revenue: $36,795,589
- Gross Receipts: $37,172,442
Assets and Liabilities:
- Total Assets: $13,973,610
- Total Liabilities: $2,000,181
- Net Assets: $11,973,429
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$36,550,013
MANAGEMENT FEES
Revenue
$182,918
INVESTMENT IN PARTNERSHIPS
Revenue
$62,658
Organization Details
Founding Year
1988
Phone
(206) 701-5428Principal Officer
Torsten Hirche
Main Address
1980 112TH AVENUE 210, BELLEVUE, WA, 98004
Website
www.shag.orgNTEE Category
Code: L22 - Housing
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