Overview
What is Westbay Housing Corporation?
Westbay Housing Corporation is a nonprofit organization situated in Warwick, Rhode Island (RI), specifically at 224 Buttonwoods Avenue. Their primary objective is to assist individuals and families with low to moderate incomes in achieving and maintaining self-sufficiency. They accomplish this goal by offering rental opportunities. This mission extends beyond just providing housing, aiming to empower and support these communities in their journey towards financial independence.
Is Westbay Housing Corporation legitimate?
Westbay Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westbay Housing Corporation 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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What is the mission statement of Westbay Housing Corporation?
Westbay Housing Corporation is committed to helping low to moderate income individuals and families achieve and maintain self-sufficiency. They accomplish this by providing rental opportunities. This organization's mission is centered around empowering these individuals and families, offering them a chance to establish financial stability and independence. By offering rental opportunities, Westbay Housing Corporation plays a crucial role in fostering self-reliance and improving living conditions for those in need.
Who is the CEO of Westbay Housing Corporation?
Paul Salera is the Chair of Westbay Housing Corporation. The CEO's salary of Westbay Housing Corporation is $0 and their total compensation is $152,384.
What is the revenue of Westbay Housing Corporation?
Westbay Housing Corporation's revenue in 2022 was $13,173.
Who are the executives of Westbay Housing Corporation and what are their salaries?
Here are 17 key members and their salaries (Westbay Housing Corporation's CEO's salary is $0 and their total compensation is $152,384):
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- Other: $5,390
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- Related: $120,858
- Other: $10,127
Where can I find the form 990 for Westbay Housing Corporation?
Westbay Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Westbay Housing Corporation
Westbay Housing Corporation is a dedicated organization that aims to assist low to moderate income individuals and families in their journey towards self-sufficiency. Their mission is primarily focused on providing rental opportunities, serving as a crucial stepping stone for these individuals and families. By offering suitable housing solutions, Westbay Housing Corporation plays a significant role in empowering its recipients to achieve and sustain financial independence. The corporation's mission is an essential contribution to the community, enabling many individuals and families to overcome housing-related challenges and build a solid foundation for their future.
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Impact
August, 2024
Westbay Housing Corporation's impact lies in its mission to assist low to moderate income individuals and families in achieving and sustaining self-sufficiency by providing rental opportunities. Through their work in Warwick, RI, they play a crucial role in addressing housing challenges faced by vulnerable populations. By offering affordable housing options, Westbay Housing Corporation contributes to enhancing the quality of life for those in need, promoting stability, and fostering a sense of community among its residents. Their dedication to supporting individuals and families on their path towards self-sufficiency positively impacts the overall well-being of the community.
This information is meant to be a general summary of Westbay 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $9,552
- Gross Receipts: $13,173
Assets and Liabilities:
- Total Assets: $313,639
- Total Liabilities: $433,230
- Net Assets: -$119,591
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$9,552
Organization Details
Founding Year
2004
Phone
(401) 732-4666Principal Officer
Paul Salera
Main Address
224 BUTTONWOODS AVENUE, WARWICK, RI, 02886
NTEE Category
Code: L20 - Housing
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