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Regina Manor Apartments Inc

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

EIN: 341054808 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Regina Manor Apartments Inc?

Regina Manor Apartments Inc initially started as a nonprofit organization with the primary mission of offering affordable housing options for low-income families displaced due to urban renewal actions. Originally, the organization provided this housing itself on a non-profit basis. However, at a later stage, Regina Manor Apartments Inc sold its assets to another entity that continued to provide similar low-income housing services. Currently, the entity that acquired the assets holds the debt used to finance this housing provision.

Is Regina Manor Apartments Inc legitimate?

Regina Manor Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regina Manor Apartments 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: $0

For more financial information, click here

What is the mission statement of Regina Manor Apartments Inc?

Regina Manor Apartments Inc was initially established as a non-profit organization with the primary mission of providing affordable housing for low-income and moderate-income families displaced by urban renewal actions. After selling its assets, the responsibility for providing this housing shifted to another entity. This entity, now in possession of the debt used to finance the housing function, continues to provide the same housing services originally intended by Regina Manor Apartments Inc.

Who is the CEO of Regina Manor Apartments Inc?

Vr Michael R Billian is the President of Regina Manor Apartments Inc.

What is the revenue of Regina Manor Apartments Inc?

Regina Manor Apartments Inc's revenue in 2020 was $7,363.

Who are the executives of Regina Manor Apartments Inc and what are their salaries?


Here are 6 key members and their salaries:


Vr Michael R Billian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hayward (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Wilkins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Mary Thill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Frazier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Kott (Former Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Regina Manor Apartments Inc?

Regina Manor Apartments Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Regina Manor Apartments Inc

Regina Manor Apartments Inc was initially established with a mission to offer affordable housing on a non-profit basis for families displaced by urban renewal actions, falling under the category of low and moderate income earners. Originally, the organization owned the housing facilities, but later, it sold its assets to another entity that continues to provide the same housing services. The entity that now manages the housing facilities utilizes the debt acquired during the initial sale to finance the provision of low-income housing. In essence, Regina Manor Apartments Inc's original mission was to provide a sanctuary for displaced families, and while the organization has transitioned ownership, its initial purpose of offering affordable housing for disadvantaged families remains intact.

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Impact




October, 2024

Regina Manor Apartments Inc has played a significant role in addressing the housing needs of low and moderate-income families, particularly those affected by urban renewal efforts. Initially established to provide affordable housing options, it focused on creating a supportive environment for families who found themselves displaced. Though the organization later sold its assets, its foundational impact continues through the entity that now manages the housing.

In Toledo, Ohio, Regina Manor Apartments Inc has contributed to stabilizing communities by ensuring access to low-income housing. This assistance enables families to secure safe and reliable homes, fostering a sense of community and stability. By prioritizing these vulnerable populations, the organization has not only alleviated immediate housing concerns but also promoted longer-term socio-economic well-being within the city. The legacy of their efforts can be seen in the ongoing availability of affordable housing options for those most in need.




This information is meant to be a general summary of Regina Manor Apartments 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.

Revenue
$7,363 (2020)
Expenses
$3,402,496 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $7,363
  • Gross Receipts: $7,363

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

INTEREST INCOME - SELL

Revenue

$7,363

Organization Details

Founding Year

1968

Principal Officer

Vr Michael R Billian

Main Address

3739 N ERIE STREET, TOLEDO, OH, 43611

NTEE Category

Code: L21Z - Housing

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