Overview
What is Alice Manor Inc?
Alice Manor Inc is a nonprofit organization situated in LOS ANGELES, CA (90059). Their primary focus is to provide affordable housing for elderly individuals with low income. They are dedicated to ensuring that these individuals have a place to reside, thereby improving their quality of life. The organization's mission is centered around this objective, and they strive to make a significant impact in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star Rating.
Alice Manor Inc has received a score of 67%, which indicates a moderate level of accountability and transparency. The charity's high scores in several key areas, such as having 100% independent board members and a strong program expense ratio of 95.71%, reflect a commitment to maintaining integrity in its financial practices and ensuring that the majority of its expenses are directed towards its programs.
However, despite these strengths, the overall Two-Star rating suggests that there may be other areas where the organization could improve. While there are no noted material diversions of assets and the organization does document its board meeting minutes, the rating indicates that further enhancements in financial management or transparency could help elevate its standing within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Alice Manor Inc legitimate?
Alice Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alice Manor 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: $88,681
For more financial information, click here
What is the mission statement of Alice Manor Inc?
Alice Manor Inc, as an organization, is committed to providing affordable housing solutions for elderly individuals with limited income. Their mission is primarily focused on addressing the housing needs of this specific demographic. They strive to ensure that elderly persons, who may be financially constrained, have access to comfortable and reasonably priced housing options. This undertaking not only provides a basic necessity but also contributes to improving their overall quality of life. The organization's housing projects are designed to accommodate the unique needs and circumstances of the elderly population, thereby promoting their independence and well-being.
Who is the CEO of Alice Manor Inc?
Timothy Watkins is the President of Alice Manor Inc.
What is the revenue of Alice Manor Inc?
Alice Manor Inc's revenue in 2022 was $749,955.
Who are the executives of Alice Manor Inc and what are their salaries?
There 3 volunteers at Alice Manor Inc.
Here are 3 key members and their salaries:
- 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 Alice Manor Inc?
Alice Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alice Manor Inc
Alice Manor Inc, a nonprofit organization, is dedicated to providing affordable housing for elderly individuals with low income. This mission is at the heart of the organization's operations, aiming to ensure that the elderly have access to suitable living accommodations despite their limited financial resources. By offering affordable housing, Alice Manor Inc seeks to contribute to the well-being and dignity of the elderly population, enabling them to live in a secure and comfortable environment. The organization's focus on affordable housing for the elderly is a testament to its commitment to social justice and equality.
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Impact
July, 2024
Alice Manor Inc's impact lies in its crucial role in providing affordable housing to elderly persons with low income in Los Angeles, California. By offering this essential service, Alice Manor Inc helps address the pressing issue of housing affordability among vulnerable elderly individuals, ensuring they have a safe and stable place to call home. Through its mission of providing affordable housing, Alice Manor Inc positively impacts the lives of its residents by promoting dignity, security, and quality of life in their golden years. This organization's work aligns with the broader goal of creating a more inclusive and supportive community for all individuals, regardless of socioeconomic status.
This information is meant to be a general summary of Alice Manor 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: $490
- Program Service Revenue: $749,465
- Gross Receipts: $749,955
Assets and Liabilities:
- Total Assets: $1,095,441
- Total Liabilities: $82,710
- Net Assets: $1,012,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY AND VENDING
Revenue
$2,028
TENANT CHARGES
Revenue
$1,233
RENTAL INCOME
Revenue
$746,204
Organization Details
Founding Year
1978
Phone
(323) 563-5600Principal Officer
Timothy Watkins
Main Address
10950 SOUTH CENTRAL AVENUE, LOS ANGELES, CA, 90059
NTEE Category
Code: L22Z - Housing
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