Overview
What is Magnolia Gardens Inc?
Magnolia Gardens Inc, situated in Norfolk, VA, is a nonprofit organization primarily dedicated to providing senior housing. More specifically, it focuses on low-income retirement homes, offering a living space for the elderly who might be financially constrained. The organization's mission is to ensure that elderly individuals have access to adequate housing, contributing to their overall well-being and quality of life. By offering this service, Magnolia Gardens Inc is making a significant impact on the community, providing a vital resource for the elderly population in need.
Is Magnolia Gardens Inc legitimate?
Magnolia Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Gardens 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: $114,915
For more financial information, click here
What is the mission statement of Magnolia Gardens Inc?
Magnolia Gardens Inc is dedicated to providing low-income rental housing for the elderly. This senior housing program aims to cater to the needs of the elderly population who might be financially challenged, ensuring they have a comfortable living environment. The mission of Magnolia Gardens is to offer a place where the elderly can reside with dignity and independence, providing them with a secure and supportive living arrangement. This housing program strives to make a positive impact on the lives of its residents by offering a safe and affordable living environment.
Who is the CEO of Magnolia Gardens Inc?
Eugene J Denardi is the President of Magnolia Gardens Inc.
What is the revenue of Magnolia Gardens Inc?
Magnolia Gardens Inc's revenue in 2023 was $499,884.
Who are the executives of Magnolia Gardens Inc and what are their salaries?
The average compensation at Magnolia Gardens Inc during 2023 was $28,729. There are 4 employees and 2 volunteers at Magnolia Gardens Inc.
Here are 6 key members and their salaries:
- Emmett Pate (Secretary) [Trustee/Director]
- Richard Bridgford (President)
- Eugene Denardi (Treasurer) [Trustee/Director]
- Lynne Pipis (Vice President) [Trustee/Director]
- 0 (0) [Trustee/Director]
- 0 (0) [Trustee/Director]
Where can I find the form 990 for Magnolia Gardens Inc?
The Magnolia Gardens Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Mission Statement of Magnolia Gardens Inc
Magnolia Gardens Inc, a senior housing program, is dedicated to providing low-income rental housing for the elderly. This nonprofit organization prioritizes the needs of elderly individuals, offering them a suitable living environment. Magnolia Gardens' mission is centered around ensuring that the elderly have access to affordable housing, thereby promoting a comfortable and dignified living experience for this vulnerable group. By offering low-income rental housing, Magnolia Gardens Inc aims to alleviate the financial burdens often associated with housing for the elderly, making a significant difference in the lives of those it serves.
Impact
This information is meant to be a general summary of Magnolia Gardens Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Magnolia Gardens Inc has a significant impact on the community by providing low-income rental housing for the elderly in Norfolk, VA. Through their mission of offering affordable housing for seniors, Magnolia Gardens Inc helps ensure that older individuals have a safe and supportive living environment as they age. Their work contributes to the well-being and quality of life of seniors in the area, allowing them to live comfortably and with dignity.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Low Income Rental Housing
Revenue
$499,708
Organization Details
Founding Year
1997
Phone
(757) 461-4696
Principal Officer
Eugene J Denardi
Main Address
972 Norfolk Square, Norfolk, VA, 23502
NTEE Category
Code: C410 - Environment
If you are a representative of Magnolia Gardens 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.