Overview
What is Antioch Rivertown Senior Housing Inc?
Antioch Rivertown Senior Housing Inc is a nonprofit organization committed to providing affordable housing for senior citizens. Situated in Antioch, California, the organization operates under Section 202 of the National Housing Act and the U.S. Department of Housing & Urban Development. With a 50-unit rental housing project, Antioch Rivertown Senior Housing subsidizes housing for elderly individuals with low income, ensuring they can maintain a dignified living standard. Their mission is to facilitate a comfortable and affordable living environment for senior citizens, offering them the security and comfort they deserve.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Star rating)
Antioch Rivertown Senior Housing Inc has received a Three-Star rating from Charity Navigator, indicating a medium level of organizational effectiveness. With an Accountability & Finance score of 79%, the nonprofit demonstrates a commitment to transparency and sound financial practices. The organization boasts a fully independent board, with 100% of board members meeting independence criteria, which reflects strong governance standards.
The nonprofit excels in several key areas, including a high program expense ratio of 88.94%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, Antioch Rivertown has implemented essential policies such as conflict of interest, whistleblower, and document retention policies, all of which are critical for maintaining ethical operations. Their solid liabilities to assets ratio of 0.30% further highlights the organization’s financial stability.
While the overall score is positive, the rating suggests there is room for improvement in certain aspects of accountability. Maintaining financial transparency and continuously enhancing their operational practices will be vital for strengthening trust among stakeholders and furthering their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Antioch Rivertown Senior Housing Inc legitimate?
Antioch Rivertown Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Antioch Rivertown 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Antioch Rivertown Senior Housing Inc?
Antioch Rivertown Senior Housing Inc is committed to providing affordable housing for senior citizens. They achieve this by subsidizing housing for elderly individuals with low income, under the provisions of Section 202 of the National Housing Act and the U.S. Department of Housing & Urban Development. The organization operates a 50-unit rental housing project, situated in an unspecified location, to cater to the housing needs of this specific demographic. Antioch Rivertown Senior Housing Inc's mission is to ensure that senior citizens have access to affordable housing, thereby improving their living conditions and overall quality of life.
Who is the CEO of Antioch Rivertown Senior Housing Inc?
Gerald Lang is the President of Antioch Rivertown Senior Housing Inc.
What is the revenue of Antioch Rivertown Senior Housing Inc?
Antioch Rivertown Senior Housing Inc's revenue in 2023 was $2,916,785.
Who are the executives of Antioch Rivertown Senior Housing Inc and what are their salaries?
There 4 volunteers at Antioch Rivertown Senior Housing Inc.
Here are 5 key members and their salaries:
- 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
Where can I find the form 990 for Antioch Rivertown Senior Housing Inc?
Antioch Rivertown Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Antioch Rivertown Senior Housing Inc
Antioch Rivertown Senior Housing Inc is committed to providing affordable housing for senior citizens. This nonprofit organization achieves this mission by subsidizing housing for elderly individuals with low income, in compliance with Section 202 of the National Housing Act and under the oversight of the U.S. Department of Housing & Urban Development. Antioch Rivertown Senior Housing Inc has a 50-unit rental housing project, situated in Antioch, CA, that serves as a vital resource for senior citizens in need of affordable housing options. This initiative enables elderly individuals to maintain a decent standard of living, fostering a sense of security and independence in their later years.
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
Antioch Rivertown Senior Housing Inc's impact is significant in providing affordable housing to senior citizens in the community of Antioch, California. By offering subsidized housing for elderly low-income seniors under Section 202 of the National Housing Act and the U.S. Department of Housing & Urban Development, this organization plays a crucial role in ensuring that senior citizens have access to safe and affordable housing options. Through their 50-unit rental housing project, Antioch Rivertown Senior Housing Inc directly addresses the housing needs of seniors, contributing to their overall well-being and quality of life.
This information is meant to be a general summary of Antioch Rivertown 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 2023.
- Investment Income: -$1,826,692
- Program Service Revenue: $4,743,477
- Gross Receipts: $4,743,629
Assets and Liabilities:
- Total Assets: $221,897
- Total Liabilities: $678
- Net Assets: $221,219
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.
Forgiveness of Debt
Revenue
$4,181,850
Laundry & Other
Revenue
$9,077
Subsidy Rent
Revenue
$452,860
Tenant Rent
Revenue
$99,690
Organization Details
Founding Year
1991
Phone
(510) 632-6712Principal Officer
Gerald Lang
Main Address
1855 Olympic Blvd 300, Walnut Creek, CA, 94546
NTEE Category
Code: L22Z - Housing
If you are a representative of Antioch Rivertown Senior Housing 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.