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Allegre Point Senior Residences Inc

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

EIN: 204295472 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Allegre Point Senior Residences Inc?

Allegre Point Senior Residences Inc is a nonprofit organization established in 2006 under the state of Georgia, with a primary objective to construct, develop, and manage affordable housing for families, seniors, and individuals with special needs. They aim to provide housing that is both affordable and program-enriched, catering to those who lack necessary resources. Operating under Section 202 of the Housing Act of 1959, Allegre Point Senior Residences Inc is regulated by HUD in terms of rent charges and operating methods. The organization manages a 67-unit project located in Decatur, Georgia, operating under the name Allegre Point Senior Residences.


Official website here: www.mercyhousing.org

Is Allegre Point Senior Residences Inc legitimate?

Allegre Point Senior Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allegre Point Senior Residences 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: $100,853

For more financial information, click here


Official website here: www.mercyhousing.org

What is the mission statement of Allegre Point Senior Residences Inc?

Allegre Point Senior Residences Inc is dedicated to financing, developing, and operating affordable housing for families, seniors, and individuals with special needs who lack necessary resources. Their purpose is to provide program-enriched housing, ensuring that these groups have access to essential living facilities. By operating under this mission, Allegre Point Senior Residences Inc aims to contribute positively to the lives of those in need, offering them a secure and enriching living environment.


Official website here: www.mercyhousing.org

Who is the CEO of Allegre Point Senior Residences Inc?

James Alexander is the President of Allegre Point Senior Residences Inc.


Official website here: www.mercyhousing.org

What is the revenue of Allegre Point Senior Residences Inc?

Allegre Point Senior Residences Inc's revenue in 2022 was $502,925.


Official website here: www.mercyhousing.org

Who are the executives of Allegre Point Senior Residences Inc and what are their salaries?

Here are 12 key members and their salaries:

    Melissa Clayton (Vice President)
  • Compensation: $0
  • Related: $228,009
  • Other: $33,552

    • James Alexander (President)
  • Compensation: $0
  • Related: $233,119
  • Other: $11,765

    • Joseph Rosenblum (Secretary/Director)
  • Compensation: $0
  • Related: $215,449
  • Other: $8,873

    • Chad Payne (Treasurer)
  • Compensation: $0
  • Related: $189,811
  • Other: $4,240

    • Kassidi Boening (Vice President)
  • Compensation: $0
  • Related: $134,820
  • Other: $30,258

    • Bobby Artis (Director)
  • Compensation: $0
  • Related: $104,597
  • Other: $45,941

    • Anyeka Wallace (Director)
  • Compensation: $0
  • Related: $127,814
  • Other: $21,025

    • Ronit Hoffer (Director)
  • Compensation: $0
  • Related: $101,279
  • Other: $44,473

    • Selena Freeman (Director)
  • Compensation: $0
  • Related: $100,631
  • Other: $27,789

    • Bruce Saab (Vice President)
  • Compensation: $0
  • Related: $94,309
  • Other: $16,925

    • Elaine Williams (Director)
  • Compensation: $0
  • Related: $63,576
  • Other: $14,262

    • Terry Steiden (Director)
  • Compensation: $0
  • Related: $62,977
  • Other: $14,353


  • Official website here: www.mercyhousing.org

    Where can I find the form 990 for Allegre Point Senior Residences Inc?

    The Allegre Point Senior Residences Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mercyhousing.org

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

    Mission Statement of Allegre Point Senior Residences Inc

    Allegre Point Senior Residences Inc, established as a non-profit corporation, is dedicated to financing, developing, and operating affordable, program-enriched housing for families, seniors, and individuals with special needs who are lacking in necessary resources. The organization's primary purpose is to ensure that vulnerable populations have access to a living space that caters to their specific needs, while also providing enriching programs to enhance their quality of life. By constructing, developing, and operating low-income residential housing projects, Allegre Point Senior Residences Inc aims to make a significant impact in the lives of those who require such assistance. The organization's mission is aligned with the Housing Act of 1959, as regulated by HUD, ensuring that rent charges and operating methods adhere to strict guidelines. The property operated by Allegre Point Senior Residences Inc, located in Decatur, Georgia, currently consists of 67 rental units, providing a safe and affordable living environment for its residents.

    Impact

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




    Wednesday, July 24, 2024

    Allegre Point Senior Residences Inc's impact lies in providing affordable, program-enriched housing for families, seniors, and people with special needs who lack necessary resources. By financing, developing, and operating such housing projects, Allegre Point contributes to addressing the pressing issue of housing insecurity among vulnerable populations. Through its work, Allegre Point Senior Residences Inc directly improves the quality of life for those in need of affordable housing, offering a safe and supportive environment for individuals and families to thrive.





    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: $104
  • Program Service Revenue: $229,747
  • Gross Receipts: $502,925

    • Assets and Liabilities:
  • Total Assets: $3,529,709
  • Total Liabilities: $72,037
  • Net Assets: $3,457,672
  • Programs

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

    NET RENTAL REVENUE

    Revenue

    $226,217

    ANCILLARY SERVICES

    Revenue

    $3,027

    OTHER REVENUE

    Revenue

    $503

    Organization Details

    Founding Year

    2006

    Principal Officer

    James Alexander

    Main Address

    1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

    NTEE Category

    Code: L22 - Housing

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