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Wha Inc

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

EIN: 010454077 ✦ Waterville, ME ✦ Designated as a 501(c)(3)

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Overview

What is Wha Inc?

Wha Inc is a nonprofit organization situated in Waterville, Maine, with a specific focus on addressing housing needs for individuals with lower income. Their primary mission is to develop, own, and manage subsidized residential housing units, providing a home for qualified individuals who might otherwise face housing challenges. This organization plays a crucial role in promoting affordable housing, thereby contributing positively to its local community.

Is Wha Inc legitimate?

Wha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wha Inc 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 Wha Inc?

Wha Inc's mission is centered around developing, owning, and managing subsidized residential housing units for qualified individuals who may not otherwise have access to affordable housing options. The organization's primary goal is to serve this specific demographic, providing them with a stable living environment. By doing so, Wha Inc contributes to the broader social goal of ensuring that lower income citizens have access to suitable housing, thereby promoting community stability and well-being.

Who is the CEO of Wha Inc?

Paul Jacques is the President of Wha Inc.

What is the revenue of Wha Inc?

Wha Inc's revenue in 2022 was $98,243.

Who are the executives of Wha Inc and what are their salaries?


Here are 4 key members and their salaries:


Paul Jacques (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cosgrove (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ringer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Noonan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wha Inc?

Wha Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wha Inc

Wha Inc, a nonprofit organization, is dedicated to a mission that involves developing, owning, and managing subsidized residential housing units for qualified individuals who may not otherwise have access to such accommodations due to their income level. This mission aims to provide a viable living solution for those in need, ensuring they can reside in a safe and secure environment. By overseeing the development, ownership, and management of these housing units, Wha Inc plays a significant role in improving the living conditions of its residents, thereby contributing to their overall well-being.

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Impact




October, 2024

Wha Inc significantly impacts the community in Waterville, ME, by developing, owning, and managing subsidized residential housing units for individuals with lower incomes. This organization plays a crucial role in addressing housing insecurity, ensuring that qualified individuals and families have access to affordable living options. By providing stable housing, Wha Inc not only improves the quality of life for residents but also fosters community stability, helping to break the cycle of poverty. The focus on subsidized housing contributes to a more equitable society, enabling people to thrive, access essential services, and participate fully in their communities.




This information is meant to be a general summary of Wha Inc. 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
$98,243 (2022)
Expenses
$51,387 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,445
  • Program Service Revenue: $52,363
  • Gross Receipts: $202,455

Assets and Liabilities:

  • Total Assets: $1,840,777
  • Total Liabilities: $360,307
  • Net Assets: $1,480,470

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Programs

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

Developer Fee

Revenue

$44,853

Other Revenue

Revenue

$11,290

Organization Details

Founding Year

1989

Principal Officer

Paul Jacques

Main Address

88 SILVER STREET, WATERVILLE, ME, 04901

NTEE Category

Code: L99 - Housing

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