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Adelante Inc

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

EIN: 261407220 ✦ Providence, RI ✦ Designated as a 501(c)(3)

Overview

What is Adelante Inc?

Adelante Inc is a nonprofit organization situated in Providence, Rhode Island, specifically at 861A Broad Street. Their primary mission is to provide affordable housing for the elderly and disabled individuals within the Providence area, adhering to Section 202 of the National Affordable Housing Act. They have successfully established and managed a 53-unit apartment complex to accommodate this purpose. The organization's goal is to ensure that these vulnerable populations have access to suitable housing, thereby enhancing their quality of life.


Official website here: www.wdchoc.org

Is Adelante Inc legitimate?

Adelante Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adelante 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: $109,949

For more financial information, click here


Official website here: www.wdchoc.org

What is the mission statement of Adelante Inc?

Adelante Inc, as an organization, is committed to providing affordable housing for senior citizens and individuals with disabilities. This mission is carried out under Section 202 of the National Affordable Housing Act. Their primary goal is to offer low-income housing solutions in an unspecified location, catering specifically to the elderly and disabled population. Adelante Inc owns and manages a 53-unit apartment complex, serving as a testament to their dedication to this cause.


Official website here: www.wdchoc.org

Who is the CEO of Adelante Inc?

Frank Shea is the Chair of Adelante Inc.


Official website here: www.wdchoc.org

What is the revenue of Adelante Inc?

Adelante Inc's revenue in 2021 was $560,880.


Official website here: www.wdchoc.org

Who are the executives of Adelante Inc and what are their salaries?

Here are 8 key members and their salaries:

    Julia Bush (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Sabbagh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Colt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Talmage (Treas And Sec) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Zurek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noel Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Kellam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Comer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wdchoc.org

    Where can I find the form 990 for Adelante Inc?

    The Adelante Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.wdchoc.org

    Learn more at the official website: www.wdchoc.org

    Mission Statement of Adelante Inc

    Adelante Inc, a nonprofit organization, is committed to providing affordable housing for senior citizens and individuals with disabilities. In line with Section 202 of the National Affordable Housing Act, Adelante's mission is to offer low-income housing solutions to this vulnerable population. The organization takes pride in its role of ensuring that the elderly and disabled individuals in need of housing have a place to call home. Adelante Inc owns and operates a 53-unit apartment complex, providing a safe and comfortable living environment for those who require such assistance. By adhering to its mission, Adelante Inc contributes significantly to the well-being and dignity of these individuals, enabling them to live with a sense of independence and security.

    Impact

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




    Wednesday, July 24, 2024

    Adelante Inc's impact can be seen in its provision of affordable housing to senior citizens and the disabled in Providence, Rhode Island. By owning and operating a 53-unit apartment complex, Adelante Inc is directly addressing the housing needs of low-income elderly and disabled individuals in the Providence area. This initiative aligns with the organization's mission to offer accessible housing options under Section 202 of the National Affordable Housing Act. Through their efforts, Adelante Inc is contributing to the well-being and quality of life of vulnerable populations in the community.





    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 2021.

  • Investment Income: $189
  • Program Service Revenue: $153,461
  • Gross Receipts: $560,880

    • Assets and Liabilities:
  • Total Assets: $4,026,882
  • Total Liabilities: $4,667,082
  • Net Assets: -$640,200
  • Programs

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

    TENANT RENT

    Revenue

    $151,980

    LAUNDRY REVENUE

    Revenue

    $1,481

    Organization Details

    Founding Year

    2008

    Principal Officer

    Frank Shea

    Main Address

    861A BROAD ST, PROVIDENCE, RI, 02907

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Adelante 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.