Island Elderly Housing Inc

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

EIN: 042638453 ✦ Vineyard haven, MA ✦ Designated as a 501(c)(3)

Overview

What is Island Elderly Housing Inc?

Island Elderly Housing Inc. is a nonprofit organization dedicated to offering affordable housing solutions for the elderly and individuals with disabilities. Their primary mission involves providing a living space that is financially accessible for this specific population group, ensuring they have a stable and secure environment to reside in. The organization's activities and mission are centered around this core goal, aiming to bridge the housing affordability gap and promote a dignified living experience for the elderly and disabled community.


Official website here: www.iehmv.org

Is Island Elderly Housing Inc legitimate?

Island Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Elderly Housing 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: $340,245

For more financial information, click here


Official website here: www.iehmv.org

What is the mission statement of Island Elderly Housing Inc?

Island Elderly Housing Inc is committed to providing affordable housing solutions for elderly and disabled individuals. Their mission is centered around ensuring that these vulnerable groups have access to suitable living arrangements. Through their efforts, they strive to make housing more affordable for the elderly and disabled population, thereby improving their quality of life. The organization's activities are solely focused on this mission, aiming to provide affordable housing options for those in need.


Official website here: www.iehmv.org

Who is the CEO of Island Elderly Housing Inc?

Dorothy Young is the Principal Officer of Island Elderly Housing Inc.


Official website here: www.iehmv.org

What is the revenue of Island Elderly Housing Inc?

Island Elderly Housing Inc's revenue in 2023 was $1,196,618.


Official website here: www.iehmv.org

Who are the executives of Island Elderly Housing Inc and what are their salaries?

The average compensation at Island Elderly Housing Inc during 2023 was $18,902. There are 18 employees at Island Elderly Housing Inc.

Here are 6 key members and their salaries:

    Simone Desorcy (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Lytle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Edmunds (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cole Powers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jemima James (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa C Morrison (Vp) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.iehmv.org

    Where can I find the form 990 for Island Elderly Housing Inc?

    The Island Elderly Housing Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.iehmv.org

    Learn more at the official website: www.iehmv.org

    Mission Statement of Island Elderly Housing Inc

    Island Elderly Housing Inc, a dedicated nonprofit organization, is committed to providing affordable housing solutions for the elderly and disabled individuals. The primary mission of this organization is centered around ensuring that these vulnerable groups have access to suitable living spaces that cater to their specific needs. By offering affordable housing options, Island Elderly Housing Inc aims to provide a sense of security and independence to its residents, allowing them to live comfortably and with dignity. The organization's actions directly contribute to enhancing the quality of life for the elderly and disabled community, thereby fostering a sense of community and belonging.

    Impact

    This information is meant to be a general summary of Island Elderly Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Island Elderly Housing Inc's impact is vital in providing affordable housing for the elderly and disabled in Vineyard Haven, MA. Through its mission to offer accessible and affordable housing options, this organization plays a significant role in supporting vulnerable populations in the community by ensuring they have a safe and comfortable place to call home. Island Elderly Housing Inc's efforts contribute to enhancing the quality of life for elderly and disabled individuals, fostering a sense of security and well-being as they age in place.





    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 2023.

  • Investment Income: $8,886
  • Program Service Revenue: $778,360
  • Gross Receipts: $1,199,111

    • Assets and Liabilities:
  • Total Assets: $3,489,593
  • Total Liabilities: $2,874,139
  • Net Assets: $615,454
  • Programs

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

    RENTAL INCOME

    Revenue

    $692,888

    INTEREST SUBSIDY

    Revenue

    $85,472

    Organization Details

    Founding Year

    1977

    Principal Officer

    Dorothy Young

    Main Address

    60B VILLAGE ROAD, VINEYARD HAVEN, MA, 02568

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Island Elderly Housing 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.