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Sunrise Residence

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

EIN: 222478230 ✦ Machias, ME ✦ Designated as a 501(c)(3)

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Overview

What is Sunrise Residence?

Sunrise Residence is a nonprofit organization situated in Machias, Maine, dedicated to offering affordable housing opportunities for 12 low-income individuals with disabilities. Adhering to Housing and Urban Development's regulations and guidelines, this organization operates a 12-unit housing complex, providing residential services catering to adults with various disabilities, including mental health challenges. The primary mission of Sunrise Residence is to offer elderly and disabled housing, aiming to enhance living conditions for this specific population.

Is Sunrise Residence legitimate?

Sunrise Residence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunrise Residence 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 Sunrise Residence?

Sunrise Residence is committed to providing affordable housing for individuals with disabilities, adhering to the regulations and guidelines set by Housing and Urban Development. During the past year, they successfully housed 12 low-income individuals with disabilities. Located in an unspecified area, Sunrise Residence operates a 12-unit housing complex that offers residential services for adults with handicaps and mental challenges. The organization's primary mission is to ensure that these vulnerable adults have a suitable living environment, thereby contributing to their overall well-being.

Who is the CEO of Sunrise Residence?

Bill Cody is the President of Sunrise Residence.

What is the revenue of Sunrise Residence?

Sunrise Residence's revenue in 2023 was $208,097.

Who are the executives of Sunrise Residence and what are their salaries?


Here are 5 key members and their salaries:


M Todd Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Michaud Jr (Exec Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Sammer (Sectreas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Jenkins (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Cody (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sunrise Residence?

Sunrise Residence's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sunrise Residence

Sunrise Residence, a nonprofit organization, is dedicated to providing affordable housing for individuals with disabilities. In line with the regulations and guidelines set by Housing and Urban Development, Sunrise Residence housed 12 low-income individuals with disabilities during the previous year. The organization operates a 12-unit housing complex that caters specifically to adults with disabilities, offering them residential services in Machias, Maine. Sunrise Residence's mission is to create an inclusive living environment for handicapped and mentally challenged adults, ensuring they have access to safe and affordable housing.

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Impact




October, 2024

Sunrise Residence plays a significant role in the community by addressing the critical need for affordable housing for individuals with disabilities and the elderly. By operating a 12-unit housing complex in Machias, Maine, it has successfully provided shelter for 12 low-income individuals over the past year, ensuring they have a safe and supportive living environment.

This initiative not only meets the housing needs of these vulnerable populations but also enhances their quality of life. Residents benefit from the residential services designed to support their unique challenges, promoting independence and social inclusion. By adhering to regulations and guidelines set forth by Housing and Urban Development, Sunrise Residence ensures compliance while fostering a secure and nurturing community for its residents.

Overall, the impact of Sunrise Residence extends beyond mere housing; it contributes to the well-being and dignity of individuals with disabilities, enabling them to lead more fulfilling lives within their community.




This information is meant to be a general summary of Sunrise Residence. 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
$208,097 (2023)
Expenses
$161,464 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $385
  • Program Service Revenue: $207,712
  • Gross Receipts: $208,097

Assets and Liabilities:

  • Total Assets: $178,663
  • Total Liabilities: $136,604
  • Net Assets: $42,059

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Programs

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

Rental Income

Revenue

$204,873

Laundry & Vending

Revenue

$2,839

Organization Details

Founding Year

1983

Principal Officer

Bill Cody

Main Address

PO Box 84, Machias, ME, 04654

NTEE Category

Code: L20Z - Housing

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