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Saint Mary's Roland View Towers Inc

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

EIN: 520804018 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Saint Mary's Roland View Towers Inc?

Saint Mary's Roland View Towers Inc is a nonprofit organization situated in Baltimore, Maryland, specifically at 3838 Roland Avenue. The primary purpose of this organization is to provide affordable housing for senior citizens in a well-maintained and secure environment. The Department of Housing and Urban Development (HUD) conducts annual reviews of the organization's budget, ensuring that rents paid by tenants are reasonable and expenses are properly managed, enabling the nonprofit to maintain clean and safe living conditions for its elderly residents. All income received by the organization is utilized to cover operating expenses. The nonprofit adheres to Section 202 of the Housing Act of 1959 as amended, demonstrating its commitment to providing housing solutions for the elderly.


Is Saint Mary's Roland View Towers Inc legitimate?

Saint Mary's Roland View Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Mary's Roland View Towers 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: $916,083

For more financial information, click here


What is the mission statement of Saint Mary's Roland View Towers Inc?
Who is the CEO of Saint Mary's Roland View Towers Inc?
What is the revenue of Saint Mary's Roland View Towers Inc?
Who are the executives of Saint Mary's Roland View Towers Inc and what are their salaries?
Where can I find the form 990 for Saint Mary's Roland View Towers Inc?

Mission Statement of Saint Mary's Roland View Towers Inc

Saint Mary's Roland View Towers Inc, as a non-profit organization, was established with a mission to own and operate an apartment house specifically designed for the elderly. This mission aligns with Section 202 of the Housing Act of 1959, as amended. The corporation's primary objective is to utilize all the income it receives to cover the operational expenses of the apartment house. This meticulous management of funds ensures that the elderly tenants residing in the apartment house pay reasonable rentals. Furthermore, the income and expenses of Saint Mary's Roland View Towers Inc are subject to rigorous review by the Department of Housing and Urban Development (HUD). This regulatory oversight ensures that the organization operates efficiently and effectively, maintaining the well-being of its elderly residents.

Impact

This information is meant to be a general summary of Saint Mary's Roland View Towers Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Saint Mary's Roland View Towers Inc's impact lies in its ability to provide affordable housing in a well-maintained environment for senior citizens in Baltimore, Maryland. By adhering to the regulations set forth by the Department of Housing and Urban Development, the organization ensures that all income is utilized to cover operating expenses while maintaining clean and safe housing for elderly residents. Through its dedicated mission, Saint Mary's Roland View Towers Inc contributes to the well-being and quality of life of senior citizens by offering them a comfortable and secure place to call home.





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: $3,397
  • Program Service Revenue: $3,107,004
  • Gross Receipts: $3,110,401

    • Assets and Liabilities:
  • Total Assets: $3,684,768
  • Total Liabilities: $635,669
  • Net Assets: $3,049,099
  • Programs

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

    Rent - Apartments

    Revenue

    $2,536,187

    Rent - Commercial

    Revenue

    $44,369

    Laundry Commissions

    Revenue

    $6,769

    Late Fees Misc

    Revenue

    $150

    HUD Section 8 Assistance Payments

    Revenue

    $519,529

    Organization Details

    Founding Year

    1962

    Principal Officer

    E Kingdon Hurlock Jr

    Main Address

    3838 ROLAND AVENUE, BALTIMORE, MD, 212112028

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Saint Mary's Roland View Towers 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.