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Old Swedes Housing Corporation

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

EIN: 232792944 ✦ Phoenixville, PA ✦ Designated as a 501(c)(3)

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Overview

What is Old Swedes Housing Corporation?

Old Swedes Housing Corporation is a nonprofit organization situated in Phoenixville, Pennsylvania, specifically at 606 Main Street. The primary mission of this organization is to provide affordable housing options for individuals who are dealing with substance abuse, alcohol issues, and mental health challenges. Through their dedicated and compassionate services, they aim to offer a supportive living environment, promoting stability and recovery for their residents.

Is Old Swedes Housing Corporation legitimate?

Old Swedes Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Swedes Housing 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

What is the mission statement of Old Swedes Housing Corporation?

The Old Swedes Housing Corporation is committed to providing affordable housing for individuals struggling with drug, alcohol, and mental health problems. This organization's mission is geared towards offering a safe and affordable living space for this specific group of individuals, aiming to support their recovery and reintegration into society. The corporation's primary activity involves the rental of affordable housing units, providing a much-needed service for those in need.

Who is the CEO of Old Swedes Housing Corporation?

Tracy Patches is the President of Old Swedes Housing Corporation.

What is the revenue of Old Swedes Housing Corporation?

Old Swedes Housing Corporation's revenue in 2022 was $86,494.

Who are the executives of Old Swedes Housing Corporation and what are their salaries?


Here are 5 key members and their salaries:


Tracy Patches (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Evans (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Evans (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxanne Suggs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Old Swedes Housing Corporation?

Old Swedes Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Old Swedes Housing Corporation

Old Swedes Housing Corporation is dedicated to providing affordable housing for individuals who are struggling with drug, alcohol, and mental health issues. The organization's mission is to offer a safe and supportive living environment for these individuals, enabling them to stabilize their lives and work towards recovery. By renting affordable housing, Old Swedes Housing Corporation aims to provide a much-needed service to a vulnerable population, helping them to overcome their challenges and rebuild their lives. The corporation's commitment to this mission is evident in its focus on providing affordable housing, offering a crucial support system for individuals in need.

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Impact




October, 2024

Old Swedes Housing Corporation plays a crucial role in enhancing community well-being by offering affordable housing solutions specifically aimed at individuals grappling with drug, alcohol, and mental health issues. By providing accessible rental options, it addresses a significant gap in the housing market, helping to stabilize lives that are often disrupted by addiction and mental health challenges.

Located in Phoenixville, PA, the organization fosters a supportive environment that encourages recovery and personal growth. This initiative not only provides shelter but also contributes to broader social stability by reducing homelessness and its associated problems in the community. Through its mission, Old Swedes Housing Corporation empowers vulnerable populations, promoting dignity and hope for a better future.




This information is meant to be a general summary of Old Swedes Housing 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.

Revenue
$86,494 (2022)
Expenses
$133,030 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $111,227
  • Gross Receipts: $86,494

Assets and Liabilities:

  • Total Assets: -$26,052
  • Total Liabilities: $33,276
  • Net Assets: -$59,328

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Programs

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

RENTAL INCOME

Revenue

$109,529

TENANT CHARGES

Revenue

$1,698

Organization Details

Founding Year

1999

Principal Officer

Tracy Patches

Main Address

606 MAIN STREET, PHOENIXVILLE, PA, 19460

NTEE Category

Code: L22 - Housing

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