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Woodbourne Woods Inc

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

EIN: 522299070 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Woodbourne Woods Inc?

Woodbourne Woods Inc is a nonprofit organization located in Baltimore, Maryland, specifically at 5601 Loch Raven Blvd. Established with the mission to serve senior citizens with low income, it offers secure and affordable housing through the development of a 71-unit apartment complex. The organization goes beyond just providing housing, offering additional support services such as housekeeping, social services, transportation, counseling, and social activities. These services aim to improve the quality of life for its residents, who must meet Department of Housing and Urban Development income limits, paying only a fraction of their adjusted gross income for rent.


Official website here: www.medstarhealth.org

Is Woodbourne Woods Inc legitimate?

Woodbourne Woods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodbourne Woods 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: $61,878
Professional Fundraising Fees: $0
Other Salaries and Wages: $193,457

For more financial information, click here


Official website here: www.medstarhealth.org

What is the mission statement of Woodbourne Woods Inc?

Woodbourne Woods Inc is an organization committed to providing affordable housing for the elderly and individuals with disabilities or handicaps. Operating a 71-unit apartment facility, the organization ensures that its residents meet the income limits set by the Department of Housing and Urban Development. These residents pay a percentage of their adjusted gross income for rent, making housing more accessible for those who are financially challenged. The mission of Woodbourne Woods Inc is to provide a safe and affordable living environment, thus contributing to the well-being of its residents.


Official website here: www.medstarhealth.org

Who is the CEO of Woodbourne Woods Inc?

Pamela Oakey is the Principal Officer of Woodbourne Woods Inc.


Official website here: www.medstarhealth.org

What is the revenue of Woodbourne Woods Inc?

Woodbourne Woods Inc's revenue in 2022 was $1,122,698.


Official website here: www.medstarhealth.org

Who are the executives of Woodbourne Woods Inc 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

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


  • Official website here: www.medstarhealth.org

    Where can I find the form 990 for Woodbourne Woods Inc?

    The Woodbourne Woods Inc’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 Woodbourne Woods Inc

    Woodbourne Woods Inc, as an organization, is dedicated to providing low-income housing for the elderly and individuals with disabilities or handicaps. Its mission is to operate a 71-unit apartment facility where eligible residents, who are at least 62 years old or meet certain disability criteria, can reside. These residents are required to meet Department of Housing and Urban Development income limits, and they pay only a portion of their adjusted gross income as rent. Woodbourne Woods Inc is committed to ensuring affordable housing for these vulnerable groups, thereby providing them with a living space that caters to their specific needs.

    Impact

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




    Saturday, July 20, 2024

    Woodbourne Woods Inc's impact is significant in providing secure and affordable housing to low-income senior citizens in Baltimore, MD. Through its development of a 71-unit apartment complex, the organization ensures that individuals who are at least 62 years old, handicapped, or disabled have access to safe living spaces. Additionally, Woodbourne Woods offers crucial support services such as housekeeping, social services, transportation, counseling, and social activities to enhance the well-being and quality of life of its residents. This commitment to meeting the housing needs of the poor and elderly population reflects Woodbourne Woods Inc's dedication to enhancing human services and making a positive difference in the community.





    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: $66
  • Program Service Revenue: $294,710
  • Gross Receipts: $1,122,698

    • Assets and Liabilities:
  • Total Assets: $4,443,777
  • Total Liabilities: $6,008,549
  • Net Assets: -$1,564,772
  • Programs

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

    RENTAL OF LOW INCOME H

    Revenue

    $294,710

    Organization Details

    Founding Year

    2000

    Principal Officer

    Pamela Oakey

    Main Address

    5601 LOCH RAVEN BLVD, BALTIMORE, MD, 21239

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Woodbourne Woods 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.