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Encino Terrace Inc

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

EIN: 850211912 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

Overview

What is Encino Terrace Inc?

Encino Terrace Inc is a dedicated nonprofit organization situated in Albuquerque, New Mexico. Established with a mission, they offer 153 units of affordable housing specifically tailored for the elderly and physically challenged residents within the city. Their primary objective is to ensure the provision of safe living spaces, making housing an attainable resource for those in need. Encino Terrace Inc strives to contribute positively to the Albuquerque community, addressing the unique housing requirements of its elderly and physically challenged residents.


Is Encino Terrace Inc legitimate?

Encino Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Encino Terrace 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: $226,190

For more financial information, click here


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

Mission Statement of Encino Terrace Inc

Encino Terrace Inc, a nonprofit organization, is committed to providing safe and affordable housing for elderly and physically challenged residents. Their mission is centered around creating a living environment that caters to the unique needs of this population, ensuring they can live with dignity and independence. The organization operates by providing 153 units of quality, affordable housing, which serves as a vital resource for these individuals, allowing them to maintain a sense of community and stability. Encino Terrace Inc's dedication to this cause not only enhances the living experience of its residents but also contributes to the overall well-being and empowerment of the elderly and physically challenged community.

Impact

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




Saturday, July 20, 2024

Encino Terrace Inc's impact is significant in providing safe and affordable housing for elderly and physically challenged residents of Albuquerque, New Mexico. Through its initiative, Encino Terrace Inc offers 153 units of quality, affordable housing to support this vulnerable population. By fulfilling its mission to provide a comfortable and secure living environment for these individuals, Encino Terrace Inc plays a crucial role in enhancing the quality of life for elderly and physically challenged residents in Albuquerque.





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: $133
  • Program Service Revenue: $984,863
  • Gross Receipts: $1,061,149

    • Assets and Liabilities:
  • Total Assets: $1,059,513
  • Total Liabilities: $1,479,689
  • Net Assets: -$420,176
  • Programs

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

    RENTAL INCOME

    Revenue

    $969,797

    TENANT FEES

    Revenue

    $15,066

    Organization Details

    Founding Year

    1972

    Principal Officer

    John Rockwell

    Main Address

    609 ENCINO PLACE NE, ALBUQUERQUE, NM, 87102

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Encino Terrace 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.