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Wesley Apartments - A Methodist Home For The Aging Inc

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

EIN: 630851067 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

Overview

What is Wesley Apartments - A Methodist Home For The Aging Inc?

Wesley Apartments - A Methodist Home For The Aging Inc is a nonprofit organization located in Birmingham, Alabama, specifically at 1520 Cooper Hill Road. Their primary mission is to provide subsidized housing for the elderly and economically disadvantaged individuals. They achieve this goal through the utilization of HUD Section 8 and 207 funds, ensuring that affordable housing options are available for this specific demographic. The organization employs a modest workforce of 5 individuals, dedicated to upholding their mission and serving the community.


Is Wesley Apartments - A Methodist Home For The Aging Inc legitimate?

Wesley Apartments - A Methodist Home For The Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wesley Apartments - A Methodist Home For The Aging 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: $114,529

For more financial information, click here


What is the mission statement of Wesley Apartments - A Methodist Home For The Aging Inc?
Who is the CEO of Wesley Apartments - A Methodist Home For The Aging Inc?
What is the revenue of Wesley Apartments - A Methodist Home For The Aging Inc?
Who are the executives of Wesley Apartments - A Methodist Home For The Aging Inc and what are their salaries?
Where can I find the form 990 for Wesley Apartments - A Methodist Home For The Aging Inc?

Mission Statement of Wesley Apartments - A Methodist Home For The Aging Inc

Wesley Apartments - A Methodist Home For The Aging Inc is dedicated to providing subsidized housing for the elderly and financially disadvantaged individuals. Their mission is centered around housing, financed through HUD Section 8 and 207 funds. This nonprofit organization aims to offer a living space for the elderly, ensuring their basic needs are met and providing them with a secure and comfortable environment. The housing project, funded by the HUD Section 8 and 207 funds, is designed to cater to the elderly population who may be economically disadvantaged. By offering subsidized housing, Wesley Apartments - A Methodist Home For The Aging Inc is committed to improving the living conditions of its residents, enabling them to maintain their independence and dignity within a safe and supportive community.

Impact

This information is meant to be a general summary of Wesley Apartments - A Methodist Home For The Aging Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Wesley Apartments - A Methodist Home For the Aging Inc provides subsidized housing for elderly and economically disadvantaged individuals in Birmingham, Alabama. With project financing from HUD Section 8 and 207 funds, the organization is able to offer affordable housing options to those in need. Their impact includes providing a safe and supportive living environment for seniors and economically disadvantaged individuals, ensuring they have access to quality housing despite financial constraints. Through their mission of providing housing for the elderly and disadvantaged, Wesley Apartments positively contributes to the well-being and stability of vulnerable populations 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: $15
  • Program Service Revenue: $777,417
  • Gross Receipts: $832,769

    • Assets and Liabilities:
  • Total Assets: $1,836,042
  • Total Liabilities: $3,214,355
  • Net Assets: -$1,378,313
  • Programs

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

    TENANT ASSISTANCE PAYM

    Revenue

    $522,371

    RENT INCOME-GROSS POTE

    Revenue

    $258,491

    COVID RENT REPLACEMENT

    Revenue

    $31,584

    MISC RENT REVENUE

    Revenue

    $1,394

    VACANCY LOSS

    Revenue

    $-36,423

    Organization Details

    Founding Year

    1983

    Principal Officer

    Christopher Tomlin Ceo-M

    Main Address

    1520 COOPER HILL ROAD, BIRMINGHAM, AL, 35210

    NTEE Category

    Code: L21Z - Housing

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