Overview
What is Episcopal Management Corporation For St Marks Terrace Inc?
Episcopal Management Corporation for St Marks Terrace is a nonprofit organization dedicated to providing affordable housing solutions for the elderly and disabled individuals. Based on the Housing Act of 1959, Sec. 202, they offer 32 residences to those in need. Their mission is to ensure that the elderly have access to suitable and affordable housing, thereby enhancing their quality of life.
Is Episcopal Management Corporation For St Marks Terrace Inc legitimate?
Episcopal Management Corporation For St Marks Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Episcopal Management Corporation For St Marks Terrace 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.
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What is the mission statement of Episcopal Management Corporation For St Marks Terrace Inc?
Episcopal Management Corporation for St Marks Terrace Inc's mission is centered around providing affordable housing for the elderly and disabled individuals. This is done under the provisions of Section 202 of the Housing Act of 1959, serving approximately 32 individuals. The organization's primary goal is to make housing accessible for this specific demographic, thereby contributing to their well-being.
Who is the CEO of Episcopal Management Corporation For St Marks Terrace Inc?
Richard E Tanner is the President of Episcopal Management Corporation For St Marks Terrace Inc.
What is the revenue of Episcopal Management Corporation For St Marks Terrace Inc?
Episcopal Management Corporation For St Marks Terrace Inc's revenue in 2022 was $440,476.
Who are the executives of Episcopal Management Corporation For St Marks Terrace Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Episcopal Management Corporation For St Marks Terrace Inc?
Episcopal Management Corporation For St Marks Terrace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Episcopal Management Corporation For St Marks Terrace Inc
Episcopal Management Corporation for St. Marks Terrace, as a nonprofit organization, is committed to providing affordable housing for elderly and disabled individuals. Operating under Section 202 of the Housing Act of 1959, this corporation serves approximately 32 individuals with their housing needs. Their mission is centered around offering a safe and affordable living environment for this vulnerable population, aiming to improve their quality of life. By providing low income housing, Episcopal Management Corporation for St. Marks Terrace plays a significant role in supporting the elderly and disabled, ensuring they have a secure and comfortable place to call home.
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Impact
October, 2024
Episcopal Management Corporation for St Marks Terrace Inc significantly impacts the community by providing low-income housing specifically tailored for elderly and disabled individuals. Located in Midvale, UT, the organization serves approximately 32 individuals, ensuring they have access to affordable living options. By fulfilling its mission under Sec. 202 of the Housing Act of 1959, it addresses a critical need for safe and secure housing, promoting the well-being and dignity of its residents. This initiative not only improves the quality of life for those it serves but also strengthens the broader community by creating a supportive environment for vulnerable populations.
This information is meant to be a general summary of Episcopal Management Corporation For St Marks Terrace 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: $116
- Program Service Revenue: $440,360
- Gross Receipts: $440,476
Assets and Liabilities:
- Total Assets: $932,424
- Total Liabilities: $938,988
- Net Assets: -$6,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Apartment Rents
Revenue
$103,784
Laundry & Vending
Rent Subsidies
Revenue
$335,444
Tenant Charges
Revenue
$73
Vacancy Claims
Revenue
$1,059
Organization Details
Principal Officer
Richard E Tanner
Main Address
7351 SOUTH UNION PARK AVENUE 250, MIDVALE, UT, 84047
NTEE Category
Code: L22 - Housing
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