Seniors Rising Homes Inc

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

EIN: 860360338 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Seniors Rising Homes Inc?

Seniors Rising Homes Inc is a nonprofit organization situated in Phoenix, Arizona, with a primary focus on providing affordable housing to low-income elderly residents and individuals with disabilities. They manage a 150-unit multifamily housing community, catering to residents aged 62 and above, with a significant portion being senior citizens. In 2021, they employed a part-time service coordinator to assist residents in accessing various social services and agency referrals. During the COVID-19 pandemic, the organization adapted its services to address the unique challenges faced by its residents, offering information on vaccines and testing, advocacy, assessments, case management, homemaker services, healthcare services, legal assistance, and transportation. Though social activities and community events were limited due to restrictions, they gradually resumed towards the end of the year. The mission of Seniors Rising Homes Inc is to offer housing facilities and services to elderly and handicapped individuals, ensuring they maintain a comfortable and supportive living environment.


Is Seniors Rising Homes Inc legitimate?

Seniors Rising Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seniors Rising Homes 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: $158,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $451,497

For more financial information, click here


What is the mission statement of Seniors Rising Homes Inc?
Who is the CEO of Seniors Rising Homes Inc?
What is the revenue of Seniors Rising Homes Inc?
Who are the executives of Seniors Rising Homes Inc and what are their salaries?
Where can I find the form 990 for Seniors Rising Homes Inc?

Mission Statement of Seniors Rising Homes Inc

Seniors Rising Homes Inc, as a nonprofit organization, is dedicated to providing housing facilities and services to elderly and handicapped individuals. Its primary mission is to cater to the housing needs of low-income senior citizens and individuals with disabilities. To accomplish this, the organization operates a 150-unit multifamily housing community, funded by the HUD Section 8 program. This community serves a diverse group of residents, with 1% under the age of 62, 79% between 62 and 81, 17% between 82 and 93, and 3% aged 94 and above.

In response to the challenges posed by the COVID-19 pandemic, Seniors Rising Homes Inc hired a part-time service coordinator to assist residents in obtaining various social services and agency referrals. The coordinator's efforts focused on providing crucial information related to COVID-19 vaccines and testing, advocacy, assessments, case management, homemaker services, healthcare services, legal assistance, and transportation. As COVID restrictions began to lift towards the end of the year, the community resumed social activities, such as exercise classes and bingo sessions, to help alleviate social isolation and quarantine experienced by its residents.

Impact

This information is meant to be a general summary of Seniors Rising Homes Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Seniors Rising Homes Inc has a profound impact on the community by providing essential housing facilities and services to low-income elderly individuals and those with disabilities. Through the operation of a 150-unit, HUD Section 8 multifamily housing community, the organization serves a significant number of residents, including those in the vulnerable age groups of 62 and above. In response to the challenges posed by the COVID-19 pandemic, Seniors Rising Homes Inc adapted its services to address the specific needs of residents, offering support in accessing social services, healthcare resources, and advocacy.

Furthermore, the organization's hiring of a service coordinator in 2021 demonstrates its commitment to enhancing the well-being of residents through personalized care and assistance. While facing restrictions due to the pandemic, Seniors Rising Homes Inc continued to prioritize the health and safety of its residents while gradually reintroducing social activities and community events as conditions allowed. By focusing on services such as COVID-19 information, healthcare support, legal assistance, and transportation aid, the organization has positively impacted the lives of its residents by providing much-needed support and a sense of community during challenging times.





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: $376
  • Program Service Revenue: $1,517,682
  • Gross Receipts: $1,518,058

    • Assets and Liabilities:
  • Total Assets: $14,532,424
  • Total Liabilities: $13,926,079
  • Net Assets: $606,345
  • Programs

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

    NET RENTAL INCOME

    Revenue

    $1,493,983

    MISCELLANEOUS

    Revenue

    $13,149

    LAUNDRY AND VENDING

    Revenue

    $10,318

    DAMAGES/CLEANING FEES

    Revenue

    $207

    NSF/LATE CHARGES

    Revenue

    $25

    Organization Details

    Founding Year

    1977

    Principal Officer

    Eric Luster

    Main Address

    3838 NORTH CENTRAL AVENUE 1700, PHOENIX, AZ, 85012

    NTEE Category

    Code: L22 - Housing

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