Overview
What is Meadow Park Independent Living Inc?
Meadow Park Independent Living Inc is a nonprofit organization situated in Sarasota, Florida. With a 44-unit apartment building at 1845 18th Street, the organization provides safe and subsidized housing for low-income adults aged 62 and above. Their mission is to cater to the physical, social, and psychological needs of the elderly, fostering their health, security, happiness, and overall well-being in prolonged living. This mission is achieved by offering housing facilities and services specifically designed to meet the unique requirements of this demographic. With a team of five dedicated individuals, Meadow Park Independent Living Inc plays a significant role in supporting the elderly community in Sarasota, Florida.
Is Meadow Park Independent Living Inc legitimate?
Meadow Park Independent Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meadow Park Independent Living 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: $78,728
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What is the mission statement of Meadow Park Independent Living Inc?
Meadow Park Independent Living Inc's mission is dedicated to catering to the needs of elderly individuals. Their primary objective is to offer housing facilities and services specifically designed to address the physical, social, and psychological requirements of this age group. The organization strives to promote the health, security, happiness, and productivity of senior citizens, enabling them to enjoy a fulfilling life in their golden years. By providing subsidized apartment rental housing, Meadow Park Independent Living Inc aims to make this living arrangement safe and affordable for low-income adults.
Who is the CEO of Meadow Park Independent Living Inc?
George Bumbray is the President of Meadow Park Independent Living Inc.
What is the revenue of Meadow Park Independent Living Inc?
Meadow Park Independent Living Inc's revenue in 2022 was $380,636.
Who are the executives of Meadow Park Independent Living Inc and what are their salaries?
The average compensation at Meadow Park Independent Living Inc during 2022 was $15,746. There are 5 employees at Meadow Park Independent Living Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Meadow Park Independent Living Inc?
Meadow Park Independent Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Meadow Park Independent Living Inc
Meadow Park Independent Living Inc is dedicated to fulfilling the needs of elderly individuals. Their mission is to offer housing facilities and services that cater specifically to the physical, social, and psychological requirements of this demographic, promoting their health, security, happiness, and usefulness in longer living. By providing safe and affordable subsidized apartment rental housing, this organization strives to enhance the living conditions of low-income adults aged 62 and above. The ultimate goal is to contribute to their overall well-being and satisfaction throughout their later years.
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Impact
October, 2024
Meadow Park Independent Living Inc significantly improves the quality of life for low-income adults aged 62 and older in Sarasota, Florida, by providing safe and affordable subsidized apartment rental housing. With 44 units specifically designed to meet the needs of elderly residents, the organization fosters a supportive community that addresses not only the physical requirements of its residents but also their social and psychological well-being.
The apartments serve as a stable foundation where residents can maintain their independence while enjoying access to essential services tailored for older adults. This environment promotes health, security, and happiness, encouraging residents to engage actively in their community and maintain meaningful connections. By addressing these needs, Meadow Park enhances the overall well-being of its residents, allowing them to lead fulfilling and productive lives for longer. The impact extends beyond individual residents, contributing to a stronger, more vibrant community in Sarasota.
This information is meant to be a general summary of Meadow Park Independent Living 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 2022.
- Investment Income: $362
- Program Service Revenue: $127,044
- Gross Receipts: $380,636
Assets and Liabilities:
- Total Assets: $2,079,450
- Total Liabilities: $80,420
- Net Assets: $1,999,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING RENTAL
Revenue
$127,044
Organization Details
Phone
(941) 366-0430Principal Officer
George Bumbray
Main Address
1845 18th Street, Sarasota, FL, 34234
NTEE Category
Code: L22 - Housing
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