Overview
What is Edgar Senior Care Foundation?
The Edgar Senior Care Foundation is a nonprofit organization situated in Glencoe, Alabama. With a focus on providing housing, the foundation manages 56 rental units across 5 buildings. The organization collects rent payments, covering various expenses related to the dwellings, such as utilities, maintenance, and repairs. This encompasses plumbing, heating and cooling repairs, carpet and floor upkeep, as well as pest control expenses, accounting costs, and legal fees. The foundation's mission serves approximately 55 individuals, aiming to ensure comfortable and well-maintained living spaces for the senior community in Glencoe.
Is Edgar Senior Care Foundation legitimate?
Edgar Senior Care Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgar Senior Care Foundation 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: $41,608
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What is the mission statement of Edgar Senior Care Foundation?
The Edgar Senior Care Foundation's primary mission is to provide a total of 56 rental units, spread across five buildings, for individuals in need. The foundation collects rent from these tenants and then covers the associated living expenses, which include costs related to plumbing, heating and cooling repairs, carpet and floor maintenance, utility bills, and other occupancy-related expenses. Additionally, the foundation covers pest control expenses, accounting costs, and legal fees. In 2020, approximately 55 individuals rented dwellings from the foundation.
Who is the CEO of Edgar Senior Care Foundation?
Callie Waldrop is the President of Edgar Senior Care Foundation.
What is the revenue of Edgar Senior Care Foundation?
Edgar Senior Care Foundation's revenue in 2022 was $309,635.
Who are the executives of Edgar Senior Care Foundation and what are their salaries?
The average compensation at Edgar Senior Care Foundation during 2022 was $13,869. There are 3 employees at Edgar Senior Care Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Edgar Senior Care Foundation?
Edgar Senior Care Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Edgar Senior Care Foundation
Edgar Senior Care Foundation is dedicated to providing rental units for individuals in need. With a total of 56 apartment units spread across five buildings, the foundation collects rent from its tenants and uses the proceeds to cover related expenses. The organization's mission involves catering to the occupancy costs, including plumbing, heating and cooling repairs, carpet and floor repairs, utility bills, pest control expenses, accounting fees, and legal fees. In 2020, approximately 55 individuals rented the dwellings provided by Edgar Senior Care Foundation. The foundation's mission is essential in offering affordable housing solutions and ensuring the well-being of its residents by managing and maintaining the properties effectively.
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Impact
October, 2024
Edgar Senior Care Foundation significantly improves the quality of life for residents in Glencoe, Alabama, by offering affordable rental housing through its 56 apartment units across five buildings. In 2020, approximately 55 individuals benefited from these rental units, providing them with secure and stable housing. The foundation not only collects rents but also ensures that all essential occupancy expenses are covered, which include maintenance, repairs, plumbing, heating, cooling, and pest control. Through its operations, the foundation addresses the critical housing needs of the community, making it easier for residents to access comfortable living conditions without the burden of high housing costs. This holistic approach enhances community well-being by fostering stability and support for individuals and families in the area.
This information is meant to be a general summary of Edgar Senior Care Foundation. 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 2022.
- Program Service Revenue: $308,040
- Gross Receipts: $309,635
Assets and Liabilities:
- Total Assets: $756,698
- Total Liabilities: -$779
- Net Assets: $757,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISC
Revenue
$215,398
RENTAL INCOME
Revenue
$91,047
LAUNDRY
Revenue
$1,595
Organization Details
Principal Officer
Callie Waldrop
Main Address
211 SIMS CIRCLE APT 59, GLENCOE, AL, 35905
NTEE Category
Code: L22Z - Housing
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