Overview
What is Senior Living Inc?
Senior Living Inc is a nonprofit organization situated in Wellesley, Massachusetts. Its primary mission is to offer affordable housing solutions for senior citizens and individuals in financial need, specifically municipal employees. This is accomplished through the rental of 24 living units for elderly residents and an additional 4 units for municipal employees facing financial hardships, all at rates below the market average. The organization's goal is to ensure that these vulnerable populations have access to suitable living accommodations.
Is Senior Living Inc legitimate?
Senior Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Living 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: $36,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Senior Living Inc?
Senior Living Inc's mission is centered around providing affordable housing solutions. The organization offers 24 living units to senior citizens at below market rates, and an additional four units to municipal employees in financial need, also at reduced rates. This mission is aimed at making housing accessible to those who might not otherwise be able to afford it, thereby contributing to their well-being and quality of life. The organization's activities are geared towards achieving this goal, providing an affordable housing option for its targeted demographic.
Who is the CEO of Senior Living Inc?
David Himmelberger is the President of Senior Living Inc.
What is the revenue of Senior Living Inc?
Senior Living Inc's revenue in 2022 was -$94,725.
Who are the executives of Senior Living Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Senior Living Inc?
Senior Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Senior Living Inc
Senior Living Inc, a nonprofit organization, is dedicated to providing affordable housing solutions. Its mission is twofold: firstly, it offers 24 living units to senior citizens at rates below the market average. This initiative aims to ensure that elderly individuals have access to suitable living accommodations without facing financial burdens. Secondly, Senior Living Inc extends its affordability benefits to municipal employees who are in financial need. It provides 4 living units to these individuals at below market rates. This aspect of its mission demonstrates the organization's commitment to supporting those who serve their community and may struggle financially. In essence, Senior Living Inc's mission is to make housing accessible and affordable for senior citizens and municipal employees in need, thereby contributing to their overall well-being.
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Impact
October, 2024
Senior Living Inc significantly impacts the community by providing affordable housing options to senior citizens and municipal employees in need. By renting 24 living units to seniors at below market rates, the organization ensures that older adults can maintain their independence and quality of life without the financial burden that often accompanies housing costs. Additionally, the provision of 4 living units to municipal employees facing financial difficulties fosters a supportive environment for those who serve the community. Located in Wellesley, MA, Senior Living Inc plays a crucial role in addressing housing challenges, promoting stability, and enhancing the overall well-being of vulnerable populations in the area.
This information is meant to be a general summary of Senior Living 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$51,512
- Gross Receipts: $304,974
Assets and Liabilities:
- Total Assets: $1,427,955
- Total Liabilities: $265,592
- Net Assets: $1,162,363
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Organization Details
Phone
(781) 235-3400Principal Officer
David Himmelberger
Main Address
C/O HIMMELBERGER ONE HOLLIS ST 410, WELLESLEY, MA, 02482
NTEE Category
Code: L22 - Housing
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