Overview
What is Leo R Tanguay Apartments Inc?
Leo R Tanguay Apartments Inc is a nonprofit organization situated in Woonsocket, Rhode Island. Their primary focus is providing affordable housing for low and moderate-income individuals with mental illnesses, in compliance with Section 811 of the National Housing Act. This eight-unit apartment building, subsidized by the U.S. Department of Housing and Urban Development (HUD), is dedicated to supporting the housing needs of individuals within this demographic.
Is Leo R Tanguay Apartments Inc legitimate?
Leo R Tanguay Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leo R Tanguay Apartments 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Leo R Tanguay Apartments Inc?
Leo R Tanguay Apartments Inc's mission is centered around providing housing solutions for individuals with lower and moderate incomes, specifically those with disabilities. This aligns with Section 811 of the National Housing Act. The organization operates an 8-unit apartment building that is subsidized by the HUD, intended for mentally ill adults. The primary focus of Leo R Tanguay Apartments Inc is to offer a living space that is accessible and affordable for this specific demographic.
Who is the CEO of Leo R Tanguay Apartments Inc?
Benedict Lessing Jr is the President of Leo R Tanguay Apartments Inc.
What is the revenue of Leo R Tanguay Apartments Inc?
Leo R Tanguay Apartments Inc's revenue in 2023 was $135,657.
Who are the executives of Leo R Tanguay Apartments Inc and what are their salaries?
There 7 volunteers at Leo R Tanguay Apartments Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Leo R Tanguay Apartments Inc?
Leo R Tanguay Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Leo R Tanguay Apartments Inc
Leo R Tanguay Apartments Inc is committed to providing affordable housing for individuals with disabilities, adhering to Section 811 of the National Housing Act. This nonprofit organization's mission is to offer housing solutions for low and moderate income individuals who are mentally ill, ensuring they have a secure living space. The Leo R Tanguay Apartments Inc operates an 8-unit apartment building, which is subsidized by HUD, providing a supportive environment for these individuals. The organization plays a significant role in addressing the housing needs of this vulnerable population, thereby contributing to their overall well-being and quality of life.
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Impact
October, 2024
Leo R Tanguay Apartments Inc plays a vital role in providing housing solutions for individuals with disabilities, specifically targeting low and moderate-income adults with mental health challenges. By offering an 8-unit apartment building subsidized by HUD, the organization ensures that these individuals have access to safe, stable, and affordable housing. This availability significantly contributes to improving their quality of life, fostering independence, and promoting community integration.
The Apartments provide not just a roof over their heads but also a supportive environment that acknowledges their unique needs. By addressing housing stability, Leo R Tanguay Apartments Inc helps reduce homelessness among vulnerable populations, enhancing mental well-being, and allowing residents to focus on personal development and recovery. The impact extends beyond individual residents, positively influencing the broader community in Woonsocket, Rhode Island, by promoting inclusivity and the social integration of individuals living with mental health conditions.
This information is meant to be a general summary of Leo R Tanguay Apartments 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: $161
- Program Service Revenue: $134,664
- Gross Receipts: $135,657
Assets and Liabilities:
- Total Assets: $224,581
- Total Liabilities: $27,486
- Net Assets: $197,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$134,664
Organization Details
Founding Year
1991
Phone
(401) 235-7000Principal Officer
Benedict Lessing Jr
Main Address
PO BOX 1700, WOONSOCKET, RI, 02895
NTEE Category
Code: L22Z - Housing
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