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The Pines Of Aberdeen Inc

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

EIN: 561872809 ✦ Southern pines, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Pines Of Aberdeen Inc?

The Pines of Aberdeen Inc, a nonprofit organization situated in Southern Pines, North Carolina, specifically at 100 Gossman Drive Suite B, 28387, is dedicated to serving the elderly and disabled community. Their primary mission is to manage a 24-unit apartment complex, providing a suitable living environment for this demographic. This endeavor is carried out under Section 202 of the National Housing Act of 1959, which is aimed at providing affordable housing options for vulnerable populations.

Is The Pines Of Aberdeen Inc legitimate?

The Pines Of Aberdeen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pines Of Aberdeen 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: $0

For more financial information, click here

What is the mission statement of The Pines Of Aberdeen Inc?

The Pines of Aberdeen Inc's mission revolves around operating a 24-unit apartment complex, catering to the needs of elderly and disabled individuals. Located under Section 202 of the National Housing Act of 1959, this organization is dedicated to providing suitable living spaces for this specific community. The primary objective of The Pines of Aberdeen Inc is to ensure the elderly and disabled population has access to comfortable and secure housing. The complex operates with the aim of promoting independence and quality of life for its residents, offering them a supportive environment.

Who is the CEO of The Pines Of Aberdeen Inc?

Scott Brewton is the Board Member of The Pines Of Aberdeen Inc.

What is the revenue of The Pines Of Aberdeen Inc?

The Pines Of Aberdeen Inc's revenue in 2023 was $148,340.

Who are the executives of The Pines Of Aberdeen Inc and what are their salaries?

There 3 volunteers at The Pines Of Aberdeen Inc.


Here are 3 key members and their salaries:


Alona Sloan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Sherlock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Grenier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Pines Of Aberdeen Inc?

The Pines Of Aberdeen Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Pines Of Aberdeen Inc

The Pines of Aberdeen Inc is dedicated to operating a 24-unit apartment complex catering to the elderly and disabled. Located under Section 202 of the National Housing Act of 1959, this nonprofit organization provides a residential space that prioritizes the needs of its elderly and disabled residents. In essence, The Pines of Aberdeen Inc serves as a sanctuary, offering a living environment that is tailored to the specific needs and circumstances of its residents. The organization's mission is centered around the operation of this 24-unit complex, ensuring that its elderly and disabled residents have access to a safe and suitable living space.

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Impact




October, 2024

The Pines Of Aberdeen Inc provides vital housing support in Aberdeen, NC, by operating a 24-unit apartment complex specifically designed for elderly and disabled individuals. This initiative significantly enhances the quality of life for its residents by offering accessible and affordable living accommodations tailored to their needs. The presence of this facility fosters a sense of community and belonging, promoting social interaction among residents, which is essential for mental and emotional well-being. By ensuring safe and supportive housing, The Pines Of Aberdeen Inc plays a crucial role in addressing the unique challenges faced by vulnerable populations in the area, helping to improve their overall living conditions and independence.




This information is meant to be a general summary of The Pines Of Aberdeen 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
$148,340 (2023)
Expenses
$198,879 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $24
  • Program Service Revenue: $68,340
  • Gross Receipts: $148,340

Assets and Liabilities:

  • Total Assets: $512,670
  • Total Liabilities: $1,474,458
  • Net Assets: -$961,788

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$67,581

TENANT CHARGES

Revenue

$577

LAUNDRY & VENDING INCO

Revenue

$182

Organization Details

Founding Year

1994

Principal Officer

Scott Brewton

Main Address

100 GOSSMAN DRIVE SUITE B, SOUTHERN PINES, NC, 28387

NTEE Category

Code: L22 - Housing

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