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Springvale Terrace Inc C/O Seabury Resources For Aging

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

EIN: 300185120 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Springvale Terrace Inc C/O Seabury Resources For Aging?

Springvale Terrace Inc C/O Seabury Resources For Aging is a nonprofit organization established on April 23, 2003, in accordance with Maryland's provisions. It was primarily financed through the U.S. Department of Housing and Urban Development under Section 232 of the National Affordable Housing Act. The organization operates 146 units of affordable housing for the elderly and provides additional care services for an extra fee. These services include congregate housing, which is certified by the Maryland Department of Aging, and assisted living, licensed by the Maryland Department of Health and Mental Hygiene. Springvale Terrace Inc C/O Seabury Resources For Aging's mission is to offer affordable housing and associated resident services to the elderly, further enhancing their quality of life.


Official website here: www.seaburyresources.org/springvaleterrace

Is Springvale Terrace Inc C/O Seabury Resources For Aging legitimate?

Springvale Terrace Inc C/O Seabury Resources For Aging is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springvale Terrace Inc C/O Seabury Resources For Aging 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


Official website here: www.seaburyresources.org/springvaleterrace

What is the mission statement of Springvale Terrace Inc C/O Seabury Resources For Aging?

Springvale Terrace Inc C/O Seabury Resources For Aging is committed to providing affordable housing and related services to the elderly, in alignment with Section 232 of the National Housing Act. Established in 2003, the organization operates with funding from the U.S. Department of Housing and Urban Development. Springvale Terrace, Inc. owns 146 units, offering rental housing, and additionally operates care services programs for an additional fee. These services include congregate housing services, certified by the Maryland Department of Aging and licensed by the Maryland Department of Health and Mental Hygiene.


Official website here: www.seaburyresources.org/springvaleterrace

Who is the CEO of Springvale Terrace Inc C/O Seabury Resources For Aging?

Susan Spurlark is the Principal Officer of Springvale Terrace Inc C/O Seabury Resources For Aging. The CEO's salary of Springvale Terrace Inc C/O Seabury Resources For Aging is $0 and their total compensation is $183,332.


Official website here: www.seaburyresources.org/springvaleterrace

What is the revenue of Springvale Terrace Inc C/O Seabury Resources For Aging?

Springvale Terrace Inc C/O Seabury Resources For Aging's revenue in 2022 was $3,226,400.


Official website here: www.seaburyresources.org/springvaleterrace

Who are the executives of Springvale Terrace Inc C/O Seabury Resources For Aging and what are their salaries?

Here are 18 key members and their salaries (Springvale Terrace Inc C/O Seabury Resources For Aging's CEO's salary is $0 and their total compensation is $183,332):

    Dawn Quattlebaum (Ceo)
  • Compensation: $0
  • Related: $162,989
  • Other: $20,343

    • Katrina Lewis (Coo/Cao)
  • Compensation: $0
  • Related: $120,235
  • Other: $10,262

    • Rt Rev Mariann Edgar Budde (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Spurlark Esq (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikhil Kumtha (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Mccullough (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marti Bailey (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rasheen Carbin (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Howell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lecia Imbery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Lumsdaine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monte Monash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Nicholson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana Saladini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sohaer Rizvi Syed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne K Welch Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.seaburyresources.org/springvaleterrace

    Where can I find the form 990 for Springvale Terrace Inc C/O Seabury Resources For Aging?

    The Springvale Terrace Inc C/O Seabury Resources For Aging’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.seaburyresources.org/springvaleterrace

    Learn more at the official website: www.seaburyresources.org/springvaleterrace

    Mission Statement of Springvale Terrace Inc C/O Seabury Resources For Aging

    Springvale Terrace Inc C/O Seabury Resources For Aging is dedicated to providing affordable housing and related services for the elderly. Established under Section 232 of the National Housing Act, this organization's mission is to cater to the needs of the elderly population. The organization was financed through the U.S. Department of Housing and Urban Development and consists of 146 units, offering both rental housing and additional care services for an additional fee. These additional services include congregate housing services, certified by the Maryland Department of Aging, and assisted living services, licensed by the Maryland Department of Health and Mental Hygiene. Springvale Terrace Inc C/O Seabury Resources For Aging aims to provide a comfortable living environment and necessary support for the elderly, ensuring their well-being and quality of life.

    Impact

    This information is meant to be a general summary of Springvale Terrace Inc C/O Seabury Resources For Aging. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Springvale Terrace Inc, as an organization providing affordable housing and related services to the elderly under Section 232 of the National Housing Act, has a significant impact on the community. By offering housing options tailored to the needs of older individuals, they contribute to fulfilling the basic requirement of safe and comfortable shelter for seniors. Additionally, the provision of care services programs adds another layer of support, enhancing the quality of life for residents. Overall, Springvale Terrace Inc plays a crucial role in promoting the well-being and independence of the elderly population in Washington, DC.





    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: $214,095
  • Program Service Revenue: $2,767,104
  • Gross Receipts: $3,250,205

    • Assets and Liabilities:
  • Total Assets: $4,753,837
  • Total Liabilities: $8,924,635
  • Net Assets: -$4,170,798
  • Programs

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

    ELDERLY/CONGREGATE SVC

    Revenue

    $1,487,978

    RENTAL INCOME

    Revenue

    $1,279,126

    Organization Details

    Founding Year

    2003

    Principal Officer

    Susan Spurlark

    Main Address

    4201 BUTTERWORTH PLACE NW, WASHINGTON, DC, 20016

    NTEE Category

    Code: L22 - Housing

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