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Edison Terrace West

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

EIN: 205057014 ✦ Kennewick, WA ✦ Designated as a 501(c)(3)

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Overview

What is Edison Terrace West?

Edison Terrace West is a nonprofit organization, specifically established to manage a 45-unit apartment complex. Its primary aim is to offer affordable housing and essential services to low-income senior citizens, situated at 520 North Edison Street, Kennewick, Washington, 99336. The organization's mission involves acquiring and operating this complex to ensure the well-being of the elderly community in the region.

Is Edison Terrace West legitimate?

Edison Terrace West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edison Terrace West 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: $49,142

For more financial information, click here

What is the mission statement of Edison Terrace West?

Edison Terrace West is an organization with a mission to acquire and operate a 45-unit apartment complex, providing affordable housing and services for senior citizens. This entity was established with the aim of offering a living space and necessary assistance to individuals in their golden years who may have limited financial resources. By operating this complex, Edison Terrace West seeks to contribute positively to the community, ensuring that senior citizens have a secure and supportive living environment.

Who is the CEO of Edison Terrace West?

W Richard Barchet is the President of Edison Terrace West.

What is the revenue of Edison Terrace West?

Edison Terrace West's revenue in 2023 was $274,701.

Who are the executives of Edison Terrace West and what are their salaries?


Here are 7 key members and their salaries:


Richard Barchet (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Cross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Haffner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Gustafson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warner Blyckert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Edison Terrace West?

Edison Terrace West's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Edison Terrace West

Edison Terrace West, a nonprofit organization, is dedicated to acquiring and operating a 45-unit apartment complex specifically designed to provide affordable housing and essential services for senior citizens living on low incomes. The mission of Edison Terrace West is twofold: firstly, to provide a safe and comfortable living space for seniors who may be financially challenged, and secondly, to offer additional support services to enhance their quality of life. By operating this apartment complex, Edison Terrace West aims to contribute positively to the senior community, ensuring that they can age with dignity and independence.

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Impact




October, 2024

Edison Terrace West significantly impacts the community by providing a safe and affordable living environment for low-income seniors in Kennewick, WA. By operating a 45-unit apartment complex, it addresses the critical need for accessible housing options in an area where affordable senior living can be scarce.

Beyond just offering housing, Edison Terrace West enhances the quality of life for its residents by incorporating essential services tailored to the unique needs of seniors. This holistic approach fosters a sense of community, offering residents not only a place to live but also support and resources that promote their well-being. As a result, Edison Terrace West plays a crucial role in improving the overall stability and health of vulnerable populations in the region.




This information is meant to be a general summary of Edison Terrace West. 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
$274,701 (2023)
Expenses
$395,213 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,465
  • Program Service Revenue: $167,621
  • Gross Receipts: $274,701

Assets and Liabilities:

  • Total Assets: $3,314,707
  • Total Liabilities: $27,018
  • Net Assets: $3,287,689

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Programs

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

RENTAL INCOME

Revenue

$167,621

Organization Details

Founding Year

2006

Principal Officer

W Richard Barchet

Main Address

520 NORTH EDISON STREET, KENNEWICK, WA, 99336

NTEE Category

Code: L22 - Housing

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