Heritage Place Inc

Heritage Place Inc, located in Coeur d'Alene, Idaho, is a nonprofit corporation that operates an elderly housing complex. The project, named Orchard Ridge Independent Living, consists of 129 units and is subsidized under Section 202 by the U.S. Department of Housing and Urban Development (HUD). This subsidy ensures affordable rent for the elderly residents, as HUD regulates rent charges and operating methods. With a near-100% occupancy rate during the calendar year, the project's demand in the area is substantial. The organization's mission is to provide low-income housing to the elderly, making a significant impact on the community's senior population.

Heritage Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Place 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: $583,314

For more financial information, click here

Heritage Place Inc's mission is centered around providing affordable housing for the elderly. This mission is carried out through a U.S. Department of Housing and Urban Development (HUD) subsidized Section 202 program. The organization operates an elderly housing complex, consisting of 129 units, which are regulated by HUD in terms of rent charges and operating methods. Economic assistance from HUD in the form of rental supplements helps in meeting the project's operating expenses. The project's occupancy rate was near 100% during the year, indicating a high demand for such housing projects in the area.

Ann Johnson is the President of Heritage Place Inc.

Heritage Place Inc's revenue in 2022 was $1,983,260.

The Heritage Place Inc’s most recent form 990 was submitted in 2022 and can be accessed here