Overview
What is Galena Park Terrace?
Galena Park Terrace is a nonprofit organization situated in Peoria Heights, Illinois, specifically at 5533 N Galena Road, 61614. Its primary mission is to provide affordable housing solutions for the elderly and individuals with disabilities, ensuring they have a secure living environment. By adhering to this mission, Galena Park Terrace plays a vital role in enhancing the quality of life for its targeted demographic, offering them a safe and comfortable residential space within its community.
Is Galena Park Terrace legitimate?
Galena Park Terrace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galena Park Terrace 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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What is the mission statement of Galena Park Terrace?
Galena Park Terrace is an organization dedicated to serving the elderly and disabled community. Its primary mission is to provide affordable housing options for individuals who fall under these categories. The purpose of Galena Park Terrace is to offer a supportive living environment, ensuring that its residents have access to secure and reasonably priced accommodations. By offering low-rent housing, Galena Park Terrace aims to contribute to the overall well-being and comfort of its residents, enabling them to live with dignity and independence.
Who is the CEO of Galena Park Terrace?
William Wombacher is the Director of Galena Park Terrace.
What is the revenue of Galena Park Terrace?
Galena Park Terrace's revenue in 2022 was $12,802.
Who are the executives of Galena Park Terrace and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Galena Park Terrace?
Galena Park Terrace's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Galena Park Terrace
Galena Park Terrace, as a nonprofit organization, is dedicated to providing low-income housing for the elderly and disabled individuals. Its mission is rooted in the purpose of offering affordable living spaces to those who may face challenges in securing housing due to their age or disability status. By serving as a provider of such accommodations, Galena Park Terrace aims to contribute positively to the well-being of its residents, ensuring they have a secure and comfortable living environment.
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Impact
August, 2024
Galena Park Terrace's impact lies in its provision of low-rent housing for the elderly and disabled in Peoria Heights, IL. By offering affordable housing options for these vulnerable populations, Galena Park Terrace plays a crucial role in ensuring that older adults and individuals with disabilities have a safe and stable place to live. This organization directly addresses the pressing need for accessible housing options, contributing to the overall well-being and quality of life of its residents. Through its dedicated mission, Galena Park Terrace makes a tangible difference in the lives of those it serves, fostering a sense of security and support within the community.
This information is meant to be a general summary of Galena Park Terrace. 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: $12,802
- Gross Receipts: $12,802
Assets and Liabilities:
- Total Assets: $4,639,800
- Total Liabilities: $0
- Net Assets: $4,639,800
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Organization Details
Founding Year
1968
Phone
(309) 673-2252Principal Officer
William Wombacher
Main Address
5533 N GALENA ROAD, PEORIA HEIGHTS, IL, 61614
NTEE Category
Code: L22 - Housing
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