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Summerside Woods Inc

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

EIN: 261913033 ✦ Batavia, OH ✦ Designated as a 501(c)(3)

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Overview

What is Summerside Woods Inc?

Summerside Woods Inc, situated in Batavia, Ohio, is a dedicated nonprofit organization. Its primary mission is to offer affordable housing solutions to the elderly community. This is accomplished through the operation of a 45-unit apartment complex, which serves as a sanctuary for this specific demographic. By providing this vital service, Summerside Woods Inc strives to enhance the quality of life for the elderly population in the area, ensuring that they have affordable and comfortable living arrangements.

Is Summerside Woods Inc legitimate?

Summerside Woods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summerside Woods 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: $49,943

For more financial information, click here

What is the mission statement of Summerside Woods Inc?

Summerside Woods Inc, as an organization, is committed to providing affordable housing for the elderly. They have established a 45-unit apartment complex with this objective in mind, aiming to make housing accessible for the elderly population. This mission reflects their dedication to contributing positively to the lives of the elderly, ensuring they have a secure and affordable living space.

Who is the CEO of Summerside Woods Inc?

William Dehass is the Trustee of Summerside Woods Inc. The CEO's salary of Summerside Woods Inc is $0 and their total compensation is $112,464.

What is the revenue of Summerside Woods Inc?

Summerside Woods Inc's revenue in 2022 was $317,906.

Who are the executives of Summerside Woods Inc and what are their salaries?

There 11 volunteers at Summerside Woods Inc.


Here are 13 key members and their salaries (Summerside Woods Inc's CEO's salary is $0 and their total compensation is $112,464):


John Thebout (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Hodges (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Graham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Rudd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billie Kuntz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Brooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Cann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Pinkerton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Traynor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Sanborn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Dehass - Start 102022 (Chief Executive Officer)
  • Compensation: $0
  • Related: $106,442
  • Other: $6,022
Angel Burton - Start 102022 (Chief Financial Officer)
  • Compensation: $0
  • Related: $74,719
  • Other: $484
Where can I find the form 990 for Summerside Woods Inc?

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

Mission Statement of Summerside Woods Inc

Summerside Woods Inc, a nonprofit organization, is dedicated to fulfilling a vital mission. This mission revolves around providing affordable housing solutions for the elderly community. By organizing a 45-unit apartment complex, Summerside Woods Inc seeks to cater to the housing needs of this demographic, ensuring that they can live comfortably without facing financial burdens. The organization's commitment to this cause underscores its role in promoting social equity and enhancing the quality of life for its target population.

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Impact




October, 2024

Summerside Woods Inc plays a vital role in enhancing the quality of life for the elderly population in Batavia, OH, by providing affordable housing options. The organization oversees a 45-unit apartment complex specifically designed to meet the needs of seniors, ensuring they have access to safe, stable, and comfortable living arrangements. This initiative not only alleviates the financial burden of housing costs for elderly residents but also fosters a sense of community and belonging among them. By prioritizing affordable housing, Summerside Woods Inc contributes significantly to the well-being of seniors, allowing them to maintain independence and dignity while enjoying a supportive living environment.




This information is meant to be a general summary of Summerside Woods 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
$317,906 (2022)
Expenses
$408,812 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26
  • Program Service Revenue: $267,701
  • Gross Receipts: $317,906

Assets and Liabilities:

  • Total Assets: $3,886,731
  • Total Liabilities: $47,824
  • Net Assets: $3,838,907

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Programs

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

Rental Income

Revenue

$223,476

HUD Subsidy Rent

Revenue

$44,225

Organization Details

Founding Year

2010

Principal Officer

William Dehass

Main Address

2085-A James E Sauls Sr Drive, Batavia, OH, 45103

NTEE Category

Code: L22 - Housing

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