Overview
What is The Salvation Army Glendale Residences Inc?
The Salvation Army Glendale Residences Inc, situated in Rancho Palos Verdes, California, is a nonprofit organization that offers subsidized housing to low-income elderly or handicapped individuals. As a dedicated apartment complex, it strives to provide a supportive living environment for those in need. With a small team of just two employees, this nonprofit plays a significant role in enhancing the quality of life for its residents, ensuring they have access to affordable and appropriate housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Salvation Army Glendale Residences Inc has achieved a high rating due to its strong performance in Accountability and Finance, scoring 94%. This rating reflects the organization's commitment to transparency and effective management of financial resources, which is critical for donor confidence. The organization demonstrates a high level of accountability, with 100% of its board members being independent and a strong emphasis on maintaining rigorous financial oversight.
Strengths highlighted in the rating include a comprehensive approach to governance, such as having a conflict of interest policy and a whistleblower policy in place. Additionally, the organization exhibits a solid program expense ratio of nearly 96%, indicating that a significant portion of its resources directly supports its programs. Furthermore, there have been no reported material diversions of assets, enhancing its credibility.
Despite its impressive rating, potential donors should consider any limitations in the available information regarding other operational aspects. However, the strong focus on financial accountability and governance makes The Salvation Army Glendale Residences Inc a reliable choice for those looking to support nonprofits with proven management practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Salvation Army Glendale Residences Inc legitimate?
The Salvation Army Glendale Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Glendale Residences 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: $94,180
For more financial information, click here
What is the mission statement of The Salvation Army Glendale Residences Inc?
The Salvation Army Glendale Residences Inc serves as a non-profit apartment complex, providing subsidized housing for economically disadvantaged elderly or handicapped individuals. Their primary mission is to offer a living space that caters to the needs of these individuals, ensuring they have access to affordable housing. The organization's activities are centered around this objective, striving to create a supportive community where these individuals can thrive. It is important to note that the Salvation Army Glendale Residences Inc does not discriminate based on age or disability, ensuring equal opportunities for all eligible residents.
Who is the CEO of The Salvation Army Glendale Residences Inc?
Douglas Riley is the President of The Salvation Army Glendale Residences Inc.
What is the revenue of The Salvation Army Glendale Residences Inc?
The Salvation Army Glendale Residences Inc's revenue in 2022 was $630,281.
Who are the executives of The Salvation Army Glendale Residences Inc and what are their salaries?
The average compensation at The Salvation Army Glendale Residences Inc during 2022 was $47,090. There are 2 employees at The Salvation Army Glendale Residences Inc.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $50,544
- Other: $31,109
- Compensation: $0
- Related: $48,289
- Other: $23,378
- Compensation: $0
- Related: $48,289
- Other: $23,378
- Compensation: $0
- Related: $40,503
- Other: $23,766
- Compensation: $0
- Related: $40,503
- Other: $23,766
- Compensation: $0
- Related: $28,990
- Other: $25,787
- Compensation: $0
- Related: $27,234
- Other: $25,787
- Compensation: $0
- Related: $26,429
- Other: $20,630
- Compensation: $0
- Related: $26,429
- Other: $20,630
- Compensation: $0
- Related: $12,271
- Other: $10,315
- Compensation: $0
- Related: $12,271
- Other: $10,315
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Salvation Army Glendale Residences Inc?
The Salvation Army Glendale Residences Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Salvation Army Glendale Residences Inc
The Salvation Army Glendale Residences Inc is a non-profit organization that dedicates its resources to providing subsidized housing for low-income elderly or handicapped individuals. This mission is carried out through the operation of an apartment complex, which serves as a sanctuary for those who may face financial and physical challenges in securing adequate housing. By offering subsidized rent, this non-profit organization aims to alleviate some of the financial burdens faced by its residents, allowing them to focus on other aspects of their lives. The Salvation Army Glendale Residences Inc plays a crucial role in ensuring that vulnerable members of society have access to safe and affordable housing, thereby enhancing their overall well-being and quality of life.
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Impact
July, 2024
The Salvation Army Glendale Residences Inc's impact is evident in the lives of low-income elderly or handicapped individuals in Rancho Palos Verdes, CA who are provided with subsidized housing. Their mission to offer affordable and safe housing options contributes significantly to addressing the critical need for housing security among vulnerable populations. By offering this support, The Salvation Army Glendale Residences Inc plays a crucial role in enhancing the quality of life for those in need within the community.
This information is meant to be a general summary of The Salvation Army Glendale Residences 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: $1,887
- Program Service Revenue: $269,031
- Gross Receipts: $630,281
Assets and Liabilities:
- Total Assets: $5,872,843
- Total Liabilities: $2,292,386
- Net Assets: $3,580,457
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$269,031
Organization Details
Founding Year
1995
Principal Officer
Douglas Riley
Main Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275
NTEE Category
Code: L22 - Housing
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