Overview
What is Norris Square Senior Housing Inc?
Norris Square Senior Housing Inc, located at 2121-37 North Howard Street in Philadelphia, Pennsylvania, is a nonprofit organization with a mission to develop and provide affordable housing for the low-income elderly community. With a team of three dedicated individuals, they operate a 35-unit project specifically catering to this demographic in North Philadelphia. Their primary objective is to ensure that elderly individuals with limited financial resources have a safe and affordable living space.
Is Norris Square Senior Housing Inc legitimate?
Norris Square Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norris Square Senior Housing 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: $88,792
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What is the mission statement of Norris Square Senior Housing Inc?
Norris Square Senior Housing Inc's mission is centered around developing and providing affordable housing options for low-income elderly individuals. This organization is dedicated to serving this specific demographic, ensuring they have access to suitable living arrangements. The operation of a 35-unit project in North Philadelphia is a testament to their commitment to this mission. By providing affordable housing, Norris Square Senior Housing Inc contributes to improving the living conditions and overall quality of life for elderly individuals with limited financial resources.
Who is the CEO of Norris Square Senior Housing Inc?
Karen Cosner is the Treasurer of Norris Square Senior Housing Inc.
What is the revenue of Norris Square Senior Housing Inc?
Norris Square Senior Housing Inc's revenue in 2022 was $372,993.
Who are the executives of Norris Square Senior Housing Inc and what are their salaries?
The average compensation at Norris Square Senior Housing Inc during 2022 was $29,597. There are 3 employees and 7 volunteers at Norris Square Senior Housing Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Norris Square Senior Housing Inc?
Norris Square Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Norris Square Senior Housing Inc
Norris Square Senior Housing Inc is committed to a mission that involves the development and provision of affordable housing for low-income elderly individuals. This mission is carried out through the operation of a 35-unit project specifically designed for this demographic, located in North Philadelphia. The organization's efforts are geared towards addressing the housing needs of this vulnerable population, ensuring they have access to safe and affordable living spaces. By providing such housing, Norris Square Senior Housing Inc contributes to the well-being and independence of the elderly, enabling them to maintain their quality of life in a suitable environment.
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Impact
October, 2024
Norris Square Senior Housing Inc plays a vital role in improving the quality of life for low-income elderly individuals in North Philadelphia. By operating a 35-unit housing project, it addresses the critical need for affordable housing tailored specifically to the elderly population. This initiative not only provides secure and stable living arrangements but also fosters a sense of community among residents.
By focusing on low-income seniors, Norris Square significantly alleviates the financial burden often faced by this demographic, allowing them to live with dignity and access necessary services. The availability of affordable housing contributes to better physical and mental health outcomes, promoting overall well-being. Additionally, the organization helps to prevent homelessness and displacement within a vulnerable population, ensuring that elderly residents can age in place without the stress of housing insecurity.
Further, Norris Square's commitment to human services extends beyond mere housing. By creating an environment where seniors can interact and engage with one another, it encourages social connectivity, which is crucial for combating isolation and loneliness. Ultimately, the impact of Norris Square Senior Housing Inc is profound, enhancing the lives of elderly residents and fostering a healthier, more connected community.
This information is meant to be a general summary of Norris Square Senior Housing 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: $28
- Program Service Revenue: $122,496
- Gross Receipts: $372,993
Assets and Liabilities:
- Total Assets: $2,781,951
- Total Liabilities: $3,867,020
- Net Assets: -$1,085,069
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$122,496
Organization Details
Founding Year
1997
Phone
(215) 291-9170Principal Officer
Karen Cosner
Main Address
2121-37 NORTH HOWARD STREET, PHILADELPHIA, PA, 19122
NTEE Category
Code: P75Z - Human services
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