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Gallagher Mansion Inc

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

EIN: 521854697 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Gallagher Mansion Inc?

Gallagher Mansion Inc, a Maryland corporation established in 1994, is dedicated to providing affordable housing for the elderly. Financed through the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act, the organization operates 40 housing units specifically designed for the elderly. HUD regulates the entity in terms of rent charges and operational methods to ensure its mission is upheld. Gallagher Mansion Inc's primary mission is to offer affordable living spaces for the elderly, contributing positively to their well-being and quality of life.


Is Gallagher Mansion Inc legitimate?

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

Mission Statement of Gallagher Mansion Inc

Gallagher Mansion Inc, established in 1994, is dedicated to providing affordable housing for the elderly in Maryland. This mission is carried out under Section 202 of the National Housing Act, a program overseen by the U.S. Department of Housing and Urban Development (HUD). The organization constructs and manages housing facilities, specifically with 40 units designed for the elderly. HUD regulates such entities, ensuring that rental charges and operational methods adhere to specified standards. By providing affordable housing options for the elderly, Gallagher Mansion Inc contributes to their livelihoods and overall well-being, enabling them to maintain their independence and dignity in later life.

Impact

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




Wednesday, July 24, 2024

Gallagher Mansion Inc's impact lies in providing affordable housing to the elderly in Baltimore, Maryland. This organization, established in 1994, operates Gallagher Mansion, a housing facility with 40 units specifically designed for elderly residents. By securing financing through the U.S. Department of Housing and Urban Development under Section 202 of the National Affordable Housing Act, Gallagher Mansion Inc fulfills its mission of offering safe and affordable housing options to the elderly community in need. Through their efforts, they contribute positively to the well-being and quality of life of older individuals in the Baltimore area.





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: $173
  • Program Service Revenue: $85,667
  • Gross Receipts: $480,696

    • Assets and Liabilities:
  • Total Assets: $2,191,201
  • Total Liabilities: $3,074,221
  • Net Assets: -$883,020
  • Programs

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

    RENTAL INCOME

    Revenue

    $85,667

    Organization Details

    Founding Year

    1994

    Principal Officer

    Thomas Monahan

    Main Address

    401 E WOODBOURNE AVENUE, BALTIMORE, MD, 21212

    NTEE Category

    Code: L22Z - Housing

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