Overview
What is Warehouse Point Housing For The Elderly Inc?
Warehouse Point Housing For The Elderly Inc is a nonprofit organization situated in East Windsor, Connecticut. They own and manage a 43-unit elderly housing complex, funded by a rental assistance contract with Rural Development. This agreement ensures rental subsidies for the elderly and low-income individuals residing in the complex. The organization's mission is to provide affordable senior housing in the East Windsor area, with a focus on offering reduced-rate apartment housing for this demographic.
Is Warehouse Point Housing For The Elderly Inc legitimate?
Warehouse Point Housing For The Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warehouse Point Housing For The Elderly 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:
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What is the mission statement of Warehouse Point Housing For The Elderly Inc?
Warehouse Point Housing For The Elderly Inc's mission is centered around providing affordable senior housing. Their primary goal is to offer reduced-rate apartment units to elderly individuals who fall under the low or moderate income category. This organization operates a government-sponsored elderly housing complex, which houses 43 units in total. To make the housing more accessible, they have a rental assistance contract with Rural Development, which provides rental subsidies. This contract helps to lower the financial burden for the eligible residents.
Who is the CEO of Warehouse Point Housing For The Elderly Inc?
Donald Arcari is the President of Warehouse Point Housing For The Elderly Inc.
What is the revenue of Warehouse Point Housing For The Elderly Inc?
Warehouse Point Housing For The Elderly Inc's revenue in 2021 was $403,318.
Who are the executives of Warehouse Point Housing For The Elderly Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Warehouse Point Housing For The Elderly Inc?
Warehouse Point Housing For The Elderly Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Warehouse Point Housing For The Elderly Inc
Warehouse Point Housing for the Elderly Inc is a committed organization with a mission to provide affordable senior housing. Its primary goal is to offer reduced-rate apartment living for elderly individuals and those with low or moderate incomes. The nonprofit achieves this by operating a government-sponsored, 43-unit elderly housing apartment complex. To make housing more accessible, Warehouse Point Housing for the Elderly Inc has a rental assistance contract with Rural Development. This contract provides rental subsidies, further easing the financial burden for its residents. In essence, the nonprofit's mission is to ensure that elderly individuals have access to affordable housing, thus contributing to their overall well-being and quality of life.
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Impact
October, 2024
Warehouse Point Housing For The Elderly Inc significantly impacts its community by providing affordable apartment housing specifically targeted at elderly individuals and those with low or moderate incomes in East Windsor, Connecticut. By owning and operating a 43-unit elderly housing apartment complex, it addresses a critical need for accessible and manageable living conditions for seniors.
The organization facilitates enhanced quality of life for its residents through affordable rent options made possible by a rental assistance contract with Rural Development. This subsidy ensures that seniors can reside in a safe and supportive environment without the burden of financial strain, allowing them to retain their independence while also fostering a sense of community among residents.
Additionally, Warehouse Point Housing For The Elderly Inc plays a vital role in promoting social inclusion and stability for elderly individuals, ensuring they have access to essential services and support systems that can enhance their overall well-being. The availability of reduced-rate housing not only alleviates housing insecurity for this vulnerable population but also strengthens the local community by providing an essential service that encourages aging in place.
This information is meant to be a general summary of Warehouse Point Housing For The Elderly 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 2021.
- Investment Income: $282
- Program Service Revenue: $187,423
- Gross Receipts: $403,318
Assets and Liabilities:
- Total Assets: $945,316
- Total Liabilities: $745,374
- Net Assets: $199,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE - TENANTS
Revenue
$166,464
LAUNDRY & OTHER
Revenue
$20,959
Organization Details
Founding Year
1974
Phone
(860) 658-4211Principal Officer
Donald Arcari
Main Address
235R MAIN STREET, EAST WINDSOR, CT, 06088
NTEE Category
Code: L22 - Housing
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