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Atwood Elder Housing Inc

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

EIN: 412277836 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Atwood Elder Housing Inc?

Atwood Elder Housing Inc, a nonprofit organization based in Worcester, Massachusetts, aims to address the housing needs of the elderly population in Townsend, Massachusetts. Their mission is to acquire, construct, and operate 36 units of affordable housing specifically designed for elderly individuals. This initiative is a part of their commitment to providing residential accommodations that are within their residents' financial means, thereby ensuring that the elderly population in Townsend can enjoy a comfortable living environment.

Is Atwood Elder Housing Inc legitimate?

Atwood Elder Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atwood Elder 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: $0

For more financial information, click here

What is the mission statement of Atwood Elder Housing Inc?

Atwood Elder Housing Inc's mission is centered around providing affordable residential housing for elderly individuals. This mission is carried out through various activities, including acquiring, constructing, and operating low-income housing units specifically designed for the elderly. The primary goal is to ensure that elderly people have access to suitable housing, thereby enhancing their quality of life. The organization's efforts are not limited to housing alone; it also strives to create a supportive living environment for the elderly, thereby contributing to their overall well-being.

Who is the CEO of Atwood Elder Housing Inc?

Brian Scales is the Director of Atwood Elder Housing Inc.

What is the revenue of Atwood Elder Housing Inc?

Atwood Elder Housing Inc's revenue in 2022 was $384,119.

Who are the executives of Atwood Elder Housing Inc and what are their salaries?


Here are 4 key members and their salaries:


Anne Stevens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Koller (President/Treasurer (Until 6/22))
  • Compensation: $0
  • Related: $288,400
  • Other: $15,221
Brian Scales (President/Treasurer (As Of 6/22))
  • Compensation: $0
  • Related: $157,644
  • Other: $9,178
Deborah A Foley (Clerk/Resident Agent)
  • Compensation: $0
  • Related: $73,027
  • Other: $4,318
Where can I find the form 990 for Atwood Elder Housing Inc?

Atwood Elder Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Atwood Elder Housing Inc

Atwood Elder Housing Inc, a dedicated nonprofit organization, is committed to providing an essential service. Its mission is centered around offering affordable residential housing options for the elderly population. This mission extends beyond just providing residences; Atwood Elder Housing Inc strives to create a community where elderly individuals can reside comfortably and securely. The organization works towards acquiring, constructing, and operating low-income housing units specifically designed for the elderly. This commitment to affordable housing is a testament to Atwood Elder Housing Inc's dedication to ensuring that elderly individuals have access to suitable living arrangements, regardless of their financial circumstances.

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Impact




October, 2024

Atwood Elder Housing Inc significantly impacts the community by providing affordable residential housing for elderly individuals in Townsend, Massachusetts. By acquiring, constructing, and operating 36 low-income housing units, the organization addresses a vital need for affordable living options for seniors. This initiative not only enhances the quality of life for elderly residents but also contributes to the overall stability of the community. Accessible housing options can reduce the risk of homelessness among seniors and foster a sense of belonging, allowing residents to remain in their community and maintain social connections. Additionally, by prioritizing low-income housing, Atwood Elder Housing Inc indirectly supports crime reduction by creating a more stable environment for seniors who may otherwise face financial hardship. Through its commitment to affordable housing, the organization plays a crucial role in enhancing the well-being of elderly residents and promoting community cohesion in Townsend.




This information is meant to be a general summary of Atwood Elder 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
$384,119 (2022)
Expenses
$554,686 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $80
  • Program Service Revenue: $166,417
  • Gross Receipts: $384,119

Assets and Liabilities:

  • Total Assets: $4,876,852
  • Total Liabilities: $1,065,523
  • Net Assets: $3,811,329

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Programs

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

RENTAL INCOME

Revenue

$166,417

Organization Details

Founding Year

2008

Principal Officer

Brian Scales

Main Address

191 MAY STREET, WORCESTER, MA, 01602

NTEE Category

Code: I21 - Crime

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