Manchester Housing For The Elderly C/O Bradley Ronco

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

EIN: 010367056 ✦ Portland, ME ✦ Designated as a 501(c)(3)

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Overview

What is Manchester Housing For The Elderly C/O Bradley Ronco?

Manchester Housing For The Elderly C/O Bradley Ronco is a nonprofit organization situated in Manchester, Maine. Their primary mission is to offer affordable housing options for the elderly community, operating a 16-unit complex to cater to this demographic. By providing this essential service, the organization aims to contribute to the well-being and comfort of elderly individuals in the Manchester area.

Is Manchester Housing For The Elderly C/O Bradley Ronco legitimate?

Manchester Housing For The Elderly C/O Bradley Ronco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manchester Housing For The Elderly C/O Bradley Ronco 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Manchester Housing For The Elderly C/O Bradley Ronco?

Manchester Housing For The Elderly's primary mission is to provide affordable rental housing for the elderly. This organization operates a 16-unit low-income housing complex specifically designed for the elderly population. Their mission is centered around ensuring that elderly individuals have access to suitable and affordable housing, thereby enhancing their quality of life. The organization strives to create a welcoming and supportive environment for its residents, fostering a sense of community and security. While the information provided does not detail specific programs or services beyond housing, it is evident that the organization's focus is on providing a vital necessity for the elderly population.

Who is the CEO of Manchester Housing For The Elderly C/O Bradley Ronco?

Bradley Ronco is the President of Manchester Housing For The Elderly C/O Bradley Ronco.

What is the revenue of Manchester Housing For The Elderly C/O Bradley Ronco?

Manchester Housing For The Elderly C/O Bradley Ronco's revenue in 2022 was $197,851.

Who are the executives of Manchester Housing For The Elderly C/O Bradley Ronco and what are their salaries?


Here are 7 key members and their salaries:


Bradley Ronco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Peabody (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faye Trafton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myrna Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Prugh (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Dawes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Palange (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Manchester Housing For The Elderly C/O Bradley Ronco?

Manchester Housing For The Elderly C/O Bradley Ronco's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Manchester Housing For The Elderly C/O Bradley Ronco

Manchester Housing For The Elderly C/O Bradley Ronco is dedicated to providing affordable rental housing for elderly individuals. This nonprofit organization's mission is to cater to the housing needs of the elderly population who often face financial constraints. By owning and operating a 16-unit low-income housing complex, Manchester Housing For The Elderly C/O Bradley Ronco offers a living space that is both affordable and suitable for the elderly. This commitment to affordable housing ensures that elderly individuals can maintain their independence while receiving the support they need.

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Impact




October, 2024

Manchester Housing For The Elderly C/O Bradley Ronco plays a vital role in offering affordable rental housing options for seniors in Manchester, Maine. By operating a 16-unit low-income housing complex, it directly addresses the growing need for accessible housing for the elderly population, ensuring that they have a stable and safe living environment.

The impact of this organization extends beyond mere shelter; it enhances the quality of life for its residents by providing them with a community where they can thrive. Access to affordable housing alleviates financial stress, allowing seniors to allocate their resources towards essential needs such as healthcare, food, and social activities. Moreover, the existence of such housing promotes independence and dignity among older adults, enabling them to maintain their autonomy while living in a supportive environment.

This initiative also fosters social interaction among residents, helping to combat isolation and loneliness, which are prevalent issues in this demographic. By creating a sense of community, Manchester Housing for the Elderly contributes to the overall well-being of its residents, promoting both physical and mental health.

Overall, the organization not only meets the immediate housing needs of the elderly but also plays a critical role in uplifting their overall quality of life, enhancing their dignity, and encouraging their engagement within the community.




This information is meant to be a general summary of Manchester Housing For The Elderly C/O Bradley Ronco. 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.

Revenue
$197,851 (2022)
201120122013201420152016201720182019202020212022$0$55,000$110k$165k$220k
Expenses
$224,124 (2022)
201120122013201420152016201720182019202020212022$0$60,000$120k$180k$240k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,061
  • Program Service Revenue: $64,915
  • Gross Receipts: $197,851

Assets and Liabilities:

  • Total Assets: $690,162
  • Total Liabilities: $867,732
  • Net Assets: -$177,570

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Programs

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

TENANT RENT

Revenue

$64,890

LAUNDRY /MISCELLANEOUS

Revenue

$25

Organization Details

Founding Year

1978

Principal Officer

Bradley Ronco

Main Address

182 LUDLOW STREET, PORTLAND, ME, 04102

NTEE Category

Code: L22 - Housing

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