Malta House Inc

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

EIN: 521845215 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Malta House Inc?

Malta House Inc, located in Rockville, Maryland, is a dedicated nonprofit organization that provides assisted living accommodations for low- and moderate-income elderly individuals who are frail. Their mission is centered around offering a supportive living environment, catering to the specific needs of this demographic. The organization is committed to providing a sense of community and care, ensuring the well-being of its residents.


Is Malta House Inc legitimate?

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

Mission Statement of Malta House Inc

Malta House Inc, a nonprofit organization, is dedicated to providing an assisted living residence for low- and moderate-income elderly individuals who are frail. This mission is carried out with the goal of offering a supportive and caring environment for these individuals, ensuring they receive the care they need. The organization's primary focus is on catering to the unique needs of this demographic, providing them with a place where they can live with dignity and receive the assistance they require. By doing so, Malta House Inc plays a crucial role in enhancing the quality of life for these individuals and supporting their overall well-being.

Impact

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




Saturday, July 20, 2024

Malta House Inc provides essential assisted living services for low- and moderate-income frail elderly persons in Rockville, MD. Their impact can be seen in the improved quality of life and support provided to this vulnerable population. By offering affordable assisted living options, Malta House Inc helps ensure that elderly individuals have access to the care and support they need to live comfortably and with dignity. Their mission to serve low-income individuals reflects a commitment to addressing socioeconomic disparities in access to care for the elderly.





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: $65
  • Program Service Revenue: $1,851,064
  • Gross Receipts: $1,940,691

    • Assets and Liabilities:
  • Total Assets: $1,725,336
  • Total Liabilities: $507,353
  • Net Assets: $1,217,983
  • Programs

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

    RENTAL INCOME HOUSING

    Revenue

    $1,607,356

    MANAGEMENT AND SUPPORT

    Revenue

    $237,245

    OTHER HOUSING REVENUE

    Revenue

    $6,463

    Organization Details

    Founding Year

    1993

    Principal Officer

    Leila A Finucane

    Main Address

    11400 ROCKVILLE PIKE SUITE 505, ROCKVILLE, MD, 20852

    NTEE Category

    Code: X22 - Religion related

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