Our Lady Of Angels Apartments Inc

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

EIN: 341317758 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

Overview

What is Our Lady Of Angels Apartments Inc?

Our Lady of Angels Apartments Inc is a nonprofit organization situated in Cleveland, Ohio, specifically at 3648 Rocky River Drive. Their primary mission is to offer affordable housing for elderly individuals with limited income. In the past, they held a secured interest in a low-income housing building, which they later sold to fund a substantial renovation of the property and its units. This move demonstrates their commitment to maintaining and improving living conditions for their residents. In summary, Our Lady of Angels Apartments Inc is dedicated to providing a safe and comfortable living environment for the elderly community in need.


Is Our Lady Of Angels Apartments Inc legitimate?

Our Lady Of Angels Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Angels Apartments 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: $19,036

For more financial information, click here


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

Mission Statement of Our Lady Of Angels Apartments Inc

Our Lady of Angels Apartments Inc is committed to providing housing for individuals who fall within the low-income elderly bracket. This nonprofit organization holds a significant interest in a housing building, which it has sold to facilitate a substantial renovation of the building and its units. By doing so, Our Lady of Angels Apartments Inc demonstrates its dedication to improving the living conditions of its target demographic, ensuring they have access to decent and suitable housing.

Impact

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




Thursday, August 15, 2024

Our Lady of Angels Apartments Inc has made a significant impact by providing housing for low-income elderly individuals in the Cleveland area. Through holding a secured interest in a low-income housing building and facilitating a substantial rehabilitation of both the building and units, they have ensured that vulnerable elderly individuals have access to safe and affordable housing options. Their mission to support this underserved population demonstrates a commitment to improving the quality of life for those in need.





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: $980,080
  • Program Service Revenue: $654,225
  • Gross Receipts: $1,634,305

    • Assets and Liabilities:
  • Total Assets: $14,093,355
  • Total Liabilities: $0
  • Net Assets: $14,093,355
  • Programs

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

    Developer fee revenue

    Revenue

    $654,225

    Organization Details

    Founding Year

    1980

    Principal Officer

    Donald Macbride

    Main Address

    3648 Rocky River Drive, Cleveland, OH, 441113934

    NTEE Category

    Code: L22 - Housing

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