Overview
What is Laguna Cottages For Seniors?
Laguna Cottages For Seniors is a nonprofit organization situated in Santa Barbara, California, specifically at 803 Laguna St, ZIP code 93101. Their primary mission is to offer affordable housing options for low-income senior citizens aged 65 and above. Residents pay a rental fee equal to 30% of their income annually, with rent adjustments based on each resident's income review. Laguna Cottages currently manages and houses 55 units, accommodating 58 senior residents. Their services extend beyond just housing, as they also cover utilities, maintenance, gardening, management, and organize social events for the residents. Overall, their objective is to ensure a comfortable living environment for elderly individuals with limited financial resources.
Official website here: www.lagunacottagesforseniors.org
Is Laguna Cottages For Seniors legitimate?
Laguna Cottages For Seniors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laguna Cottages For Seniors 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: $72,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,245
For more financial information, click here
Official website here: www.lagunacottagesforseniors.org
What is the mission statement of Laguna Cottages For Seniors?
Laguna Cottages, a housing facility, is dedicated to providing affordable rental units for senior citizens aged 65 and above, whose income does not exceed a certain threshold. Residents pay 30% of their income as rent, which is recalculated annually to ensure affordability. The facility currently houses fifty-eight residents in its fifty-five units. The primary mission of Laguna Cottages is to ensure that elderly individuals with limited income have access to suitable housing options. The organization manages and maintains these units, covering expenses such as utility bills, gardening, management, and organizing social events for the residents.
Official website here: www.lagunacottagesforseniors.org
Who is the CEO of Laguna Cottages For Seniors?
Susan Wood is the Principal Officer of Laguna Cottages For Seniors.
Official website here: www.lagunacottagesforseniors.org
What is the revenue of Laguna Cottages For Seniors?
Laguna Cottages For Seniors's revenue in 2022 was $718,155.
Official website here: www.lagunacottagesforseniors.org
Who are the executives of Laguna Cottages For Seniors and what are their salaries?
The average compensation at Laguna Cottages For Seniors during 2022 was $36,458. There are 4 employees and 22 volunteers at Laguna Cottages For Seniors.
Here are 18 key members and their salaries:
- Christina Songer (Executive Dir.)
- Susanne Wood (President) [Trustee/Director]
- Shelley Rickard (Board Member) [Trustee/Director]
- Gail Persoon (Board Member) [Trustee/Director]
- Kitty Peri (Board Member) [Trustee/Director]
- Mary Standlee (Board Member) [Trustee/Director]
- Vicki Woolford (Secretary) [Trustee/Director]
- June Anderle (Board Member) [Trustee/Director]
- Patty Gonzalez (Board Member) [Trustee/Director]
- Marsha Messmore (Board Member) [Trustee/Director]
- Cheryl Johnson (Treasurer) [Trustee/Director]
- Susan Schmidt (Board Member) [Trustee/Director]
- Barbara Allen (Board Member) [Trustee/Director]
- Maury Treman (Board Member) [Trustee/Director]
- Jeri Waite (Board Member) [Trustee/Director]
- Cindy Abbott (Board Member) [Trustee/Director]
- Nora Taugher (Board Member) [Trustee/Director]
- Cara Deamicis (Vice President) [Trustee/Director]
Official website here: www.lagunacottagesforseniors.org
Where can I find the form 990 for Laguna Cottages For Seniors?
The Laguna Cottages For Seniors’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lagunacottagesforseniors.org
Learn more at the official website: www.lagunacottagesforseniors.org
Mission Statement of Laguna Cottages For Seniors
Laguna Cottages For Seniors is committed to providing affordable rental housing for low-income senior citizens, age 65 and above. The organization operates with the belief that residents should pay rent equal to 30% of their income. This income assessment is conducted annually, ensuring that rents are recalculated based on each resident's financial situation over the past year. As of now, Laguna Cottages houses fifty-eight senior residents in its fifty-five units. The organization assumes various expenses related to the upkeep of these units, including maintenance, utilities, gardening, management, and organizing social events for the residents. By offering affordable housing, Laguna Cottages For Seniors contributes to the well-being of its senior residents, enabling them to maintain a decent standard of living.
Impact
This information is meant to be a general summary of Laguna Cottages For Seniors. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
Laguna Cottages For Seniors provides a crucial service by offering affordable rental housing for low-income seniors aged 65 and above in Santa Barbara, California. With a mission to ensure that seniors have access to safe and affordable housing, Laguna Cottages manages and maintains fifty-five units for fifty-eight residents. By charging rent at a rate of 30% of residents' incomes and recalculating annually, Laguna Cottages helps seniors live with dignity and security. This impact extends beyond just providing housing, as the organization also organizes social events for residents, fostering a sense of community and well-being among the seniors they serve.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Low cost rent
Revenue
$424,746
Organization Details
Founding Year
1953
Phone
(805) 965-1179
Principal Officer
Susan Wood
Main Address
803 Laguna St, Santa Barbara, CA, 93101
NTEE Category
Code: L22Z - Housing
If you are a representative of Laguna Cottages For Seniors 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.