Overview
What is Cedar Meadows Inc?
Cedar Meadows Inc, located in Akron, Ohio, is a nonprofit organization dedicated to providing affordable housing and essential services to elderly families and individuals with low income, as well as physically handicapped individuals. Their primary mission is to operate a 40-unit rental property, specifically designed for the housing needs of elderly and handicapped individuals. With a small team of two employees, Cedar Meadows Inc continues its mission to contribute positively to the community by offering housing solutions to those in need.
Is Cedar Meadows Inc legitimate?
Cedar Meadows Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Meadows 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: $58,212
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What is the mission statement of Cedar Meadows Inc?
Cedar Meadows Inc is committed to providing housing for elderly and physically handicapped individuals. Their mission is carried out through the operation of a 40-unit rental property, aiming to offer a home to these individuals in need. The organization also extends its services beyond just housing, providing related facilities and resources on a non-profit basis to low-income families and individuals. In essence, Cedar Meadows Inc is dedicated to enhancing the living conditions and overall well-being of the elderly and physically handicapped community.
Who is the CEO of Cedar Meadows Inc?
Gary Hagen is the President of Cedar Meadows Inc.
What is the revenue of Cedar Meadows Inc?
Cedar Meadows Inc's revenue in 2022 was $404,516.
Who are the executives of Cedar Meadows Inc and what are their salaries?
The average compensation at Cedar Meadows Inc during 2022 was $29,106. There are 2 employees at Cedar Meadows Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Related: $66,000
- Other: $0
Where can I find the form 990 for Cedar Meadows Inc?
Cedar Meadows Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cedar Meadows Inc
Cedar Meadows Inc, a non-profit organization, is dedicated to providing housing for elderly and physically handicapped individuals. Their mission is to operate a 40-unit rental property, serving as a shelter for those in need. The primary goal of this establishment is to offer housing and related facilities and services to low-income families and individuals on a non-profit basis. By providing a safe and supportive living environment, Cedar Meadows Inc aims to contribute positively to the well-being and independence of its residents, ensuring they can live comfortably and with dignity.
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Impact
October, 2024
Cedar Meadows Inc plays a vital role in the community by providing essential housing and services for elderly and physically handicapped individuals. Located in Akron, Ohio, Cedar Meadows operates a 40-unit rental property that caters specifically to the needs of elderly and low-income families.
This initiative not only addresses housing shortages for vulnerable populations but also enhances their quality of life by offering safe, accessible living environments. By focusing on the unique needs of these individuals, Cedar Meadows Inc significantly contributes to their well-being and independence, allowing them to live with dignity while receiving the support they need. The organization's efforts foster a sense of community and stability, ensuring that residents have a place to call home.
This information is meant to be a general summary of Cedar Meadows 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: $379
- Program Service Revenue: $142,592
- Gross Receipts: $404,516
Assets and Liabilities:
- Total Assets: $989,593
- Total Liabilities: $1,325,217
- Net Assets: -$335,624
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$141,404
TENANT CHARGES
Revenue
$1,188
Organization Details
Founding Year
1987
Phone
(330) 253-8178Principal Officer
Gary Hagen
Main Address
201 WEST CHESTNUT STREET, AKRON, OH, 44307
NTEE Category
Code: L22 - Housing
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