Overview
What is Grandview Second Corporation?
Grandview Second Corporation, established in 1987, is a nonprofit organization situated in Providence, Rhode Island. Their primary purpose is to manage and administer 19 units of low-income housing, specifically catering to individuals struggling with chronic mental illness. This mission aligns with their affiliation with Providence Center, Inc., a fellow tax-exempt organization under Internal Revenue Code Section 501(c)(3). Their mission extends beyond just providing housing; they aim to create living spaces that meet the physical, social, and psychological needs of their residents, ensuring a comprehensive support system for those in need.
Official website here: www.theprovidencecenter.org
Is Grandview Second Corporation legitimate?
Grandview Second Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grandview Second 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.
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
Official website here: www.theprovidencecenter.org
What is the mission statement of Grandview Second Corporation?
Grandview Second Corporation, established in 1987, was organized with the primary purpose of administering a HUD Section 811 mortgage. This corporation works in conjunction with and supports Providence Center, Inc. Its mission is to provide low-income housing facilities for individuals dealing with chronic mental illness. These facilities are designed to cater to the physical, social, and psychological needs of the residents. Grandview Second Corporation operates as a related Internal Revenue Code Section 501(c)(3) tax-exempt affiliate, with a focus on ensuring the well-being of its residents. The organization manages 19 units of such low-income housing, aiming to provide a supportive environment for those in need.
Official website here: www.theprovidencecenter.org
What is the revenue of Grandview Second Corporation?
Grandview Second Corporation's revenue in 2023 was $291,319.
Official website here: www.theprovidencecenter.org
Who are the executives of Grandview Second Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $542,960
- Other: $33,186
- Compensation: $0
- Related: $267,991
- Other: $15,683
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theprovidencecenter.org
Where can I find the form 990 for Grandview Second Corporation?
Grandview Second Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theprovidencecenter.org
Learn more at the official website: www.theprovidencecenter.org
Mission Statement of Grandview Second Corporation
Grandview Second Corporation, established in 1987, was organized with the primary objective of managing a HUD Section 811 mortgage. This mission is closely aligned with that of its affiliate, Providence Center, Inc., with the shared goal of providing low-income housing facilities. The corporation's mission is specifically tailored to individuals struggling with chronic mental illness, ensuring that the housing facilities cater to their physical, social, and psychological needs. By doing so, Grandview Second Corporation aims to support and enhance the quality of life for these individuals, working in conjunction with Providence Center, Inc., a recognized 501(c)(3) tax-exempt organization. In essence, Grandview Second Corporation's mission is to create a living environment that caters to the unique needs of individuals with chronic mental illness, promoting their overall well-being.
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Impact
October, 2024
Grandview Second Corporation plays a crucial role in addressing the housing needs of individuals with chronic mental illness in Providence, Rhode Island. Established in 1987, the organization manages 19 units of low-income housing specifically designed to meet the unique physical, social, and psychological needs of its residents.
By offering stable housing, Grandview Second Corporation helps to foster a sense of community and belonging for individuals who often face significant challenges in accessing adequate living conditions. This approach not only provides a roof over their heads but also supports their overall well-being and recovery, allowing residents to pursue healthier, more independent lives. The partnership with the Providence Center, Inc. further enhances this support network, ensuring that residents have access to necessary resources and services tailored to their needs.
In summary, Grandview Second Corporation significantly impacts the lives of its residents by providing safe, affordable housing while promoting their mental health and social integration.
This information is meant to be a general summary of Grandview Second 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 2023.
- Investment Income: $488
- Program Service Revenue: $290,831
- Gross Receipts: $291,319
Assets and Liabilities:
- Total Assets: $966,217
- Total Liabilities: $179,628
- Net Assets: $786,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$265,801
OTHER PROGRAM RELATED REVENUE
Revenue
$25,030
Organization Details
Founding Year
1987
Principal Officer
Mary Marran
Website
www.theprovidencecenter.orgNTEE Category
Code: L210 - Housing
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