Canterbury Village Retirement Corp

Canterbury Village

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953864198 ✦ Duarte, CA ✦ Designated as a 501(c)(3)

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Overview

What is Canterbury Village Retirement Corp?

Canterbury Village Retirement Corp is a nonprofit organization situated in Duarte, California, with an address at 1900 Huntington Drive, CA 91010. Its primary mission is to offer affordable housing for the elderly, catering to their physical, social, and psychological needs. This endeavor contributes significantly to their overall health, security, happiness, and sense of purpose in their later years. In collaboration with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act, Canterbury Village Retirement Corp provides necessary facilities and services designed specifically for the elderly, thereby enhancing their quality of life.


Official website here: www.humangood.org

What are the reviews and ratings of this charity?

**Rating: Four-Star out of Four Star rating with a score of 96% (Charity Navigator)**

Canterbury Village Retirement Corp earns a commendable four-star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization has achieved excellent scores across various accountability metrics, including independent board governance and financial oversight, indicating effective management practices. The high program expense ratio of 83.87% suggests that the vast majority of its funds are directly supporting its mission.

However, while the financial metrics are robust, certain areas such as impact measurement and leadership adaptability are not currently scored. This leaves a gap in understanding the organization's overall impact and its strategic responsiveness to community needs. Additionally, some transparency issues are noted, particularly the absence of required documents on their website, which may raise concerns regarding accessibility to information.

There are no available user reviews from GreatNonprofits; thus, insights on public sentiment based on individual experiences with Canterbury Village Retirement Corp remain unreported. Overall, while the financial and governance aspects appear strong, the organization could enhance its transparency and provide more information on its broader impacts.


This AI summary has been generated from information found on Charity Navigator.

Is Canterbury Village Retirement Corp legitimate?

Canterbury Village Retirement Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canterbury Village Retirement 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: $0

For more financial information, click here


Official website here: www.humangood.org

What is the mission statement of Canterbury Village Retirement Corp?

Canterbury Village Retirement Corp's mission is centered around providing affordable housing for the elderly. The organization offers more than just living spaces; it also provides facilities and services tailored to address the physical, social, and psychological needs of the elderly. This aim is to contribute positively to their health, security, happiness, and overall usefulness in their later years. The organization works in collaboration with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act.


Official website here: www.humangood.org

Who is the CEO of Canterbury Village Retirement Corp?

John H Cochrane Iii is the Chief Executive Officer of Canterbury Village Retirement Corp. The CEO's salary of Canterbury Village Retirement Corp is $0 and their total compensation is $671,183.


Official website here: www.humangood.org

What is the revenue of Canterbury Village Retirement Corp?

Canterbury Village Retirement Corp's revenue in 2022 was $11,079,523.


Official website here: www.humangood.org

Who are the executives of Canterbury Village Retirement Corp and what are their salaries?


Here are 15 key members and their salaries (Canterbury Village Retirement Corp's CEO's salary is $0 and their total compensation is $671,183):


Randall Stamper (Chair)
  • Compensation: $0
  • Related: $73,000
  • Other: $0
Judith Baker (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Albert Kelley (Vice Chair)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Alan Griffith (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Declan H Brown (Secretary)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Rev Michelle Holmes (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
William Battison (Director)
  • Compensation: $0
  • Related: $63,000
  • Other: $0
Ancel Romero (President, Ah - Thru 1/3/2021)
  • Compensation: $0
  • Related: $32,228
  • Other: $0
Jennifer S Kappen (Svp, Affordable Housing)
  • Compensation: $0
  • Related: $310,289
  • Other: $27,427
John H Cochrane Iii (Chief Executive Officer)
  • Compensation: $0
  • Related: $645,511
  • Other: $25,672
Daniel Ogus (Chief Operations Officer)
  • Compensation: $0
  • Related: $530,748
  • Other: $31,801
Andy Mcdonald (Chief Financial Officer)
  • Compensation: $0
  • Related: $354,675
  • Other: $31,380
Bethany Ghassemi (Chief Legal Officer)
  • Compensation: $0
  • Related: $281,269
  • Other: $13,919
Pamela Classen (Former Cfo To 12/2019 / Executive Cons.)
  • Compensation: $0
  • Related: $122,473
  • Other: $121
Min Meng Fleming (Chief Information Officer)
  • Compensation: $0
  • Related: $353,484
  • Other: $33,191


Official website here: www.humangood.org

Where can I find the form 990 for Canterbury Village Retirement Corp?

Canterbury Village Retirement Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.humangood.org

Learn more at the official website: www.humangood.org

Mission Statement of Canterbury Village Retirement Corp

Canterbury Village Retirement Corp is dedicated to providing affordable housing solutions for the elderly, catering to their physical, social, and psychological needs. This organization's mission is to create living spaces and related services that contribute to the health, security, happiness, and overall usefulness of seniors in their later years. By offering low-cost rental housing, Canterbury Village Retirement Corp aims to enhance the quality of life for the elderly, ensuring their needs are met in a holistic manner. The organization works in collaboration with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act.

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Impact




July, 2024

Canterbury Village Retirement Corp's impact lies in its dedication to providing low-cost rental housing for the elderly, along with related facilities and services that cater to their physical, social, and psychological needs. By offering affordable retirement housing in association with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act, this organization contributes to the health, security, happiness, and overall well-being of senior citizens in the community. Through its mission to support the elderly in living longer, fulfilling lives, Canterbury Village Retirement Corp positively impacts the lives of its residents by creating a supportive and enriching living environment.




This information is meant to be a general summary of Canterbury Village Retirement 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.

Revenue
N/A (2022)
Expenses
N/A (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,374,369
  • Program Service Revenue: $170,747
  • Gross Receipts: $11,205,799

Assets and Liabilities:

  • Total Assets: $8,721,909
  • Total Liabilities: $39,639
  • Net Assets: $8,682,270

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$170,747

Organization Details

Founding Year

1983

Principal Officer

John H Cochrane Iii

Main Address

1900 HUNTINGTON DRIVE, DUARTE, CA, 91010

NTEE Category

Code: L22 - Housing

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