Overview
What is Presentation Senior Community?
Presentation Senior Community is a nonprofit organization, established in 1999, primarily focusing on providing affordable housing for senior citizens in San Francisco, California. Regulated by the Department of Housing and Urban Development (HUD), the community operates under Section 202 of the National Housing Act, ensuring reasonable rent charges and operating methods. The organization's mission involves managing a 93-unit apartment complex, offering suitable accommodations for elderly individuals who fall below specific income thresholds. The community aims to enhance the living conditions and provide a secure environment for its senior residents.
Official website here: www.mercyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Presentation Senior Community has received a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The organization scored 81% overall, based entirely on its accountability and finance metrics. This rating indicates that the nonprofit is transparent in its financial practices and is effectively managing its resources.
The organization excels in several key areas, scoring full points in audit and oversight, material diversion of assets, and various governance policies such as conflict of interest and whistleblower protections. Notably, its program expense ratio stands at an impressive 98.67%, suggesting that nearly all of its expenses are directed toward its programs, which is indicative of effective and mission-driven spending.
However, while the overall score is strong, it is entirely based on accountability and finance, which may not provide a complete picture of the organization’s overall impact or effectiveness in service delivery. Therefore, potential donors and stakeholders are encouraged to consider both financial health and programmatic outcomes when evaluating the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Presentation Senior Community legitimate?
Presentation Senior Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presentation Senior Community 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: $477,493
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Presentation Senior Community?
Presentation Senior Community's mission is centered around providing housing for elderly individuals who fall below certain income levels. Established as a non-profit organization, its primary activity involves owning and operating a 93-unit apartment property located in an unspecified area. This community-focused organization aims to contribute to the well-being of its elderly residents by offering them a secure living space, adhering to regulations set by the U.S. Department of Housing and Urban Development (HUD) regarding rent charges and operational methods.
Official website here: www.mercyhousing.org
Who is the CEO of Presentation Senior Community?
Doug Shoemaker is the President/Director of Presentation Senior Community.
Official website here: www.mercyhousing.org
What is the revenue of Presentation Senior Community?
Presentation Senior Community's revenue in 2022 was $1,448,529.
Official website here: www.mercyhousing.org
Who are the executives of Presentation Senior Community and what are their salaries?
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $151,225
- Other: $7,573
- Compensation: $0
- Related: $304,832
- Other: $28,064
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $157,372
- Other: $10,314
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $256,515
- Other: $45,801
- Compensation: $0
- Related: $169,136
- Other: $31,795
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $189,462
- Other: $7,937
- Compensation: $0
- Related: $198,100
- Other: $21,341
- Compensation: $0
- Related: $143,251
- Other: $38,467
- Compensation: $0
- Related: $164,838
- Other: $15,948
- Compensation: $0
- Related: $161,460
- Other: $35,386
Official website here: www.mercyhousing.org
Where can I find the form 990 for Presentation Senior Community?
Presentation Senior Community's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of Presentation Senior Community
Presentation Senior Community, established as a non-profit organization in 1999, is dedicated to a noble mission. Their primary objective is to own and manage a 93-unit residential property, catering to elderly citizens who fall below specific income thresholds. This property, located in an undisclosed location, serves as a sanctuary for the elderly, providing them with affordable housing. The entity, operating under Section 202 of the National Housing Act, adheres to guidelines set by the Housing and Urban Development (HUD) regarding rent charges and operational methods. The Presentation Senior Housing Community, as it is currently known, is a testament to their commitment to ensuring that senior citizens in need have a roof over their heads.
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Impact
July, 2024
Presentation Senior Community's impact is significant in providing affordable housing for elderly citizens in San Francisco who fall below certain income levels. By owning and operating a 93-unit low-income apartment property, this organization allows seniors to live in a safe and comfortable environment without financial burden. This initiative helps address the housing needs of a vulnerable population, contributing to their well-being and quality of life.
This information is meant to be a general summary of Presentation Senior Community. 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: $6,328
- Program Service Revenue: $449,832
- Gross Receipts: $1,448,529
Assets and Liabilities:
- Total Assets: $6,377,707
- Total Liabilities: $234,064
- Net Assets: $6,143,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$441,465
ANCILLARY SERVICES
Revenue
$6,088
OTHER REVENUE
Revenue
$2,279
Organization Details
Founding Year
1997
Phone
(303) 830-3300Principal Officer
Doug Shoemaker
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L210 - Housing
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