Overview
What is Margaret Manor Elderly Housing Inc?
Margaret Manor Elderly Housing Inc is a nonprofit organization located in Shawnee, Oklahoma, specifically at 2805 N Union. Their primary mission is to offer housing solutions for low-income elderly individuals, with a total of 20 units available. They achieve this goal through HUD Section 202 housing, a specialized program that caters to the needs of this demographic. With a modest workforce of two dedicated individuals, they strive to provide a comfortable living environment and support for this vulnerable population.
Is Margaret Manor Elderly Housing Inc legitimate?
Margaret Manor Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaret Manor 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: $14,024
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What is the mission statement of Margaret Manor Elderly Housing Inc?
Margaret Manor Elderly Housing Inc's primary mission is to offer housing solutions for low-income elderly individuals. They achieve this by providing 20 units of housing under the HUD Section 202 program. The objective of this organization is to ensure that elderly individuals with limited financial resources have access to suitable living arrangements. Their mission is centered around enhancing the quality of life for this specific demographic, thereby promoting their overall well-being and independence. By offering HUD-funded housing, Margaret Manor Elderly Housing Inc is making a significant contribution to the community, providing a stable living environment for those in need.
What is the revenue of Margaret Manor Elderly Housing Inc?
Margaret Manor Elderly Housing Inc's revenue in 2023 was $139,355.
Who are the executives of Margaret Manor Elderly Housing Inc and what are their salaries?
The average compensation at Margaret Manor Elderly Housing Inc during 2023 was $7,012. There are 2 employees and 7 volunteers at Margaret Manor Elderly Housing Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Margaret Manor Elderly Housing Inc?
Margaret Manor Elderly Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Margaret Manor Elderly Housing Inc
Margaret Manor Elderly Housing Inc, as its mission statement suggests, is dedicated to providing housing solutions for low-income elderly individuals. This nonprofit organization specializes in offering 20 units of housing under the HUD Section 202 program. By doing so, it aims to cater to the housing needs of this specific demographic, ensuring they have a safe and secure living environment. The focus of Margaret Manor Elderly Housing Inc is on providing housing, as stated in the provided information, without specifying any other particular activities or services.
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Impact
October, 2024
Margaret Manor Elderly Housing Inc significantly impacts the community by providing 20 units of HUD Section 202 housing specifically designed for low-income elderly individuals. This initiative addresses the critical need for affordable housing among seniors, ensuring that vulnerable populations have a safe and stable living environment. By catering to low-income elderly residents in Shawnee, OK, Margaret Manor fosters a sense of community and support, promoting a better quality of life for its residents. Access to affordable housing plays a vital role in enhancing the overall well-being of seniors, allowing them to age in place while maintaining their independence and dignity.
This information is meant to be a general summary of Margaret Manor 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: $2,271
- Program Service Revenue: $81,887
- Gross Receipts: $139,355
Assets and Liabilities:
- Total Assets: $1,531,563
- Total Liabilities: $2,071,274
- Net Assets: -$539,711
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$81,887
Laundry and Vending
Tenant Charges
Organization Details
Founding Year
2010
Principal Officer
Cincie Upchego
NTEE Category
Code: L22 - Housing
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