Overview
What is Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place)?
Lutheran Nonprofit Housing Corporation's Ann Arbor branch, known as Sequoia Place, is a dedicated nonprofit organization. Located in Detroit, Michigan, this entity specializes in offering housing facilities and tailored services for elderly and handicapped individuals. The organization's mission is to enhance their physical, social, and psychological well-being, promoting happiness and usefulness through longer living. The services are provided in a 55-unit apartment complex, which is subsidized by HUD, ensuring affordable housing options for those in need. The project operates on a break-even basis, ensuring both the sustainability of the organization and the accessibility of its services.
Official website here: www.samaritas.org
Is Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place) legitimate?
Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place) 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: $118,952
For more financial information, click here
Official website here: www.samaritas.org
What is the mission statement of Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place)?
The Lutheran Nonprofit Housing Corporation operates a 55-unit apartment complex, primarily catering to elderly and handicapped individuals. This organization provides housing facilities and services specifically designed to meet the unique needs of these individuals, ensuring their physical, social, and psychological well-being. By offering these accommodations on a break-even basis, the corporation aims to promote health, security, happiness, and usefulness among its residents, enabling them to live longer and more fulfilling lives.
Official website here: www.samaritas.org
Who is the CEO of Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place)?
Deborah Weber is the Director of Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place).
Official website here: www.samaritas.org
What is the revenue of Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place)?
Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place)'s revenue in 2023 was $444,428.
Official website here: www.samaritas.org
Who are the executives of Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place) and what are their salaries?
There 10 volunteers at Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place).
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Official website here: www.samaritas.org
Where can I find the form 990 for Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place)?
Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.samaritas.org
Learn more at the official website: www.samaritas.org
Mission Statement of Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place)
Lutheran Nonprofit Housing Corporation - Ann Arbor, commonly known as Sequoia Place, is dedicated to providing specialized housing facilities and services for elderly and handicapped individuals. The organization operates a 55-unit apartment complex, subsidized by HUD, which offers housing solutions tailored to meet the unique needs of these individuals. The aim is to promote their physical, social, and psychological well-being, ensuring they live in a secure and happy environment. The charges for these facilities and services are based on a break-even basis, ensuring the project remains financially sustainable. In essence, Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place) strives to enhance the quality of life for elderly and handicapped individuals by offering them housing facilities and services designed to cater to their specific needs.
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Impact
October, 2024
Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place) significantly impacts the lives of elderly and handicapped individuals by providing essential housing and tailored services. The 55-unit apartment complex offers a supportive living environment designed to meet the unique physical, social, and psychological needs of its residents. By prioritizing health, security, happiness, and a sense of usefulness, Sequoia Place enhances the quality of life for its residents, allowing them to live more independently and comfortably.
The organization ensures that the costs of living in these facilities are set at a breakeven rate, making it accessible for those in need. The provision of specialized services not only promotes longer living but also fosters a community where residents can thrive socially and emotionally. Through its commitment to this vulnerable population, Sequoia Place plays a crucial role in addressing housing and support needs, ultimately contributing to a healthier and more fulfilling life for its residents in Detroit, MI.
This information is meant to be a general summary of Lutheran Nonprofit Housing Corporation - Ann Arbor (Sequoia Place). 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: $1,701
- Program Service Revenue: $439,125
- Gross Receipts: $444,428
Assets and Liabilities:
- Total Assets: $2,082,184
- Total Liabilities: $4,294,075
- Net Assets: -$2,211,891
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$434,253
LAUNDRY AND VENDING
Revenue
$4,021
FORFEITED SECURITY DEP
Revenue
$851
Organization Details
Founding Year
1993
Phone
(313) 823-7700Principal Officer
Deborah Weber
Main Address
8131 E JEFFERSON, DETROIT, MI, 48214
Website
www.samaritas.orgNTEE Category
Code: L22 - Housing
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