Silver Lake Housing Corp

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

EIN: 237356023 ✦ Bangor, ME ✦ Designated as a 501(c)(4)

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Overview

What is Silver Lake Housing Corp?

Silver Lake Housing Corp is a nonprofit organization situated in Bangor, Maine. Their primary focus is on offering affordable housing solutions for senior citizens and individuals with disabilities. Through their programs, they strive to fulfill this mission, ensuring low-income housing options are readily available to those in need. Silver Lake Housing Corp is dedicated to making a difference in the community by providing essential housing support.

Is Silver Lake Housing Corp legitimate?

Silver Lake Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Silver Lake Housing Corp 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 Silver Lake Housing Corp?

Silver Lake Housing Corporation is committed to providing low-income housing for seniors and the disabled. Through their programs, they strive to make affordable housing a reality for those in need. Their mission is centered around offering suitable living spaces, thereby contributing to the well-being and comfort of this vulnerable population. The corporation actively supports this mission in various communities, ensuring that those with limited financial resources have access to decent housing.

Who is the CEO of Silver Lake Housing Corp?

Roger Nelson is the Treasurer of Silver Lake Housing Corp.

What is the revenue of Silver Lake Housing Corp?

Silver Lake Housing Corp's revenue in 2022 was $254,062.

Who are the executives of Silver Lake Housing Corp and what are their salaries?


Here are 5 key members and their salaries:


Jeff Crowell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Jones (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Mealey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Nelson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Thibodeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Silver Lake Housing Corp?

Silver Lake Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Silver Lake Housing Corp

Silver Lake Housing Corporation, a nonprofit organization, is committed to providing low-income housing for seniors and the disabled. Their mission is to ensure affordable housing for those in need, demonstrating a strong dedication to supporting the elderly and disabled population. By implementing various programs, Silver Lake Housing Corporation strives to fulfill its objective of making housing accessible and affordable for these groups, thereby contributing positively to their well-being.

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Impact




October, 2024

Silver Lake Housing Corp plays a crucial role in the community by providing low-income housing specifically tailored for seniors and individuals with disabilities. Located in Bangor, ME, the organization addresses a critical need for affordable housing, ensuring that vulnerable populations can secure stable living conditions. By offering appropriate housing options, Silver Lake Housing Corp supports not only the physical well-being of its residents but also enhances their quality of life, contributing to a more inclusive and supportive community environment. The organization’s commitment to affordability and accessibility allows seniors and disabled individuals to maintain their independence and dignity, fostering a sense of belonging and stability within the region.




This information is meant to be a general summary of Silver Lake Housing Corp. 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
$254,062 (2022)
Expenses
$274,139 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $220
  • Program Service Revenue: $253,842
  • Gross Receipts: $254,062

Assets and Liabilities:

  • Total Assets: $664,828
  • Total Liabilities: $658,847
  • Net Assets: $5,981

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Programs

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

RENTAL INCOME

Revenue

$253,842

Organization Details

Founding Year

1974

Principal Officer

Roger Nelson

Main Address

4 UNION PLAZA BOX 9, BANGOR, ME, 04401

NTEE Category

Code: L22 - Housing

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