Overview
What is Westside Jewish Center Apartments?
Westside Jewish Center Apartments is a 103-unit housing complex situated in Los Angeles, California (specifically at 5870 WEST OLYMPIC BLVD, CA 90036). This nonprofit organization, as per the information provided, is dedicated to serving the low-income elderly community. Their mission is to provide affordable government-subsidized housing, ensuring that the elderly population in need has a suitable living environment. This initiative is carried out under Section 202 of the National Housing Act of 1959, which has been amended over the years. The primary objective is to cater to the housing needs of this specific demographic, thereby contributing positively to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator rates Westside Jewish Center Apartments at 67%, providing it with a Two-Star out of Four Star rating. This score reflects the organization’s moderate performance in accountability and finance, indicating that while it has some solid practices in place, there are significant areas for improvement.
The organization demonstrates strengths in having an independent board, with all members meeting the independent criteria, and it maintains a high program expense ratio of nearly 93%, showing that most funds are directed towards its programs. Additionally, there is no material diversion of assets, which suggests financial integrity in operations.
However, the rating is impacted by notable weaknesses, including a high liabilities to assets ratio, indicating potential financial risk. Furthermore, the absence of key policies like conflict of interest and whistleblower protections raises concerns about governance and transparency. The lack of publicly available tax documents also detracts from their financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Westside Jewish Center Apartments legitimate?
Westside Jewish Center Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westside Jewish Center Apartments 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: $0
For more financial information, click here
What is the mission statement of Westside Jewish Center Apartments?
The mission of Westside Jewish Center Apartments is to offer affordable, government-subsidized housing to the elderly with limited income. This is carried out through the operation of a 103-unit apartment complex under Section 202 of the National Housing Act of 1959, as amended. The center's primary goal is to provide a living space that is accessible and affordable for this particular demographic, ensuring they can maintain a decent standard of living.
Who is the CEO of Westside Jewish Center Apartments?
Vicki Wolf is the Treasurer of Westside Jewish Center Apartments.
What is the revenue of Westside Jewish Center Apartments?
Westside Jewish Center Apartments's revenue in 2022 was $2,405,526.
Who are the executives of Westside Jewish Center Apartments and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $193,837
- Other: $37,534
Where can I find the form 990 for Westside Jewish Center Apartments?
Westside Jewish Center Apartments's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Westside Jewish Center Apartments
Westside Jewish Center Apartments is committed to providing affordable housing solutions for the low-income elderly community. Operating under Section 202 of the National Housing Act of 1959, as amended, this nonprofit complex houses 103 units specifically designed for this demographic. The mission of Westside Jewish Center Apartments is to create a living environment that caters to the needs of this vulnerable population, ensuring they can live with dignity and security. By offering government-subsidized housing, the center not only provides a roof over their heads but also contributes to the overall well-being of these elderly individuals.
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Impact
July, 2024
Westside Jewish Center Apartments provides a vital service by offering affordable government-subsidized housing to low-income elderly individuals in Los Angeles, California. With a 103-unit apartment complex operating under Section 202 of the National Housing Act of 1959, the organization directly addresses the pressing need for accessible housing options for this vulnerable population. By fulfilling its mission of providing affordable housing for the elderly, Westside Jewish Center Apartments plays a crucial role in supporting the well-being and quality of life of its residents.
This information is meant to be a general summary of Westside Jewish Center Apartments. 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: $408
- Program Service Revenue: $459,622
- Gross Receipts: $2,405,526
Assets and Liabilities:
- Total Assets: $2,601,581
- Total Liabilities: $4,993,737
- Net Assets: -$2,392,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$459,622
Organization Details
Founding Year
1982
Phone
(323) 930-2300Principal Officer
Vicki Wolf
Main Address
5870 WEST OLYMPIC BLVD, LOS ANGELES, CA, 90036
NTEE Category
Code: L21Z - Housing
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