Mount Carmel Housing Inc

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

EIN: 222809776 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

Overview

What is Mount Carmel Housing Inc?

Mount Carmel Housing Inc is a nonprofit organization situated in Worcester, Massachusetts. The primary focus of this organization is to cater to the needs of elderly and handicapped individuals by offering them suitable housing facilities and essential services. The 75-unit apartment building operated by Mount Carmel Housing Inc is specifically designed to meet the unique requirements of these individuals, ensuring they receive the physical, social, and psychological support they need. The mission of Mount Carmel Housing Inc is deeply rooted in its commitment to enriching the lives of its residents by providing them with a nurturing environment that caters to their specific needs.


Is Mount Carmel Housing Inc legitimate?

Mount Carmel Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Carmel Housing 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: $247,909

For more financial information, click here


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

Mission Statement of Mount Carmel Housing Inc

Mount Carmel Housing Inc is dedicated to providing elderly and handicapped individuals with housing facilities and services tailored to meet their unique needs. The organization's mission is to offer housing and support that caters to the physical, social, and psychological requirements of these individuals. By operating a 75-unit apartment building, specifically designed for qualified elderly and handicapped individuals, Mount Carmel Housing Inc aims to create a living space that fosters comfort and independence. This approach allows the residents to maintain their dignity while receiving the care they require.

Impact

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




Thursday, August 15, 2024

Mount Carmel Housing Inc's impact is significant as it provides vital housing facilities and services specifically tailored to meet the needs of elderly and handicapped individuals. By owning and operating a 75-unit apartment building in Worcester, MA, this organization plays a crucial role in enhancing the quality of life for qualified individuals who require specialized support. Through their mission to address the physical, social, and psychological needs of this demographic, Mount Carmel Housing Inc positively impacts the lives of elderly and handicapped persons by providing a safe and supportive living environment.





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: $6,698
  • Program Service Revenue: $1,179,582
  • Gross Receipts: $1,187,244

    • Assets and Liabilities:
  • Total Assets: $2,868,855
  • Total Liabilities: $5,127,210
  • Net Assets: -$2,258,355
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,179,582

    Organization Details

    Founding Year

    1987

    Principal Officer

    Msgr F Stephen Pedone

    Main Address

    50 SHREWSBURY STREET, WORCESTER, MA, 01604

    If you are a representative of Mount Carmel Housing 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.