Overview
What is Woods Senior Living Center Inc?
Woods Senior Living Center Inc is a not-for-profit organization established in accordance with Indiana's not-for-profit laws. Their primary objective is to develop, maintain, and manage an affordable housing apartment community, specifically a 50-unit complex in Indianapolis, Indiana. This initiative aligns with Section 202 of the National Affordable Housing Act. The project is spearheaded by two sponsors: Fay Biccard Glick Neighborhood Center and Light of the World Church. The organization's mission is to provide affordable housing solutions, contributing to the local Indianapolis community.
Is Woods Senior Living Center Inc legitimate?
Woods Senior Living Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woods Senior Living Center 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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What is the mission statement of Woods Senior Living Center Inc?
Woods Senior Living Center Inc., as a not-for-profit organization, was established with the primary goal of constructing, owning, and operating an affordable housing apartment community. This initiative aims to provide affordable living spaces for individuals in need, contributing to a more inclusive and equitable housing market. The corporation operates under the National Affordable Housing Act, ensuring its mission aligns with the provision of affordable housing solutions. The sponsors of this project include Fay Biccard Glick Neighborhood Center and Light of the World Church, both of which share a commitment to affordable housing and community development.
Who is the CEO of Woods Senior Living Center Inc?
Eric Mullin is the Treasurer of Woods Senior Living Center Inc.
What is the revenue of Woods Senior Living Center Inc?
Woods Senior Living Center Inc's revenue in 2022 was $409,533.
Who are the executives of Woods Senior Living Center Inc and what are their salaries?
There 2 volunteers at Woods Senior Living Center Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Woods Senior Living Center Inc?
Woods Senior Living Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Woods Senior Living Center Inc
Woods Senior Living Center Inc, a not-for-profit corporation, was established with a clear mission. The organization was organized with the primary objective of constructing, owning, and operating an affordable housing apartment community. This mission is in line with Section 202 of the National Affordable Housing Act, aiming to provide affordable housing options for its residents. The sponsors behind this initiative include Fay Biccard Glick Neighborhood Center and Light of the World Church, demonstrating a collective commitment to addressing housing needs within the community.
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Impact
October, 2024
Woods Senior Living Center Inc has a significant impact on the Indianapolis community by providing accessible and affordable housing options for seniors. By constructing and operating a 50-unit apartment community specifically designed for older adults, the center addresses the critical need for safe, affordable living spaces within the area. This initiative not only enhances the availability of housing but also fosters a supportive environment for senior residents.
The collaboration with local organizations, such as the Fay Biccard Glick Neighborhood Center and Light of the World Church, strengthens community ties and allows for a holistic approach to senior care and support. Through its mission, Woods Senior Living Center Inc contributes to improving the quality of life for seniors, offering them a stable home where they can engage with peers and access resources that support their well-being. Overall, the center plays a crucial role in promoting inclusive and affordable housing for elderly individuals in Indianapolis.
This information is meant to be a general summary of Woods Senior Living Center 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 2022.
- Investment Income: $4
- Program Service Revenue: $406,288
- Gross Receipts: $409,533
Assets and Liabilities:
- Total Assets: $5,033,229
- Total Liabilities: $268,888
- Net Assets: $4,764,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE
Revenue
$215,256
RENTAL INCOME
Revenue
$191,032
Organization Details
Founding Year
2012
Phone
(317) 293-2600Principal Officer
Eric Mullin
Main Address
2990 W 71ST STREET, INDIANAPOLIS, IN, 46268
NTEE Category
Code: L20 - Housing
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