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Sem Laurels Inc

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

EIN: 310956722 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is Sem Laurels Inc?

Sem Laurels Inc is a nonprofit organization situated in Cincinnati, Ohio, with a primary focus on providing rental housing solutions. They are recognized as a housing owners and renters organization, offering numerous programs, including a 122-unit housing facility for the elderly. Their mission is centered around the rental housing sector, aiming to cater to the needs of the elderly community in their area.


Is Sem Laurels Inc legitimate?

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

Mission Statement of Sem Laurels Inc

Sem Laurels Inc, a nonprofit organization, is dedicated to providing rental housing services. Their mission encompasses operating various programs, with a notable one being the provision of 122 units of elderly housing. This housing organization falls under the category of housing owners and renters organizations, emphasizing its commitment to the rental sector. While the specifics of their services and target demographics are not detailed, it can be inferred that Sem Laurels Inc is dedicated to offering comfortable and suitable living spaces for its renters, with a special focus on the elderly population.

Impact

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




Thursday, August 15, 2024

Sem Laurels Inc's impact is providing rental housing solutions, particularly through its Rental-122 units elderly housing program in Cincinnati, Ohio. By offering affordable housing options to the elderly population, Sem Laurels Inc contributes to meeting the housing needs of this vulnerable demographic. This initiative helps enhance the quality of life for seniors by ensuring they have a safe and comfortable place to call home. Additionally, Sem Laurels Inc's focus on rental housing aligns with addressing critical housing challenges within the community, making a tangible difference in the lives of those in need of stable housing solutions.





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: $3,200
  • Program Service Revenue: $995,309
  • Gross Receipts: $998,509

    • Assets and Liabilities:
  • Total Assets: $1,806,840
  • Total Liabilities: $512,565
  • Net Assets: $1,294,275
  • Programs

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

    RENTAL INCOME

    Revenue

    $995,309

    Organization Details

    Founding Year

    1980

    Principal Officer

    R Rooney

    Main Address

    7444 JAGER CT, CINCINNATI, OH, 45230

    NTEE Category

    Code: L200 - Housing

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