Overview
What is The Apartments At Mater Dolorosa?
The Apartments at Mater Dolorosa is a nonprofit organization situated in New Orleans, Louisiana, specifically at 2729 Lowerline Street. Its primary focus is on providing affordable housing for senior citizens, with a total of 68 units available. This project operates an apartment complex that caters specifically to this age group, ensuring they have access to comfortable and reasonably priced accommodations.
Is The Apartments At Mater Dolorosa legitimate?
The Apartments At Mater Dolorosa is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Apartments At Mater Dolorosa 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: $153,931
For more financial information, click here
What is the mission statement of The Apartments At Mater Dolorosa?
The Apartments At Mater Dolorosa operates an apartment complex, housing 68 senior citizens, with affordable rents serving as their primary mission. This project is committed to providing affordable living spaces for this age group, ensuring they can reside comfortably. By managing low-income housing for senior citizens, the project aims to contribute positively to their lives, offering them a suitable living environment.
Who is the CEO of The Apartments At Mater Dolorosa?
Deacon Dennis F Adams is the Secretary of The Apartments At Mater Dolorosa.
What is the revenue of The Apartments At Mater Dolorosa?
The Apartments At Mater Dolorosa's revenue in 2022 was $895,046.
Who are the executives of The Apartments At Mater Dolorosa and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $134,458
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Apartments At Mater Dolorosa?
The Apartments At Mater Dolorosa's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Apartments At Mater Dolorosa
The Apartments at Mater Dolorosa is dedicated to providing affordable housing for senior citizens. This nonprofit organization operates an apartment complex, housing 68 units specifically designed for this demographic. Through its mission, it aims to offer these senior residents a comfortable living environment. The project managed by The Apartments at Mater Dolorosa is instrumental in ensuring that elderly individuals have access to reasonably priced accommodation, thereby enhancing their quality of life.
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Impact
October, 2024
The Apartments At Mater Dolorosa significantly enhances the quality of life for senior citizens by providing stable, affordable housing in New Orleans. By operating a complex with 68 units, it creates an environment where low-income seniors can live independently while accessing essential services and a supportive community. This initiative not only alleviates the pressures of housing costs but also fosters social connections among residents, combating isolation often experienced in later life. Moreover, its impact goes beyond individual well-being; it contributes to neighborhood stability and promotes a sense of belonging among the elderly population. Through its commitment to affordable rents, The Apartments At Mater Dolorosa plays a crucial role in addressing the housing needs of vulnerable seniors, ensuring they have a safe and dignified place to call home.
This information is meant to be a general summary of The Apartments At Mater Dolorosa. 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: $593
- Program Service Revenue: $894,453
- Gross Receipts: $895,046
Assets and Liabilities:
- Total Assets: $7,748,491
- Total Liabilities: $8,298,811
- Net Assets: -$550,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$878,759
PPP LOAN FORGIVENESS
Revenue
$15,694
Organization Details
Founding Year
2005
Phone
(504) 596-3460Principal Officer
Deacon Dennis F Adams
Main Address
2729 LOWERLINE STREET, NEW ORLEANS, LA, 701253530
NTEE Category
Code: L22 - Housing
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