Overview
What is Gardena Senior Housing Inc?
Gardena Senior Housing Inc., established in 1987, is a California-based nonprofit housing corporation. It was founded as a cooperative venture between a Michigan nonprofit cooperative and the US Department of Housing and Urban Development. The primary mission of this organization is to provide affordable housing facilities for low-income senior citizens. Based in Gardena, California, it operates a 74-unit apartment project, serving as a vital living space for this specific demographic. The corporation's activities are centered around providing housing services, ensuring that older adults with limited income have access to suitable accommodations.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Gardena Senior Housing Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%, which is based entirely on their Accountability & Finance metrics. This rating signifies that the organization is effectively managing its finances and governance responsibilities, with a strong emphasis on transparency and ethical practices.
The organization demonstrates notable strengths in its governance structure, with a fully independent board consisting of 10 members. It also excels in financial management, as evidenced by a high program expense ratio of 78.59%, indicating that a significant portion of its funds is allocated towards its programs. Furthermore, Gardena Senior Housing has established robust policies regarding conflicts of interest, whistleblower protections, and document retention, all of which contribute to its positive accountability score.
However, while the organization appears to maintain strong financial practices, the single beacon score suggests limited information on other operational areas such as program effectiveness and impact assessment. Potential donors and stakeholders should consider both the financial health and the broader mission outcomes when evaluating their support for Gardena Senior Housing Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Gardena Senior Housing Inc legitimate?
Gardena Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gardena 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: $0
For more financial information, click here
Official website here: www.csi.coop
What is the mission statement of Gardena Senior Housing Inc?
Gardena Senior Housing Inc's mission is centered around providing housing facilities for individuals who fall under the category of low-income senior citizens. This non-profit corporation, established in cooperation with the U.S. Department of Housing and Urban Development, aims to offer a comfortable living space for this specific demographic. Their objective is to make quality housing accessible to this group, thereby contributing to their overall well-being and dignity.
Official website here: www.csi.coop
Who is the CEO of Gardena Senior Housing Inc?
Cindy Lamb is the President of Gardena Senior Housing Inc.
Official website here: www.csi.coop
What is the revenue of Gardena Senior Housing Inc?
Gardena Senior Housing Inc's revenue in 2022 was $1,095,409.
Official website here: www.csi.coop
Who are the executives of Gardena Senior Housing Inc and what are their salaries?
There 20 volunteers at Gardena Senior Housing Inc.
Here are 19 key members and their salaries:
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- Related: $182,532
- Other: $32,442
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- Related: $295,265
- Other: $63,472
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- Related: $175,150
- Other: $45,954
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- Related: $182,210
- Other: $47,091
- Compensation: $0
- Related: $177,736
- Other: $54,448
Official website here: www.csi.coop
Where can I find the form 990 for Gardena Senior Housing Inc?
Gardena Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csi.coop
Learn more at the official website: www.csi.coop
Mission Statement of Gardena Senior Housing Inc
Gardena Senior Housing Inc, a California-based non-profit housing corporation, is dedicated to providing suitable living quarters for low-income senior citizens. Established in 1987, this organization collaborates with the US Department of Housing and Urban Development to offer 74 housing units specifically designed for seniors. The corporation's mission is to create a welcoming environment for these individuals, ensuring they have access to secure and affordable accommodations during their golden years. By offering housing facilities, Gardena Senior Housing Inc contributes to the well-being of the elderly community, enabling them to live with dignity and independence.
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Impact
July, 2024
Gardena Senior Housing Inc's impact lies in providing essential housing facilities for low-income senior citizens. Through its operations, Gardena Senior Housing Inc helps address the critical need for affordable housing for seniors, ensuring that this vulnerable population has access to safe and comfortable living spaces. By offering 74 units for low-income seniors in Gardena, California, in cooperation with the US Department of Housing and Urban Development, Gardena Senior Housing Inc contributes significantly to enhancing the quality of life for seniors in need. This organization plays a crucial role in supporting the well-being and security of low-income senior citizens, ultimately promoting a more inclusive and supportive community.
This information is meant to be a general summary of Gardena 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: $57
- Program Service Revenue: $293,407
- Gross Receipts: $1,095,409
Assets and Liabilities:
- Total Assets: $2,635,988
- Total Liabilities: $3,637,275
- Net Assets: -$1,001,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$293,407
Organization Details
Founding Year
1987
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE ROAD, WARREN, MI, 48093
Website
www.csi.coopNTEE Category
Code: L22Z - Housing
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