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Cedars Elderly Home Inc

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

EIN: 260057247 ✦ Methuen, MA ✦ Designated as a 501(c)(3)

Overview

What is Cedars Elderly Home Inc?

Cedars Elderly Home Inc, located at 222 Pelham Street, Methuen, MA 01844, is a nonprofit organization dedicated to serving low-income elderly individuals. Their primary mission is to provide suitable housing for this demographic, with 31 available apartments. The organization's work is centered around ensuring that elderly individuals in need have a secure and comfortable living space.


Is Cedars Elderly Home Inc legitimate?

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

Mission Statement of Cedars Elderly Home Inc

Cedars Elderly Home Inc, as its mission statement suggests, is dedicated to providing housing for low-income elderly individuals. This nonprofit organization's primary goal is to offer a residential space where elderly individuals, who may be financially constrained, can call home. With 31 apartment units available for rental, Cedars Elderly Home Inc ensures that a significant number of elderly individuals have access to decent and affordable housing. By providing this essential service, the organization contributes to the well-being and dignity of its residents, enabling them to live comfortably in their later years.

Impact

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




Wednesday, July 24, 2024

Cedars Elderly Home Inc provides essential housing for low-income elderly individuals in Methuen, MA. This organization's impact is significant as it offers 31 apartment units specifically designed for the needs of elderly residents who may have limited financial resources. By providing affordable housing options, Cedars Elderly Home Inc helps ensure that this vulnerable population has a safe and comfortable place to live. Their mission to support low-income elderly individuals reflects their commitment to addressing a critical need in the community and making a positive difference in the lives of those they serve.





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: $369
  • Program Service Revenue: $158,730
  • Gross Receipts: $472,942

    • Assets and Liabilities:
  • Total Assets: $2,211,923
  • Total Liabilities: $3,885,789
  • Net Assets: -$1,673,866
  • Programs

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

    RENTAL INCOME

    Revenue

    $158,730

    Organization Details

    Founding Year

    2001

    Principal Officer

    David Beshara

    Main Address

    222 PELHAM STREET, METHUEN, MA, 01844

    NTEE Category

    Code: P75 - Human services

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