Overview
What is Albion Associates?
Albion Associates is a nonprofit organization situated in Albion, Maine. Their primary focus is to offer affordable housing solutions for the elderly, catering to 16 qualified residents in the form of apartment units. The organization's mission is centered around providing elderly housing services, ensuring a comfortable living environment for its residents. With its headquarters located at CO FRANK CRONKITE PO BOX 122, Albion, ME 04910, Albion Associates continues to contribute to the well-being of the elderly community in its locality.
Is Albion Associates legitimate?
Albion Associates is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albion Associates 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 Albion Associates?
Albion Associates is committed to providing affordable housing for the elderly. They fulfill this mission by offering elderly housing services to qualified residents in 16 apartment units. The organization's primary focus is on catering to the housing needs of the elderly, ensuring they have a secure and comfortable living environment. Albion Associates strives to make a positive impact on the lives of the elderly by providing them with a suitable place to call home.
Who is the CEO of Albion Associates?
Frank Cronkite is the President of Albion Associates.
What is the revenue of Albion Associates?
Albion Associates's revenue in 2022 was $211,993.
Who are the executives of Albion Associates and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Albion Associates?
Albion Associates's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Albion Associates
Albion Associates, a nonprofit organization, is dedicated to providing affordable housing for the elderly. Their mission is to cater to qualified residents, offering them a comfortable living space in 16 apartment units. The organization's primary focus is on ensuring the elderly have access to suitable housing, enhancing their quality of life and promoting their overall well-being. By providing elderly housing services, Albion Associates plays a crucial role in supporting this vulnerable population, contributing to their dignity and independence.
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Impact
October, 2024
Albion Associates significantly impacts the community by providing affordable housing specifically designed for the elderly. By offering 16 apartment units, the organization ensures that qualified residents have access to safe and comfortable living environments tailored to their needs. This initiative not only addresses the critical housing shortfall for senior citizens in Albion, ME, but also enhances their quality of life by fostering a supportive and secure community. The focus on elderly housing services strengthens the social fabric of the area, promoting independence and dignity among its senior residents.
This information is meant to be a general summary of Albion Associates. 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: $1,058
- Program Service Revenue: $62,232
- Gross Receipts: $211,993
Assets and Liabilities:
- Total Assets: $808,610
- Total Liabilities: $791,221
- Net Assets: $17,389
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$61,340
MISCELLANEOUS
Revenue
$892
Organization Details
Founding Year
1994
Phone
(207) 437-5251Principal Officer
Frank Cronkite
Main Address
CO FRANK CRONKITE PO BOX 122, ALBION, ME, 04910
NTEE Category
Code: L22Z - Housing
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