Overview
What is Hadley Terrace Inc?
Hadley Terrace Inc is a nonprofit corporation based in Milwaukee, Wisconsin, with a primary focus on providing affordable housing for low-income elderly individuals. The organization operates an apartment project consisting of 60 units, which are regulated by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. The mission at Hadley Terrace is to cater to the physical, social, and psychological needs of elderly residents, promoting their health, security, happiness, and overall well-being in their later years. The corporation operates under Section 8 of HUD regulations, ensuring that eligible residents receive appropriate housing assistance.
Official website here: www.hadleyterrace.org
Is Hadley Terrace Inc legitimate?
Hadley Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hadley Terrace 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: $0
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Official website here: www.hadleyterrace.org
What is the mission statement of Hadley Terrace Inc?
Hadley Terrace Inc, as a nonprofit organization, is committed to providing housing facilities and services specifically tailored to meet the physical, social, and psychological needs of elderly individuals. The mission of Hadley Terrace is to promote the health, security, happiness, and usefulness of these elderly residents in their pursuit of longer living. By operating an apartment project with 60 units, Hadley Terrace caters to low-income elderly persons, ensuring they have a secure and suitable living environment. The organization adheres to Section 202 of the National Housing Act, with its operations regulated by the U.S. Department of Housing and Urban Development in regards to rental charges and operating methods. Additionally, all units at Hadley Terrace comply with Section 8 of the HUD regulations.
Official website here: www.hadleyterrace.org
What is the revenue of Hadley Terrace Inc?
Hadley Terrace Inc's revenue in 2024 was $740,527.
Official website here: www.hadleyterrace.org
Who are the executives of Hadley Terrace Inc and what are their salaries?
There 10 volunteers at Hadley Terrace Inc.
Here are 5 key members and their salaries:
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Official website here: www.hadleyterrace.org
Where can I find the form 990 for Hadley Terrace Inc?
Hadley Terrace Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hadleyterrace.org
Learn more at the official website: www.hadleyterrace.org
Mission Statement of Hadley Terrace Inc
Hadley Terrace Inc, a nonprofit organization, is dedicated to providing housing facilities and services specifically designed to cater to the physical, social, and psychological needs of the elderly. Their mission is to promote the health, security, happiness, and usefulness of elderly individuals, enabling them to live longer, fulfilling lives. The corporation operates an apartment project, housing 60 low-income elderly persons, and is regulated by the U.S. Department of Housing and Urban Development with regard to rental charges and operating methods, adhering to Section 8 of the HUD regulations.
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Impact
October, 2024
Hadley Terrace Inc plays a crucial role in enhancing the quality of life for low-income elderly individuals in Milwaukee, WI. By providing affordable housing through its 60-apartment complex, Hadley Terrace ensures that seniors have access to safe and stable living conditions that cater to their specific needs. The organization operates under guidelines that prioritize not only affordability but also the development of a supportive community where residents can thrive.
The mission centers on addressing the physical, social, and psychological needs of elderly residents, thus promoting their overall health and well-being. By offering accommodations that consider the unique challenges faced by seniors, Hadley Terrace helps foster a sense of security and happiness. The combination of affordable housing and specialized services contributes significantly to the empowerment and dignity of elderly individuals, allowing them to lead more fulfilling lives within a community that values their presence and contributions.
This information is meant to be a general summary of Hadley Terrace 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 2024.
- Investment Income: $44
- Program Service Revenue: $250,288
- Gross Receipts: $740,527
Assets and Liabilities:
- Total Assets: $1,687,459
- Total Liabilities: $79,855
- Net Assets: $1,607,604
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT REVENUE
Revenue
$250,288
Organization Details
Founding Year
1994
Principal Officer
Bill Bode
Website
www.hadleyterrace.orgNTEE Category
Code: L22 - Housing
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