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The Salvation Army Colorado Springs Res Inc

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

EIN: 330402547 ✦ Rancho palos verdes, CA ✦ Designated as a 501(c)(3)

Overview

What is The Salvation Army Colorado Springs Res Inc?

The Salvation Army Colorado Springs Res Inc is a nonprofit organization situated in Rancho Palos Verdes, California. Specifically, it operates as a subsidized apartment complex, offering affordable housing options to elderly or handicapped individuals with low income. This charitable institution provides a vital service, ensuring that these individuals have access to safe and comfortable living spaces. With a dedicated workforce of six employees, The Salvation Army Colorado Springs Res Inc plays a vital role in supporting and enhancing the lives of its residents.


Is The Salvation Army Colorado Springs Res Inc legitimate?

The Salvation Army Colorado Springs Res Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Colorado Springs Res 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: $85,677

For more financial information, click here


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

Mission Statement of The Salvation Army Colorado Springs Res Inc

The Salvation Army Colorado Springs Residences Inc is a non-profit organization that is dedicated to providing subsidized housing for individuals who are elderly or have disabilities and fall under the category of low income. This charitable apartment complex serves as a sanctuary for these individuals, offering them the necessary accommodation they require. By offering subsidized housing, this non-profit organization is able to make a significant impact in the lives of those who may otherwise struggle to afford decent housing. The mission of The Salvation Army Colorado Springs Residences Inc is to provide a safe and affordable living environment for its residents, thereby contributing to their overall well-being and quality of life.

Impact

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




Wednesday, July 24, 2024

The impact of The Salvation Army Colorado Springs Res Inc is profound in providing subsidized housing to low-income elderly or handicapped persons. By offering affordable housing options, this nonprofit apartment complex plays a crucial role in enhancing the quality of life for vulnerable populations in need of support. Through their mission of providing subsidized housing, they are helping to address the pressing issue of housing insecurity among low-income individuals, particularly the elderly and handicapped, in the community.





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 2022.

  • Investment Income: $500
  • Program Service Revenue: $184,510
  • Gross Receipts: $512,223

    • Assets and Liabilities:
  • Total Assets: $1,318,272
  • Total Liabilities: $1,371,981
  • Net Assets: -$53,709
  • Programs

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

    RENTAL REVENUE

    Revenue

    $184,510

    Organization Details

    Founding Year

    1991

    Principal Officer

    Douglas Riley

    Main Address

    30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of The Salvation Army Colorado Springs Res Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.