Overview
What is Chestnut Senior Housing?
Chestnut Senior Housing is a nonprofit organization situated in Austin, Texas, specifically at 2211 E Martin Luther King Jr Blvd, 78702. Their primary mission is to provide housing for elderly individuals, adhering to Section 202 of the National Housing Act. They operate under an agreement with the Department of Housing and Urban Development (HUD), ensuring elderly individuals have a secure living space.
Is Chestnut Senior Housing legitimate?
Chestnut Senior Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chestnut Senior Housing 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:
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What is the mission statement of Chestnut Senior Housing?
Chestnut Senior Housing, as part of its mission, provides housing for elderly individuals under Section 202 of the National Housing Act. This is done through an agreement with the Department of Housing and Urban Development (HUD). The organization is committed to offering a living space that caters to the needs of the elderly, ensuring they can reside in a secure and suitable environment. The mission of Chestnut Senior Housing is centered around providing a home and support system for elderly individuals, aiming to enhance their quality of life and promote their independence. The organization works closely with the Department of HUD to ensure compliance with the National Housing Act and to provide the best possible living conditions for its residents.
Who is the CEO of Chestnut Senior Housing?
Sean Garretson is the President of Chestnut Senior Housing.
What is the revenue of Chestnut Senior Housing?
Chestnut Senior Housing's revenue in 2022 was $275,361.
Who are the executives of Chestnut Senior Housing and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Chestnut Senior Housing?
Chestnut Senior Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chestnut Senior Housing
Chestnut Senior Housing, as a nonprofit organization, is committed to providing housing solutions for the elderly population. This commitment is in line with Section 202 of the National Housing Act, and it operates under an agreement with the Department of Housing and Urban Development (HUD). The primary objective of Chestnut Senior Housing is to offer a secure living environment for elderly individuals, ensuring that they have access to suitable housing options. This mission is crucial in providing a sense of independence, security, and comfort for the elderly population, thereby improving their overall quality of life.
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Impact
October, 2024
Chestnut Senior Housing plays a critical role in enhancing the quality of life for elderly individuals in Austin, TX, by providing affordable housing options specifically designed for seniors. Operating under Section 202 of the National Housing Act, the organization collaborates with the Department of Housing and Urban Development (HUD) to ensure that elderly persons have access to safe, comfortable living environments.
The impact of Chestnut Senior Housing extends beyond mere provision of shelter; it fosters a sense of community and belonging among residents. By offering housing tailored to the unique needs of older adults, it helps to combat social isolation, promoting engagement and connection among residents. This supportive environment contributes to improved mental and emotional well-being, allowing seniors to thrive in their later years.
Additionally, by addressing the housing crisis for the elderly population, Chestnut Senior Housing alleviates financial burdens, providing an essential service that enables seniors to live independently while still having access to necessary support and resources. The organization’s efforts ultimately lead to healthier, more dignified living conditions for the aging population in the area, significantly improving their overall quality of life.
This information is meant to be a general summary of Chestnut Senior Housing. 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: $218
- Program Service Revenue: $275,143
- Gross Receipts: $275,361
Assets and Liabilities:
- Total Assets: $2,312,005
- Total Liabilities: $1,010,600
- Net Assets: $1,301,405
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$275,143
Organization Details
Founding Year
2008
Phone
(830) 372-2660Principal Officer
Sean Garretson
Main Address
2211 E MARTIN LUTHER KING JR BLVD, AUSTIN, TX, 78702
NTEE Category
Code: L22 - Housing
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