Overview
What is Park Side Management Inc?
Park Side Management Inc is a nonprofit organization situated in Oakland, Maryland. Their primary focus is to provide affordable housing for elderly individuals. To accomplish this mission, they manage and operate residential units, which include one-bedroom apartments. The expenses associated with maintaining these living spaces are covered by the organization. The core activity of Park Side Management Inc is to ensure that elderly individuals have access to suitable and affordable housing.
Is Park Side Management Inc legitimate?
Park Side Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Side Management 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.
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What is the mission statement of Park Side Management Inc?
Park Side Management Inc's mission, as stated, is centered around providing affordable housing for elderly individuals. In more detail, the organization strives to offer suitable living spaces for the elderly, maintaining a focus on affordability. The organization's activities involve managing the expenses associated with operating one-bedroom apartment units for these individuals. In essence, Park Side Management Inc is committed to ensuring that elderly individuals have access to affordable housing options.
Who is the CEO of Park Side Management Inc?
Duane Yoder is the President of Park Side Management Inc.
What is the revenue of Park Side Management Inc?
Park Side Management Inc's revenue in 2022 was $111,253.
Who are the executives of Park Side Management Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Park Side Management Inc?
Park Side Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Park Side Management Inc
Park Side Management Inc, as stated in its mission, is committed to providing affordable housing for elderly individuals. This nonprofit organization's primary goal is to ensure that elderly individuals have access to reasonably priced housing units. The organization's activities are centered around managing and operating residential units specifically designed for the elderly, aiming to alleviate the financial burden associated with housing costs for this population.
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Impact
October, 2024
Park Side Management Inc plays a crucial role in addressing the housing needs of elderly individuals in Oakland, MD, by ensuring access to affordable living options. Through its dedicated efforts to provide housing, the organization creates a supportive environment tailored to the unique requirements of seniors.
By operating one-bedroom apartment units, Park Side Management Inc alleviates the financial burden on elderly residents, allowing them to focus on their well-being and quality of life. This initiative not only enhances individual lives but also fosters a sense of community among residents, promoting social engagement and reducing isolation. The impact of Park Side Management Inc is thus multifaceted, contributing significantly to both the social and economic stability of the elderly population it serves.
This information is meant to be a general summary of Park Side Management 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $258
- Program Service Revenue: $110,995
- Gross Receipts: $111,253
Assets and Liabilities:
- Total Assets: $2,342,268
- Total Liabilities: $20,518
- Net Assets: $2,321,750
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE - GROSS P
Revenue
$64,639
TENANT ASSISTANCE PAYM
Revenue
$56,226
LAUNDRY INCOME
Revenue
$575
LESS VACANCIES
Revenue
-$10,445
Organization Details
Founding Year
2005
Phone
(301) 334-9431Principal Officer
Duane Yoder
Main Address
CO DUANE YODER, OAKLAND, MD, 21550
NTEE Category
Code: L22 - Housing
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