Overview
What is Woodbridge Homes For Elderly Inc?
Woodbridge Homes For Elderly Inc, located in Morristown, Tennessee, is a nonprofit organization dedicated to providing affordable housing for low-income elderly and disabled individuals. Regulated by the U.S. Department of Housing and Urban Development (HUD), the organization operates under Section 202 of the National Housing Act. The complex, named Highland Manor Apartments, houses 22 units. Their mission is to offer a living space for those in need, contributing to the well-being of the elderly and handicapped community in the area.
Is Woodbridge Homes For Elderly Inc legitimate?
Woodbridge Homes For Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodbridge Homes For Elderly 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.
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What is the mission statement of Woodbridge Homes For Elderly Inc?
Woodbridge Homes For Elderly Inc is committed to providing housing for individuals who are elderly or handicapped and fall under a low-income bracket. This is in accordance with Section 202 of the National Housing Act. Their mission is to offer suitable living spaces for these tenants, ensuring their needs are met. The housing complex, regulated by HUD, sets reasonable rent charges and operates in an organized manner, currently providing 22 units.
Who is the CEO of Woodbridge Homes For Elderly Inc?
Kay Hale is the President of Woodbridge Homes For Elderly Inc.
What is the revenue of Woodbridge Homes For Elderly Inc?
Woodbridge Homes For Elderly Inc's revenue in 2022 was $121,421.
Who are the executives of Woodbridge Homes For Elderly Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Woodbridge Homes For Elderly Inc?
Woodbridge Homes For Elderly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Woodbridge Homes For Elderly Inc
Woodbridge Homes for Elderly Inc, as a nonprofit organization, is dedicated to providing housing for individuals who are elderly or have disabilities, falling under the category of low-income tenants. This mission is in line with Section 202 of the National Housing Act. The primary goal of Woodbridge Homes for Elderly Inc is to offer suitable living arrangements for these vulnerable populations, ensuring they have a place to call home. The organization is regulated by the Department of Housing and Urban Development (HUD), which oversees rental charges and operating methods to maintain fairness and transparency. Currently, Woodbridge Homes for Elderly Inc manages 22 rental units, providing a secure and comfortable living environment for its tenants.
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Impact
October, 2024
Woodbridge Homes For Elderly Inc significantly impacts the community by providing affordable housing options specifically tailored for low-income elderly and handicapped individuals. Located in Morristown, TN, the facility offers 22 rental units that cater to those in need, ensuring they have a safe and supportive living environment.
By adhering to the regulations set forth by HUD under Section 202 of the National Housing Act, Woodbridge Homes ensures that its rent charges and operating methods remain accessible for its tenants. This commitment not only alleviates the financial burden on low-income seniors and individuals with disabilities but also fosters a sense of community and belonging. The presence of such housing options in the area enhances the quality of life for vulnerable populations, promoting dignity, independence, and stability for its residents.
This information is meant to be a general summary of Woodbridge Homes For Elderly 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: $509
- Program Service Revenue: $72,866
- Gross Receipts: $121,421
Assets and Liabilities:
- Total Assets: $724,332
- Total Liabilities: $1,241,392
- Net Assets: -$517,060
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$72,183
LAUNDRY & VENDING INCO
Revenue
$554
OTHER INCOME
Revenue
$129
Organization Details
Founding Year
1996
Phone
(423) 586-1494Principal Officer
Kay Hale
Main Address
PO BOX 1218, MORRISTOWN, TN, 378161218
NTEE Category
Code: L22 - Housing
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