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Walnut Grove Nonprofit Housing

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

EIN: 331064333 ✦ Vancouver, WA ✦ Designated as a 501(c)(3)

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Overview

What is Walnut Grove Nonprofit Housing?

Walnut Grove Nonprofit Housing is a charitable organization located in Vancouver, Washington. Their primary mission is to provide affordable housing for the elderly, as evidenced by the construction of a 65-unit apartment complex adhering to Section 202 of the National Housing Act. Regulated by the U.S. Department of Housing and Urban Development, Walnut Grove Nonprofit Housing is dedicated to maintaining this project, ensuring that elderly residents in the area have access to affordable housing options.

Is Walnut Grove Nonprofit Housing legitimate?

Walnut Grove Nonprofit Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Grove Nonprofit Housing 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: $0

For more financial information, click here

What is the mission statement of Walnut Grove Nonprofit Housing?

Walnut Grove Nonprofit Housing's mission is centered around owning and operating an affordable housing project specifically designed for the elderly. This project, comprising 65 units, is strategically located in an unspecified area. The organization's primary objective is to provide affordable housing options for this demographic, ensuring they have a suitable living environment. Walnut Grove adheres to regulations set by the U.S. Department of Housing and Urban Development, as per Section 202 of the National Housing Act.

Who is the CEO of Walnut Grove Nonprofit Housing?

Susan Derenzo is the Chair of Walnut Grove Nonprofit Housing.

What is the revenue of Walnut Grove Nonprofit Housing?

Walnut Grove Nonprofit Housing's revenue in 2022 was $406,149.

Who are the executives of Walnut Grove Nonprofit Housing and what are their salaries?


Here are 5 key members and their salaries:


Sharif Burdzik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Derenzo (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim David (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Thompson (Secretary Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Waldbauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Walnut Grove Nonprofit Housing?

Walnut Grove Nonprofit Housing's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Walnut Grove Nonprofit Housing

Walnut Grove Nonprofit Housing is committed to owning and operating an affordable housing project specifically designed for the elderly community. Located in Vancouver, WA, this nonprofit organization has constructed a 65-unit apartment complex in accordance with Section 202 of the National Housing Act. The U.S. Department of Housing and Urban Development regulates this project, ensuring that it adheres to necessary standards and provides affordable living options for its elderly residents.

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Impact




October, 2024

Walnut Grove Nonprofit Housing significantly enhances the quality of life for elderly residents in Vancouver, WA, by providing affordable housing tailored specifically for their needs. The 65-unit apartment complex is designed to offer a supportive environment for low-income seniors, ensuring they have safe, secure, and accessible living accommodations.

Constructed in compliance with Section 202 of the National Housing Act, Walnut Grove addresses the critical housing shortage for this vulnerable demographic. By operating under the regulations set forth by the U.S. Department of Housing and Urban Development, it guarantees that the housing remains affordable and meets the necessary standards for comfort and safety.

The impact of Walnut Grove extends beyond mere shelter; it fosters community among residents, promotes independence, and enhances overall well-being. Residents benefit from a stable living situation that allows them to age in place, encouraging social interaction and reducing isolation. This vital resource not only supports individual residents but also strengthens the community as a whole by contributing to a more inclusive and supportive environment for seniors in Vancouver.




This information is meant to be a general summary of Walnut Grove Nonprofit Housing. 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
$406,149 (2022)
Expenses
$567,045 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58
  • Program Service Revenue: $406,091
  • Gross Receipts: $406,149

Assets and Liabilities:

  • Total Assets: $3,983,008
  • Total Liabilities: $136,880
  • Net Assets: $3,846,128

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Programs

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

HUD RENTAL ASSISTANCE

Revenue

$216,089

DWELLING RENTAL

Revenue

$188,939

LAUNDRY AND VENDING

Revenue

$741

OTHER REVENUE

Revenue

$322

Organization Details

Founding Year

2003

Principal Officer

Susan Derenzo

Main Address

2500 MAIN STREET SUITE 200, VANCOUVER, WA, 986602697

NTEE Category

Code: L20 - Housing

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