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Grasse River Housing Corporation

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

EIN: 161121595 ✦ Madrid, NY ✦ Designated as a 501(c)(3)

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Overview

What is Grasse River Housing Corporation?

Grasse River Housing Corporation is a nonprofit organization dedicated to offering housing solutions for elderly and disabled individuals with limited income. Established with an eight-unit apartment building, the corporation's primary mission is to provide a safe and comfortable living environment for this specific demographic. The corporation's activities revolve around ensuring the well-being and support of its residents, making it an essential resource in the community.

Is Grasse River Housing Corporation legitimate?

Grasse River Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grasse River Housing Corporation submitted a form 990EZ, 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.

What is the mission statement of Grasse River Housing Corporation?

Grasse River Housing Corporation is dedicated to serving the housing needs of elderly and disabled individuals. Through the operation of an eight-unit apartment building, the corporation provides affordable housing for this specific demographic, ensuring they have a suitable living space. The corporation's mission is to contribute to the well-being of these individuals by offering them a secure and comfortable home within their means.

Who is the CEO of Grasse River Housing Corporation?

Joe Finnegan is the President of Grasse River Housing Corporation.

What is the revenue of Grasse River Housing Corporation?

Grasse River Housing Corporation's revenue in 2022 was $67,122.

Who are the executives of Grasse River Housing Corporation and what are their salaries?


Here are 6 key members and their salaries:


Joe Finnegan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Terriah (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Terriah (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Watson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Labarge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Grasse River Housing Corporation?

Grasse River Housing Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Grasse River Housing Corporation

Grasse River Housing Corporation is an organization dedicated to providing housing solutions for elderly and disabled individuals with low income. Their mission is to operate an eight-unit apartment building that serves as a sanctuary for these vulnerable individuals, offering them a safe and comfortable living space. By providing housing, Grasse River Housing Corporation aims to contribute to their residents' overall well-being and quality of life, enabling them to live with dignity and independence. The corporation's mission aligns with the importance of ensuring that every individual, regardless of age or ability, has access to basic necessities such as housing.

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Impact




August, 2024

Grasse River Housing Corporation's impact is significant as it provides affordable housing options to low-income elderly and disabled individuals in MADRID, NY. With an eight-unit apartment building dedicated to serving this demographic, the corporation plays a crucial role in ensuring that these vulnerable populations have a secure and comfortable place to live. By addressing the housing needs of those who may face financial challenges or mobility issues, Grasse River Housing Corporation contributes to enhancing the quality of life for these individuals and promoting a sense of community and support within the area.




This information is meant to be a general summary of Grasse River Housing Corporation. 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
$67,122 (2022)
Expenses
$68,670 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,968
  • Program Service Revenue: $63,906
  • Gross Receipts: $67,312

Assets and Liabilities:

  • Total Assets: $236,673
  • Total Liabilities: $4,824
  • Net Assets: $231,849

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Organization Details

Principal Officer

Joe Finnegan

Main Address

1901 STATE HIGHWAY 345, MADRID, NY, 13660

NTEE Category

Code: L20Z - Housing

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