Overview
What is Medford Community Center Inc?
Medford Community Center Inc, located at 42 Water Street, Medford, MA 02155, is a nonprofit organization dedicated to providing subsidized housing for low-income senior citizens. Operating under Section 202, they manage a 35-apartment building, aiming to provide a comfortable living environment for this particular demographic. Their mission is deeply rooted in supporting the elderly community by offering subsidized housing options, thereby contributing to a more inclusive and equitable living environment.
Is Medford Community Center Inc legitimate?
Medford Community Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medford Community Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,931
For more financial information, click here
What is the mission statement of Medford Community Center Inc?
Medford Community Center Inc's mission is centered around providing subsidized housing for senior citizens who fall under the income bracket specified by Section 202. This organization, financed by HUD, operates a building consisting of thirty-five apartments, specifically designed for low-income elderly residents. Their primary objective is to ensure that these individuals have access to affordable housing, thereby contributing to their overall well-being.
Who is the CEO of Medford Community Center Inc?
Adam Ameden is the President of Medford Community Center Inc.
What is the revenue of Medford Community Center Inc?
Medford Community Center Inc's revenue in 2022 was $840,557.
Who are the executives of Medford Community Center Inc and what are their salaries?
- Adam Ameden (President) [Trustee/Director]
Where can I find the form 990 for Medford Community Center Inc?
The Medford Community Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Medford Community Center Inc
Medford Community Center Inc is dedicated to providing subsidized housing for low-income senior citizens who meet the criteria under Section 202. This nonprofit organization aims to create a living environment that is accessible and affordable for this specific demographic, thereby contributing to their well-being and quality of life. The housing provided by Medford Community Center Inc is financed by the HUD, resulting in a subsidized apartment building consisting of thirty-five units designed for senior citizens. This housing solution is an essential resource for elderly individuals who may be struggling financially, enabling them to maintain their independence and dignity while living in a secure and supportive community.
Impact
This information is meant to be a general summary of Medford Community Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Medford Community Center Inc's impact is significant in providing subsidized housing for low-income senior citizens who qualify under Section 202. Through their HUD-financed subsidized apartment building in Medford, MA, they offer a vital resource consisting of thirty-five apartments specifically designed for the needs of low-income senior residents. By fulfilling their mission to provide affordable housing for vulnerable seniors, Medford Community Center Inc plays a crucial role in supporting the well-being and quality of life of this demographic in the community.
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.
RENTAL INCOME
Revenue
$839,079
Organization Details
Founding Year
1960
Phone
(781) 395-7660
Principal Officer
Adam Ameden
Main Address
42 WATER STREET, MEDFORD, MA, 02155
NTEE Category
Code: L21Z - Housing
If you are a representative of Medford Community Center Inc 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.