Overview
What is Bethany Center Senior Housing Inc?
Bethany Center Senior Housing Inc, established in 1966, is a California-based nonprofit organization dedicated to providing affordable housing solutions for low-income elderly individuals and some disabled persons. Headquartered in Walnut Creek, California, the organization operates a 135-unit apartment project in San Francisco, with 90% of the units designed for low-income elderly residents and the remaining 10% for disabled persons. Through its mission and activities, Bethany Center Senior Housing Inc aims to contribute to the well-being of the San Francisco community by offering housing services, supporting 168 residents throughout the year. The organization employs a team of six individuals to carry out its mission.
Official website here: www.bethanycenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Bethany Center Senior Housing Inc has received a Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored exceptionally well across various metrics, particularly in areas like independent board governance and financial oversight. With 100% of its board members being independent, it demonstrates a robust governance structure, which is crucial for maintaining trust and transparency with stakeholders.
The financial health indicators are also impressive, with a program expense ratio of 96.81%, suggesting that the majority of its funding is directed toward its core mission rather than administrative costs. Additionally, the organization has established comprehensive policies regarding conflict of interest and whistleblower protections, showcasing its dedication to ethical practices. The absence of any material diversion of assets further solidifies its reputation as a responsible nonprofit.
While the data indicates strong performance in financial accountability, the summary does not provide specific details about program outcomes or community impact. This limitation may leave potential donors and supporters wanting more information about how effectively the organization fulfills its mission and serves its community. Overall, Bethany Center Senior Housing Inc appears to be a well-managed nonprofit with a solid foundation in governance and finance.
This AI summary has been generated from information found on Charity Navigator.
Is Bethany Center Senior Housing Inc legitimate?
Bethany Center Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Center 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: $450,213
For more financial information, click here
Official website here: www.bethanycenter.org
What is the mission statement of Bethany Center Senior Housing Inc?
Bethany Center Senior Housing Inc. is committed to providing affordable rental housing services for low-income elderly individuals. This nonprofit organization, established in 1966, operates in an undisclosed location, primarily focusing on the elderly population. Their mission is to offer residential spaces at affordable rates, ensuring that elderly individuals can maintain a decent living standard. In addition, a portion of their housing units is reserved for disabled persons. The organization's activities support a community of around 168 residents annually, contributing to their well-being in San Francisco.
Official website here: www.bethanycenter.org
Who is the CEO of Bethany Center Senior Housing Inc?
Eduardo Salvador is the Chairman of Bethany Center Senior Housing Inc. The CEO's salary of Bethany Center Senior Housing Inc is $0 and their total compensation is $223,210.
Official website here: www.bethanycenter.org
What is the revenue of Bethany Center Senior Housing Inc?
Bethany Center Senior Housing Inc's revenue in 2022 was $4,433,308.
Official website here: www.bethanycenter.org
Who are the executives of Bethany Center Senior Housing Inc and what are their salaries?
The average compensation at Bethany Center Senior Housing Inc during 2022 was $75,036. There are 6 employees and 16 volunteers at Bethany Center Senior Housing Inc.
Here are 19 key members and their salaries (Bethany Center Senior Housing Inc's CEO's salary is $0 and their total compensation is $223,210):
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $216,226
- Other: $19,099
- Compensation: $0
- Related: $490,744
- Other: $28,922
- Compensation: $0
- Related: $543,764
- Other: $49,111
- Compensation: $0
- Related: $1,032,702
- Other: $10,267
- Compensation: $0
- Related: $241,150
- Other: $49,252
- Compensation: $0
- Related: $442,942
- Other: $10,980
- Compensation: $0
- Related: $478,264
- Other: $56,639
- Compensation: $0
- Related: $373,068
- Other: $33,370
- Compensation: $0
- Related: $471,771
- Other: $11,719
- Compensation: $0
- Related: $500,719
- Other: $15,679
- Compensation: $0
- Related: $140,198
- Other: $22,440
- Compensation: $0
- Related: $217,139
- Other: $6,071
Official website here: www.bethanycenter.org
Where can I find the form 990 for Bethany Center Senior Housing Inc?
Bethany Center Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bethanycenter.org
Learn more at the official website: www.bethanycenter.org
Mission Statement of Bethany Center Senior Housing Inc
Bethany Center Senior Housing Inc is a dedicated organization with a mission to provide affordable rental housing services for low-income elderly individuals in various communities. Established in 1966, this nonprofit corporation operates with the primary goal of ensuring that the elderly have access to comfortable and affordable living spaces. By managing an apartment project, Bethany Center Senior Housing Inc provides housing for 168 residents, with 90% of the units specifically designed for low-income elderly residents and the remaining 10% reserved for disabled individuals. The organization's mission is crucial in providing a sense of security and comfort for the elderly, enabling them to live with dignity and independence.
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Impact
July, 2024
Bethany Center Senior Housing Inc's impact lies in providing affordable rental housing services for low-income elderly persons in San Francisco. Through its California public benefit corporation formed in 1966, Bethany Center Senior Housing operates a 135-unit apartment project with 90% of the units earmarked for low-income elderly individuals and 10% for disabled persons in San Francisco. Throughout the year, the community supported 168 residents in securing stable and affordable housing. This initiative plays a crucial role in addressing the housing needs of vulnerable populations, contributing to the well-being and quality of life of elderly and disabled individuals in the San Francisco area.
This information is meant to be a general summary of Bethany Center 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 2022.
- Investment Income: $686
- Program Service Revenue: $4,403,874
- Gross Receipts: $4,433,308
Assets and Liabilities:
- Total Assets: $54,448,462
- Total Liabilities: $23,044,608
- Net Assets: $31,403,854
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD ASSISTANCE INCOME
Revenue
$3,667,256
RENTAL INCOME
Revenue
$736,618
Organization Details
Founding Year
1966
Phone
(415) 821-4515Principal Officer
Eduardo Salvador
Main Address
2185 N CALIFORNIA BLVD 215, WALNUT CREEK, CA, 94596
Website
www.bethanycenter.orgNTEE Category
Code: L220 - Housing
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