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The Salvation Army Ivy Residence Inc

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

EIN: 232856135 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is The Salvation Army Ivy Residence Inc?

The Salvation Army Ivy Residence Inc., situated in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to providing affordable housing for the elderly. Located at 4051 Ford Road, their mission is to offer quality living and support services to low-income elderly individuals, enabling them to maintain their independence for as long as possible. The organization houses 129 residents in total.


Is The Salvation Army Ivy Residence Inc legitimate?

The Salvation Army Ivy Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Ivy Residence 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,303

For more financial information, click here


What is the mission statement of The Salvation Army Ivy Residence Inc?
Who is the CEO of The Salvation Army Ivy Residence Inc?
What is the revenue of The Salvation Army Ivy Residence Inc?
Who are the executives of The Salvation Army Ivy Residence Inc and what are their salaries?
Where can I find the form 990 for The Salvation Army Ivy Residence Inc?

Mission Statement of The Salvation Army Ivy Residence Inc

The Salvation Army Ivy Residence Inc is dedicated to providing high-quality housing and support services for low-income elderly individuals. Their mission is centered around helping these seniors maintain their independence for as long as possible. By offering a living environment, they aim to ensure that the elderly residents can continue to live with a sense of autonomy and dignity. This residential facility, located in an unspecified location, houses 129 elderly residents in Philadelphia, Pennsylvania. The primary objective of The Salvation Army Ivy Residence Inc is to offer a nurturing environment where elderly individuals can age gracefully and independently.

Impact

This information is meant to be a general summary of The Salvation Army Ivy Residence Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Salvation Army Ivy Residence Inc's impact is providing quality housing and services for low-income elderly persons in Philadelphia, Pennsylvania. By offering 129 units of affordable housing, this organization helps elderly residents maintain their independence for as long as possible. Through their mission to support the most vulnerable members of society, The Salvation Army Ivy Residence Inc significantly contributes to the well-being and quality of life of low-income elderly individuals in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,659
  • Program Service Revenue: $923,222
  • Gross Receipts: $1,118,112

    • Assets and Liabilities:
  • Total Assets: $11,153,453
  • Total Liabilities: $16,831,603
  • Net Assets: -$5,678,150
  • Programs

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

    RENTAL INCOME

    Revenue

    $920,348

    LAUNDRY & VENDING REVE

    Revenue

    $2,874

    Organization Details

    Founding Year

    1996

    Principal Officer

    William A Bamford Iii

    Main Address

    4051 FORD ROAD, PHILADELPHIA, PA, 19131

    NTEE Category

    Code: P240 - Human services

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