Overview
What is Chinese Community On Aging Housing Corp?
The Chinese Community On Aging Housing Corp is a nonprofit organization situated in Anaheim, California, specifically at 1101 East Orangewood Avenue, Suite 20. Their primary objective is to offer affordable housing to low-income elderly citizens. They carry out this mission by providing low-cost housing accommodations to cater to this specific demographic. The corporation's activities and mission revolve around providing housing solutions to elderly individuals who may face financial constraints. This nonprofit organization is dedicated to improving the living conditions of the elderly community in its area, ensuring they have access to safe and affordable housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The Chinese Community On Aging Housing Corp has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and transparency in its operations. The organization excels in areas such as independent board governance, with 100% of its board members being independent, and it has strong oversight measures in place, earning full points in the Audit and Oversight Committee category.
Strengths of the organization include a high program expense ratio of nearly 97%, suggesting that a significant portion of its resources is directed towards its mission. Additionally, the presence of a conflict of interest policy and well-maintained documentation reflects a commitment to ethical governance practices.
However, the organization faces challenges with its liabilities to assets ratio, which is notably high at 122.23%. This could raise concerns regarding financial stability and may affect future funding or operational capacity. Overall, while the organization demonstrates several strengths, attention to financial liabilities is essential for long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Chinese Community On Aging Housing Corp legitimate?
Chinese Community On Aging Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinese Community On Aging Housing Corp 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: $276,886
For more financial information, click here
What is the mission statement of Chinese Community On Aging Housing Corp?
The Chinese Community On Aging Housing Corp is committed to providing affordable housing solutions for low-income elderly citizens. Their primary mission is to ensure that elderly individuals in need have access to suitable and economical living spaces. By offering a housing facility, they aim to make a significant impact on the lives of these elderly citizens, thereby contributing to their overall well-being and quality of life. The corporation's activities are centered around this mission, striving to meet the housing needs of this vulnerable population.
Who is the CEO of Chinese Community On Aging Housing Corp?
Donald G Toy is the President of Chinese Community On Aging Housing Corp.
What is the revenue of Chinese Community On Aging Housing Corp?
Chinese Community On Aging Housing Corp's revenue in 2022 was $3,157,200.
Who are the executives of Chinese Community On Aging Housing Corp and what are their salaries?
There 4 volunteers at Chinese Community On Aging Housing Corp.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Chinese Community On Aging Housing Corp?
Chinese Community On Aging Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chinese Community On Aging Housing Corp
The Chinese Community On Aging Housing Corp is dedicated to providing a mission of affordability. This mission centers around offering low-cost housing solutions to elderly citizens who fall within the low-income bracket. By providing such housing, the organization aims to contribute positively to the well-being of this specific demographic, ensuring they have a secure and suitable living environment. The Corp's primary activity is the operation of a housing facility, catering to the needs of these elderly individuals, thereby alleviating any potential housing-related challenges they may face.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Chinese Community On Aging Housing Corp's impact is significant in providing low-cost housing to low-income elderly citizens in Anaheim, California. By offering a housing facility tailored to the needs of this specific demographic, the organization plays a crucial role in ensuring that vulnerable elderly individuals have access to safe and affordable housing options. This not only addresses the pressing issue of housing insecurity among low-income seniors but also contributes to their overall well-being and quality of life.
This information is meant to be a general summary of Chinese Community On Aging Housing Corp. 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: $1,435
- Program Service Revenue: $836,523
- Gross Receipts: $3,157,200
Assets and Liabilities:
- Total Assets: $5,243,073
- Total Liabilities: $6,408,749
- Net Assets: -$1,165,676
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE, NET
Revenue
$823,692
TENANT CHARGES
Revenue
$12,831
Organization Details
Founding Year
1979
Phone
(213) 628-1036Principal Officer
Donald G Toy
Main Address
1101 EAST ORANGEWOOD AVENUE STE 20, ANAHEIM, CA, 92805
NTEE Category
Code: L200 - Housing
If you are a representative of Chinese Community On Aging Housing Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.