Old Town Residential Services Corp

The Meadows

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

EIN: 110025004 ✦ Old town, ME ✦ Designated as a 501(c)(3)

Overview

What is Old Town Residential Services Corp?

Old Town Residential Services Corp, also known as The Meadows, is a nonprofit organization situated in Old Town, Maine. Their primary mission is to offer affordable housing options to qualified low-income individuals. The organization, with a workforce of 19, strives to make housing more accessible for those in need, thus contributing significantly to the local community. Their activities are centered around providing affordable housing, making them a crucial resource for those struggling financially in the region.


Is Old Town Residential Services Corp legitimate?

Old Town Residential Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Town Residential Services Corp 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: $447,567

For more financial information, click here


What is the mission statement of Old Town Residential Services Corp?
Who is the CEO of Old Town Residential Services Corp?
What is the revenue of Old Town Residential Services Corp?
Who are the executives of Old Town Residential Services Corp and what are their salaries?
Where can I find the form 990 for Old Town Residential Services Corp?

Mission Statement of Old Town Residential Services Corp

Old Town Residential Services Corp is committed to providing a vital service within its mission. This organization focuses on addressing the housing needs of individuals with limited income. By offering affordable housing and related services, Old Town Residential Services Corp aims to make a significant difference in the lives of its qualified recipients. The corporation's primary objective is to ensure that low-income individuals have access to adequate housing, thereby contributing to their overall well-being and stability.

Impact

This information is meant to be a general summary of Old Town Residential Services Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Old Town Residential Services Corp's impact lies in providing affordable housing for low-income individuals in Old Town, ME. By offering this crucial service, the organization directly contributes to improving the quality of life for those in need, ensuring they have a safe and stable place to live. This, in turn, helps to address issues of homelessness, poverty, and housing insecurity in the community, ultimately making a tangible difference in the lives of individuals and families facing financial hardship.





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: $4,762
  • Program Service Revenue: $965,175
  • Gross Receipts: $970,612

    • Assets and Liabilities:
  • Total Assets: $1,261,290
  • Total Liabilities: $635,848
  • Net Assets: $625,442
  • Programs

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

    HOUSING

    Revenue

    $917,000

    MEALS

    Revenue

    $48,175

    Organization Details

    Founding Year

    1994

    Principal Officer

    Laurie Miller

    Main Address

    PO BOX 404, OLD TOWN, ME, 04468

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Old Town Residential Services Corp 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.