Gs Housing Incorporated

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

EIN: 521481656 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Gs Housing Incorporated?

Gs Housing Incorporated is a nonprofit organization situated in Baltimore, Maryland. Established with charitable objectives, its primary mission is to provide and manage federally subsidized housing for the elderly and impoverished members of the community associated with Good Samaritan Hospital. The organization operates a 94-unit apartment complex, offering subsidized rent for residents who fall under specific income limits, ensuring affordability for individuals over 62 years old, disabled, or handicapped. The nonprofit is dedicated to enhancing the living conditions of those in need, promoting a sense of community and support within its facilities.


Official website here: www.medstarhealth.org

Is Gs Housing Incorporated legitimate?

Gs Housing Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gs Housing Incorporated 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: $61,878
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,131

For more financial information, click here


Official website here: www.medstarhealth.org

What is the mission statement of Gs Housing Incorporated?

Gs Housing Incorporated is established with a mission to supply and manage affordable housing for individuals who fall under the categories of low-income, elderly, and disabled. The organization operates a 94-unit apartment facility, providing subsidized rent for eligible residents. These residents must adhere to the Department of Housing and Urban Development's income limits, paying only a predetermined percentage of their adjusted gross income as rent. The primary goal of Gs Housing Incorporated is to provide affordable housing solutions for those in need.


Official website here: www.medstarhealth.org

Who is the CEO of Gs Housing Incorporated?

Pamela Oakey is the Principal Officer of Gs Housing Incorporated.


Official website here: www.medstarhealth.org

What is the revenue of Gs Housing Incorporated?

Gs Housing Incorporated's revenue in 2022 was $1,944,535.


Official website here: www.medstarhealth.org

Who are the executives of Gs Housing Incorporated and what are their salaries?

Here are 5 key members and their salaries:

    Bradley Chambers (Director)
  • Compensation: $0
  • Related: $1,449,807
  • Other: $56,419

    • Deana Stout (Treasurer)
  • Compensation: $0
  • Related: $534,335
  • Other: $50,923

    • Pamela Wassel (President)
  • Compensation: $53,917
  • Related: $53,917
  • Other: $15,922

    • Dan Cahill (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Father Larry Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.medstarhealth.org

    Where can I find the form 990 for Gs Housing Incorporated?

    The Gs Housing Incorporated’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.medstarhealth.org

    Learn more at the official website: www.medstarhealth.org

    Mission Statement of Gs Housing Incorporated

    Gs Housing Incorporated, as an organization, is dedicated to providing and managing low-income housing for the elderly and individuals with disabilities or handicaps. Their mission is to create a 94-unit apartment facility, offering subsidized rent to eligible residents. These individuals must adhere to the Department of Housing and Urban Development's income limits, paying only a portion of their adjusted gross income for rent. Gs Housing Incorporated is committed to ensuring that these individuals, who are typically 62 years of age or older, have access to affordable housing options.

    Impact

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




    Saturday, July 20, 2024

    Gs Housing Incorporated's impact is significant in providing and operating low-income housing for the poor and elderly residents in Baltimore, MD. The organization runs a 94-unit, rent-subsidized apartment facility for individuals who are at least 62 years of age, handicapped, or disabled. By offering federally subsidized housing, Gs Housing Incorporated plays a crucial role in supporting vulnerable members of the community by ensuring they have access to affordable and safe housing options.





    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: $63
  • Program Service Revenue: $357,799
  • Gross Receipts: $1,944,535

    • Assets and Liabilities:
  • Total Assets: $2,540,693
  • Total Liabilities: $4,954,727
  • Net Assets: -$2,414,034
  • Programs

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

    RENTAL REVENUE

    Revenue

    $357,799

    Organization Details

    Founding Year

    1985

    Principal Officer

    Pamela Oakey

    Main Address

    5601 LOCH RAVEN BLVD, BALTIMORE, MD, 21239

    If you are a representative of Gs Housing Incorporated 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.