Overview
What is Saint Mary's Housing Corporation?
Saint Mary's Housing Corporation, located at 5101 River Road 101, Bethesda, MD 20816, is a dedicated nonprofit organization. Their primary mission is to provide affordable housing and essential services to low- and moderate-income senior citizens. The organization manages Evergreen House, a residential complex with 246 units, specifically designed for this demographic. With a small workforce of one employee, Saint Mary's Housing Corporation demonstrates a strong commitment to supporting the needs of elderly individuals by providing them with a secure and affordable living environment.
Official website here: www.saintmaryshousing.org
Is Saint Mary's Housing Corporation legitimate?
Saint Mary's Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Saint Mary's Housing Corporation 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: $124,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $905,586
For more financial information, click here
Official website here: www.saintmaryshousing.org
What is the mission statement of Saint Mary's Housing Corporation?
Saint Mary's Housing Corporation is dedicated to providing affordable housing and essential services for senior citizens with low to moderate incomes. This organization strives to create an environment that caters to the needs of this demographic, ensuring they can live comfortably and with dignity. One of their notable projects is Evergreen House, offering 246 rental apartments specifically designed for very low-income senior citizens. The mission of Saint Mary's Housing Corporation is to contribute to the well-being and quality of life of its senior residents, providing them with a secure and affordable living space.
Official website here: www.saintmaryshousing.org
Who is the CEO of Saint Mary's Housing Corporation?
Kevin White is the Vice President of Saint Mary's Housing Corporation.
Official website here: www.saintmaryshousing.org
What is the revenue of Saint Mary's Housing Corporation?
Saint Mary's Housing Corporation's revenue in 2022 was $5,350,733.
Official website here: www.saintmaryshousing.org
Who are the executives of Saint Mary's Housing Corporation and what are their salaries?
The average compensation at Saint Mary's Housing Corporation during 2022 was $1,030,386. There is 1 employee and 8 volunteers at Saint Mary's Housing Corporation.
Here are 9 key members and their salaries:
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- Compensation: $124,800
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Official website here: www.saintmaryshousing.org
Where can I find the form 990 for Saint Mary's Housing Corporation?
Saint Mary's Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.saintmaryshousing.org
Learn more at the official website: www.saintmaryshousing.org
Mission Statement of Saint Mary's Housing Corporation
Saint Mary's Housing Corporation is dedicated to providing affordable housing and essential services for low- and moderate-income senior citizens. Their mission is centered around creating an environment that caters to the needs of this group, ensuring they can live comfortably and with dignity. One of their notable initiatives is the Evergreen House, a complex offering 246 rental apartments specifically designed for very low-income senior citizens. This housing solution not only provides a roof over their heads but also contributes to a sense of community among its residents. By focusing on affordable housing, Saint Mary's Housing Corporation is committed to making a significant impact on the lives of senior citizens, enabling them to maintain their independence and well-being.
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Impact
October, 2024
Saint Mary's Housing Corporation significantly enhances the quality of life for low- and moderate-income senior citizens by providing affordable housing and essential services. Its flagship project, Evergreen House, offers 246 rental apartments specifically designed for very low-income seniors in Bethesda, MD. This initiative not only meets a critical need for accessible housing but also fosters a supportive community environment. By prioritizing the wellbeing of elderly residents, Saint Mary's Housing Corporation plays a vital role in ensuring that seniors can live with dignity and security, enabling them to thrive in their later years.
This information is meant to be a general summary of Saint Mary's Housing Corporation. 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: -$900,649
- Program Service Revenue: $6,251,382
- Gross Receipts: $17,334,229
Assets and Liabilities:
- Total Assets: $50,011,160
- Total Liabilities: $334,210
- Net Assets: $49,676,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$3,380,696
PROGRAM SERVICES RENTS
Revenue
$2,461,013
INTEREST INCOME- NOTES RECEIVABLE
Revenue
$380,004
LAUNDRY
Revenue
$18,665
OTHER REVENUE
Revenue
$11,004
Organization Details
Founding Year
1976
Phone
(301) 941-8040Principal Officer
Kevin White
Main Address
5101 RIVER ROAD 101, BETHESDA, MD, 20816
Website
www.saintmaryshousing.orgNTEE Category
Code: L22 - Housing
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