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Meadows Housing Corporation

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

EIN: 541541436 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Meadows Housing Corporation?

Meadows Housing Corporation is a nonprofit organization devoted to catering to the housing needs of the elderly. Specifically, they manage a 30-unit housing complex, serving as a retirement community and senior citizens' housing estate. Their primary mission involves offering rental accommodations for senior citizens, thereby contributing to their well-being and comfort in their golden years.

Is Meadows Housing Corporation legitimate?

Meadows Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meadows 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: $0

For more financial information, click here

What is the mission statement of Meadows Housing Corporation?

Meadows Housing Corporation is dedicated to offering rental housing accommodations for the elderly. Operating a 30-unit complex, the organization's primary mission is centered around senior citizens housing and retirement communities. The corporation aims to provide a living space that caters to the elderly, ensuring they can reside comfortably in their later years. This non-profit organization strives to contribute positively to the lives of the elderly, thereby enhancing their overall quality of life.

Who is the CEO of Meadows Housing Corporation?

Karen Reifenberger is the Principal Officer of Meadows Housing Corporation.

What is the revenue of Meadows Housing Corporation?

Meadows Housing Corporation's revenue in 2022 was $348,890.

Who are the executives of Meadows Housing Corporation and what are their salaries?


Here are 3 key members and their salaries:


Frank Stoner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sunshine Mathon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Paulson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Meadows Housing Corporation?

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

Mission Statement of Meadows Housing Corporation

Meadows Housing Corporation is dedicated to providing rental housing solutions for the elderly community. This nonprofit organization operates a 30-unit complex, catering specifically to senior citizens and retirement communities. The mission of Meadows Housing Corporation is to offer a comfortable and secure living environment for the elderly, allowing them to age with dignity and independence. By operating this housing complex, the organization aims to contribute to the well-being of the elderly populace, providing them with a place to call home.

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Impact




October, 2024

Meadows Housing Corporation plays a vital role in enhancing the quality of life for elderly residents in Charlottesville, VA, by providing affordable rental housing through its 30-unit complex. By focusing on the unique needs of seniors, the organization fosters a supportive community where older adults can maintain their independence in a safe environment.

The housing complex not only addresses the critical need for senior citizens housing but also promotes social interaction among residents, reducing feelings of isolation and improving overall well-being. Meadows Housing Corporation contributes significantly to the stability of the local community by ensuring that elderly individuals have access to secure living arrangements that allow them to thrive during their retirement years.




This information is meant to be a general summary of Meadows 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
$348,890 (2022)
Expenses
$273,559 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $673
  • Program Service Revenue: $348,217
  • Gross Receipts: $348,890

Assets and Liabilities:

  • Total Assets: $1,434,419
  • Total Liabilities: $1,530,256
  • Net Assets: -$95,837

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Programs

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

RENTAL INCOME

Revenue

$348,217

Organization Details

Founding Year

1991

Principal Officer

Karen Reifenberger

Main Address

682 Berkmar Circle, Charlottesville, VA, 22901

NTEE Category

Code: L80Z - Housing

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