Overview
What is Mattanawcook Terrace Housing Corporation?
Mattanawcook Terrace Housing Corporation is a nonprofit organization situated in Bangor, Maine, specifically at 4 Union Plaza Box 9. Their primary mission is to offer subsidized, secure, and well-maintained housing for elderly residents residing in the greater Lincoln, Maine area. The organization manages a 25-unit housing complex that prioritizes the well-being and comfort of its elderly inhabitants.
Is Mattanawcook Terrace Housing Corporation legitimate?
Mattanawcook Terrace Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Mattanawcook Terrace Housing Corporation 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.
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What is the mission statement of Mattanawcook Terrace Housing Corporation?
The Mattanawcook Terrace Housing Corporation is dedicated to providing elderly residents in an unspecified area with decent, safe, and clean subsidized housing. This organization operates and manages a housing complex, specifically a 25-unit facility, with the primary goal of offering such accommodations. The corporation strives to ensure that the elderly residents living in this complex have access to safe and clean housing, thereby contributing positively to their well-being.
Who is the CEO of Mattanawcook Terrace Housing Corporation?
Russell Stanley is the Vice Preside of Mattanawcook Terrace Housing Corporation.
What is the revenue of Mattanawcook Terrace Housing Corporation?
Mattanawcook Terrace Housing Corporation's revenue in 2022 was $213,683.
Who are the executives of Mattanawcook Terrace Housing Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Mattanawcook Terrace Housing Corporation?
Mattanawcook Terrace Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mattanawcook Terrace Housing Corporation
Mattanawcook Terrace Housing Corporation is dedicated to providing elderly residents in the greater Lincoln, Maine area with decent, safe, and clean subsidized housing. This nonprofit organization takes pride in managing a 25-unit housing complex that caters specifically to this demographic, ensuring they live in an environment that promotes their well-being and comfort. The mission of Mattanawcook Terrace Housing Corporation is centered around enhancing the living conditions of the elderly, offering them a secure and clean space to call home.
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Impact
October, 2024
Mattanawcook Terrace Housing Corporation significantly impacts the greater Lincoln, Maine area by offering decent, safe, and clean subsidized housing specifically for elderly residents. The organization operates a 25-unit housing complex that plays a crucial role in enhancing the living conditions and quality of life for its residents. By providing affordable housing options, it addresses the critical need for safe accommodations among the aging population, fostering a community where seniors can live independently with dignity and comfort. This initiative not only alleviates housing insecurity for elderly individuals but also strengthens the social fabric of the community, ensuring that seniors have access to essential services and support networks.
This information is meant to be a general summary of Mattanawcook Terrace Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2022.
- Investment Income: $102
- Program Service Revenue: $208,811
- Gross Receipts: $213,683
Assets and Liabilities:
- Total Assets: $990,986
- Total Liabilities: $1,266,565
- Net Assets: -$275,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$208,811
Organization Details
Phone
(207) 990-2099Principal Officer
Russell Stanley
Main Address
4 UNION PLAZA BOX 9, BANGOR, ME, 04401
NTEE Category
Code: L21 - Housing
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