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Mei Wah Village Inc

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

EIN: 043265611 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Mei Wah Village Inc?

Mei Wah Village Inc is a nonprofit organization situated in Boston, Massachusetts. With a mission to provide affordable housing for the elderly, they own and manage a 41-unit elderly housing project in the city. This housing project serves as a vital resource, offering a secure and affordable living environment for the elderly population in the area. Mei Wah Village Inc is committed to enhancing the quality of life for its residents and contributing to the community's senior population.

Is Mei Wah Village Inc legitimate?

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

Mei Wah Village Inc., as a nonprofit corporation, is committed to providing affordable housing solutions for the elderly. They operate a 41-unit elderly housing project, offering a sanctuary for senior citizens who may have limited income. The organization's mission revolves around ensuring that elderly individuals have access to affordable housing, thereby enhancing their quality of life and providing them with a secure living environment.

Who is the CEO of Mei Wah Village Inc?

Scott Hanson is the Director of Mei Wah Village Inc.

What is the revenue of Mei Wah Village Inc?

Mei Wah Village Inc's revenue in 2022 was $271,875.

Who are the executives of Mei Wah Village Inc and what are their salaries?

There 8 volunteers at Mei Wah Village Inc.


Here are 8 key members and their salaries:


Li Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Chin (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Graves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hanson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianna Riemer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Chin Schlichte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Min Wu (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Lam Yee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mei Wah Village Inc?

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

Mission Statement of Mei Wah Village Inc

Mei Wah Village Inc, a nonprofit corporation, is committed to providing affordable housing for the elderly. Their mission is centered around operating a 41-unit elderly housing project, ensuring that low-income elderly individuals have a place to call home. This organization is dedicated to making a difference in the lives of the elderly, offering them a secure and affordable living space.

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Impact




October, 2024

Mei Wah Village Inc significantly impacts the Boston community by providing affordable housing specifically tailored for low-income elderly residents. With a 41-unit elderly housing project, it addresses a crucial need for accessible living options for seniors who may struggle financially. By creating a supportive environment, Mei Wah Village contributes to the stability and well-being of its residents, allowing them to maintain their independence while being part of a community. This focus on affordable housing helps alleviate the challenges faced by elderly individuals in finding safe and secure living arrangements, ultimately enhancing their quality of life and fostering dignity in their later years.




This information is meant to be a general summary of Mei Wah Village 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
$271,875 (2022)
Expenses
$359,184 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $99
  • Program Service Revenue: $271,776
  • Gross Receipts: $271,875

Assets and Liabilities:

  • Total Assets: $1,712,087
  • Total Liabilities: $3,210,665
  • Net Assets: -$1,498,578

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Programs

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

RENTAL INCOME

Revenue

$267,935

OTHER INCOME

Revenue

$3,841

Organization Details

Founding Year

1995

Principal Officer

Scott Hanson

Main Address

10 MAPLE PLACE, BOSTON, MA, 02111

NTEE Category

Code: L220 - Housing

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