Overview
What is Woodbend Housing Corporation?
Woodbend Housing Corporation, situated in Akron, Ohio, is a dedicated nonprofit organization. Their primary purpose is to offer affordable housing options for the elderly, catering to individuals with limited income. The retirement home or senior housing program they manage, known as Ravenna Housing for the Elderly, strives to fulfill this mission. By providing a safe and comfortable living environment for seniors, Woodbend Housing Corporation contributes significantly to the community, ensuring that elderly individuals can live with dignity and independence.
Is Woodbend Housing Corporation legitimate?
Woodbend Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Woodbend Housing Corporation 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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Other Salaries and Wages: $27,767
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What is the mission statement of Woodbend Housing Corporation?
Woodbend Housing Corporation's mission is centered around providing affordable housing options for the elderly. This mission is carried out through various programs, one of which is Ravenna Housing for the Elderly, located in Akron, Ohio. In essence, Woodbend Housing Corporation aims to create an environment that caters to the housing needs of elderly individuals with limited financial resources. By doing so, they contribute to enhancing the quality of life for this demographic, ensuring they can age with dignity and independence.
Who is the CEO of Woodbend Housing Corporation?
Albert Bragg Jr is the Executive Director of Woodbend Housing Corporation.
What is the revenue of Woodbend Housing Corporation?
Woodbend Housing Corporation's revenue in 2023 was $427,521.
Who are the executives of Woodbend Housing Corporation and what are their salaries?
Here are 27 key members and their salaries:
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Where can I find the form 990 for Woodbend Housing Corporation?
Woodbend Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Woodbend Housing Corporation
Woodbend Housing Corporation, as a nonprofit organization, is committed to a noble mission. Its primary focus is to provide affordable housing opportunities for the elderly, ensuring that they can live with dignity and independence in their later years. By offering low-income housing solutions, Woodbend Housing Corporation is making a significant contribution to the well-being of this vulnerable group, enabling them to maintain their quality of life without financial strain. This mission is particularly important, as many elderly individuals may struggle with limited income, making access to suitable housing a challenge. By fulfilling this mission, Woodbend Housing Corporation is not only meeting a basic need but also enhancing the overall community by ensuring that its senior population is well-cared for.
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Impact
October, 2024
Woodbend Housing Corporation significantly impacts its community by providing low-income housing specifically tailored for the elderly population in Akron, OH. Through its initiative, Ravenna Housing for the Elderly, it addresses the critical need for affordable and accessible housing options for seniors, enabling them to maintain their independence while ensuring they have a safe and supportive living environment. This initiative helps to alleviate the financial burden many elderly individuals face, fostering a sense of community and enhancing their quality of life. By focusing on this vulnerable demographic, Woodbend Housing Corporation plays a vital role in promoting stability and well-being among seniors in the Akron area.
This information is meant to be a general summary of Woodbend Housing Corporation. 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.
- Investment Income: $419
- Program Service Revenue: $426,300
- Gross Receipts: $427,521
Assets and Liabilities:
- Total Assets: $794,187
- Total Liabilities: $1,054,174
- Net Assets: -$259,987
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Rent Revenue
Revenue
$426,300
Organization Details
Founding Year
1984
Principal Officer
Albert Bragg Jr
Main Address
662 Wolf Ledges Parkway, Akron, OH, 44311
NTEE Category
Code: L22 - Housing
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