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Monsignor Neagle Apartments Inc

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

EIN: 043241775 ✦ Malden, MA ✦ Designated as a 501(c)(3)

Overview

What is Monsignor Neagle Apartments Inc?

Monsignor Neagle Apartments Inc is a nonprofit organization situated in Malden, Massachusetts, with a specific focus on providing affordable housing. The organization operates a 76-unit residential property, catering to elderly and handicapped individuals who meet HUD-established income limits. Their primary mission is to offer affordable housing and related services to this demographic, aiming to contribute positively to their community.


Is Monsignor Neagle Apartments Inc legitimate?

Monsignor Neagle Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monsignor Neagle Apartments 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: $227,086

For more financial information, click here


What is the mission statement of Monsignor Neagle Apartments Inc?
Who is the CEO of Monsignor Neagle Apartments Inc?
What is the revenue of Monsignor Neagle Apartments Inc?
Who are the executives of Monsignor Neagle Apartments Inc and what are their salaries?
Where can I find the form 990 for Monsignor Neagle Apartments Inc?

Mission Statement of Monsignor Neagle Apartments Inc

Monsignor Neagle Apartments Inc, a nonprofit organization, is dedicated to providing affordable housing and related services to elderly persons. Its mission is to operate a residential rental property, specifically a 76-unit complex, catering to elderly and handicapped individuals who meet the income limits established by HUD. This housing initiative enables these individuals to reside in a secure and affordable environment. By offering such services, Monsignor Neagle Apartments Inc contributes to the well-being and independence of elderly persons, ensuring they can maintain a decent quality of life.

Impact

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




Saturday, July 20, 2024

Monsignor Neagle Apartments Inc's impact lies in its provision of affordable housing to elderly and handicapped individuals who meet HUD-established income limits in Malden, MA. Through its operation of a 76-unit residential rental property, the organization addresses the critical need for accessible housing for these vulnerable populations. By offering affordable housing options and related services, Monsignor Neagle Apartments Inc contributes to enhancing the quality of life for elderly individuals in the community.





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: $5,835
  • Program Service Revenue: $892,060
  • Gross Receipts: $1,127,302

    • Assets and Liabilities:
  • Total Assets: $4,219,262
  • Total Liabilities: $119,327
  • Net Assets: $4,099,935
  • Programs

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

    RENTAL INCOME

    Revenue

    $891,725

    TENANT CHARGES

    Revenue

    $335

    Organization Details

    Founding Year

    1994

    Principal Officer

    Joseph Antonelli

    Main Address

    350 CHARLES STREET, MALDEN, MA, 02148

    NTEE Category

    Code: L22Z - Housing

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