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Webster Housing For The Elderly Inc

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

EIN: 222827292 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

Overview

What is Webster Housing For The Elderly Inc?

Webster Housing For The Elderly Inc is a nonprofit organization situated in Worcester, Massachusetts, specifically at 191 May Street. Their primary objective is to provide affordable residential housing for the elderly population residing in Webster, Massachusetts. To achieve this goal, they engage in activities such as acquiring, constructing, rehabilitating, and operating a total of 70 housing units designed specifically for elderly individuals. By doing so, they aim to contribute positively to the community by providing a suitable living environment for the elderly, ensuring they maintain a comfortable and secure living situation.


Is Webster Housing For The Elderly Inc legitimate?

Webster Housing For The Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Webster Housing For The Elderly 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 Webster Housing For The Elderly Inc?
Who is the CEO of Webster Housing For The Elderly Inc?
What is the revenue of Webster Housing For The Elderly Inc?
Who are the executives of Webster Housing For The Elderly Inc and what are their salaries?
Where can I find the form 990 for Webster Housing For The Elderly Inc?

Mission Statement of Webster Housing For The Elderly Inc

Webster Housing For The Elderly Inc is dedicated to providing affordable residential housing for elderly individuals. This nonprofit organization's mission is centered around acquiring, constructing, rehabilitating, and operating 70 units of affordable housing specifically designed for the elderly population. By offering such housing, Webster Housing For The Elderly Inc aims to contribute to the well-being and comfort of elderly people, providing them with a suitable living environment. The organization's mission is instrumental in addressing the housing needs of the elderly, ensuring that they can maintain their independence and dignity in their later years.

Impact

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




Thursday, August 15, 2024

Webster Housing For The Elderly Inc's impact is significant in providing affordable residential housing for elderly persons in Webster, Massachusetts. They have acquired, constructed, rehabilitated, and operate 70 units of affordable housing specifically tailored to meet the needs of elderly individuals in the community. By offering affordable housing options, they are helping elderly residents maintain a safe and comfortable living environment as they age. This initiative not only addresses the housing needs of the elderly population but also contributes to their overall well-being and quality of life.





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: $-10,406
  • Program Service Revenue: $314,572
  • Gross Receipts: $897,262

    • Assets and Liabilities:
  • Total Assets: $1,900,701
  • Total Liabilities: $3,254,122
  • Net Assets: -$1,353,421
  • Programs

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

    RENTAL INCOME

    Revenue

    $314,572

    Organization Details

    Founding Year

    1987

    Principal Officer

    Brian Scales

    Main Address

    191 MAY STREET, WORCESTER, MA, 01602

    NTEE Category

    Code: L21Z - Housing

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