Overview
What is Margaret Wagner Apartments Inc?
Margaret Wagner Apartments Inc is a nonprofit organization located in Cleveland Heights, Ohio, specifically at 2375 Euclid Heights Blvd, 44106. Their primary mission is to provide low-income housing for older adults aged 62 and above, as per the Department of Housing and Urban Development (HUD) Section 202 Supportive Housing for the Elderly program. The organization has 24 rental units available for this purpose. The aim is to offer supportive housing that caters to the elderly population, ensuring they can live independently with necessary assistance.
Official website here: www.benrose.org/web/guest/housing
Is Margaret Wagner Apartments Inc legitimate?
Margaret Wagner Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaret Wagner 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: $72,581
For more financial information, click here
Official website here: www.benrose.org/web/guest/housing
What is the mission statement of Margaret Wagner Apartments Inc?
Margaret Wagner Apartments Inc, as stated in its mission, is dedicated to providing low-income housing for elderly individuals. This is done under the HUD Section 202 provisions. The organization has 24 rental units available for this purpose, offering independent and supportive housing to low-income older adults who are 62 years of age and above, meeting the HUD guidelines for low-income qualification. The apartments are subsidized under the Department of Housing and Urban Development (HUD) Section 202 Supportive Housing for the Elderly program.
Official website here: www.benrose.org/web/guest/housing
Who is the CEO of Margaret Wagner Apartments Inc?
Orion H Bell is the President & Ceo of Margaret Wagner Apartments Inc. The CEO's salary of Margaret Wagner Apartments Inc is $0 and their total compensation is $325,456.
Official website here: www.benrose.org/web/guest/housing
What is the revenue of Margaret Wagner Apartments Inc?
Margaret Wagner Apartments Inc's revenue in 2022 was $292,010.
Official website here: www.benrose.org/web/guest/housing
Who are the executives of Margaret Wagner Apartments Inc and what are their salaries?
There 3 volunteers at Margaret Wagner Apartments Inc.
Here are 7 key members and their salaries (Margaret Wagner Apartments Inc's CEO's salary is $0 and their total compensation is $325,456):
- Compensation: $0
- Related: $286,707
- Other: $38,749
- Compensation: $0
- Related: $167,002
- Other: $27,909
- Compensation: $0
- Related: $161,980
- Other: $25,198
- Compensation: $0
- Related: $90,265
- Other: $17,385
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.benrose.org/web/guest/housing
Where can I find the form 990 for Margaret Wagner Apartments Inc?
Margaret Wagner Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.benrose.org/web/guest/housing
Learn more at the official website: www.benrose.org/web/guest/housing
Mission Statement of Margaret Wagner Apartments Inc
Margaret Wagner Apartments Inc, as stated in its mission, is dedicated to providing low-income housing for elderly individuals. This commitment is carried out under the provisions of Section 202 of the U.S. Department of Housing and Urban Development (HUD). The organization has 24 rental units available for this purpose, aiming to offer supportive housing that caters to the needs of low-income older adults, who are 62 years of age and above, as per HUD guidelines. The apartments at Margaret Wagner Apartments Inc are subsidized under HUD's Section 202 Supportive Housing for the Elderly program, ensuring that elderly individuals with limited resources can secure a safe and comfortable living environment.
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Impact
October, 2024
Margaret Wagner Apartments Inc significantly contributes to the well-being of low-income elderly individuals by providing affordable housing options that promote independent living. With 24 rental units available, the facility adheres to HUD Section 202 provisions, ensuring that residents qualify as low-income under the program's guidelines.
By offering supportive housing for older adults aged 62 and older, Margaret Wagner Apartments enhance the quality of life for its residents, fostering a sense of community and security. The provision of subsidized housing allows seniors to live independently while still having access to needed resources and services.
Located in Cleveland Heights, Ohio, the apartments address a critical need for affordable housing for elderly individuals, enabling them to maintain their independence without the financial burden often associated with housing costs. Overall, Margaret Wagner Apartments Inc plays a vital role in supporting vulnerable populations, ensuring they have a safe and stable living environment.
This information is meant to be a general summary of Margaret Wagner 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $23
- Program Service Revenue: $290,482
- Gross Receipts: $292,010
Assets and Liabilities:
- Total Assets: $683,943
- Total Liabilities: $3,443,507
- Net Assets: -$2,759,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING RENTAL
Revenue
$290,482
Organization Details
Founding Year
2003
Phone
(216) 373-1602Principal Officer
Orion H Bell
Main Address
2375 EUCLID HEIGHTS BLVD, CLEVELAND HEIGHTS, OH, 44106
NTEE Category
Code: L21 - Housing
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