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Mattapan Center For Life C/O Maloney Properties Inc

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

EIN: 223301362 ✦ Wellesley, MA ✦ Designated as a 501(c)(3)

Overview

What is Mattapan Center For Life C/O Maloney Properties Inc?

Mattapan Center For Life C/O Maloney Properties Inc is a nonprofit organization that specializes in providing housing solutions for low-income elderly individuals. Situated under the auspices of the U.S. Department of Housing and Urban Development, the organization operates with 45 subsidized units, funded through the Section 8 Housing Assistance Payments Program. This program aims to ensure affordable housing for its targeted demographic. The mission of Mattapan Center for Life is to serve as a shelter and a supportive living space for the elderly, providing them with a secure environment and the necessary assistance to maintain a comfortable lifestyle.


Is Mattapan Center For Life C/O Maloney Properties Inc legitimate?

Mattapan Center For Life C/O Maloney Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mattapan Center For Life C/O Maloney Properties 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 Mattapan Center For Life C/O Maloney Properties Inc?
Who is the CEO of Mattapan Center For Life C/O Maloney Properties Inc?
What is the revenue of Mattapan Center For Life C/O Maloney Properties Inc?
Who are the executives of Mattapan Center For Life C/O Maloney Properties Inc and what are their salaries?
Where can I find the form 990 for Mattapan Center For Life C/O Maloney Properties Inc?

Mission Statement of Mattapan Center For Life C/O Maloney Properties Inc

Mattapan Center for Life, overseen by Maloney Properties Inc., is dedicated to serving the housing needs of low-income elderly individuals. This nonprofit organization receives support from the U.S. Department of Housing and Urban Development, specifically through its Section 8 Housing Assistance Payments Program. The mission of Mattapan Center for Life is crystal clear: it aims to provide a suitable living environment for this particular demographic, ensuring they have access to decent and affordable housing. This commitment to supporting the elderly community is a testament to the organization's dedication to social welfare and its belief in the importance of a safe and comfortable living space for all individuals, regardless of their income level.

Impact

This information is meant to be a general summary of Mattapan Center For Life C/O Maloney Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Mattapan Center for Life, operated by Maloney Properties Inc, has a significant impact on the low-income elderly individuals it serves by providing them with much-needed affordable housing. Through its 45 subsidized units under the Section 8 Housing Assistance Payments Program, this organization plays a crucial role in addressing housing insecurity among the elderly population in Massachusetts. By ensuring that these individuals have access to safe and affordable housing, Mattapan Center for Life contributes to their overall well-being and quality of life. It serves as a beacon of support and stability for these vulnerable individuals, giving them a place to call home and a sense of security in their later years.





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: $80
  • Program Service Revenue: $576,040
  • Gross Receipts: $599,359

    • Assets and Liabilities:
  • Total Assets: $1,880,503
  • Total Liabilities: $4,066,773
  • Net Assets: -$2,186,270
  • Programs

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

    RENTAL INCOME

    Revenue

    $576,040

    Organization Details

    Founding Year

    1995

    Principal Officer

    John Wells

    Main Address

    27 MICA LANE, WELLESLEY, MA, 02481

    NTEE Category

    Code: L21 - Housing

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