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Lowell Terrace Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311601975 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Lowell Terrace Corp?

Lowell Terrace Corp is a nonprofit organization situated in Denver, Colorado, specifically at 4141 East Dickenson Place. Their primary focus is on providing affordable housing for individuals with behavioral health needs, offering 18 one-bedroom units specifically designed for this purpose. By doing so, they aim to enrich lives and promote well-being, focusing on the strengths of these individuals. Their mission is to develop and operate quality, affordable, and supportive housing for Denver residents in need of behavioral health services.

Is Lowell Terrace Corp legitimate?

Lowell Terrace Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lowell Terrace Corp 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: $8,082

For more financial information, click here

What is the mission statement of Lowell Terrace Corp?

Lowell Terrace Corp's mission is centered around enriching the lives and mental well-being of individuals with behavioral health needs. They achieve this by providing quality and affordable housing, focusing on the strengths of the residents. The corporation operates supportive housing facilities, offering a safe and nurturing environment for Denver residents who require assistance due to their behavioral health needs. By doing so, Lowell Terrace Corp aims to improve the overall living conditions and quality of life for these individuals. The organization operates an affordable housing apartment building, housing 18 one-bedroom units, providing low-income housing for individuals with disabilities and behavioral health needs.

Who is the CEO of Lowell Terrace Corp?

Carl Clark is the Board President & Ceo Of Mhcd of Lowell Terrace Corp. The CEO's salary of Lowell Terrace Corp is $0 and their total compensation is $1,021,084.

What is the revenue of Lowell Terrace Corp?

Lowell Terrace Corp's revenue in 2022 was $170,189.

Who are the executives of Lowell Terrace Corp and what are their salaries?

There 10 volunteers at Lowell Terrace Corp.


Here are 10 key members and their salaries (Lowell Terrace Corp's CEO's salary is $0 and their total compensation is $1,021,084):


Carl Clark (Board President & Ceo Of Mhcd)
  • Compensation: $0
  • Related: $1,001,793
  • Other: $19,291
Kristi Mock (Board Secretary & Coo Of Mhcd)
  • Compensation: $0
  • Related: $482,371
  • Other: $23,397
Angela Oakley (Board Treasurer & Cfo Of Mhcd)
  • Compensation: $0
  • Related: $450,006
  • Other: $33,902
Heather Staggs (Director Through 1/1/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Hopcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catalina Vielma (Director Through 11/17/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Bryan Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Everill (Director & Sabin Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Lewis (Sabin Board Director & Mhcd)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Lowery-Graber (Director Starting 1/1/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lowell Terrace Corp?

Lowell Terrace Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lowell Terrace Corp

Lowell Terrace Corp, a nonprofit organization, is dedicated to enriching the lives and minds of individuals with behavioral health needs by focusing on their strengths and well-being. They achieve this mission by developing and operating quality, affordable, and supportive housing for Denver residents who require such services. The organization's primary activity is the provision of Lowell Terrace Corp Apartments, an affordable housing building with 18 one-bedroom units specifically designed for low-income individuals who are disabled and have behavioral health needs. By providing a safe and supportive living environment, Lowell Terrace Corp aims to empower these individuals to lead fulfilling lives.

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Impact




October, 2024

Lowell Terrace Corp significantly impacts the community by providing quality, affordable housing for individuals with behavioral health needs in Denver, Colorado. With its 18 one-bedroom units, it addresses the critical need for low-income housing specifically designed for people living with disabilities related to behavioral health challenges. The organization enriches lives and minds by focusing on the strengths and well-being of residents, fostering an environment where individuals can thrive. By offering supportive housing, Lowell Terrace Corp plays a vital role in enhancing the quality of life for its residents and promoting greater inclusion and stability within the community.




This information is meant to be a general summary of Lowell Terrace Corp. 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.

Revenue
$170,189 (2022)
Expenses
$274,213 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20
  • Program Service Revenue: $170,115
  • Gross Receipts: $170,189

Assets and Liabilities:

  • Total Assets: $1,025,068
  • Total Liabilities: $513,175
  • Net Assets: $511,893

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Housing Rent

Revenue

$61,507

HUD Housing/Rental

Revenue

$108,608

Organization Details

Founding Year

1998

Principal Officer

Carl Clark

Main Address

4141 EAST DICKENSON PLACE, DENVER, CO, 80222

NTEE Category

Code: P80 - Human services

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