Overview
What is 18 W Read St Inc?
18 W Read St Inc is a nonprofit organization situated in Baltimore, Maryland, specifically at 2918 B Glenmore Ave. Their primary mission is dedicated to providing affordable housing for disabled low-income adult individuals. They have 10 rental units designed for this purpose. The organization is involved in the development and management of these properties, ensuring they cater to the specific needs of their target demographic.
Is 18 W Read St Inc legitimate?
18 W Read St Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 18 W Read St 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: $33,228
For more financial information, click here
What is the mission statement of 18 W Read St Inc?
18 W Read St Inc's mission is centered around developing and managing affordable housing options for disabled low-income adult individuals. This organization is dedicated to providing a living space that is both affordable and suitable for this specific group of individuals. Through their efforts, they have successfully provided 10 rental units to cater to this need. The ultimate goal of 18 W Read St Inc is to contribute positively to the living conditions and overall well-being of these individuals, ensuring they have a place to call home.
Who is the CEO of 18 W Read St Inc?
Nico Sanders is the President of 18 W Read St Inc.
What is the revenue of 18 W Read St Inc?
18 W Read St Inc's revenue in 2022 was $108,273.
Who are the executives of 18 W Read St Inc and what are their salaries?
There 4 volunteers at 18 W Read St Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $40,385
- Other: $1,165
- Compensation: $0
- Related: $53,968
- Other: $10,119
- Compensation: $0
- Related: $217,909
- Other: $30,400
- Compensation: $0
- Related: $59,308
- Other: $11,519
Where can I find the form 990 for 18 W Read St Inc?
18 W Read St Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 18 W Read St Inc
18 W Read St Inc, as a nonprofit organization, is dedicated to the development and management of affordable housing specifically designed for disabled low-income adult individuals. This mission aims to provide them with a secure living environment that caters to their unique needs. Through its efforts, the organization has successfully provided 10 rental units, offering these individuals a much-needed place to call home. The nonprofit's mission is a crucial step towards ensuring that disabled low-income adults have access to affordable and suitable housing, which is a fundamental right and a key factor in maintaining their overall well-being.
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Impact
October, 2024
18 W Read St Inc significantly impacts the Baltimore community by providing affordable housing specifically designed for disabled low-income adults. By offering 10 rental units, the organization addresses a critical need for accessible housing, enabling individuals in this demographic to secure stable living conditions that support their independence and well-being. This initiative not only enhances the quality of life for residents but also contributes to the overall health of the community by promoting inclusivity and stability for some of its most vulnerable members. The development and management of such housing play a crucial role in combating housing insecurity and fostering a more equitable society.
This information is meant to be a general summary of 18 W Read St 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 2022.
- Investment Income: $18
- Program Service Revenue: $93,973
- Gross Receipts: $108,273
Assets and Liabilities:
- Total Assets: $1,408,543
- Total Liabilities: $97,186
- Net Assets: $1,311,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$135,993
VACANCIES
Revenue
-$42,020
Organization Details
Founding Year
2009
Phone
(410) 545-4429Principal Officer
Nico Sanders
Main Address
2918 B GLENMORE AVE, BALTIMORE, MD, 21214
NTEE Category
Code: L22 - Housing
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