Overview
What is St Albans Housing Corporation?
St. Albans Housing Corporation is a nonprofit organization located in Bangor, Maine, specifically at 4 Union Street Box 9. Their primary mission is to provide safe, clean, and decent housing to low-income elderly individuals. This low-income housing project consists of 16 units, and the rent is subsidized based on the tenants' income levels via support from Rural Development. The organization abides by strict standards to ensure the well-being of its residents, offering them a secure living environment.
Is St Albans Housing Corporation legitimate?
St Albans Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. St Albans 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 St Albans Housing Corporation?
St. Albans Housing Corporation is committed to providing safe, clean, and decent housing for low-income elderly individuals. This mission is carried out through a low-income housing project, which includes 16 units. The project's affordability is ensured by subsidies based on the tenants' income levels, as governed by Rural Development. This housing corporation aims to contribute to the well-being of its elderly residents by providing them with suitable living conditions.
Who is the CEO of St Albans Housing Corporation?
Harry Bridge is the Vice Preside of St Albans Housing Corporation.
What is the revenue of St Albans Housing Corporation?
St Albans Housing Corporation's revenue in 2022 was $141,080.
Who are the executives of St Albans Housing Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for St Albans Housing Corporation?
St Albans Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Albans Housing Corporation
St. Albans Housing Corporation is committed to providing safe, clean, and decent living spaces for low-income elderly individuals. This nonprofit organization's mission is centered around ensuring that these individuals have access to suitable housing, which is a fundamental necessity. The corporation achieves this by subsidizing its 16 units based on the income levels of its tenants, thanks to support from Rural Development. This initiative enables St. Albans Housing Corporation to make housing affordable for those who might otherwise struggle to secure suitable living quarters, thereby enhancing their quality of life.
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Impact
October, 2024
St Albans Housing Corporation significantly impacts the community by providing safe, clean, and decent housing specifically tailored for low-income elderly individuals. With 16 subsidized housing units in Bangor, Maine, it ensures that residents can afford housing that meets their basic needs without compromising on quality. By aligning rent with tenant income levels, it alleviates financial stress for elderly residents, allowing them to maintain a dignified lifestyle. This organization not only addresses housing insecurity but also enhances the overall well-being of vulnerable populations, fostering a sense of stability and community among its residents.
This information is meant to be a general summary of St Albans 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: $100
- Program Service Revenue: $140,190
- Gross Receipts: $141,080
Assets and Liabilities:
- Total Assets: $913,038
- Total Liabilities: $1,097,700
- Net Assets: -$184,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$140,190
Organization Details
Principal Officer
Harry Bridge
Main Address
4 UNION STREET BOX 9, BANGOR, ME, 04401
NTEE Category
Code: L22 - Housing
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