Overview
What is Maximum Accessible Housing - Lake?
Maximum Accessible Housing - Lake is a nonprofit organization situated in Cleveland, Ohio, specifically at 1725 EAST 115TH STREET. Their primary mission is to provide accessible and affordable housing for individuals with mobility disabilities. To achieve this, they operate a 24-unit apartment building under Section 811 of the National Affordable Housing Act, which is regulated by HUD in terms of rent charges and operational methods. With a dedicated team of 14 employees, Maximum Accessible Housing - Lake aims to create a living environment that caters to the unique needs of low-income individuals with mobility challenges, thereby enhancing their quality of life.
Official website here: www.maxhousing.org
Is Maximum Accessible Housing - Lake legitimate?
Maximum Accessible Housing - Lake is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maximum Accessible Housing - Lake 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: $135,958
For more financial information, click here
Official website here: www.maxhousing.org
What is the mission statement of Maximum Accessible Housing - Lake?
Maximum Accessible Housing, in its mission, focuses on providing affordable and accessible housing for individuals with mobility disabilities who have low income. This organization operates under Section 811 of the National Affordable Housing Act, regulated by HUD, and manages a 24-unit apartment building that adheres to these regulations in terms of rent charges and operating methods. By offering such accommodations, Maximum Accessible Housing aims to improve the living conditions and promote independence for this specific group of individuals.
Official website here: www.maxhousing.org
What is the revenue of Maximum Accessible Housing - Lake?
Maximum Accessible Housing - Lake's revenue in 2024 was $385,653.
Official website here: www.maxhousing.org
Who are the executives of Maximum Accessible Housing - Lake and what are their salaries?
The average compensation at Maximum Accessible Housing - Lake during 2024 was $7,274. There 19 volunteers at Maximum Accessible Housing - Lake.
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- Related: $120,367
- Other: $24,629
Official website here: www.maxhousing.org
Where can I find the form 990 for Maximum Accessible Housing - Lake?
Maximum Accessible Housing - Lake's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.maxhousing.org
Learn more at the official website: www.maxhousing.org
Mission Statement of Maximum Accessible Housing - Lake
Maximum Accessible Housing-Lake, as a nonprofit organization, is committed to a mission that is both specific and impactful. Their primary goal is to provide accessible and affordable housing for individuals with mobility disabilities who have low incomes. This mission is carried out through the operation of a 24-unit apartment building, which falls under Section 811 of the National Affordable Housing Act. Regulated by the Department of Housing and Urban Development (HUD), this housing unit ensures that rent charges and operating methods adhere to established guidelines. In essence, Maximum Accessible Housing-Lake is dedicated to creating a living environment that is both inclusive and affordable for individuals with mobility disabilities, thereby promoting their independence and overall well-being.
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Impact
October, 2024
Maximum Accessible Housing - Lake significantly impacts the community by providing accessible and affordable housing options for low-income individuals with mobility disabilities. By operating a 24-unit apartment building under Section 811 of the National Affordable Housing Act, it ensures that residents enjoy safe, regulated living spaces tailored to their needs. This initiative not only addresses the critical shortage of accessible housing but also fosters independence and dignity for individuals who often face barriers to suitable living arrangements. The commitment to maintaining affordable rent aligns with their mission to create inclusive opportunities, positively influencing the lives of residents and promoting social equity in Cleveland, OH.
This information is meant to be a general summary of Maximum Accessible Housing - Lake. 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 2024.
- Investment Income: $6,245
- Program Service Revenue: $377,730
- Gross Receipts: $385,653
Assets and Liabilities:
- Total Assets: $1,055,483
- Total Liabilities: $1,549,572
- Net Assets: -$494,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE HUD
Revenue
$263,612
RENTAL INCOME
Revenue
$114,118
Organization Details
Founding Year
1992
Principal Officer
Stephen Hansler
Website
www.maxhousing.orgNTEE Category
Code: P8XZ - Human services
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