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St Mary's Apartmentsinc C/O Maloney Properties Inc

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

EIN: 043435218 ✦ Wellesley, MA ✦ Designated as a 501(c)(3)

Overview

What is St Mary's Apartmentsinc C/O Maloney Properties Inc?

St. Mary's Apartmentsinc C/O Maloney Properties Inc is a nonprofit organization situated at 27 Mica Lane, Wellsley, Massachusetts. Their primary focus is to offer affordable housing facilities and services to eligible individuals, adhering to regulations under HUD sections 202 and 8. Their mission is dedicated to enriching the lives of elderly people by providing them with suitable housing accommodations. The organization strives to ensure that these facilities meet the needs of their residents, offering them a comfortable and secure living environment.


Is St Mary's Apartmentsinc C/O Maloney Properties Inc legitimate?

St Mary's Apartmentsinc C/O Maloney Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary's Apartmentsinc C/O Maloney Properties 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: $218,957

For more financial information, click here


What is the mission statement of St Mary's Apartmentsinc C/O Maloney Properties Inc?
Who is the CEO of St Mary's Apartmentsinc C/O Maloney Properties Inc?
What is the revenue of St Mary's Apartmentsinc C/O Maloney Properties Inc?
Who are the executives of St Mary's Apartmentsinc C/O Maloney Properties Inc and what are their salaries?
Where can I find the form 990 for St Mary's Apartmentsinc C/O Maloney Properties Inc?

Mission Statement of St Mary's Apartmentsinc C/O Maloney Properties Inc

St. Mary's Apartments Inc., under the leadership of Maloney Properties Inc., is committed to providing affordable housing for qualified individuals. Their mission is centered around elderly persons, offering them housing facilities and services that are both affordable and regulated under HUD regulations, specifically Sections 202 and 8.

This nonprofit organization aims to create a living environment that is both comfortable and within reach for elderly persons. By providing housing facilities, St. Mary's Apartments Inc. ensures that elderly individuals have a secure and suitable place to reside. Moreover, the organization goes beyond just providing a place to live by offering essential services to its residents. This holistic approach to senior care is designed to enhance the quality of life for elderly persons, providing them with the support they need to live independently and comfortably.

Impact

This information is meant to be a general summary of St Mary's Apartmentsinc C/O Maloney Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

St. Mary's Apartments Inc, managed by Maloney Properties Inc, provides affordable housing to elderly persons in Wellesley, MA. By offering housing facilities and services, this organization plays a crucial role in supporting elderly individuals with their housing needs. Through rental assistance programs under HUD regulations, St. Mary's Apartments Inc helps qualified individuals access safe and affordable housing options. This impact contributes to improving the overall well-being and quality of life for the elderly population 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: $1,030
  • Program Service Revenue: $966,517
  • Gross Receipts: $975,190

    • Assets and Liabilities:
  • Total Assets: $4,662,703
  • Total Liabilities: $8,692,493
  • Net Assets: -$4,029,790
  • Programs

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

    RENTAL INCOME

    Revenue

    $966,517

    Organization Details

    Founding Year

    1998

    Principal Officer

    Revmichael Nolan

    Main Address

    27 MICA LANE, WELLESLEY, MA, 024811707

    NTEE Category

    Code: L210 - Housing

    If you are a representative of St Mary's Apartmentsinc C/O Maloney Properties 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.