Overview
What is Newbury Elderly Housing Inc?
Newbury Elderly Housing Inc is a nonprofit organization dedicated to offering affordable housing solutions for the elderly and disabled. Their primary mission is to provide low-income housing, aiming to offer a diverse range of housing options for individuals with similar income levels in the same housing market area. To achieve this goal, they also engage in marketing properties to enhance their offerings. In essence, Newbury Elderly Housing Inc is committed to promoting a community where elderly and disabled individuals have access to a variety of suitable housing choices, ensuring they maintain a decent standard of living.
Is Newbury Elderly Housing Inc legitimate?
Newbury Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newbury Elderly Housing 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: $0
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What is the mission statement of Newbury Elderly Housing Inc?
Newbury Elderly Housing Inc's mission is centered around providing affordable housing for the elderly and disabled. Beyond this, the organization strives to create an environment where individuals with similar income levels in the same housing market have a variety of housing options available to them. To achieve this, Newbury Elderly Housing Inc engages in property marketing strategies.
Who is the CEO of Newbury Elderly Housing Inc?
Jeanne Agri is the Former President of Newbury Elderly Housing Inc.
What is the revenue of Newbury Elderly Housing Inc?
Newbury Elderly Housing Inc's revenue in 2023 was $418,653.
Who are the executives of Newbury Elderly Housing Inc and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $145,916
- Other: $26,268
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- Related: $119,900
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- Other: $3,699
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- Related: $104,632
- Other: $9,839
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- Related: $78,158
- Other: $15,273
Where can I find the form 990 for Newbury Elderly Housing Inc?
Newbury Elderly Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Newbury Elderly Housing Inc
Newbury Elderly Housing Inc is dedicated to providing low-income housing options for the elderly and disabled individuals. Their mission is to establish a situation where individuals with similar income levels in the same housing market area have a variety of housing choices available to them. The organization accomplishes this by offering affordable housing for the elderly and disabled, as well as actively marketing their properties to promote this diverse range of options. In essence, Newbury Elderly Housing Inc strives to create an inclusive housing market that caters to the specific needs of its target population, thereby enhancing their quality of life.
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Impact
October, 2024
Newbury Elderly Housing Inc significantly impacts the community by providing low-income housing specifically designed for elderly and disabled individuals in Concord, NH. This initiative addresses a critical need for affordable housing options, enabling residents to secure stable living arrangements within their means. By focusing on creating opportunities for individuals of similar income levels, Newbury Elderly Housing works to foster a diverse and inclusive community where all occupants have access to a comparable range of housing choices.
This organization not only alleviates the financial burden on elderly and disabled residents but also promotes social integration and wellbeing through supportive living environments. By marketing properties effectively, Newbury Elderly Housing helps ensure that those who may otherwise struggle to find suitable housing options can find homes that meet their needs. Overall, their efforts enhance the quality of life for vulnerable populations, contributing to the overall health and vitality of the community.
This information is meant to be a general summary of Newbury Elderly Housing 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 2023.
- Investment Income: $10
- Program Service Revenue: $165,670
- Gross Receipts: $418,653
Assets and Liabilities:
- Total Assets: $5,653,599
- Total Liabilities: $6,816,870
- Net Assets: -$1,163,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$155,105
SERVICE INCOME
Revenue
$10,565
Organization Details
Founding Year
2009
Phone
(603) 225-3295Principal Officer
Jeanne Agri
Main Address
PO BOX 1016, CONCORD, NH, 03302
NTEE Category
Code: L21 - Housing
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