Overview
What is Edison Terrace South?
Edison Terrace South is a nonprofit organization established with the mission to construct and manage a 15-unit apartment complex specifically designed for individuals with very low income and developmental disabilities. Situated in Kennewick, Washington (99336), this organization is dedicated to providing a living space that caters to the unique needs of its residents, aiming to promote a sense of independence and community. The organization's primary activity involves the construction and operation of this apartment complex, ensuring that individuals with developmental disabilities have access to affordable housing.
Is Edison Terrace South legitimate?
Edison Terrace South is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edison Terrace South 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $15,761
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What is the mission statement of Edison Terrace South?
Edison Terrace South is an organization with a mission to construct and operate a 15-unit apartment complex, serving as a housing solution for individuals with very low income and developmental disabilities. By providing this housing, the organization aims to contribute to their community, offering a living space that caters to the unique needs of these individuals. The goal is to enhance their quality of life and promote independence and inclusion. Additionally, the organization may engage in related activities, such as offering support services or partnering with other organizations to ensure the well-being and empowerment of its residents.
Who is the CEO of Edison Terrace South?
W Richard Barchet is the President of Edison Terrace South.
What is the revenue of Edison Terrace South?
Edison Terrace South's revenue in 2023 was $102,245.
Who are the executives of Edison Terrace South 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 Edison Terrace South?
Edison Terrace South's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Edison Terrace South
Edison Terrace South is a mission-driven organization that aims to construct and manage a 15-unit apartment complex, providing suitable housing for individuals with very low income and developmental disabilities. The primary objective of this nonprofit is to create a living space that caters specifically to this unique demographic, ensuring they have a safe and supportive environment to call home. By constructing and operating this apartment complex, Edison Terrace South seeks to make a significant positive impact on the lives of those with developmental disabilities, providing them with the opportunity to live independently and with dignity.
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Impact
October, 2024
Edison Terrace South plays a crucial role in addressing the housing needs of very low-income individuals with developmental disabilities in Kennewick, WA. By constructing and operating a 15-unit apartment complex, it creates a supportive living environment that promotes independence and enhances the quality of life for its residents. This initiative not only provides essential housing but also fosters a sense of community, enabling residents to connect with others in similar situations. The project addresses the significant gap in affordable housing options for this vulnerable population, ensuring they have access to safe and suitable living arrangements. Overall, Edison Terrace South contributes to the social fabric of the community by prioritizing inclusivity and support for those with developmental disabilities.
This information is meant to be a general summary of Edison Terrace South. 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 2023.
- Investment Income: $565
- Program Service Revenue: $52,789
- Gross Receipts: $102,245
Assets and Liabilities:
- Total Assets: $1,692,123
- Total Liabilities: $9,277
- Net Assets: $1,682,846
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL RECEIPTS
Revenue
$52,789
Organization Details
Founding Year
2010
Phone
(509) 375-6074Principal Officer
W Richard Barchet
Main Address
524 NORTH EDISON STREET, KENNEWICK, WA, 99336
NTEE Category
Code: L21 - Housing
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