Overview
What is Northgate Residents Ownership Corporation?
Northgate Residents Ownership Corporation is a nonprofit organization located in Burlington, Vermont, specifically at 275 Northgate Road. Their primary mission is the preservation of affordable housing in the area, with a strong emphasis on community involvement. Led by its residents, the corporation aims to establish a secure, inclusive, and vibrant community by maintaining the 336-unit affordable housing complex in Burlington, VT.
Official website here: www.northgateapartmentsvt.org
Is Northgate Residents Ownership Corporation legitimate?
Northgate Residents Ownership Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northgate Residents Ownership 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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Official website here: www.northgateapartmentsvt.org
What is the mission statement of Northgate Residents Ownership Corporation?
The Northgate Residents Ownership Corporation is dedicated to the preservation of affordable housing. Guided by its resident community, its mission is to establish a safe, robust, and diverse living environment. The corporation is committed to maintaining permanently affordable housing units, aiming to foster a sense of unity and security among its residents.
Official website here: www.northgateapartmentsvt.org
Who is the CEO of Northgate Residents Ownership Corporation?
Tim Moran is the President of Northgate Residents Ownership Corporation.
Official website here: www.northgateapartmentsvt.org
What is the revenue of Northgate Residents Ownership Corporation?
Northgate Residents Ownership Corporation's revenue in 2022 was $360,941.
Official website here: www.northgateapartmentsvt.org
Who are the executives of Northgate Residents Ownership Corporation and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.northgateapartmentsvt.org
Where can I find the form 990 for Northgate Residents Ownership Corporation?
Northgate Residents Ownership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northgateapartmentsvt.org
Learn more at the official website: www.northgateapartmentsvt.org
Mission Statement of Northgate Residents Ownership Corporation
Northgate Residents Ownership Corporation, a nonprofit organization, is dedicated to preserving affordable housing. Guided by its resident members, the corporation aims to create a safe, strong, and diverse community. Their mission is centered around permanently affordable housing, striving to foster an environment where everyone can thrive. By committing to this cause, Northgate Residents Ownership Corporation is playing a significant role in promoting social equality and community cohesion.
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Impact
October, 2024
Northgate Residents Ownership Corporation plays a crucial role in preserving affordable housing in Burlington, Vermont. By overseeing a 336-unit affordable housing complex, the organization ensures that residents have access to stable and reasonably priced homes.
This commitment to permanently affordable housing is instrumental in fostering a safe, strong, and diverse community. The organization empowers residents to take an active role in the management and decision-making processes, which not only enhances their living environment but also strengthens community ties. Through its efforts, Northgate Residents Ownership Corporation helps combat housing insecurity and contributes to the overall vibrancy and sustainability of Burlington.
This information is meant to be a general summary of Northgate Residents Ownership 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: $1,784
- Program Service Revenue: $359,157
- Gross Receipts: $360,941
Assets and Liabilities:
- Total Assets: $2,973,741
- Total Liabilities: $0
- Net Assets: $2,973,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLOW THROUGH ACTIVITIE
Revenue
$359,157
Organization Details
Founding Year
1989
Phone
(802) 658-2722Principal Officer
Tim Moran
Main Address
275 NORTHGATE ROAD, BURLINGTON, VT, 05408
NTEE Category
Code: L20Z - Housing
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