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Umphress Terrace

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

EIN: 204572509 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

Overview

What is Umphress Terrace?

Umphress Terrace is a 53-unit residential living community situated in Dallas, Texas (75214). As a nonprofit organization, its primary mission is to offer affordable housing to seniors aged 62 and older with limited income, residing within a secure, gated environment. This community aims to serve low-income seniors, providing them with a comfortable living space to call home. The organization employs a small team of five individuals, committed to upholding this noble cause.


Official website here: www.umphressterrace.org/

Is Umphress Terrace legitimate?

Umphress Terrace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Umphress Terrace 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: $101,533

For more financial information, click here


Official website here: www.umphressterrace.org/

What is the mission statement of Umphress Terrace?

Umphress Terrace is committed to providing affordable housing for low-income seniors. This mission is carried out by offering residential living facilities to individuals aged 62 and above with limited income, ensconced within a secure gated community consisting of 53 units. The organization's primary goal is to ensure that senior citizens in need of affordable housing have access to a comfortable living environment.


Official website here: www.umphressterrace.org/

Who is the CEO of Umphress Terrace?

Russell Crews is the Chair of Umphress Terrace. The CEO's salary of Umphress Terrace is $0 and their total compensation is $254,995.


Official website here: www.umphressterrace.org/

What is the revenue of Umphress Terrace?

Umphress Terrace's revenue in 2022 was $463,814.


Official website here: www.umphressterrace.org/

Who are the executives of Umphress Terrace and what are their salaries?

The average compensation at Umphress Terrace during 2022 was $20,307. There are 5 employees and 15 volunteers at Umphress Terrace.

Here are 7 key members and their salaries (Umphress Terrace's CEO's salary is $0 and their total compensation is $254,995):

    Russell Crews (President/Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $254,995
  • Other: $0

    • Erma Saracho (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Shields (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Rick Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Cothrum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamika Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Stanford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.umphressterrace.org/

    Where can I find the form 990 for Umphress Terrace?

    The Umphress Terrace’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.umphressterrace.org/

    Learn more at the official website: www.umphressterrace.org/

    Mission Statement of Umphress Terrace

    Umphress Terrace, a nonprofit organization, is dedicated to providing affordable housing to senior citizens who have limited income. This community, home to 53 residents aged 62 and above, offers a secure living environment with residential units. The mission of Umphress Terrace is to ensure that elderly individuals can maintain a comfortable living standard, despite their financial constraints. By providing affordable housing, this organization aims to empower seniors and contribute to their overall well-being.

    Impact

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




    Wednesday, July 24, 2024

    Umphress Terrace's impact is significant in providing affordable housing to low-income seniors aged 62 and older in a gated 53-unit residential living community in Dallas, Texas. This organization plays a vital role in addressing the housing needs of a vulnerable population, ensuring that seniors with limited incomes have a safe and secure place to live. By offering affordable housing options, Umphress Terrace helps seniors maintain their independence and quality of life, contributing to their overall well-being and stability.





    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: $47
  • Program Service Revenue: $402,093
  • Gross Receipts: $463,814

    • Assets and Liabilities:
  • Total Assets: $3,577,718
  • Total Liabilities: $442,060
  • Net Assets: $3,135,658
  • Programs

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

    RENTAL INCOME

    Revenue

    $402,093

    Organization Details

    Founding Year

    2006

    Principal Officer

    Russell Crews

    Main Address

    4847 WEST LAWTHER DRIVE 100, DALLAS, TX, 75214

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Umphress Terrace 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.