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Asbury Dwellings Inc

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

EIN: 521190661 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Asbury Dwellings Inc?

Asbury Dwellings Inc, situated in Washington, D.C., serves as a nonprofit organization dedicated to providing subsidized housing for the elderly and individuals with disabilities. This mission is at the heart of their activities, aiming to create a living environment that is both supportive and accommodating for these two distinct groups of people. By offering subsidized housing, Asbury Dwellings Inc helps ensure that these individuals have access to safe and affordable living spaces, thereby contributing positively to their overall well-being.

Is Asbury Dwellings Inc legitimate?

Asbury Dwellings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury Dwellings 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: $338,658

For more financial information, click here

What is the mission statement of Asbury Dwellings Inc?

Asbury Dwellings Inc, as a mission, is committed to providing subsidized housing for elderly individuals and those with disabilities. This organization's primary objective is to ensure that these groups have access to affordable housing, thereby improving their quality of life. They strive to create an inclusive living environment where everyone can reside with dignity and independence. The organization's activities revolve around procuring and managing subsidized housing units, thus providing a safer and more comfortable living space for its residents.

Who is the CEO of Asbury Dwellings Inc?

Steve Yearwood is the President of Asbury Dwellings Inc.

What is the revenue of Asbury Dwellings Inc?

Asbury Dwellings Inc's revenue in 2022 was $3,370,378.

Who are the executives of Asbury Dwellings Inc and what are their salaries?


Here are 11 key members and their salaries:


Audrey Drake (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel J Boyd Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline T Richardson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Yearwood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Thompson Mallet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr James Shopshire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Braxton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lynette Fortenberry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Beasley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Robinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Lanther Mills (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Asbury Dwellings Inc?

Asbury Dwellings Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Asbury Dwellings Inc

Asbury Dwellings Inc, a nonprofit organization, is committed to providing subsidized housing for elderly individuals and those with disabilities. Their mission is centered around ensuring that these vulnerable populations have access to suitable living accommodations. By offering subsidized housing, Asbury Dwellings Inc aims to alleviate the financial burden associated with housing, enabling these individuals to focus on their well-being and quality of life. The organization's work is crucial in providing a safe and secure living environment for the elderly and those with disabilities, fostering their independence and dignity.

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Impact




October, 2024

Asbury Dwellings Inc significantly impacts the Washington, DC community by providing subsidized housing for elderly individuals and citizens with disabilities. This initiative addresses the pressing need for affordable housing options, ensuring that vulnerable populations have access to safe, stable living environments. By facilitating affordable housing, Asbury Dwellings Inc enhances the quality of life for its residents, promoting independence and dignity among those who may face financial barriers. The organization plays a crucial role in fostering an inclusive community, allowing elderly individuals and citizens with disabilities to thrive in a supportive environment tailored to their needs.




This information is meant to be a general summary of Asbury Dwellings 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
$3,370,378 (2022)
Expenses
$3,016,081 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,894
  • Program Service Revenue: $657,587
  • Gross Receipts: $3,370,378

Assets and Liabilities:

  • Total Assets: $7,194,239
  • Total Liabilities: $7,251,256
  • Net Assets: -$57,017

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Programs

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

RENTAL INCOME

Revenue

$657,587

Organization Details

Founding Year

1978

Principal Officer

Steve Yearwood

Main Address

1616 MARION STREET NW, WASHINGTON, DC, 20001

NTEE Category

Code: L21Z - Housing

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