Second Saint Mary's Housing Corporation

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

EIN: 510220688 ✦ Bethesda, MD ✦ Designated as a 501(c)(4)

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Overview

What is Second Saint Mary's Housing Corporation?

Second Saint Mary's Housing Corporation is a dedicated nonprofit organization based in Bethesda, Maryland. Its mission is centered around providing affordable housing for low-income senior citizens. This is achieved through the management of 129 rental apartments specifically designed for this demographic. The corporation's activities are rooted in the acquisition and maintenance of these housing units, ensuring that elderly individuals in need of affordable housing have a safe and suitable living environment.

Is Second Saint Mary's Housing Corporation legitimate?

Second Saint Mary's Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Second 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $424,948

For more financial information, click here

What is the mission statement of Second Saint Mary's Housing Corporation?

The Second Saint Mary's Housing Corporation's mission is centered around acquiring and maintaining affordable housing for low-income elderly individuals. Specifically, they provide 129 rental apartments catering to this demographic. Their primary objective is to ensure that senior citizens with limited income have access to suitable housing.

Who is the CEO of Second Saint Mary's Housing Corporation?

Kevin White is the Secretary of Second Saint Mary's Housing Corporation.

What is the revenue of Second Saint Mary's Housing Corporation?

Second Saint Mary's Housing Corporation's revenue in 2022 was $1,550,300.

Who are the executives of Second Saint Mary's Housing Corporation and what are their salaries?

There 8 volunteers at Second Saint Mary's Housing Corporation.


Here are 8 key members and their salaries:


Brant Baber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Father Daniel Spychala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin White (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Kline (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Font (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Father Richard Guest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lennon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Second Saint Mary's Housing Corporation?

Second Saint Mary's Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Second Saint Mary's Housing Corporation

Second Saint Mary's Housing Corporation is dedicated to providing affordable housing for low-income elderly individuals. With a mission to acquire and maintain such housing, this organization ensures that senior citizens in need have a safe and suitable living environment. Their primary focus is on offering 129 rental apartments, specifically designed for this demographic. By doing so, Second Saint Mary's Housing Corporation plays a crucial role in addressing the housing needs of the elderly population with limited financial means.

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Impact




October, 2024

Second Saint Mary's Housing Corporation significantly impacts the community by providing 129 rental apartments specifically designed for very low-income senior citizens in Bethesda, MD. This initiative addresses the critical need for affordable housing options for elderly individuals who often face financial constraints. By acquiring and maintaining these housing units, the organization ensures that seniors have access to stable, safe, and suitable living conditions, thereby enhancing their quality of life. This support not only fosters a sense of community but also allows seniors to age in place with dignity, contributing positively to their overall well-being and social connectedness.




This information is meant to be a general summary of Second 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.

Revenue
$1,550,300 (2022)
Expenses
$1,451,773 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $127
  • Program Service Revenue: $1,550,173
  • Gross Receipts: $1,550,300

Assets and Liabilities:

  • Total Assets: $3,363,030
  • Total Liabilities: $3,334,176
  • Net Assets: $28,854

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$1,053,675

RENTAL INCOME

Revenue

$487,504

LAUNDRY & VENDING

Revenue

$6,071

OTHER REVENUE

Revenue

$2,895

TENANT CHARGES

Revenue

$28

Organization Details

Founding Year

1978

Principal Officer

Kevin White

Main Address

5101 RIVER ROAD 101, BETHESDA, MD, 20816

NTEE Category

Code: L21 - Housing

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