Overview
What is Wilson Street Apartments Inc?
Wilson Street Apartments Inc, located at 4 Richmond Square 4th Floor, Providence, RI 02906, is a nonprofit organization dedicated to providing low-income housing facilities for individuals experiencing chronic mental illness. Their mission aligns with that of Providence Center Inc, aiming to meet the physical, social, and psychological needs of their residents. The organization manages 10 housing units, focusing on offering a supportive environment that caters to the unique needs of its inhabitants.
Official website here: www.theprovidencecenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Wilson Street Apartments Inc has achieved an overall score of 87%, reflecting a strong emphasis on accountability and finance. The charity's high score can be attributed to its independent governance, with 66% of its board members being independent, and the absence of any material diversion of assets. The organization also demonstrates transparency with its policies listed on its website and maintains thorough documentation of board meeting minutes.
The charity excels in financial management, as evidenced by a low liabilities to assets ratio of 22.83% and complete allocation of expenses towards its programs. This indicates a solid commitment to utilizing resources effectively to support its mission. The presence of established policies such as conflict of interest and whistleblower policies further enhances its governance framework.
While the rating is commendable, it is important for potential donors and stakeholders to consider the organization's programs and impact. Although financial metrics are strong, understanding the effectiveness and reach of its services would provide a more comprehensive view of its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Wilson Street Apartments Inc legitimate?
Wilson Street Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wilson Street Apartments 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
Official website here: www.theprovidencecenter.org
What is the mission statement of Wilson Street Apartments Inc?
Wilson Street Apartments Inc, as a related tax-exempt affiliate, is dedicated to providing low-income housing facilities for individuals suffering from chronic mental illness. The apartments are designed to cater to the physical, social, and psychological needs of the occupants. This mission is carried out in conjunction with and in support of The Providence Center Inc. The organization manages 10 units of such housing, focusing on providing a suitable living environment for those in need.
Official website here: www.theprovidencecenter.org
Who is the CEO of Wilson Street Apartments Inc?
Mary Marran is the President/Coo-Trustee of Wilson Street Apartments Inc.
Official website here: www.theprovidencecenter.org
What is the revenue of Wilson Street Apartments Inc?
Wilson Street Apartments Inc's revenue in 2022 was $161,826.
Official website here: www.theprovidencecenter.org
Who are the executives of Wilson Street Apartments Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $404,175
- Other: $39,640
- Compensation: $0
- Related: $224,989
- Other: $17,400
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theprovidencecenter.org
Where can I find the form 990 for Wilson Street Apartments Inc?
Wilson Street Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theprovidencecenter.org
Learn more at the official website: www.theprovidencecenter.org
Mission Statement of Wilson Street Apartments Inc
Wilson Street Apartments Inc, as a related tax-exempt organization under Internal Revenue Code Section 501(c)(3), is committed to providing low-income housing facilities for individuals struggling with chronic mental illness. Their mission is twofold: firstly, to offer housing accommodations that cater to the physical, social, and psychological needs of its inhabitants. Secondly, Wilson Street Apartments Inc works in conjunction with and in support of The Providence Center, Inc. This mission aims to create an inclusive living environment that prioritizes the well-being of its residents, ensuring they have access to the necessary resources to lead fulfilling lives. The organization manages 10 units of low-income housing, dedicating its resources to this cause.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Wilson Street Apartments Inc plays a crucial role in addressing the housing needs of individuals with chronic mental illness in Providence, Rhode Island. By providing low-income housing facilities, it ensures that some of the most vulnerable members of the community have access to safe and supportive living environments. The organization manages 10 units specifically designed to meet the physical, social, and psychological needs of its occupants.
This initiative not only offers shelter but also fosters a sense of community and belonging among residents. By partnering with the Providence Center, Inc., Wilson Street Apartments Inc enhances its ability to support tenants, integrating housing with necessary mental health services. This holistic approach helps individuals achieve greater stability and improves their overall quality of life, empowering them to thrive despite their challenges.
This information is meant to be a general summary of Wilson Street Apartments 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: $141
- Program Service Revenue: $161,685
- Gross Receipts: $161,826
Assets and Liabilities:
- Total Assets: $1,221,505
- Total Liabilities: $278,933
- Net Assets: $942,572
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$101,990
OTHER PROGRAM RELATED REVENUE
Revenue
$59,695
Organization Details
Founding Year
2001
Phone
(401) 921-7602Principal Officer
Mary Marran
Main Address
4 RICHMOND SQUARE 4TH FLOOR, PROVIDENCE, RI, 02906
Website
www.theprovidencecenter.orgNTEE Category
Code: L20 - Housing
If you are a representative of Wilson Street Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.