Overview
What is Unity Leisure Homes Inc?
Unity Leisure Homes Inc, based in Bangor, Maine, is a nonprofit organization that specializes in providing affordable and safe housing for elderly and handicapped individuals. The organization, with a mission to cater to low-income tenants, receives subsidies from Rural Development based on the tenants' income levels. The mortgage for these housing units is facilitated by Rural Development under the Section 515 Loan Program. The primary objective of Unity Leisure Homes Inc is to ensure that its tenants have access to comfortable and secure living spaces.
Is Unity Leisure Homes Inc legitimate?
Unity Leisure Homes Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Unity Leisure Homes 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.
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What is the mission statement of Unity Leisure Homes Inc?
Unity Leisure Homes Inc, as an organization, is committed to providing safe and affordable housing for individuals who fall under the categories of low-income and elderly tenants. Their mission is carried out by offering housing units that are subsidized based on the tenants' income levels, with the mortgage funded by Rural Development under the Section 515 Loan Program. This initiative aims to ensure that these vulnerable groups have access to suitable living spaces, thereby enhancing their quality of life.
Who is the CEO of Unity Leisure Homes Inc?
Patrick Breau is the President of Unity Leisure Homes Inc.
What is the revenue of Unity Leisure Homes Inc?
Unity Leisure Homes Inc's revenue in 2022 was $135,429.
Who are the executives of Unity Leisure Homes Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Unity Leisure Homes Inc?
Unity Leisure Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Unity Leisure Homes Inc
Unity Leisure Homes Inc, a nonprofit organization, is dedicated to providing safe and affordable housing solutions for low-income and elderly tenants. Their mission is deeply rooted in ensuring that individuals in these demographics have access to comfortable living spaces. To accomplish this, Unity Leisure Homes Inc subsidizes housing units based on the tenants' income levels, leveraging the Rural Development program. The mortgage for these units is provided through Rural Development's Section 515 Loan Program. By offering subsidized housing, Unity Leisure Homes Inc contributes to the well-being of its residents, enabling them to maintain a decent standard of living.
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Impact
October, 2024
Unity Leisure Homes Inc significantly impacts the Bangor, ME community by providing safe and affordable housing for low-income and elderly individuals. By offering subsidized housing units specifically designed for elderly and handicapped persons, the organization ensures that a vulnerable population has access to stable living conditions.
With 20 dedicated units, Unity Leisure Homes not only alleviates housing insecurity but also fosters a supportive environment for its tenants. The financial support from Rural Development, including subsidies based on tenant income levels and mortgage assistance under the Section 515 loan program, allows the organization to maintain affordability without compromising safety and quality.
Through its mission, Unity Leisure Homes plays a crucial role in enhancing the quality of life for its residents, promoting independence for elderly and handicapped individuals, and contributing to the overall wellbeing of the community.
This information is meant to be a general summary of Unity Leisure Homes 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: $270
- Program Service Revenue: $133,004
- Gross Receipts: $135,429
Assets and Liabilities:
- Total Assets: $819,338
- Total Liabilities: $1,012,229
- Net Assets: -$192,891
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$133,004
Organization Details
Phone
(207) 990-2099Principal Officer
Patrick Breau
Main Address
4 UNION STREET BOX 9, BANGOR, ME, 04401
NTEE Category
Code: L22 - Housing
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