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Plaza Esperanza Inc

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

EIN: 050495603 ✦ Providence, RI ✦ Designated as a 501(c)(3)

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Overview

What is Plaza Esperanza Inc?

Plaza Esperanza Inc is a nonprofit organization situated in West Warwick, Rhode Island. Their primary mission, as stated under Section 202 of the National Affordable Housing Act, is to provide affordable housing for senior citizens and individuals with disabilities. They accomplish this by owning and managing a 56-unit apartment complex in West Warwick, which is specifically designed for low-income elderly and disabled individuals. This housing initiative aims to contribute positively to their community by offering a safe and affordable living environment.


Official website here: www.wdchoc.org

Is Plaza Esperanza Inc legitimate?

Plaza Esperanza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plaza Esperanza 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: $138,630

For more financial information, click here


Official website here: www.wdchoc.org

What is the mission statement of Plaza Esperanza Inc?

Plaza Esperanza Inc is committed to providing affordable housing for senior citizens and individuals with disabilities. This is achieved under Section 202 of the National Affordable Housing Act. The organization operates an apartment complex, housing 56 units, specifically designed for low-income elderly and disabled individuals, situated in West Warwick, Rhode Island. Their primary goal is to ensure that these vulnerable groups have access to affordable housing, thereby enhancing their quality of life.


Official website here: www.wdchoc.org

Who is the CEO of Plaza Esperanza Inc?

Dean Harrison is the Chair of Plaza Esperanza Inc.


Official website here: www.wdchoc.org

What is the revenue of Plaza Esperanza Inc?

Plaza Esperanza Inc's revenue in 2021 was $430,830.


Official website here: www.wdchoc.org

Who are the executives of Plaza Esperanza Inc and what are their salaries?


Here are 8 key members and their salaries:


Julia Bush (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Sabbagh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Colt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Talmage (Treas And Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Zurek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Kellam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Comer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wdchoc.org

Where can I find the form 990 for Plaza Esperanza Inc?

Plaza Esperanza Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.wdchoc.org

Learn more at the official website: www.wdchoc.org

Mission Statement of Plaza Esperanza Inc

Plaza Esperanza Inc, a nonprofit organization, is committed to providing affordable housing for senior citizens and individuals with disabilities. In line with Section 202 of the National Affordable Housing Act, this mission is carried out with dedication and dedication. The organization's primary objective is to create an environment where these individuals can live comfortably and with dignity, free from financial burden.

To achieve this mission, Plaza Esperanza Inc owns and operates a 56-unit apartment complex in an unspecified location. This complex is specifically designed for low-income elderly and disabled individuals, providing them with a secure and affordable living space. By providing such housing, the organization aims to contribute positively to the lives of these individuals, enabling them to focus on their well-being and personal growth.

In essence, Plaza Esperanza Inc's mission is about more than just providing housing. It's about creating a community where individuals can thrive, regardless of their age or disability. The organization's commitment to this mission under Section 202 of the National Affordable Housing Act is a testament to its dedication to enhancing the lives of those it serves.

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Impact




October, 2024

Plaza Esperanza Inc significantly enhances the quality of life for senior citizens and individuals with disabilities in West Warwick, Rhode Island, by providing affordable housing solutions. Operating a 56-unit apartment complex, it creates a supportive community environment where low-income elderly and disabled individuals can find secure and comfortable living conditions.

This initiative directly addresses the critical need for accessible housing, ensuring that residents can age in place or live independently while receiving the necessary support. By aligning with the Section 202 of the National Affordable Housing Act, Plaza Esperanza Inc not only meets housing needs but also fosters social inclusion and stability for its residents. The impact extends beyond just housing; it contributes to the overall well-being of some of the most vulnerable members of the community, allowing them to thrive in a nurturing and affordable environment.




This information is meant to be a general summary of Plaza Esperanza 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
$430,830 (2021)
Expenses
$559,942 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $134
  • Program Service Revenue: $235,227
  • Gross Receipts: $430,830

Assets and Liabilities:

  • Total Assets: $2,672,085
  • Total Liabilities: $4,918,223
  • Net Assets: -$2,246,138

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Programs

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

TENANT RENT

Revenue

$232,366

LAUNDRY REVENUE

Revenue

$2,237

TENANT CHARGES

Revenue

$624

Organization Details

Founding Year

1998

Principal Officer

Dean Harrison

Main Address

861A BROAD ST, PROVIDENCE, RI, 02907

NTEE Category

Code: L22 - Housing

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