Overview
What is Emerson Center Inc?
Emerson Center Inc, located in Lexington, Kentucky, is a nonprofit organization that specializes in offering affordable housing to the elderly and individuals with disabilities. With the support of the U.S. Department of Housing and Urban Development (HUD), the center provides housing for 178 individuals. Many of these tenants receive financial assistance from HUD to cover their housing costs. The organization's primary mission is to contribute to the provision of affordable housing for this specific group, aiming to enhance their quality of life. The Emerson Center Inc employs a team of 17 dedicated individuals to carry out this mission.
Is Emerson Center Inc legitimate?
Emerson Center Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Emerson Center 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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Other Salaries and Wages: $257,866
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What is the mission statement of Emerson Center Inc?
Emerson Center Inc's mission is centered around providing affordable housing options for the elderly and disabled individuals. Through their efforts, they make a substantial number of housing units available, with the support of the HUD. Many of the tenants in these units receive housing assistance payments from HUD, ensuring that these vulnerable groups can reside in a suitable living environment. The organization's primary goal is to contribute to the well-being and comfort of the elderly and handicapped population by offering affordable housing solutions.
Who is the CEO of Emerson Center Inc?
David T Miller is the Emeritus Director of Emerson Center Inc.
What is the revenue of Emerson Center Inc?
Emerson Center Inc's revenue in 2023 was $1,399,304.
Who are the executives of Emerson Center Inc and what are their salaries?
The average compensation at Emerson Center Inc during 2023 was $15,169. There are 17 employees at Emerson Center Inc.
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Where can I find the form 990 for Emerson Center Inc?
Emerson Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Emerson Center Inc
Emerson Center Inc is committed to aiding in the provision of affordable housing for the elderly and disabled individuals. This mission is accomplished by making 178 units available, with assistance from the HUD, for elderly and handicapped individuals. Many tenants at Emerson Center Inc also receive housing assistance payments from HUD, further demonstrating its dedication to making housing affordable for this vulnerable population. The nonprofit's efforts contribute significantly to ensuring that elderly and disabled individuals have access to safe and affordable living spaces.
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Impact
October, 2024
Emerson Center Inc has a significant impact on the community by providing affordable housing specifically tailored for the elderly and disabled populations. With 178 units available, the organization plays a crucial role in ensuring that those who are often marginalized or in need of support can have access to safe, secure, and affordable living spaces.
By partnering with HUD, Emerson Center Inc enables many tenants to receive housing assistance payments, alleviating the financial burdens that come with housing costs. This support not only improves the quality of life for residents but also fosters a sense of community among individuals who may experience isolation due to their circumstances. In cities like Lexington, KY, such initiatives are vital in promoting inclusivity and ensuring that vulnerable populations have a place to call home.
This information is meant to be a general summary of Emerson Center 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: $774
- Program Service Revenue: $1,378,259
- Gross Receipts: $1,399,304
Assets and Liabilities:
- Total Assets: $1,304,775
- Total Liabilities: $553,116
- Net Assets: $751,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS RENTS
Revenue
$1,378,259
Organization Details
Founding Year
1972
Phone
(859) 225-3334Principal Officer
David T Miller
Main Address
125-C TRADE STREET, LEXINGTON, KY, 40511
NTEE Category
Code: L21 - Housing
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