Overview
What is Memorial Hall Housing Inc?
Memorial Hall Housing Inc, situated in Ipswich, Massachusetts, is a nonprofit organization dedicated to providing affordable housing for low-income elderly individuals. As a federally subsidized rental property, the organization receives financial assistance to ensure that eligible residents can afford their living expenses. The mission of Memorial Hall Housing Inc is centered around this purpose, offering a comfortable and secure living environment for its elderly residents.
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Is Memorial Hall Housing Inc legitimate?
Memorial Hall Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Hall Housing 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.
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Other Salaries and Wages: $20,951
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Official website here: www.none
What is the mission statement of Memorial Hall Housing Inc?
Memorial Hall Housing Inc serves as a federally subsidized rental facility, catering to the elderly population with low income. Its mission is centered around providing affordable housing solutions for this demographic, ensuring they have a suitable living environment. The organization's primary goal is to support the elderly individuals who are financially disadvantaged, offering them a place to call home. The property, in essence, serves as a beacon of assistance, enabling these individuals to maintain their independence and dignity in their later years.
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Who is the CEO of Memorial Hall Housing Inc?
James Whitmore is the President of Memorial Hall Housing Inc.
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What is the revenue of Memorial Hall Housing Inc?
Memorial Hall Housing Inc's revenue in 2023 was $165,383.
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Who are the executives of Memorial Hall Housing Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Memorial Hall Housing Inc
Memorial Hall Housing Inc serves as a federally subsidized rental facility, catering specifically to the elderly population with low income. Their mission is to provide affordable housing solutions, ensuring that this vulnerable group has access to a secure living environment. This nonprofit organization is committed to fostering a community where the elderly can enjoy a dignified and comfortable living situation, free from financial strain. By offering subsidized rent, Memorial Hall Housing Inc enables elderly individuals to maintain their independence and livelihood, without the burden of exorbitant housing costs.
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Impact
October, 2024
Memorial Hall Housing Inc significantly enhances the quality of life for low-income elderly residents in Ipswich, MA, by providing affordable, federally subsidized rental housing. This facility addresses a crucial need in the community, ensuring that seniors have access to safe and stable living environments. By alleviating financial burdens associated with housing costs, Memorial Hall Housing Inc enables residents to focus on their health, well-being, and social connections. The presence of such supportive housing fosters a sense of community among the residents, contributing to their overall happiness and reducing the isolation often experienced by elderly individuals.
This information is meant to be a general summary of Memorial Hall Housing 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 2023.
- Investment Income: $4,920
- Program Service Revenue: $33,212
- Gross Receipts: $165,383
Assets and Liabilities:
- Total Assets: $1,609,593
- Total Liabilities: $474,560
- Net Assets: $1,135,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$33,212
Organization Details
Founding Year
2003
Phone
(978) 356-1530Principal Officer
James Whitmore
Main Address
35 CENTRAL STREET, IPSWICH, MA, 01938
Website
www.noneNTEE Category
Code: L20 - Housing
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