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Manville Hill Housing Corp

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

EIN: 261995944 ✦ Cumberland, RI ✦ Designated as a 501(c)(3)

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Overview

What is Manville Hill Housing Corp?

Manville Hill Housing Corp is a nonprofit organization situated in Cumberland, Rhode Island, specifically at 1029 Mendon Road. Their primary mission is to provide affordable housing opportunities for senior citizens, adhering to Section 202 of the National Housing Act. Operating under the supervision of the U.S. Department of Housing and Urban Development (HUD), they control rental charges and operating methods. Their housing complex, Valley View Estates, accommodates 42 senior residents in Manville, RI, contributing to the community's housing needs.


Official website here: www.valleyaffordable.org

Is Manville Hill Housing Corp legitimate?

Manville Hill Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manville Hill 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: $56,754

For more financial information, click here


Official website here: www.valleyaffordable.org

What is the mission statement of Manville Hill Housing Corp?

Manville Hill Housing Corp's mission is centered around providing affordable housing. Specifically, they focus on serving senior citizens, offering low-income housing options under Section 202 of the National Housing Act. Their operations are regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rental charges and operational methods. Manville Hill Housing Corp operates a 42-unit apartment complex named Valley View Estates in Cumberland, RI, continuing their commitment to providing affordable housing solutions for the elderly.


Official website here: www.valleyaffordable.org

Who is the CEO of Manville Hill Housing Corp?

John Mcqueen is the Principal Officer of Manville Hill Housing Corp.


Official website here: www.valleyaffordable.org

What is the revenue of Manville Hill Housing Corp?

Manville Hill Housing Corp's revenue in 2023 was $348,154.


Official website here: www.valleyaffordable.org

Who are the executives of Manville Hill Housing Corp and what are their salaries?


Here are 4 key members and their salaries:


Esther Lavallee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Mcmahon (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Lamagna (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Anderson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valleyaffordable.org

Where can I find the form 990 for Manville Hill Housing Corp?

Manville Hill Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.valleyaffordable.org

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

Mission Statement of Manville Hill Housing Corp

Manville Hill Housing Corp, a nonprofit organization, is committed to providing affordable housing for senior citizens. Their mission is to offer low-income housing options within the Providence, RI area, in adherence to Section 202 of the National Housing Act. Regulated by the HUD, Manville Hill Housing Corp ensures that rental charges and operating methods are maintained in accordance with the act. They operate a 42-unit apartment complex, known as Valley View Estates, in Cumberland, RI, catering specifically to the elderly population in the area.

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Impact




October, 2024

Manville Hill Housing Corp significantly impacts the community in Manville, Rhode Island, by providing affordable housing for senior citizens. With a focus on low-income elderly residents, the organization operates a 42-unit apartment complex known as Valley View Estates in Cumberland, RI. By delivering safe and affordable housing options, Manville Hill Housing Corp addresses the housing needs of vulnerable populations, ensuring that seniors have a stable place to live.

The organization adheres to the guidelines set forth under Section 202 of the National Housing Act, which allows it to offer rental assistance regulated by HUD. This ensures that rental charges are kept affordable, enabling seniors on fixed incomes to secure housing without financial strain. Through its mission, Manville Hill Housing Corp not only enhances the quality of life for its residents but also strengthens the community by creating a supportive environment for older adults.




This information is meant to be a general summary of Manville Hill 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
$348,154 (2023)
Expenses
$475,234 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,512
  • Program Service Revenue: $197,318
  • Gross Receipts: $348,154

Assets and Liabilities:

  • Total Assets: $4,510,486
  • Total Liabilities: $6,039,218
  • Net Assets: -$1,528,732

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Programs

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

TENANT RENT

Revenue

$195,608

LAUNDRY REVENUE

Revenue

$1,555

TENANT CHARGES

Revenue

$155

Organization Details

Founding Year

2008

Principal Officer

John Mcqueen

Main Address

1029 MENDON ROAD, CUMBERLAND, RI, 02864

NTEE Category

Code: L22 - Housing

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