Overview
What is The Salvation Army Turlock Residence Inc?
The Salvation Army Turlock Residence Inc, situated in Rancho Palos Verdes, California, is a nonprofit organization that specializes in providing subsidized housing for individuals with low income or those who are handicapped. This apartment complex, with a dedicated workforce of four employees, is committed to offering a supportive living environment for those in need. The mission of The Salvation Army Turlock Residence Inc is to promote a sense of community and independence, ensuring its residents have access to a secure and comfortable living space.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
The Salvation Army Turlock Residence Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 92%, the organization demonstrates a commitment to transparency and responsible financial practices, making efficient use of donations to support its mission. Key indicators of its financial health include a program expense ratio of 95.77%, confirming that a significant portion of its funding directly supports its programs.
The organization boasts a fully independent board, with 100% of its members meeting this criterion, which is vital for maintaining accountability. Additionally, it has effective oversight mechanisms in place, as evidenced by high scores in its audit and oversight committee evaluations. The absence of any material diversion of assets further underscores its integrity in managing resources.
However, while the financial metrics present a positive outlook, potential donors and stakeholders should remain informed about the broader impact of the organization's programs. Engaging with community feedback and program outcomes can provide a more comprehensive view of its effectiveness in fulfilling its mission. Overall, The Salvation Army Turlock Residence Inc stands out as a well-managed organization with a strong commitment to its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is The Salvation Army Turlock Residence Inc legitimate?
The Salvation Army Turlock Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Turlock Residence 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.
What is the mission statement of The Salvation Army Turlock Residence Inc?
The Salvation Army Turlock Residences Inc is a non-profit organization that operates an apartment complex, offering subsidized housing for individuals with low income or disabilities. Their primary mission is to provide a supportive living environment for these individuals, enabling them to maintain a decent standard of living. By offering subsidized housing, the organization aims to alleviate some of the financial burdens faced by these individuals, thereby promoting their overall well-being and independence. The Salvation Army Turlock Residences Inc is dedicated to making a positive impact in the lives of its residents, fostering a sense of community and ensuring that they have access to necessary resources and support.
Who is the CEO of The Salvation Army Turlock Residence Inc?
Douglas Riley is the President of The Salvation Army Turlock Residence Inc.
What is the revenue of The Salvation Army Turlock Residence Inc?
The Salvation Army Turlock Residence Inc's revenue in 2021 was $634,634.
Who are the executives of The Salvation Army Turlock Residence Inc and what are their salaries?
Where can I find the form 990 for The Salvation Army Turlock Residence Inc?
The Salvation Army Turlock Residence Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Salvation Army Turlock Residence Inc
The Salvation Army Turlock Residence Inc is a distinguished non-profit organization that offers subsidized housing to individuals who fall under the low-income or handicapped categories. This noble institution's mission is centered around providing a safe and affordable living space, thereby making a significant impact on the lives of those in need. The Salvation Army Turlock Residences Inc operates as a non-profit apartment complex, offering its residents a sense of community and security. By offering subsidized housing, the organization eases the financial burden of its residents, enabling them to focus on other essential aspects of their lives. This non-profit's mission is a testament to its commitment to supporting vulnerable individuals and contributing to their overall well-being.
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Impact
July, 2024
The impact of The Salvation Army Turlock Residence Inc is significant in providing subsidized housing to low-income or handicapped individuals. Through its nonprofit apartment complex, it offers a vital resource for those in need of affordable housing in Rancho Palos Verdes, CA. By fulfilling its mission to provide housing assistance, The Salvation Army Turlock Residence Inc plays a crucial role in supporting vulnerable individuals and families in securing stable living arrangements, thereby contributing to their overall well-being and quality of life.
This information is meant to be a general summary of The Salvation Army Turlock Residence 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 2021.
- Investment Income: $146
- Program Service Revenue: $308,367
- Gross Receipts: $634,634
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$308,367
Organization Details
Founding Year
2001
Principal Officer
Douglas Riley
Main Address
LEGAL DEPT 30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: L41 - Housing
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