Madison Hostels Inc

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

EIN: 161055767 ✦ Oneida, NY ✦ Designated as a 501(c)(3)

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Overview

What is Madison Hostels Inc?

Madison Hostels Inc, located in Oneida, New York, is a nonprofit organization that primarily focuses on providing residential facilities for individuals with developmental disabilities. They lease these housing units to NYSARC, Inc., a related entity that offers supportive services for this population. By offering residential accommodations, Madison Hostels Inc contributes to the well-being and independence of developmentally disabled individuals, playing a crucial role in their overall care and support.

Is Madison Hostels Inc legitimate?

Madison Hostels Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Hostels 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

What is the mission statement of Madison Hostels Inc?

Madison Hostels Inc, as an organization, is committed to providing residential facilities for individuals with developmental disabilities. Their mission is centered around offering suitable living spaces to cater to the needs of this specific group of people. They accomplish this by working in collaboration with NYSARC, Inc., a related entity, which provides essential services to the developmentally disabled. By offering residential facilities, this organization aims to contribute positively to the lives of these individuals, enhancing their overall quality of living.

Who is the CEO of Madison Hostels Inc?

Karen Manser is the President of Madison Hostels Inc.

What is the revenue of Madison Hostels Inc?

Madison Hostels Inc's revenue in 2022 was $82,519.

Who are the executives of Madison Hostels Inc and what are their salaries?

There 4 volunteers at Madison Hostels Inc.


Here are 4 key members and their salaries:


Eric Stickels (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Betro (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Zifchock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Getman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madison Hostels Inc?

Madison Hostels Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Madison Hostels Inc

Madison Hostels Inc, as a nonprofit organization, is dedicated to providing residential facilities for individuals with developmental disabilities. This mission is carried out through their partnership with NYSARC, Inc. Madison Cortland Counties Chapter, a related entity that offers services to this particular group of people. By leasing housing units to NYSARC, Madison Hostels Inc contributes to the provision of a supportive living environment for those with developmental disabilities, thereby enabling them to live with dignity and independence.

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Impact




October, 2024

Madison Hostels Inc significantly impacts the community by providing essential residential facilities for developmentally disabled individuals. By owning and renting housing units to NYSARC, Inc. Madison Cortland Counties Chapter, the organization ensures that those in need have access to safe and supportive living environments. This initiative not only addresses the critical housing requirements of developmentally disabled persons but also promotes independence and community integration. The availability of such specialized housing plays a vital role in enhancing the quality of life for individuals and their families, contributing to a more inclusive society in Oneida, NY.




This information is meant to be a general summary of Madison Hostels 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
$82,519 (2022)
Expenses
$96,214 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $82,519
  • Gross Receipts: $82,519

Assets and Liabilities:

  • Total Assets: $689,751
  • Total Liabilities: $188,011
  • Net Assets: $501,740

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Programs

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

RENT REVENUE

Revenue

$82,519

Organization Details

Founding Year

1980

Principal Officer

Karen Manser

Main Address

701 LENOX AVENUE, ONEIDA, NY, 134211523

NTEE Category

Code: L41 - Housing

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