The Salvation Army Albuquerque Residences Inc

Organization Overview

The Salvation Army Albuquerque Residences Inc is located in Rancho Palos Verdes, CA. The organization was established in 1994. According to its NTEE Classification (P24) the organization is classified as: Salvation Army, under the broad grouping of Human Services and related organizations. As of 09/2021, Salvation Army Albuquerque Residences Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salvation Army Albuquerque Residences Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Salvation Army Albuquerque Residences Inc generated $439.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $467.3k during the year ending 09/2021. While expenses have increased by 1.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SALVATION ARMY ALBUQUERQUE RESIDENCES, INC IS A NON-PROFIT APARTMENT COMPLEX THAT PROVIDES SUBSIDIZED HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC IS A NON-PROFIT 56 UNIT APARTMENT COMPLEX THAT PROVIDED SUBSIDIZED HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED PERSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Kelly Igleheart
VP
$0
Douglas Riley
President
$0
Kelly Pontsler
Treasurer
$0
Donna Igleheart
Director
$0
Colleen Riley
Director
$0
Lisa Smith
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $263,084
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$263,084
Total Program Service Revenue$176,631
Investment income $47
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $439,762

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