Overview
What is Hancock Manor Corporation?
Hancock Manor Corporation is a nonprofit organization, headquartered in Philadelphia, Pennsylvania, dedicated to providing housing solutions for low-income individuals, with a primary focus on formerly homeless veterans. Established with the mission to acquire, develop, and manage housing facilities, the corporation operates a 46-unit apartment complex, offering a supportive living environment for those in need. With a workforce of six individuals, Hancock Manor Corporation strives to improve the lives of its residents and contribute to the overall well-being of the community.
Is Hancock Manor Corporation legitimate?
Hancock Manor Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hancock Manor Corporation 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: $65,076
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What is the mission statement of Hancock Manor Corporation?
Hancock Manor Corporation was established with the purpose of engaging in various activities, primarily focusing on the acquisition, development, and management of housing facilities. The corporation's primary target demographic is low-income individuals, with a special emphasis on formerly homeless veterans. Their mission is to provide suitable housing solutions for this group, aiming to contribute positively to their lives. The corporation operates a 46-unit low-income housing apartment complex, primarily designed for formerly homeless veterans, demonstrating their commitment to this cause.
Who is the CEO of Hancock Manor Corporation?
Casey O'Donnell is the President of Hancock Manor Corporation.
What is the revenue of Hancock Manor Corporation?
Hancock Manor Corporation's revenue in 2022 was $296,400.
Who are the executives of Hancock Manor Corporation and what are their salaries?
The average compensation at Hancock Manor Corporation during 2022 was $10,846. There are 6 employees and 2 volunteers at Hancock Manor Corporation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hancock Manor Corporation?
Hancock Manor Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hancock Manor Corporation
Hancock Manor Corporation, established with a specific purpose, is devoted to activities including the acquisition, development, and management of housing for low-income individuals, primarily formerly homeless veterans. The organization's mission is centered around providing suitable living spaces for those in need, with a particular focus on veterans who have previously experienced homelessness. By undertaking these activities, Hancock Manor Corporation aims to make a meaningful impact in the lives of its residents, offering them a chance to rebuild and stabilize their living situations.
The core activity of Hancock Manor Corporation is the operation of a 46-unit low-income housing apartment complex. This complex serves as a sanctuary for formerly homeless veterans, providing them with safe and secure living spaces. The organization's commitment to this mission is evident in its dedication to serving this specific population, offering them the opportunity to rebuild their lives with the support of a stable living environment. The work of Hancock Manor Corporation is instrumental in providing housing solutions for those who otherwise may not have had access to such resources.
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Impact
October, 2024
Hancock Manor Corporation plays a vital role in addressing the housing needs of low-income individuals, with a specific focus on formerly homeless veterans. By operating a 46-unit low-income housing apartment complex in Philadelphia, the organization contributes significantly to the community by providing stable and affordable housing options. This initiative not only helps to alleviate homelessness among veterans but also fosters a supportive environment that can aid in their reintegration into society.
Through its acquisition, development, and management activities, Hancock Manor Corporation ensures that these individuals have a safe place to call home, thus improving their overall quality of life and promoting stability and independence. The organization's efforts are crucial in tackling the challenges of housing insecurity faced by this vulnerable population, making a lasting impact in the lives of many.
This information is meant to be a general summary of Hancock Manor Corporation. 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: $43
- Program Service Revenue: $296,357
- Gross Receipts: $296,400
Assets and Liabilities:
- Total Assets: $983,362
- Total Liabilities: $15,345,641
- Net Assets: -$14,362,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$294,835
SERVICE INCOME
Revenue
$1,522
Organization Details
Founding Year
2009
Phone
(215) 423-2944Principal Officer
Casey O'Donnell
Main Address
1952 E ALLEGHENY AVE, PHILADELPHIA, PA, 19134
NTEE Category
Code: L21 - Housing
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