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Michigan Affordable Senior Housing Corp

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

EIN: 383199184 ✦ Brighton, MI ✦ Designated as a 501(c)(3)

Overview

What is Michigan Affordable Senior Housing Corp?

Michigan Affordable Senior Housing Corp is a nonprofit organization situated in Brighton, Michigan. Their primary mission is to provide affordable housing for low-income seniors who qualify for assistance under the Section 8 Housing Program. They operate an apartment complex, providing a living space for eligible individuals. With a small team of two employees, they strive to make housing accessible and affordable for senior citizens in need.


Is Michigan Affordable Senior Housing Corp legitimate?

Michigan Affordable Senior Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Affordable Senior Housing Corp 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: $49,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Michigan Affordable Senior Housing Corp?
Who is the CEO of Michigan Affordable Senior Housing Corp?
What is the revenue of Michigan Affordable Senior Housing Corp?
Who are the executives of Michigan Affordable Senior Housing Corp and what are their salaries?
Where can I find the form 990 for Michigan Affordable Senior Housing Corp?

Mission Statement of Michigan Affordable Senior Housing Corp

Michigan Affordable Senior Housing Corp is dedicated to providing affordable housing solutions for low-income individuals who meet the eligibility criteria under the Section 8 Housing Program. The organization operates an apartment complex, serving as a sanctuary for these individuals, offering them a place to call home. The mission of Michigan Affordable Senior Housing Corp is to ensure that senior citizens, among other eligible individuals, have access to affordable housing, thereby alleviating some of their financial burdens. The corporation's operations are instrumental in providing a stable living environment for these individuals, enabling them to focus on other aspects of their lives.

Impact

This information is meant to be a general summary of Michigan Affordable Senior Housing Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Michigan Affordable Senior Housing Corp's impact is providing essential housing support to low-income individuals eligible for assistance under the Section 8 Housing Program. By operating an apartment complex in Brighton, MI, this organization plays a crucial role in ensuring that seniors have access to affordable and safe housing options. The provision of such housing helps enhance the quality of life for seniors in need, offering them stability and security in their living arrangements.





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: $6,239
  • Program Service Revenue: $575,696
  • Gross Receipts: $600,566

    • Assets and Liabilities:
  • Total Assets: $6,882,876
  • Total Liabilities: $1,464,010
  • Net Assets: $5,418,866
  • Programs

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

    RENTAL INCOME

    Revenue

    $575,696

    Organization Details

    Founding Year

    1994

    Principal Officer

    Susan Miller

    Main Address

    1480 CLARK LAKE ROAD, BRIGHTON, MI, 48114

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Michigan Affordable Senior Housing Corp 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.