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Independence Park Inc

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

EIN: 251880558 ✦ Sharon, PA ✦ Designated as a 501(c)(3)

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Overview

What is Independence Park Inc?

Independence Park Inc is a nonprofit organization situated in Sharon, Pennsylvania, specifically at 75 South Dock Street. Their primary mission is to provide affordable or subsidized housing for physically disabled individuals. This is done in collaboration with the U.S. Department of Housing and Urban Development. The organization's goal is to offer specialized housing facilities and services that cater to the physical, social, and psychological needs of handicapped individuals. This aim is driven by a focus on promoting their health, security, happiness, and overall usefulness, enabling them to live comfortably for an extended period.


Official website here: www.capmercer.org

Is Independence Park Inc legitimate?

Independence Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Park 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: $22,594

For more financial information, click here


Official website here: www.capmercer.org

What is the mission statement of Independence Park Inc?

Independence Park Inc, as part of its mission, strives to provide housing facilities and services specifically tailored to meet the physical, social, and psychological needs of handicapped individuals. The organization's primary goal is to promote the health, security, happiness, and usefulness of these individuals, enabling them to live longer, more fulfilling lives. In cooperation with the US Department of Housing and Urban Development, Independence Park Inc offers low-cost or subsidized housing to qualified physically disabled individuals. The organization's commitment extends beyond providing shelter, aiming to enhance the overall well-being of these individuals.


Official website here: www.capmercer.org

Who is the CEO of Independence Park Inc?

Bob Lucas is the Vice-President of Independence Park Inc. The CEO's salary of Independence Park Inc is $0 and their total compensation is $119,108.


Official website here: www.capmercer.org

What is the revenue of Independence Park Inc?

Independence Park Inc's revenue in 2023 was $88,582.


Official website here: www.capmercer.org

Who are the executives of Independence Park Inc and what are their salaries?


Here are 7 key members and their salaries (Independence Park Inc's CEO's salary is $0 and their total compensation is $119,108):


Karen Winner Sed (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Billen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Lucas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Nathan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizette Olsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilma Torres (Ceo)
  • Compensation: $0
  • Related: $102,515
  • Other: $16,593
Michelle Clarke (Cfo)
  • Compensation: $0
  • Related: $61,909
  • Other: $9,272


Official website here: www.capmercer.org

Where can I find the form 990 for Independence Park Inc?

Independence Park Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.capmercer.org

Learn more at the official website: www.capmercer.org

Mission Statement of Independence Park Inc

Independence Park Inc, a nonprofit organization, is committed to fulfilling a mission that goes beyond providing housing. Their primary goal is to cater to the unique needs of physically disabled individuals, cooperating with the U.S. Department of Housing and Urban Development. This mission is centered around creating housing facilities and services specifically designed to meet the physical, social, and psychological needs of these individuals. The organization strives to promote their health, security, happiness, and overall usefulness in longer living. By offering low-cost or subsidized housing, Independence Park Inc works towards enabling qualified physically disabled individuals to live with dignity and independence, thereby enhancing their quality of life.

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Impact




October, 2024

Independence Park Inc significantly enhances the quality of life for qualified physically disabled individuals by offering low-cost or subsidized housing solutions. In Sharon, PA, this organization focuses on creating living environments that cater to the unique physical, social, and psychological needs of its residents. By collaborating with the U.S. Department of Housing and Urban Development, Independence Park Inc ensures that individuals with disabilities have access to safe and appropriate housing.

The mission of providing specialized housing facilities not only promotes health and security but also fosters happiness and a sense of usefulness among residents. By creating an inclusive community, Independence Park Inc empowers individuals to lead fulfilling lives, contributing to their overall well-being and integration into society. This impact extends beyond mere housing; it promotes dignity, independence, and self-esteem for those it serves.




This information is meant to be a general summary of Independence Park 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
$88,582 (2023)
Expenses
$112,683 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6
  • Program Service Revenue: $88,576
  • Gross Receipts: $88,582

Assets and Liabilities:

  • Total Assets: $417,602
  • Total Liabilities: $808,968
  • Net Assets: -$391,366

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$53,000

RENTALS

Revenue

$35,480

LAUNDRY & VENDING

Revenue

$96

Organization Details

Founding Year

2001

Principal Officer

Bob Lucas

Main Address

75 SOUTH DOCK STREET, SHARON, PA, 16146

NTEE Category

Code: L21 - Housing

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