Overview
What is St Theresa Houseinc C/O Maloney Propertiesinc?
St. Theresa Houseinc, under the umbrella of Maloney Propertiesinc, is a nonprofit organization based in Wellesley, Massachusetts. Their primary mission is to provide affordable housing for qualified individuals, offering a helping hand through Section 8 rental assistance. This service aims to ensure that elderly people have access to suitable living facilities, thereby contributing positively to their well-being.
Is St Theresa Houseinc C/O Maloney Propertiesinc legitimate?
St Theresa Houseinc C/O Maloney Propertiesinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Theresa Houseinc C/O Maloney Propertiesinc 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: $77,402
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What is the mission statement of St Theresa Houseinc C/O Maloney Propertiesinc?
St. Theresa House, under the oversight of Maloney Properties, is committed to providing affordable housing to qualified individuals. They offer rental assistance under Section 8, a government program. Their primary mission is to ensure that elderly persons have access to suitable housing facilities and necessary services. This mission is instrumental in promoting a dignified living environment for those in need. The organization's initiatives aim to bridge the housing affordability gap, providing essential support to individuals who may otherwise struggle to secure adequate housing.
Who is the CEO of St Theresa Houseinc C/O Maloney Propertiesinc?
Edward T Calnan is the President & Director of St Theresa Houseinc C/O Maloney Propertiesinc.
What is the revenue of St Theresa Houseinc C/O Maloney Propertiesinc?
St Theresa Houseinc C/O Maloney Propertiesinc's revenue in 2022 was $302,347.
Who are the executives of St Theresa Houseinc C/O Maloney Propertiesinc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for St Theresa Houseinc C/O Maloney Propertiesinc?
St Theresa Houseinc C/O Maloney Propertiesinc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Theresa Houseinc C/O Maloney Propertiesinc
St. Theresa House Inc, under the guidance of Maloney Properties Inc, is committed to providing affordable housing solutions for qualified individuals. This mission is accomplished through the provision of rental assistance under Section 8. Beyond offering affordable housing, the organization also aims to cater to the needs of elderly persons, providing them with necessary facilities and services. By doing so, St. Theresa House Inc seeks to contribute to the well-being of its residents, ensuring they have a comfortable and secure living environment.
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Impact
October, 2024
St. Theresa Houseinc C/O Maloney Propertiesinc plays a significant role in enhancing the quality of life for elderly individuals in Wellesley, MA, by providing affordable housing options. By focusing on the needs of qualified persons, the organization makes it possible for low-income seniors to access safe and comfortable living spaces, which is crucial as they navigate the complexities of aging.
Through its rental assistance program under Section 8, St. Theresa House allows residents to manage their housing costs effectively, ensuring that they can allocate resources to other essential areas such as healthcare and daily living expenses. This support not only stabilizes their financial situation but also fosters a sense of community and dignity among residents.
The housing facilities and services offered contribute to improved mental and physical well-being for elderly individuals, as they have a stable environment that supports their independence. Consequently, St. Theresa House serves as a catalyst for senior citizens to lead fulfilling lives, promoting social interaction and providing a supportive network for those in need. Overall, its impact extends beyond housing by enriching the lives of its residents and positively influencing the community at large.
This information is meant to be a general summary of St Theresa Houseinc C/O Maloney Propertiesinc. 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: $57
- Program Service Revenue: $302,290
- Gross Receipts: $302,347
Assets and Liabilities:
- Total Assets: $3,040,462
- Total Liabilities: $5,284,338
- Net Assets: -$2,243,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$302,290
Organization Details
Founding Year
2003
Phone
(781) 943-0200Principal Officer
Edward T Calnan
Main Address
27 MICA LANE 301, WELLESLEY, MA, 024811707
NTEE Category
Code: L22 - Housing
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