Mature Living Of Bay Inc

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

EIN: 710688513 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

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Overview

What is Mature Living Of Bay Inc?

Mature Living of Bay Inc is a nonprofit organization situated in Bay, Arkansas. Their primary mission, as regulated by the U.S. Department of Housing and Urban Development, is to offer affordable housing solutions for the elderly community. They are committed to meeting the housing needs of senior citizens in the region, ensuring they have a safe and comfortable living environment. While the information provided does not detail additional programs or services, it is clear that Mature Living of Bay Inc focuses on housing assistance for the elderly, aligning with their stated mission.

Is Mature Living Of Bay Inc legitimate?

Mature Living Of Bay Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mature Living Of Bay Inc submitted a form 990EZ, 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.

What is the mission statement of Mature Living Of Bay Inc?

Mature Living of Bay Inc's mission is centered around providing affordable housing to the elderly, adhering to the guidelines set forth by the U.S. Department of Housing and Urban Development. The organization strives to provide a living space for the elderly population, ensuring they have access to suitable and low-income housing options. This commitment is instrumental in enhancing the quality of life for elderly individuals, allowing them to maintain their dignity and independence in a secure environment.

Who is the CEO of Mature Living Of Bay Inc?

C Carl Schultz is the President of Mature Living Of Bay Inc.

What is the revenue of Mature Living Of Bay Inc?

Mature Living Of Bay Inc's revenue in 2022 was $190,695.

Who are the executives of Mature Living Of Bay Inc and what are their salaries?


Here are 3 key members and their salaries:


C Carl Schultz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Wheeler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Owens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mature Living Of Bay Inc?

Mature Living Of Bay Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Mature Living Of Bay Inc

Mature Living of Bay Inc, a nonprofit organization, is committed to providing low-income housing for the elderly in Arkansas, adhering to the guidelines set forth by the U.S. Department of Housing and Urban Development. This mission aims to ensure a comfortable living environment for the elderly population, providing them with the necessary housing accommodations. By following the regulations set by the U.S. Department of Housing and Urban Development, Mature Living of Bay Inc ensures that its services are accessible and affordable to those who need it most.

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Impact




October, 2024

Mature Living Of Bay Inc plays a crucial role in addressing the housing needs of low-income elderly residents in Bay, Arkansas. By providing affordable housing options, the organization helps ensure that seniors can live independently while having access to safe and secure living environments. This initiative not only improves the quality of life for its residents but also fosters a sense of community and belonging among the elderly population.

Additionally, by adhering to the requirements set forth by the U.S. Department of Housing and Urban Development, Mature Living Of Bay Inc contributes to broader efforts in promoting fair and affordable housing practices, ultimately enhancing the social fabric of the area. The impact is significant, as it alleviates the financial burden on low-income seniors, allowing them to allocate resources toward essential needs, such as healthcare and daily living expenses. Overall, the organization serves as a vital support system for one of society’s most vulnerable groups.




This information is meant to be a general summary of Mature Living Of Bay 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
$190,695 (2022)
Expenses
$174,220 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $86
  • Program Service Revenue: $190,609
  • Gross Receipts: $190,695

Assets and Liabilities:

  • Total Assets: $320,571
  • Total Liabilities: $299,023
  • Net Assets: $21,548

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Organization Details

Principal Officer

C Carl Schultz

Main Address

8101 INTERSTATE 30 SUITE A, LITTLE ROCK, AR, 72209

NTEE Category

Code: L22 - Housing

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