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Woolard Homes Inc

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

EIN: 200687580 ✦ Frederick, MD ✦ Designated as a 501(c)(3)

Overview

What is Woolard Homes Inc?

Woolard Homes Inc, a nonprofit based in Frederick, Maryland, is dedicated to providing affordable housing for the chronically mentally disabled. In alignment with Section 811 of the National Affordable Housing Act, they strive to offer suitable accommodations for this specific demographic, focusing on enhancing their quality of life and promoting overall well-being. The organization's mission is centered around ensuring affordable housing for the chronically mentally disabled, thus contributing positively to their communities.


Is Woolard Homes Inc legitimate?

Woolard Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woolard Homes 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: $0

For more financial information, click here


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

Mission Statement of Woolard Homes Inc

Woolard Homes Inc, a nonprofit organization, is dedicated to providing affordable housing for the chronically mentally disabled. In alignment with Section 811 of the National Affordable Housing Act, Woolard Homes strives to create a living environment that caters to this specific group of individuals. Their mission is clearly defined: to offer affordable housing solutions to those struggling with long-term mental disabilities. By doing so, Woolard Homes Inc seeks to enhance the quality of life for these individuals, ensuring they have a stable and supportive living situation. Their work is undertaken under an exempt status, reflecting their commitment to this noble cause.

Impact

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




Tuesday, June 18, 2024

Woolard Homes Inc's impact is crucial in providing affordable housing to the chronically mentally disabled in accordance with the Section 811 of the National Affordable Housing Act. By offering a stable and supportive living environment for this vulnerable population, Woolard Homes Inc plays a significant role in improving the quality of life for those in need. Their mission to address the housing needs of the chronically mentally disabled underscores their commitment to promoting mental health and well-being within 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 2022.

  • Investment Income: $6
  • Program Service Revenue: $98,464
  • Gross Receipts: $98,470

    • Assets and Liabilities:
  • Total Assets: $985,888
  • Total Liabilities: $1,246,558
  • Net Assets: -$260,670
  • Programs

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

    RENTAL INCOME

    Revenue

    $98,464

    Organization Details

    Founding Year

    2004

    Principal Officer

    Sarah Norman

    Main Address

    PO BOX 3734, FREDERICK, MD, 21705

    NTEE Category

    Code: F33 - Mental health

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