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New Richmond Senior Housing Inc

Boardman Meadows

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

EIN: 411974837 ✦ Shoreview, MN ✦ Designated as a 501(c)(3)

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Overview

What is New Richmond Senior Housing Inc?

New Richmond Senior Housing Inc, doing business as Boardman Meadows, is a nonprofit organization based in New Richmond, Wisconsin. Their primary mission is to provide affordable housing for the elderly and disabled, achieving this through a HUD-sponsored program. In 2022, they managed an occupancy rate of 97.8% in their 36-unit apartment complex. They are committed to supporting this vulnerable population by offering them a safe and comfortable living space.


Official website here: www.ecumen.org

Is New Richmond Senior Housing Inc legitimate?

New Richmond Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Richmond 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: $48,835

For more financial information, click here


Official website here: www.ecumen.org

What is the mission statement of New Richmond Senior Housing Inc?

New Richmond Senior Housing Inc, as an organization, is committed to providing low-income housing for the elderly and disabled individuals. They accomplish this goal through a HUD-sponsored program. This housing is provided through a 36-unit apartment complex, which they manage. In 2022, New Richmond Senior Housing Inc had an occupancy rate of 97.8%, indicating a high demand for their services. The organization's mission is to provide a safe and affordable living environment for those in need, supporting their overall well-being.


Official website here: www.ecumen.org

Who is the CEO of New Richmond Senior Housing Inc?

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


Official website here: www.ecumen.org

What is the revenue of New Richmond Senior Housing Inc?

New Richmond Senior Housing Inc's revenue in 2022 was $243,666.


Official website here: www.ecumen.org

Who are the executives of New Richmond Senior Housing Inc and what are their salaries?


Here are 6 key members and their salaries (New Richmond 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 New Richmond Senior Housing Inc?

New Richmond 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 New Richmond Senior Housing Inc

New Richmond Senior Housing Inc, operating under the name Boardman Meadows, is committed to providing low-income housing for the elderly and disabled. This mission is achieved through a HUD-sponsored program, which includes a 36-unit apartment complex located in New Richmond, Wisconsin. In 2022, the organization demonstrated a high level of effectiveness with an occupancy rate of 97.8%.

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Impact




October, 2024

New Richmond Senior Housing Inc plays a vital role in enhancing the quality of life for the elderly and disabled by providing affordable housing through a HUD-sponsored program. Located in New Richmond, Wisconsin, the organization operates a 36-unit apartment complex known as Boardman Meadows, which successfully maintained a high occupancy rate of 97.8% in 2022.

This initiative not only addresses the pressing need for low-income housing but also fosters a sense of community and support among residents. By offering accessible living options, New Richmond Senior Housing Inc helps alleviate the financial burdens often faced by vulnerable populations, ensuring they have a safe and comfortable environment to call home. The impact extends beyond just housing; it supports the well-being and independence of its residents, contributing positively to the overall fabric of the community.




This information is meant to be a general summary of New Richmond 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
$243,666 (2022)
Expenses
$316,417 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $253
  • Program Service Revenue: $240,010
  • Gross Receipts: $243,666

Assets and Liabilities:

  • Total Assets: $1,650,173
  • Total Liabilities: $2,709,059
  • Net Assets: -$1,058,886

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Programs

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

RENT REVENUE

Revenue

$239,394

TENANT CHARGES

Revenue

$616

Organization Details

Founding Year

2000

Principal Officer

Shelley Kendrick

Main Address

3530 LEXINGTON AVENUE NORTH, SHOREVIEW, MN, 55126

NTEE Category

Code: L22 - Housing

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