Overview
What is Norway Area Non-Profit Housing Association?
The Norway Area Non-Profit Housing Association is a charitable organization that focuses on providing residential accommodations for elderly individuals. It generates income primarily through rent payments and subsidies granted to eligible tenants, which are then utilized for the upkeep of the apartment complex. During the recent year, the association successfully housed 23 individuals, who resided in 20 units throughout the period. The organization's mission is dedicated to offering a secure living environment for the elderly population in the region.
Is Norway Area Non-Profit Housing Association legitimate?
Norway Area Non-Profit Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norway Area Non-Profit Housing Association submitted a form 990EZ, 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.
What is the mission statement of Norway Area Non-Profit Housing Association?
The Norway Area Non-Profit Housing Association is dedicated to providing housing solutions for elderly individuals. It secures funding primarily through rent payments and subsidies for eligible tenants. The revenues collected are utilized to maintain the apartment complex. In the recent year, the association successfully accommodated 23 individuals across 20 units.
Who is the CEO of Norway Area Non-Profit Housing Association?
Terry Spence is the President of Norway Area Non-Profit Housing Association.
What is the revenue of Norway Area Non-Profit Housing Association?
Norway Area Non-Profit Housing Association's revenue in 2022 was $166,514.
Who are the executives of Norway Area Non-Profit Housing Association and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Norway Area Non-Profit Housing Association?
Norway Area Non-Profit Housing Association's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Norway Area Non-Profit Housing Association
Norway Area Non-Profit Housing Association is committed to providing residential accommodations for the elderly. Its primary source of income comes from rent collections and subsidies granted to eligible residents, which are then utilized to maintain the apartment complex. Throughout the current year, this organization has successfully housed 23 individuals across 20 units. In essence, Norway Area Non-Profit Housing Association serves as a vital shelter for the elderly, offering them a secure living environment while ensuring the upkeep of its facilities through financial contributions.
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Impact
October, 2024
The Norway Area Non-Profit Housing Association plays a crucial role in supporting the elderly population in Escanaba, MI, by providing stable and safe housing options. By offering 20 units, it successfully housed 23 individuals over the past year, ensuring that older residents have a secure environment to live in. This organization focuses on enhancing the quality of life for its tenants, allowing them to maintain their independence while having access to essential services.
Through a combination of rent collection and subsidies for qualified tenants, the association effectively manages resources to sustain and maintain the apartment complex. This impact not only creates affordable housing but also fosters a sense of community among residents, contributing to their overall well-being. By fulfilling this vital need for housing, the association helps to alleviate the challenges faced by elderly individuals, promoting a supportive and caring living environment.
This information is meant to be a general summary of Norway Area Non-Profit Housing Association. 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: $45
- Program Service Revenue: $76,266
- Gross Receipts: $166,514
Assets and Liabilities:
- Total Assets: $428,698
- Total Liabilities: $655,947
- Net Assets: -$227,249
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Organization Details
Phone
(906) 786-4701Principal Officer
Terry Spence
Main Address
C/O UPCAP SERVICES INC PO BOX 606, ESCANABA, MI, 49829
NTEE Category
Code: L20 - Housing
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