Overview
What is Newburgh Seniors' Housing Corporation- Persistence?
Newburgh Seniors' Housing Corporation-Persistence is a nonprofit organization situated in Orono, Maine, dedicated to serving the elderly community. Their primary objective is to provide affordable housing opportunities for low-income elderly individuals. They achieve this mission through the operation of a facility called Newburgh Senior Housing Corporation. The organization utilizes the Hud 223 (f) low-income housing program to make housing more accessible for this demographic, thereby enhancing their quality of life.
Is Newburgh Seniors' Housing Corporation- Persistence legitimate?
Newburgh Seniors' Housing Corporation- Persistence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newburgh Seniors' Housing Corporation- Persistence 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: $2,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,625
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What is the mission statement of Newburgh Seniors' Housing Corporation- Persistence?
Newburgh Seniors' Housing Corporation-Persistence is dedicated to providing affordable housing options for the elderly community. Their mission is to offer low-income elderly individuals the chance to reside in comfortable accommodations through the utilization of HUD 223(F) low-income housing. The corporation aims to make housing more accessible and affordable for this demographic, providing them with a secure living environment. By offering this service, Newburgh Seniors' Housing Corporation-Persistence contributes to enhancing the quality of life for the elderly population, ensuring they can live with dignity and independence.
Who is the CEO of Newburgh Seniors' Housing Corporation- Persistence?
Duska Hayman is the President of Newburgh Seniors' Housing Corporation- Persistence.
What is the revenue of Newburgh Seniors' Housing Corporation- Persistence?
Newburgh Seniors' Housing Corporation- Persistence's revenue in 2023 was $274,259.
Who are the executives of Newburgh Seniors' Housing Corporation- Persistence and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Newburgh Seniors' Housing Corporation- Persistence?
Newburgh Seniors' Housing Corporation- Persistence's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Newburgh Seniors' Housing Corporation- Persistence
Newburgh Seniors' Housing Corporation-Persistence is committed to providing affordable housing for the elderly community. Their mission is to offer eligible senior citizens an opportunity to reside in a secure and affordable living environment. This is achieved through the utilization of HUD 223(F) low-income housing, which is a specific funding source. The corporation's facility, Newburgh Senior Housing Corporation, situated in Orono, ME, serves as a testament to their dedication towards providing affordable housing options for the elderly population.
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Impact
October, 2024
Newburgh Seniors' Housing Corporation - Persistence has a significant impact on the community by providing essential low-income housing options for elderly individuals in Orono, ME. Through its facility, it ensures that senior citizens have access to affordable housing, which is crucial for maintaining their independence and quality of life. The initiative addresses the growing need for affordable housing solutions among the elderly population, helping to alleviate financial burdens that often come with housing costs.
By utilizing the HUD 223(f) program, this organization not only creates living spaces that are accessible and affordable but also fosters a supportive environment where seniors can thrive socially and emotionally. This effort contributes to the overall well-being of the community, promoting stability and dignity for older adults. In a time when many face housing insecurity, the provision of such services helps mitigate the challenges associated with aging, thereby enhancing life quality for the residents served.
This information is meant to be a general summary of Newburgh Seniors' Housing Corporation- Persistence. 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 2023.
- Investment Income: $455
- Program Service Revenue: $270,761
- Gross Receipts: $274,259
Assets and Liabilities:
- Total Assets: $1,099,391
- Total Liabilities: $1,333,356
- Net Assets: -$233,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD ASSISTANCE
Revenue
$187,655
TENANT RENTAL REVENUE
Revenue
$83,106
Organization Details
Founding Year
1987
Phone
(207) 866-4634Principal Officer
Duska Hayman
Main Address
353 MAIN STREET, ORONO, ME, 04473
NTEE Category
Code: L22Z - Housing
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