Overview
What is Kokoro Assisted Living Inc?
Kokoro Assisted Living Inc is a nonprofit organization situated in San Francisco, California, with a primary focus on providing assisted living housing services to low-to-moderate income elderly residents. The organization operates a senior housing facility, featuring 54 units, with 37 units specifically designated for this demographic. The mission of Kokoro Assisted Living Inc is to promote and enhance the independence and security of older adults, offering physically, socially, and spiritually nurturing care. The organization serves the Japanese and Japanese-American community in the San Francisco Bay Area, although it is open to individuals from various nationalities and ethnic backgrounds. The corporation aims to uphold the dignity and comfort of seniors within their community, ensuring they can live contentedly in their later years, as long as it is feasible. The organization employs a culturally sensitive, qualified, and licensed service provider to oversee senior care.
Official website here: www.kokoroassistedliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Kokoro Assisted Living Inc holds a two-star rating from Charity Navigator, indicating areas where the organization requires improvement despite a strong score in accountability and finance. The organization has performed well in aspects such as having a fully independent board and maintaining solid financial oversight, but it has shown weaknesses in transparency and policy adherence, particularly with missing whistleblower and document retention policies.
While the program expense ratio is impressive at 89.73%, reflecting a commitment to programmatic spending, the liabilities to assets ratio is concerning at 120.42%. This suggests financial instability, which may impact the organization's ability to sustain its services and programs over time. The absence of critical documentation, like the tax form on its website, raises further concerns about accessibility and compliance with transparency standards.
Overall, Kokoro Assisted Living demonstrates several strengths in governance and program spending, but the highlighted deficiencies in policy and financial ratios suggest that donors and stakeholders may want to approach with caution until improvements are made.
This AI summary has been generated from information found on Charity Navigator.
Is Kokoro Assisted Living Inc legitimate?
Kokoro Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kokoro Assisted Living 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: $1,484,697
For more financial information, click here
Official website here: www.kokoroassistedliving.org
What is the mission statement of Kokoro Assisted Living Inc?
Kokoro Assisted Living Inc's mission is centered around providing assisted living housing services to promote and enhance the independence and security of older adults. The organization's primary goal is to offer physical, social, and spiritual care to the frail elderly, including those with disabilities, with a focus on improving their health, security, happiness, and usefulness in prolonged living. This is done to enable them to continue living with dignity and comfort within their community for as long as possible. The corporation caters specifically to the Japanese and Japanese-American community of the San Francisco Bay Area, although it may extend its services to individuals of various nationalities or ethnic backgrounds. The corporation's objective is to fulfill the desire of its community for seniors to live in dignity and comfort within their community. The care provided by Kokoro Assisted Living Inc is overseen by a culturally sensitive, qualified, and licensed service provider.
Official website here: www.kokoroassistedliving.org
Who is the CEO of Kokoro Assisted Living Inc?
Naoko Jones is the Secretary of Kokoro Assisted Living Inc.
Official website here: www.kokoroassistedliving.org
What is the revenue of Kokoro Assisted Living Inc?
Kokoro Assisted Living Inc's revenue in 2022 was $3,077,568.
Official website here: www.kokoroassistedliving.org
Who are the executives of Kokoro Assisted Living Inc and what are their salaries?
The average compensation at Kokoro Assisted Living Inc during 2022 was $26,047. There are 57 employees and 11 volunteers at Kokoro Assisted Living Inc.
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Official website here: www.kokoroassistedliving.org
Where can I find the form 990 for Kokoro Assisted Living Inc?
Kokoro Assisted Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kokoroassistedliving.org
Learn more at the official website: www.kokoroassistedliving.org
Mission Statement of Kokoro Assisted Living Inc
Kokoro Assisted Living Inc, a nonprofit organization, is dedicated to providing assisted living housing services to promote and enhance the independence and security of older adults. Their specific purpose is to cater to the physical, social, and spiritual needs of frail elderly individuals, including those with disabilities. The corporation aims to ensure that these seniors can continue to live with dignity and comfort within their community for as long as possible.
The mission of Kokoro Assisted Living Inc extends beyond basic care. It seeks to fulfill the desire of its community for seniors to live in a supportive environment that respects their cultural backgrounds. The organization employs culturally sensitive, qualified, and licensed service providers to oversee the care of its residents. This holistic approach to eldercare ensures the health, security, happiness, and usefulness of the seniors under its care. The corporation's target population primarily consists of the Japanese and Japanese-American community of the San Francisco Bay Area, but it also welcomes individuals from other nationalities or ethnic backgrounds.
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Impact
July, 2024
Kokoro Assisted Living Inc's impact is significant as it provides essential assisted living housing services to promote and enhance the independence and security of older adults, particularly those in the low-to-moderate income bracket. By operating a senior housing facility with a specific focus on frail elderly persons, including those with disabilities, Kokoro is actively contributing to the physical, social, and spiritual care of this vulnerable population. This enables elderly individuals to continue living within the community with dignity and comfort, ultimately fostering their health, security, happiness, and usefulness in longer living. Through its targeted services and culturally sensitive approach, Kokoro Assisted Living Inc is making a tangible difference in the lives of seniors, especially within the Japanese and Japanese-American community of the San Francisco Bay Area.
This information is meant to be a general summary of Kokoro Assisted Living 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 2022.
- Investment Income: $127,766
- Program Service Revenue: $2,887,721
- Gross Receipts: $3,078,773
Assets and Liabilities:
- Total Assets: $8,304,612
- Total Liabilities: $9,743,577
- Net Assets: -$1,438,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSISTED LIVING SERVICE
Revenue
$2,887,721
Organization Details
Founding Year
1997
Phone
(415) 766-8066Principal Officer
Naoko Jones
Main Address
1881 BUSH STREET, SAN FRANCISCO, CA, 94109
Website
www.kokoroassistedliving.orgNTEE Category
Code: L22Z - Housing
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