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Gatesway Residential

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

EIN: 731511972 ✦ Bartlesville, OK ✦ Designated as a 501(c)(3)

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Overview

What is Gatesway Residential?

Gatesway Residential is a nonprofit organization, headquartered in Bartlesville, Oklahoma, specifically dedicated to catering to the unique needs of the elderly and disabled. Their primary objective is to ensure their physical, social, and psychological well-being, fostering their health, security, happiness, and productivity in extended living. To accomplish this, they have embarked on a project to build, maintain, support, and operate a 24-unit housing complex, designed to provide a suitable living environment for these individuals. This initiative aims to enhance their quality of life and promote their overall well-being.

Is Gatesway Residential legitimate?

Gatesway Residential is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gatesway Residential 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

For more financial information, click here

What is the mission statement of Gatesway Residential?

Gatesway Residential is dedicated to developing, constructing, maintaining, supporting, and operating a 24-unit housing complex specifically designed for the elderly or disabled individuals. The primary objective of this project is to cater to the physical, social, and psychological needs of this demographic, promoting their health, security, happiness, and usefulness in their extended living. The complex aims to provide a supportive environment that enhances the well-being and quality of life for its residents.

Who is the CEO of Gatesway Residential?

Thomas A Gorman is the Member of Gatesway Residential.

What is the revenue of Gatesway Residential?

Gatesway Residential's revenue in 2023 was $120,475.

Who are the executives of Gatesway Residential and what are their salaries?


Here are 6 key members and their salaries:


Greg Arend (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clair Collard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kok (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Feary (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Langford (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gatesway Residential?

Gatesway Residential's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Gatesway Residential

Gatesway Residential is dedicated to developing, constructing, maintaining, supporting, and operating a 24-unit housing complex specifically designed for the elderly or disabled individuals. This project's primary objective is to cater to the physical, social, and psychological needs of these individuals, promoting their health, security, happiness, and usefulness in their extended living. The mission of Gatesway Residential is to provide a nurturing environment where these individuals can thrive, fostering their overall well-being and quality of life.

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Impact




October, 2024

Gatesway Residential significantly impacts the community by providing a dedicated 24-unit housing complex tailored for elderly and disabled individuals. This initiative addresses critical needs by offering living spaces specifically designed to enhance the physical, social, and psychological well-being of residents. By focusing on health, security, and happiness, Gatesway Residential not only promotes longer, more fulfilling lives but also fosters a sense of usefulness among its residents.

Located in Bartlesville, Oklahoma, this housing complex creates a supportive environment that encourages social interaction, community engagement, and independence. The initiative contributes to the overall quality of life for its residents and helps alleviate housing challenges faced by vulnerable populations. As a result, the complex plays a vital role in enhancing the community's fabric, ensuring that elderly and disabled individuals can live with dignity and support.




This information is meant to be a general summary of Gatesway Residential. 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
$120,475 (2023)
Expenses
$155,911 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $170
  • Program Service Revenue: $120,305
  • Gross Receipts: $120,475

Assets and Liabilities:

  • Total Assets: $527,678
  • Total Liabilities: $1,015,191
  • Net Assets: -$487,513

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RECEIPTS

Revenue

$90,938

HUD RENT SUBSIDY

Revenue

$29,055

SECURITY DEPOSIT FORFEITS

Revenue

$277

TENANT CHARGES

Revenue

$35

Organization Details

Principal Officer

Thomas A Gorman

Main Address

398060 W 2200 RD, BARTLESVILLE, OK, 740060265

NTEE Category

Code: P73 - Human services

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