Overview
What is Willow Terrace Inc?
Willow Terrace Inc, located in Albuquerque, New Mexico, serves as a nonprofit organization with a mission to provide affordable housing for low-income individuals with disabilities. Established with the purpose of catering to this specific demographic, they aim to ensure that individuals with disabilities have access to suitable housing accommodations. Their operations are carried out under the name "Willow Terrace Apartments," as per their Doing Business As name.
Is Willow Terrace Inc legitimate?
Willow Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willow 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,382
For more financial information, click here
What is the mission statement of Willow Terrace Inc?
Willow Terrace Inc's mission is centered around providing affordable housing for individuals with disabilities who fall into the low-income bracket. The organization strives to offer a living space that is financially accessible, catering specifically to this demographic. Their mission is carried out with the primary goal of ensuring that individuals with disabilities have a suitable place to call home. The organization does not disclose any additional details about its operations or specific programs, but its focus on affordable housing for low-income disabled persons is clear.
Who is the CEO of Willow Terrace Inc?
Kara Summers is the President of Willow Terrace Inc.
What is the revenue of Willow Terrace Inc?
Willow Terrace Inc's revenue in 2022 was $109,429.
Who are the executives of Willow Terrace Inc and what are their salaries?
There 3 volunteers at Willow Terrace Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Willow Terrace Inc?
Willow Terrace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Willow Terrace Inc
Willow Terrace Inc is committed to providing affordable housing for low-income disabled individuals. This mission is at the heart of their operations, aiming to make living arrangements more accessible for those who may face unique challenges due to their disabilities. By offering affordable housing, Willow Terrace Inc is essentially providing a vital lifeline, enabling these individuals to maintain a decent standard of living without being financially overwhelmed. This mission is a testament to their dedication to social equality and ensuring that everyone has the opportunity to live with dignity and independence, regardless of their physical abilities.
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Impact
October, 2024
Willow Terrace Inc significantly impacts the community by providing affordable housing specifically for low-income individuals with disabilities in Albuquerque, NM. This initiative addresses a critical need for accessible living spaces, helping to improve the quality of life for a vulnerable population. By ensuring that individuals with disabilities have access to stable and affordable housing, Willow Terrace Inc fosters independence, dignity, and community integration for these residents. The organization plays a crucial role in alleviating housing insecurity, allowing individuals to focus on personal growth and well-being without the burden of financial strain. Through its efforts, Willow Terrace Inc contributes to building a more inclusive and supportive community for all.
This information is meant to be a general summary of Willow 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: $4
- Program Service Revenue: $109,372
- Gross Receipts: $109,429
Assets and Liabilities:
- Total Assets: $416,209
- Total Liabilities: $975,783
- Net Assets: -$559,574
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$109,372
Organization Details
Founding Year
1997
Principal Officer
Kara Summers
Main Address
PO BOX 19035, Albuquerque, NM, 87119
NTEE Category
Code: L22 - Housing
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