The Salvation Army Hollywood Residences Inc

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

EIN: 330527301 ✦ Rancho palos verdes, CA ✦ Designated as a 501(c)(3)

Overview

What is The Salvation Army Hollywood Residences Inc?

The Salvation Army Hollywood Residences Inc is a nonprofit organization situated in Rancho Palos Verdes, California. Specifically, it operates as an apartment complex that offers subsidized housing to low-income elderly or handicapped individuals. This charity's main mission revolves around providing a much-needed living space for those who may face financial challenges or have physical disabilities. The nonprofit employs a team of five dedicated individuals, working tirelessly to uphold and maintain its mission.


Is The Salvation Army Hollywood Residences Inc legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,046

For more financial information, click here


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

Mission Statement of The Salvation Army Hollywood Residences Inc

The Salvation Army Hollywood Residences Inc is a dedicated non-profit organization that offers subsidized housing to low-income elderly or handicapped individuals. Its mission is to provide a comfortable living space for those who may face financial challenges, ensuring they can maintain their independence and dignity. By offering subsidized housing, this non-profit organization plays a significant role in supporting vulnerable members of society, allowing them to focus on their well-being and quality of life.

Impact

This information is meant to be a general summary of The Salvation Army Hollywood Residences 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 Hollywood Residences Inc has a significant impact on the community by providing subsidized housing to low-income elderly or handicapped individuals in Rancho Palos Verdes, CA. This support helps vulnerable populations secure safe and affordable housing, enhancing their overall quality of life and well-being. The organization's mission to offer housing assistance to those in need aligns with broader efforts to address social and economic disparities, making a positive difference in the lives of individuals facing housing challenges.





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: $3,109
  • Program Service Revenue: $364,681
  • Gross Receipts: $837,088

    • Assets and Liabilities:
  • Total Assets: $7,164,258
  • Total Liabilities: $3,333,345
  • Net Assets: $3,830,913
  • Programs

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

    RENTAL REVENUE

    Revenue

    $364,681

    Organization Details

    Founding Year

    1992

    Principal Officer

    Douglas Riley

    Main Address

    30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275

    NTEE Category

    Code: Z99Z - Unknown

    If you are a representative of The Salvation Army Hollywood Residences 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.