Overview
What is Eldorado Church Of God Home Inc?
Eldorado Church of God Home Inc, established as a California not-for-profit corporation, is a charitable organization sponsored by the Church of God Homes, Inc. Its primary mission is to own and manage an 85-unit apartment community in Oceanside, California, known as Eldorado Church of God Homes. The nonprofit operates under Section 236 of the National Housing Act and serves approximately 100 tenants. The community provides secure, lock-in apartments, in-house laundry facilities, and various activities tailored to the elderly. The organization's mission is to offer affordable housing and a supportive environment, fostering a sense of community for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Eldorado Church Of God Home Inc has earned an 86% rating, indicating a solid performance in accountability and finance. The charity's score reflects a strong commitment to transparency and responsible financial management, primarily derived from its excellent accountability measures. Notably, the organization has fully independent board members and maintains a high program expense ratio of 85.18%, showcasing a dedication to utilizing funds for its mission.
The organization demonstrates strong governance practices, with an independent board and thorough oversight of financial statements. They have been recognized for having no material diversion of assets and for documenting board meeting minutes, which contributes positively to their accountability score. Furthermore, the availability of their tax form on their website enhances their transparency to donors and stakeholders.
Despite these strengths, there may be limited information regarding other operational aspects or programmatic impact, as the rating heavily relies on financial indicators. While the charity shows commendable financial health, potential donors and supporters may want to seek more qualitative data about the outcomes of the programs they fund. Overall, Eldorado Church Of God Home Inc appears to be a responsible and accountable organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Eldorado Church Of God Home Inc legitimate?
Eldorado Church Of God Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eldorado Church Of God Home 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Eldorado Church Of God Home Inc?
Eldorado Church of God Home Inc was established with the mission to own and operate an 85-unit apartment community, known as Eldorado Church of God Homes. This mission is in line with Section 236 of the National Housing Act, which aims to provide affordable housing options. The organization, sponsored by Church of God Homes Inc, was established to serve this purpose. The focus is on providing a residential community, offering a place for individuals to reside. The specifics of the support or services provided within this community are not explicitly mentioned in the provided information.
Who is the CEO of Eldorado Church Of God Home Inc?
Larry Hatter is the President of Eldorado Church Of God Home Inc.
What is the revenue of Eldorado Church Of God Home Inc?
Eldorado Church Of God Home Inc's revenue in 2022 was $913,517.
Who are the executives of Eldorado Church Of God Home Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Eldorado Church Of God Home Inc?
Eldorado Church Of God Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Eldorado Church Of God Home Inc
Eldorado Church of God Home Inc was established as a California not-for-profit corporation with a specific mission. Sponsored by the Church of God Homes, Inc., this organization was formed to own and operate an 85-unit apartment community, named Eldorado Church of God Homes, in accordance with Section 236 of the National Housing Act. The primary objective of Eldorado Church of God Home Inc is to provide affordable housing solutions, contributing to the broader goal of meeting the housing needs of its community. The organization operates with the aim of providing a comfortable living space for its residents, thereby contributing positively to their overall well-being.
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Impact
July, 2024
Eldorado Church Of God Home Inc's impact can be seen in the provision of affordable housing and supportive services to approximately 100 tenants in Oceanside, California. Through its 85-unit apartment community, Eldorado Church Of God Homes offers security-locked apartments, in-house laundry facilities, and a variety of programs and activities tailored for the elderly residents. By creating a safe and welcoming living environment, Eldorado Church Of God Home Inc positively impacts the lives of its residents, promoting independence, community engagement, and overall well-being.
This information is meant to be a general summary of Eldorado Church Of God Home 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: $20
- Program Service Revenue: $335,147
- Gross Receipts: $913,517
Assets and Liabilities:
- Total Assets: $1,030,529
- Total Liabilities: $34,566
- Net Assets: $995,963
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$335,147
Organization Details
Founding Year
1986
Phone
(619) 722-1164Principal Officer
Larry Hatter
Main Address
115 S CLEMENTINE ST, OCEANSIDE, CA, 920543046
NTEE Category
Code: L22 - Housing
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