Cecelia Housing Inc

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

EIN: 521214517 ✦ Bethesda, MD ✦ Designated as a 501(c)(4)

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Overview

What is Cecelia Housing Inc?

Cecelia Housing Inc, situated in Bethesda, Maryland, is a dedicated nonprofit organization specializing in real estate development. Their mission is to cater to the housing needs of low and moderate-income individuals, achieving this through the acquisition and development of multifamily housing projects. To date, they have successfully completed two such projects, each comprising 132 units, demonstrating their commitment to providing affordable housing solutions in the community.

Is Cecelia Housing Inc legitimate?

Cecelia Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cecelia Housing Inc submitted a form 990EZ, 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.

What is the mission statement of Cecelia Housing Inc?

Cecelia Housing Inc. is dedicated to providing real estate development services for individuals with moderate and low income levels. Their mission is primarily focused on the acquisition and development of multifamily housing projects. As of now, they have successfully completed two such projects, each consisting of 132 units, in Bethesda, MD. This organization's primary goal is to contribute to the housing needs of this income demographic, thereby enhancing their living standards.

Who is the CEO of Cecelia Housing Inc?

Kevin White is the President of Cecelia Housing Inc.

What is the revenue of Cecelia Housing Inc?

Cecelia Housing Inc's revenue in 2022 was $3,785.

Who are the executives of Cecelia Housing Inc and what are their salaries?


Here are 3 key members and their salaries:


Kevin White (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brant Baber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cecelia Housing Inc?

Cecelia Housing Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Cecelia Housing Inc

Cecelia Housing, a nonprofit organization, is dedicated to providing real estate development services for individuals with low and moderate incomes. Through its mission, the organization has successfully developed two multifamily housing projects, each consisting of 132 units, in Bethesda, MD. These projects offer affordable housing solutions, contributing to the community by providing a home for those who might not otherwise be able to afford one. By focusing on low and moderate income persons, Cecelia Housing plays an essential role in addressing housing inequality and promoting social justice.

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Impact




October, 2024

Cecelia Housing Inc. significantly impacts the community by acquiring and developing multifamily housing projects aimed at low and moderate-income individuals. By creating affordable housing options, the organization addresses the critical need for accessible living spaces in Bethesda, MD. The completion of two rental housing projects, each comprising 132 units, exemplifies its commitment to enhancing the quality of life for residents. These developments not only provide a stable home for families and individuals but also contribute to the overall economic and social vitality of the area, ensuring that diverse populations have the opportunity to thrive in their community.




This information is meant to be a general summary of Cecelia Housing 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
$3,785 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,785

Assets and Liabilities:

  • Total Assets: $234,000
  • Total Liabilities: $0
  • Net Assets: $234,000

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Organization Details

Principal Officer

Kevin White

Main Address

5101 RIVER ROAD 101, BETHESDA, MD, 20816

NTEE Category

Code: L20 - Housing

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