Overview
What is Marion West Inc?
Marion West Inc is a nonprofit organization located in Shelby, North Carolina, that focuses on providing low-income housing for the elderly. Operating under Section 202 of the U.S. Housing Act of 1959, they manage 37 units to accommodate this demographic. Their primary mission is to ensure that elderly residents with limited income have access to suitable housing within their community.
Is Marion West Inc legitimate?
Marion West Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion West 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
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What is the mission statement of Marion West Inc?
Marion West Inc, as an organization, is committed to providing housing for elderly individuals with low income. This commitment is fulfilled through the operation of 37 units of housing, adhering to Section 202 of the U.S. Housing Act of 1959, in a specific location that is not mentioned in the provided information. The primary mission of Marion West Inc is to offer a residence for elderly individuals who fall under the category of low income, thereby helping them maintain a comfortable living situation.
What is the revenue of Marion West Inc?
Marion West Inc's revenue in 2023 was $205,389.
Who are the executives of Marion West Inc and what are their salaries?
There 5 volunteers at Marion West Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Marion West Inc?
Marion West Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Marion West Inc
Marion West Inc, a nonprofit organization, is dedicated to providing affordable housing for the elderly. Operating under Section 202 of the U.S. Housing Act of 1959, as amended, Marion West Apartments offers 37 units of low-income housing. The organization's primary mission is to cater to the housing needs of elderly residents with limited financial means, ensuring they have a safe and comfortable living space. By providing this service, Marion West Inc contributes to the well-being and independence of the elderly community, thereby enriching society as a whole.
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Impact
October, 2024
Marion West Inc significantly impacts the community by providing 37 units of low-income housing specifically designed for elderly residents in Shelby, NC. By offering affordable housing under section 202 of the U.S. Housing Act of 1959, Marion West Apartments alleviates the financial burden faced by low-income seniors, ensuring they have stable and secure living conditions. This support not only enhances their quality of life but also fosters a sense of community and belonging among residents, allowing them to thrive in a safe environment tailored to their needs. The presence of such housing options is crucial in addressing the growing demand for affordable living spaces for the elderly demographic in the area.
This information is meant to be a general summary of Marion West 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $263
- Program Service Revenue: $109,694
- Gross Receipts: $205,389
Assets and Liabilities:
- Total Assets: $1,361,684
- Total Liabilities: $32,187
- Net Assets: $1,329,497
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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
$109,694
Organization Details
Founding Year
1999
Principal Officer
Dick Strachan
NTEE Category
Code: L22 - Housing
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