Salem Community Homes

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

EIN: 237153115 ✦ North english, IA ✦ Designated as a 501(c)(4)

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Overview

What is Salem Community Homes?

Salem Community Homes is a nonprofit organization that provides affordable housing solutions for elderly and disabled individuals, ensuring they have access to subsidized housing units. With 16 available units, this organization is committed to making housing more affordable for this specific group of individuals, thereby enhancing their living standards. By offering low-cost, rent-assisted housing, Salem Community Homes plays a significant role in supporting the needs of the elderly and disabled community.

Is Salem Community Homes legitimate?

Salem Community Homes is a legitimate nonprofit organization registered as a 501(c)(4) entity. Salem Community Homes submitted a form 990EZ, 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.

What is the mission statement of Salem Community Homes?

Salem Community Homes' mission is centered around providing affordable housing for individuals who are elderly or disabled. They offer subsidized housing units to cater to this specific demographic, aiming to make housing accessible for those with limited income. The organization's primary objective is to ensure that elderly and disabled individuals have a place to call home at a reasonable cost. The provision of housing is a key aspect of their mission, with a focus on meeting the needs of this particular group in society.

Who is the CEO of Salem Community Homes?

Jim Oronato is the President of Salem Community Homes.

What is the revenue of Salem Community Homes?

Salem Community Homes's revenue in 2022 was $65,928.

Who are the executives of Salem Community Homes and what are their salaries?


Here are 5 key members and their salaries:


Jim Oronato (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Feehan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Pratt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Patterson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rik Le Master (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Salem Community Homes?

Salem Community Homes's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Salem Community Homes

Salem Community Homes is a nonprofit organization dedicated to providing affordable housing solutions for elderly individuals and those with disabilities. Its primary mission is to offer low-cost, rent-assisted housing, ensuring that these vulnerable groups have access to suitable living conditions. With 16 subsidized units at its disposal, Salem Community Homes is committed to creating a housing environment that caters specifically to the needs of the elderly and disabled, providing them with a sense of security and stability. The organization's goal is to make housing more accessible for individuals with limited income, ensuring that they can live comfortably and with dignity.

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Impact




October, 2024

Salem Community Homes significantly enhances the quality of life for individuals over the age of 62 or those with disabilities by providing them with low-cost, rent-assisted housing. The initiative offers 16 subsidized units specifically designed to meet the needs of the elderly and disabled, ensuring that this vulnerable population has access to safe and affordable housing. This support not only helps to alleviate financial burdens but also fosters a sense of community and stability, allowing residents to live with dignity and independence. By prioritizing low-income housing for these groups, Salem Community Homes plays a critical role in addressing housing insecurity and promoting well-being among elderly and disabled individuals in North English, Iowa.




This information is meant to be a general summary of Salem Community Homes. 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
$65,928 (2022)
Expenses
$66,141 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18
  • Program Service Revenue: $65,910
  • Gross Receipts: $65,928

Assets and Liabilities:

  • Total Assets: $148,067
  • Total Liabilities: $34,813
  • Net Assets: $113,254

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Organization Details

Principal Officer

Jim Oronato

Main Address

PO BOX 96, NORTH ENGLISH, IA, 52316

NTEE Category

Code: L22 - Housing

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