Overview
What is Glenburn Housing Corporation?
Glenburn Housing Corporation, located at 4 UNION PLAZA BOX 9, Bangor, ME 04401, is a dedicated nonprofit organization. Its primary mission is to offer affordable and suitable housing options for the elderly and handicapped community. The corporation operates under the name Sunny Gables, and their 24-unit development receives rental subsidies from the USDA Rural Development. The corporation is committed to providing a clean, safe, and sanitary living environment for its residents, contributing positively to their overall well-being.
Is Glenburn Housing Corporation legitimate?
Glenburn Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Glenburn 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 Glenburn Housing Corporation?
Glenburn Housing Corporation is committed to providing decent, safe, and sanitary low-cost housing for the elderly and handicapped individuals. They strive to meet this objective through the development of housing facilities, with rents subsidized by the USDA Rural Development. This non-profit organization aims to contribute positively to the living conditions of these vulnerable groups, ensuring they have access to suitable and secure accommodations. Their mission is centered around empowering these individuals to live with dignity and independence.
Who is the CEO of Glenburn Housing Corporation?
Eric Strout is the Director of Glenburn Housing Corporation.
What is the revenue of Glenburn Housing Corporation?
Glenburn Housing Corporation's revenue in 2022 was $185,908.
Who are the executives of Glenburn 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 Glenburn Housing Corporation?
Glenburn Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Glenburn Housing Corporation
Glenburn Housing Corporation, as a nonprofit organization, is committed to providing decent, safe, and sanitary low-cost housing for the elderly and handicapped individuals. Their mission is centered around ensuring that these vulnerable populations have access to appropriate living conditions, thereby enhancing their quality of life. The corporation develops housing facilities, with rents subsidized by the USDA Rural Development program, providing an affordable living solution for these individuals. By offering such housing, Glenburn Housing Corporation plays a crucial role in promoting the well-being of its residents, enabling them to live with dignity and independence.
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Impact
October, 2024
Glenburn Housing Corporation significantly impacts the community by offering 24 units of low-income housing specifically designed for the elderly and handicapped. By providing decent, safe, and sanitary living conditions, the organization plays a crucial role in enhancing the quality of life for its residents in Bangor, Maine. The rents for these units are subsidized by USDA Rural Development, which alleviates financial burdens and ensures that more vulnerable populations have access to affordable housing. This initiative not only meets essential housing needs but also fosters a supportive environment for elderly and handicapped individuals, promoting independence and community engagement.
This information is meant to be a general summary of Glenburn 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: $807
- Program Service Revenue: $181,734
- Gross Receipts: $185,908
Assets and Liabilities:
- Total Assets: $812,554
- Total Liabilities: $1,283,067
- Net Assets: -$470,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$181,734
Organization Details
Principal Officer
Eric Strout
Main Address
4 UNION PLAZA BOX 9, BANGOR, ME, 04401
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