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Grit Inc

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

EIN: 237359252 ✦ Wilkesbarre, PA ✦ Designated as a 501(c)(3)

Overview

What is Grit Inc?

Grit Inc is a nonprofit organization situated in Wilkes-Barre, Pennsylvania. Their primary mission is to offer affordable apartment rentals specifically designed for the elderly community. The complex they manage, housing 152 units, provides essential amenities such as laundry facilities, vending machines, and parking, all exclusively catering to the elderly residents. These services aim to enhance their living experience, ensuring their comfort and convenience.


Is Grit Inc legitimate?

Grit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grit 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: $221,108

For more financial information, click here


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

Mission Statement of Grit Inc

Grit Inc, a nonprofit organization, is committed to providing a vital service. Its mission is centered around offering affordable apartment rentals specifically tailored for the elderly community. This mission is carried out through the operation of 152 apartments, which are exclusively reserved for senior citizens. The services provided within these apartments go beyond just housing. They include amenities such as laundry facilities, vending machines, and parking spaces, all designed with the elderly population in mind. These services are intended to enhance the quality of life for the elderly residents, making their living experience more comfortable and convenient.

Impact

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




Thursday, August 15, 2024

Grit Inc's impact lies in providing affordable apartment rentals exclusively for the elderly in Wilkesbarre, PA. With 152 units rented out, they offer a range of services tailored to meet the needs of elderly residents, including laundry, vending machines, and parking facilities. Their mission to ensure housing affordability for the elderly in the area directly addresses a crucial societal need, making a meaningful difference in the lives of their residents.





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: $715
  • Program Service Revenue: $1,615,296
  • Gross Receipts: $1,616,011

    • Assets and Liabilities:
  • Total Assets: $3,396,046
  • Total Liabilities: $3,052,960
  • Net Assets: $343,086
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,607,326

    LAUNDRY INCOME

    Revenue

    $8,412

    TENANT CHARGES

    Revenue

    $-442

    Organization Details

    Founding Year

    1972

    Principal Officer

    Mary Dysleski

    Main Address

    163 S WASHINGTON ST, WILKESBARRE, PA, 18701

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Grit 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.