nonprofit logo

The Salvation Army Lake View Terrace Residences

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

EIN: 954784963 ✦ Rancho palos verdes, CA ✦ Designated as a 501(c)(3)

Overview

What is The Salvation Army Lake View Terrace Residences?

The Salvation Army Lake View Terrace Residences Inc. is a compassionate nonprofit organization situated in Rancho Palos Verdes, California. With a minimal workforce of just four individuals, this organization has dedicated its mission to providing affordable housing solutions for low-income elderly or handicapped individuals. The nonprofit operates as an apartment complex, offering subsidized living arrangements to these vulnerable populations, thereby offering them a secure and comfortable living environment.


Is The Salvation Army Lake View Terrace Residences legitimate?

The Salvation Army Lake View Terrace Residences is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salvation Army Lake View Terrace Residences 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: $107,857

For more financial information, click here


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

Mission Statement of The Salvation Army Lake View Terrace Residences

The Salvation Army Lake View Terrace Residences is a non-profit organization that dedicates its mission to providing subsidized housing for low-income elderly or handicapped individuals. This mission is carried out by offering a residential complex that serves as a sanctuary for those in need, ensuring they have access to a secure and affordable living space. By offering subsidized housing, this non-profit organization plays an essential role in alleviating the housing burden for a vulnerable population, thereby contributing to their overall well-being and independence.

Impact

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




Wednesday, July 24, 2024

The Salvation Army Lake View Terrace Residences provides subsidized housing to low-income elderly or handicapped individuals in Rancho Palos Verdes, CA. This organization plays a crucial role in supporting vulnerable populations by offering affordable and safe housing options. Through its mission, The Salvation Army Lake View Terrace Residences positively impacts the lives of its residents by providing them with a stable and secure living environment. This initiative helps promote independence, dignity, and overall well-being among those in need of assistance.





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: $824
  • Program Service Revenue: $257,057
  • Gross Receipts: $576,133

    • Assets and Liabilities:
  • Total Assets: $5,363,913
  • Total Liabilities: $2,809,367
  • Net Assets: $2,554,546
  • Programs

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

    RENTAL REVENUE

    Revenue

    $257,057

    Organization Details

    Founding Year

    2000

    Principal Officer

    Douglas Riley

    Main Address

    30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA, 90275

    NTEE Category

    Code: L20 - Housing

    If you are a representative of The Salvation Army Lake View Terrace Residences 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.