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Independence Park Senior Housing Inc

Independence Park Manor

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

EIN: 270093843 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Independence Park Senior Housing Inc?

Independence Park Senior Housing Inc, operating under the name Independence Park Manor, is a nonprofit organization situated in Portland, Oregon. Their primary mission is to provide affordable housing solutions for elderly individuals and other low-income families, currently benefiting approximately 19 residents. This nonprofit organization is dedicated to making a difference in the lives of its residents by offering them affordable housing options.

Is Independence Park Senior Housing Inc legitimate?

Independence Park Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Park Senior 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: $42,942

For more financial information, click here

What is the mission statement of Independence Park Senior Housing Inc?

Independence Park Senior Housing Inc is dedicated to providing affordable housing options for elderly individuals and other low-income residents. Their mission is centered around ensuring that these individuals have access to suitable living spaces. Through their efforts, they have benefited approximately 19 individuals and families, contributing to their housing needs. The organization's primary focus is on making housing affordable, thereby improving the living conditions for those in need.

Who is the CEO of Independence Park Senior Housing Inc?

Richard Henningsen is the President of Independence Park Senior Housing Inc.

What is the revenue of Independence Park Senior Housing Inc?

Independence Park Senior Housing Inc's revenue in 2023 was $237,359.

Who are the executives of Independence Park Senior Housing Inc and what are their salaries?


Here are 4 key members and their salaries:


Barbara Henningsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Henningsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dora Soria (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Varner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Independence Park Senior Housing Inc?

Independence Park Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Independence Park Senior Housing Inc

Independence Park Senior Housing Inc is a dedicated organization that focuses on providing affordable housing options for elderly individuals and other low-income families. Their primary mission is to ensure that these vulnerable populations have access to decent living spaces within their means. By offering affordable housing, the nonprofit benefits approximately 19 individuals and families, contributing to their overall well-being and stability. The organization's work is essential in providing a roof over the heads of those who might struggle to afford housing otherwise, enhancing their quality of life and enabling them to focus on other aspects of their lives.

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Impact




October, 2024

Independence Park Senior Housing Inc plays a crucial role in enhancing the quality of life for elderly individuals and low-income residents in Portland, Oregon. By providing affordable housing options, it directly benefits approximately 19 individuals and families, offering them a stable and secure living environment. This initiative not only addresses the critical need for affordable housing in the community but also fosters a sense of independence and dignity among its residents. The organization’s commitment to this mission has a profound impact on improving the overall well-being of vulnerable populations, ensuring that they have access to essential housing resources that are often scarce.




This information is meant to be a general summary of Independence Park Senior 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.

Revenue
$237,359 (2023)
Expenses
$315,811 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $99
  • Program Service Revenue: $237,260
  • Gross Receipts: $237,359

Assets and Liabilities:

  • Total Assets: $2,029,639
  • Total Liabilities: $3,470,936
  • Net Assets: -$1,441,297

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Programs

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

RENTS FOR LOW INCOME HOUSING

Revenue

$220,692

OTHER REVENUE

Revenue

$15,732

LAUNDRY AND VENDING

Revenue

$836

Organization Details

Founding Year

2004

Principal Officer

Richard Henningsen

Main Address

1625 SE LAFAYETTE ST, PORTLAND, OR, 97202

NTEE Category

Code: L22 - Housing

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