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Maryvale Apartments Inc

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

EIN: 251724817 ✦ Erie, PA ✦ Designated as a 501(c)(3)

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Overview

What is Maryvale Apartments Inc?

Maryvale Apartments Inc, a nonprofit organization, is located in Erie, Pennsylvania. In collaboration with Housing and Neighborhood Development Service (HANDS) and the Sisters of St. Joseph of Northwest Pennsylvania, they provide 44 affordable rental housing units for elderly individuals with low and very-low incomes. The mission of Maryvale Apartments Inc is to offer attractive and budget-friendly housing options for this demographic, enhancing their living standards and contributing to the community.


Official website here: www.hands-erie.org

Is Maryvale Apartments Inc legitimate?

Maryvale Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryvale Apartments 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: $0

For more financial information, click here


Official website here: www.hands-erie.org

What is the mission statement of Maryvale Apartments Inc?

Maryvale Apartments Inc, in collaboration with Housing and Neighborhood Development Service (HANDS) and the Sisters of St. Joseph of Northwest Pennsylvania, aims to offer attractive and reasonably priced rental housing options to elderly individuals with low or very-low income. Their primary goal is to provide a living space that is both appealing and financially accessible for this specific demographic. Maryvale Apartments Inc, through HANDS, manages 44 such rental units, ensuring that this community has access to affordable housing.


Official website here: www.hands-erie.org

Who is the CEO of Maryvale Apartments Inc?

Matthew Good is the President of Maryvale Apartments Inc.


Official website here: www.hands-erie.org

What is the revenue of Maryvale Apartments Inc?

Maryvale Apartments Inc's revenue in 2022 was $333,571.


Official website here: www.hands-erie.org

Who are the executives of Maryvale Apartments Inc and what are their salaries?

There 11 volunteers at Maryvale Apartments Inc.


Here are 11 key members and their salaries:


Sr Mary Drexler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Carol Morehouse (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Phyllis Mccracken (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Mary Herrmann (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Clare Marie Beichner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Nancy Fischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Good (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Elizabeth Ann Niebauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Margie Pellerite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Mary Ann White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hands-erie.org

Where can I find the form 990 for Maryvale Apartments Inc?

Maryvale Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hands-erie.org

Learn more at the official website: www.hands-erie.org

Mission Statement of Maryvale Apartments Inc

Maryvale Apartments Inc, in collaboration with Housing and Neighborhood Development Service (HANDS) and the Sisters of St. Joseph of Northwest Pennsylvania, is committed to providing attractive and affordable rental housing to elderly individuals with low and very-low incomes. The organization's mission is to ensure that these vulnerable individuals have access to suitable housing, thereby enhancing their quality of life. Through this cooperative effort, Maryvale Apartments Inc manages 44 rental units, offering a comfortable living space to the elderly population who are in financial need. The organization's mission is not just about providing housing, but it is also about creating a safe and affordable living environment for the elderly community.

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Impact




October, 2024

Maryvale Apartments Inc plays a vital role in enhancing the quality of life for very-low and low-income elderly individuals in Erie, Pennsylvania. By providing 44 attractive and affordable rental housing units, it addresses a significant need for safe and affordable living options among a vulnerable population.

Collaborating with Housing and Neighborhood Development Service (HANDS) and the Sisters of St. Joseph of Northwest Pennsylvania, Maryvale Apartments creates a supportive community that fosters dignity, security, and independence for its residents. This initiative not only offers essential shelter but also contributes to the overall well-being of elderly individuals, allowing them to thrive in a nurturing environment.

Through its commitment to affordable housing, Maryvale Apartments Inc significantly impacts local demographics by reducing homelessness and improving housing stability among the elderly, ultimately fostering a stronger, more connected community.




This information is meant to be a general summary of Maryvale Apartments 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.

Revenue
$333,571 (2022)
Expenses
$378,857 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $309
  • Program Service Revenue: $171,311
  • Gross Receipts: $333,571

Assets and Liabilities:

  • Total Assets: $1,690,101
  • Total Liabilities: $2,839,815
  • Net Assets: -$1,149,714

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Programs

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

RENT INCOME

Revenue

$171,311

Organization Details

Founding Year

1994

Principal Officer

Matthew Good

Main Address

7 EAST 7TH STREET, ERIE, PA, 16501

NTEE Category

Code: L20 - Housing

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