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White Bear Lake Senior Housing Inc

Willow Wood Apartments

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411824727 ✦ Shoreview, MN ✦ Designated as a 501(c)(3)

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Overview

What is White Bear Lake Senior Housing Inc?

White Bear Lake Senior Housing Inc., known as Willow Wood Apartments, is a nonprofit organization situated in Shoreview, Minnesota. Their primary mission is to provide affordable housing for the elderly, operating a 46-unit apartment complex funded by the HUD. In 2022, they maintained an impressive occupancy rate of 96.8%. The organization's objective is to ensure that senior citizens with limited income have access to suitable living accommodations. Their apartment complex in White Bear Lake, Minnesota, serves as a home for many elderly individuals, providing them with a secure and comfortable environment.


Official website here: www.ecumen.org

Is White Bear Lake Senior Housing Inc legitimate?

White Bear Lake Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Bear Lake Senior Housing 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: $70,259

For more financial information, click here


Official website here: www.ecumen.org

What is the mission statement of White Bear Lake Senior Housing Inc?

White Bear Lake Senior Housing Inc, operating under the name Willow Wood Apartments, is dedicated to providing affordable housing for the elderly. They accomplish this through a 46-unit apartment complex that is sponsored by the HUD. The organization's primary goal is to ensure that elderly individuals with low income have a place to call home. In 2022, the occupancy rate of the complex was a high 96.8%.


Official website here: www.ecumen.org

Who is the CEO of White Bear Lake Senior Housing Inc?

Shelley Kendrick is the President & Ceo of White Bear Lake Senior Housing Inc. The CEO's salary of White Bear Lake Senior Housing Inc is $0 and their total compensation is $441,022.


Official website here: www.ecumen.org

What is the revenue of White Bear Lake Senior Housing Inc?

White Bear Lake Senior Housing Inc's revenue in 2022 was $333,510.


Official website here: www.ecumen.org

Who are the executives of White Bear Lake Senior Housing Inc and what are their salaries?


Here are 6 key members and their salaries (White Bear Lake Senior Housing Inc's CEO's salary is $0 and their total compensation is $441,022):


Shelley Kendrick (President & Ceo)
  • Compensation: $0
  • Related: $404,808
  • Other: $36,214
Morshed Alam (Cfo, Secretary/Treasurer To 8/2022)
  • Compensation: $0
  • Related: $287,455
  • Other: $35,344
Bret Anderson (Vice President)
  • Compensation: $0
  • Related: $247,790
  • Other: $42,659
Scott Bjerketvedt (Svp, Chief Financial Officer)
  • Compensation: $0
  • Related: $214,919
  • Other: $45,266
Mellanie Sullivan (Sr Vp And Chief People Officer)
  • Compensation: $0
  • Related: $286,762
  • Other: $15,004
Emily Sommer (Assistant Secretary)
  • Compensation: $0
  • Related: $69,507
  • Other: $4,378


Official website here: www.ecumen.org

Where can I find the form 990 for White Bear Lake Senior Housing Inc?

White Bear Lake Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ecumen.org

Learn more at the official website: www.ecumen.org

Mission Statement of White Bear Lake Senior Housing Inc

White Bear Lake Senior Housing Inc, operating under the name Willow Wood Apartments, is dedicated to providing affordable housing for the elderly community. This nonprofit organization, through a HUD-sponsored apartment complex, offers 46 units as a sanctuary for senior citizens in need of low-income housing. In 2022, the organization managed an impressive occupancy rate of 96.8%, demonstrating its commitment to meeting the needs of its residents. By offering a secure and comfortable living environment, White Bear Lake Senior Housing Inc aims to contribute to the well-being and independence of its elderly residents.

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Impact




October, 2024

White Bear Lake Senior Housing Inc has a significant impact on the community by providing quality, low-income housing for the elderly through its Willow Wood Apartments. Located in White Bear Lake, Minnesota, the 46-unit HUD-sponsored complex plays a critical role in ensuring that older adults have access to safe and affordable living arrangements. With a high occupancy rate of 96.8% in 2022, it is evident that there is a strong demand for the services offered, reflecting the organization's effectiveness in addressing the housing needs of seniors in the area.

Beyond mere shelter, the complex fosters a sense of community among residents, allowing them to engage socially and support one another in a conducive environment. By alleviating the financial burden of housing costs for low-income seniors, White Bear Lake Senior Housing Inc enhances their quality of life, promotes independence, and contributes positively to their overall well-being. In doing so, the organization not only benefits its residents but also strengthens the fabric of the local community.




This information is meant to be a general summary of White Bear Lake Senior Housing 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.

Revenue
$333,510 (2022)
Expenses
$420,960 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $702
  • Program Service Revenue: $324,849
  • Gross Receipts: $333,510

Assets and Liabilities:

  • Total Assets: $1,272,553
  • Total Liabilities: $3,232,288
  • Net Assets: -$1,959,735

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT REVENUE

Revenue

$324,683

TENANT CHARGES

Revenue

$166

Organization Details

Founding Year

1995

Principal Officer

Shelley Kendrick

Main Address

3530 LEXINGTON AVENUE NORTH, SHOREVIEW, MN, 55126

NTEE Category

Code: T70 - Philanthropy

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