Overview
What is Belmont Place Senior Housing Inc?
Belmont Place Senior Housing Inc is a nonprofit organization that is dedicated to managing a HUD Section 202 multi-family apartment complex, which is strategically located in Hugo, Oklahoma. Their primary objective is to provide suitable housing accommodations for senior citizens, ensuring they live in a comfortable and secure environment. The organization's mission encompasses owning and operating this apartment complex to cater to the elderly population's unique needs, contributing positively to the local community.
Is Belmont Place Senior Housing Inc legitimate?
Belmont Place Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Place Senior Housing 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: $14,304
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What is the mission statement of Belmont Place Senior Housing Inc?
Belmont Place Senior Housing Inc's mission involves owning and operating a multi-family apartment complex, adhering to the HUD Section 202 guidelines. This organization's primary objective is to provide housing solutions, catering specifically to senior residents. By operating within this sector, Belmont Place Senior Housing Inc contributes to the provision of suitable living environments for an age group that often requires additional support and care. The organization's activities revolve around managing this complex, ensuring it maintains the necessary standards and provides a comfortable living space for its senior residents.
What is the revenue of Belmont Place Senior Housing Inc?
Belmont Place Senior Housing Inc's revenue in 2024 was $113,319.
Who are the executives of Belmont Place Senior Housing Inc and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $76,655
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- Related: $9,494
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Where can I find the form 990 for Belmont Place Senior Housing Inc?
Belmont Place Senior Housing Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Belmont Place Senior Housing Inc
Belmont Place Senior Housing Inc is committed to managing a multi-family apartment complex, which is funded by the U.S. Department of Housing and Urban Development (HUD) under Section 202. This mission involves owning and operating the complex effectively, providing a suitable living environment for its residents. By doing so, Belmont Place Senior Housing Inc contributes to the overall well-being of the senior community, ensuring they have access to safe and affordable housing. The organization's role in maintaining this complex is crucial in supporting the senior population, enabling them to live with dignity and independence.
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Impact
October, 2024
Belmont Place Senior Housing Inc significantly impacts the community by providing essential housing for seniors in Hugo, Oklahoma. By owning and operating a HUD Section 202 multi-family apartment complex, it offers affordable, safe, and supportive living environments tailored to the needs of older adults. This facility not only enhances the quality of life for residents but also fosters a sense of community and belonging among seniors. By addressing housing needs, Belmont Place contributes to the overall well-being of its residents, allowing them to age in place with dignity and respect. The organization plays a pivotal role in ensuring that vulnerable populations have access to stable housing, ultimately strengthening the social fabric of the Hugo community.
This information is meant to be a general summary of Belmont Place Senior Housing 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 2024.
- Investment Income: $1,120
- Program Service Revenue: $79,013
- Gross Receipts: $113,319
Assets and Liabilities:
- Total Assets: $777,195
- Total Liabilities: $1,293,950
- Net Assets: -$516,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dwelling Rent
Revenue
$78,699
Other
Revenue
$314
Organization Details
Founding Year
2003
Principal Officer
Sheree Ensley
NTEE Category
Code: L21 - Housing
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