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Congregational Retirement Homes Ii Inc

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

EIN: 237234527 ✦ Melrose, MA ✦ Designated as a 501(c)(3)

Overview

What is Congregational Retirement Homes Ii Inc?

Congregational Retirement Homes Ii Inc is a nonprofit organization located at 200 West Foster Street, Melrose, Massachusetts. The primary mission of this organization is to provide retirement housing for individuals with low to middle income, operating under the HUD 202/Section 8 housing programs. All expenses incurred by Congregational Retirement Homes Ii Inc are solely dedicated to managing and operating this retirement home, ensuring a comfortable living environment for its residents.


Is Congregational Retirement Homes Ii Inc legitimate?

Congregational Retirement Homes Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Congregational Retirement Homes Ii 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 Congregational Retirement Homes Ii Inc?
Who is the CEO of Congregational Retirement Homes Ii Inc?
What is the revenue of Congregational Retirement Homes Ii Inc?
Who are the executives of Congregational Retirement Homes Ii Inc and what are their salaries?
Where can I find the form 990 for Congregational Retirement Homes Ii Inc?

Mission Statement of Congregational Retirement Homes Ii Inc

Congregational Retirement Homes II Inc is committed to providing retirement housing for individuals with modest to moderate income. This mission is carried out under the auspices of the HUD 202/Section 8 housing programs. The organization's primary goal is to manage and operate this retirement home, ensuring that all expenditures are directly attributed to this purpose. By doing so, Congregational Retirement Homes II Inc aims to offer a comfortable living environment for its residents, catering to their needs during their retirement years.

Impact

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




Thursday, August 15, 2024

Congregational Retirement Homes II Inc's impact is focused on providing essential retirement housing to low to middle-income individuals under the HUD 202/Section 8 housing programs. By offering affordable housing options, the organization addresses a critical need in the community, ensuring that seniors have access to safe and comfortable living arrangements in their golden years. Their mission to serve this demographic aligns with a commitment to promote financial stability and quality of life for retirees who may face housing challenges. Through their dedicated efforts, Congregational Retirement Homes II Inc contributes positively to the well-being and security of older adults in the Melrose, MA area.





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: $42,569
  • Program Service Revenue: $2,480,879
  • Gross Receipts: $2,523,448

    • Assets and Liabilities:
  • Total Assets: $8,643,575
  • Total Liabilities: $200,159
  • Net Assets: $8,443,416
  • Programs

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

    TENANT ASSISTANCE PAYM

    Revenue

    $1,791,389

    RENTAL REVENUE

    Revenue

    $683,115

    LAUNDRY AND VENDING

    Revenue

    $6,375

    Organization Details

    Founding Year

    1972

    Principal Officer

    Paul Perkins

    Main Address

    200 WEST FOSTER STREET, MELROSE, MA, 02176

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Congregational Retirement Homes Ii 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.