Overview

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Est.

1992

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Salvation Army Albuquerque Residences Inc is a nonprofit organization focused on public affairs, specifically providing subsidized housing for low-income elderly or handicapped individuals in Albuquerque, New Mexico. With an operating budget of $466.7K and total revenue of $463.7K for the 2024 filing year, the organization relies on multiple funding sources, with no single funder contributing 50% or more of its revenue.

Mission Statement

THE SALVATION ARMY ALBUQUERQUE RESIDENCES, INC IS A NON-PROFIT APARTMENT COMPLEX THAT PROVIDES SUBSIDIZED HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED PERSONS.
Revenues
$463.7K
Expenses
$466.7K
Net Income:
-$3K
Assets
$1.5M
Liabilities
$512K
Net Assets:
+$975.7K
Operating Budget
$466.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
D
Douglas Riley
Board Member
C
Colleen Riley
Board Member
K
Kelly Pontsler
Board Member

Frequently Asked Questions

What is THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC’s budget?
In 2024, THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC reported an annual operating budget of around $467 thousand. More detailed financial information is available to registered users.
What causes does THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC support?
THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC supports work in Public affairs.
Where does THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC operate?
THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC is headquartered in RANCHO PALOS VERDES, CA.
Who funded THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC recently?
In 2022, THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC received grants from ALBUQUERQUE ROTARY CHARITABLE FOUNDATION INC and Lumen Clarke M Williams Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC received in 2022?
The largest grant to THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC in 2022 exceeds $10 thousand.
What is THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC’s reliance on government grants?
THE SALVATION ARMY ALBUQUERQUE RESIDENCES INC relied on government grants for more than 45% of their total revenue in 2024.