nonprofit logo

The Residences At Wood Street

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

EIN: 264252657 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

Overview

What is The Residences At Wood Street?

The Residences at Wood Street is a Pennsylvania-based nonprofit corporation, established through a collaboration of public and private entities. Their primary objective is to provide housing for a vulnerable population, operating a 16-story building in downtown Pittsburgh, Pennsylvania. This facility encompasses approximately 55,000 square feet of commercial space and 259 units of single room occupancy. The corporation's board of directors consists of various entities involved in this charitable initiative. Their mission is to acquire, own, and manage this building to serve those in need.


Is The Residences At Wood Street legitimate?

The Residences At Wood Street is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Residences At Wood Street 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $336,369

For more financial information, click here


What is the mission statement of The Residences At Wood Street?
Who is the CEO of The Residences At Wood Street?
What is the revenue of The Residences At Wood Street?
Who are the executives of The Residences At Wood Street and what are their salaries?
Where can I find the form 990 for The Residences At Wood Street?

Mission Statement of The Residences At Wood Street

The Residences at Wood Street, a Pennsylvania not-for-profit corporation, was established with a mission to acquire, own, and operate a 16-story building in a downtown area, encompassing approximately 55,000 square feet of commercial space and 259 units of single room occupancy. This initiative was spearheaded by a collaboration of public and private entities, all of whom are members of The Residences at Wood Street's Board of Directors. The primary charitable purpose behind this endeavor is to provide housing for a vulnerable population.

Impact

This information is meant to be a general summary of The Residences At Wood Street. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Residences At Wood Street have a significant impact on providing housing to a vulnerable population in downtown Pittsburgh. With 259 units of single room occupancy, this organization plays a crucial role in ensuring individuals have a place to call home. By offering not just shelter but also a sense of stability and security, The Residences At Wood Street contribute to improving the overall well-being of those in need within the community. Their work highlights the importance of initiatives aimed at addressing housing insecurity and supporting marginalized individuals.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $5,740
  • Program Service Revenue: $1,289,145
  • Gross Receipts: $2,308,042

    • Assets and Liabilities:
  • Total Assets: $18,062,109
  • Total Liabilities: $6,419,190
  • Net Assets: $11,642,919
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,289,145

    Organization Details

    Founding Year

    2008

    Principal Officer

    Lawrence A Swanson

    Main Address

    611 WILLIAM PENN PLACE 800, PITTSBURGH, PA, 152196927

    NTEE Category

    Code: L21 - Housing

    If you are a representative of The Residences At Wood Street and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.