Overview
What is University Circle Housing Inc?
University Circle Housing Inc, located in Cleveland, Ohio, is a nonprofit organization dedicated to providing subsidized housing for low-income senior citizens. Their primary focus is on maintaining a 152-unit apartment complex, ensuring affordable housing for this specific demographic. The organization's mission is deeply rooted in supporting the elderly population, ensuring they have access to secure and affordable living spaces.
Official website here: www.universitycircle.org
Is University Circle Housing Inc legitimate?
University Circle Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Circle Housing 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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Official website here: www.universitycircle.org
What is the mission statement of University Circle Housing Inc?
University Circle Housing Inc's mission is centered around providing subsidized housing options for low-income senior citizens. This organization strives to ensure that elderly individuals with limited financial resources have access to affordable living accommodations. To achieve this goal, University Circle Housing Inc has facilitated the financing of a 152-unit apartment complex, which serves as a vital housing solution for this demographic. By providing such housing, the organization contributes to the well-being and independence of senior citizens, enabling them to maintain a decent quality of life.
Official website here: www.universitycircle.org
Who is the CEO of University Circle Housing Inc?
Father Joseph Previte is the President of University Circle Housing Inc.
Official website here: www.universitycircle.org
What is the revenue of University Circle Housing Inc?
University Circle Housing Inc's revenue in 2023 was $190,000.
Official website here: www.universitycircle.org
Who are the executives of University Circle Housing Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.universitycircle.org
Where can I find the form 990 for University Circle Housing Inc?
University Circle Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.universitycircle.org
Learn more at the official website: www.universitycircle.org
Mission Statement of University Circle Housing Inc
University Circle Housing Inc is committed to providing subsidized housing for low-income senior citizens. This mission is carried out through various means, including the financing of an apartment complex that offers affordable housing units. The nonprofit organization aims to cater to this specific demographic, ensuring they have access to suitable living arrangements. By doing so, University Circle Housing Inc contributes to the well-being and comfort of senior citizens who may otherwise struggle with housing costs.
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Impact
October, 2024
University Circle Housing Inc plays a crucial role in enhancing the quality of life for low-income senior citizens in Cleveland, Ohio, by providing access to affordable housing options. Through its management of a 152-unit apartment complex, the organization enables seniors to secure comfortable and stable living environments tailored to their financial capabilities. This initiative not only addresses the critical need for subsidized housing among vulnerable demographics but also fosters a sense of community and belonging among residents.
By utilizing seller financing, University Circle Housing Inc ensures that more seniors can benefit from adequate housing, a fundamental necessity for independence and dignity in later years. This approach not only mitigates housing insecurity but also promotes overall well-being, allowing seniors to age with grace and access various resources and amenities in the area. The impact is felt not just within the walls of the apartment complex but throughout the larger community, as it helps to alleviate poverty and improve the living standards for one of society's most deserving populations.
This information is meant to be a general summary of University Circle Housing 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 2023.
- Program Service Revenue: $190,000
- Gross Receipts: $190,000
Assets and Liabilities:
- Total Assets: $6,375,746
- Total Liabilities: $0
- Net Assets: $6,375,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$180,000
MANAGEMENT FEES
Revenue
$10,000
Organization Details
Founding Year
1977
Phone
(216) 791-3900Principal Officer
Father Joseph Previte
Main Address
10831 MAGNOLIA DRIVE, CLEVELAND, OH, 44106
Website
www.universitycircle.orgNTEE Category
Code: L200 - Housing
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