Overview
What is Newell Retirement Apartments Inc?
Newell Retirement Apartments Inc, situated in San Antonio, Texas at 6918 E Sunbelt Dr, is a nonprofit organization dedicated to serving the elderly community. Their primary mission is to manage a 54-unit apartment complex under the HUD Section 202 program, securing a Project Rental Assistance Contract. This initiative aims to provide suitable housing for the elderly, ensuring their comfort and well-being.
Is Newell Retirement Apartments Inc legitimate?
Newell Retirement Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newell Retirement 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,979
For more financial information, click here
What is the mission statement of Newell Retirement Apartments Inc?
Newell Retirement Apartments Inc, as an organization, is dedicated to owning and operating a 54-unit apartment complex specifically designed for the elderly. This endeavor is carried out under the HUD Section 202 Program, which includes securing a Project Rental Assistance Contract. The mission of Newell Retirement Apartments Inc is centered around providing a living environment for the elderly, ensuring their needs are met in a supportive and assisted housing setting.
Who is the CEO of Newell Retirement Apartments Inc?
Frances Boynes is the Vice Preside of Newell Retirement Apartments Inc.
What is the revenue of Newell Retirement Apartments Inc?
Newell Retirement Apartments Inc's revenue in 2022 was $412,813.
Who are the executives of Newell Retirement Apartments Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Newell Retirement Apartments Inc?
Newell Retirement Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newell Retirement Apartments Inc
Newell Retirement Apartments Inc, a nonprofit organization, is dedicated to owning and operating a 54-unit apartment complex specifically designed for the elderly. This complex falls under the HUD Section 202 program, and Newell Retirement Apartments Inc secures a project rental assistance contract to ensure affordable living for its elderly residents. The organization's mission is to provide a comfortable and supportive environment for the elderly, ensuring they can age gracefully and independently within a community that caters to their unique needs.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Newell Retirement Apartments Inc significantly impacts the San Antonio community by providing affordable housing for elderly residents. By owning and operating a 54-unit apartment complex under the HUD Section 202 program, it ensures that senior citizens have access to safe and comfortable living accommodations. The Project Rental Assistance Contract facilitates financial support, making it more feasible for low-income seniors to secure housing.
This initiative not only addresses the critical need for affordable senior housing but also fosters a sense of community among residents, promoting social interaction and support networks. By prioritizing the well-being of the elderly population, Newell Retirement Apartments Inc plays a vital role in enhancing the quality of life for its residents, allowing them to maintain independence while having access to necessary resources and services. The organization’s commitment to serving the elderly positively contributes to the broader fabric of San Antonio, addressing housing disparities and supporting a vulnerable demographic in the area.
This information is meant to be a general summary of Newell Retirement 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 2022.
- Investment Income: $578
- Program Service Revenue: $412,235
- Gross Receipts: $412,813
Assets and Liabilities:
- Total Assets: $2,519,811
- Total Liabilities: $440,738
- Net Assets: $2,079,073
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$412,235
Organization Details
Founding Year
2002
Phone
(210) 341-9133Principal Officer
Frances Boynes
Main Address
6918 E SUNBELT DR, SAN ANTONIO, TX, 78218
NTEE Category
Code: L22 - Housing
If you are a representative of Newell Retirement Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.