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Silver Lake Housing Inc

Silver Lake Retirement Community

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

EIN: 760065440 ✦ Houston, TX ✦ Designated as a 501(c)(3)

Overview

What is Silver Lake Housing Inc?

Silver Lake Housing Inc, with the Doing Business As Name of Silver Lake Retirement Community, is a nonprofit organization based in Houston, Texas. Their primary mission is to provide housing for the elderly, specifically offering 91 units through the HUD Section 202 Elderly Housing Program. All their services are connected to this activity. With a team of six dedicated individuals, Silver Lake Housing Inc ensures the well-being of the elderly residents under their care by providing rental assistance and loan-insured programs. Their efforts aim to enhance the living standards and comfort of the elderly population in their community.


Is Silver Lake Housing Inc legitimate?

Silver Lake Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Lake Housing 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: $168,128

For more financial information, click here


What is the mission statement of Silver Lake Housing Inc?
Who is the CEO of Silver Lake Housing Inc?
What is the revenue of Silver Lake Housing Inc?
Who are the executives of Silver Lake Housing Inc and what are their salaries?
Where can I find the form 990 for Silver Lake Housing Inc?

Mission Statement of Silver Lake Housing Inc

Silver Lake Housing Corporation is dedicated to providing housing solutions for the elderly community. Through partnerships with the U.S. Department of Housing and Urban Development (HUD), the organization offers 91 units of rental assistance and loan-insured housing programs. This mission is centered around providing a safe and supportive living environment for the elderly population, ensuring their needs are met and allowing them to live with dignity and independence. The organization's services are tailored to this purpose, providing all necessary program offerings related to this activity.

Impact

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




Saturday, July 20, 2024

Silver Lake Housing Inc's impact can be seen through its provision of 91 units for the elderly through HUD's rental assistance and loan insured programs in Houston, Texas. By offering affordable housing options to the elderly population, Silver Lake Housing Inc contributes to improving the quality of life for this demographic group. This initiative helps address the housing needs of seniors, ensuring they have a safe and comfortable living environment. Additionally, by participating in HUD programs, Silver Lake Housing Inc plays a vital role in promoting housing stability and security for the elderly 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: $491
  • Program Service Revenue: $736,811
  • Gross Receipts: $778,990

    • Assets and Liabilities:
  • Total Assets: $1,675,427
  • Total Liabilities: $2,266,514
  • Net Assets: -$591,087
  • Programs

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

    HUD RENT SUPPLEMENT

    Revenue

    $446,243

    TENANT RENTAL INCOME

    Revenue

    $288,128

    TENANT CHARGES

    Revenue

    $1,745

    LAUNDRY AND OTHER

    Revenue

    $695

    Organization Details

    Founding Year

    1985

    Principal Officer

    Linda Holder

    Main Address

    2211 NORFOLK ST 614, HOUSTON, TX, 77098

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Silver Lake Housing 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.