Overview
What is Germantown Home Section 811 Corporation?
Germantown Home Section 811 Corporation is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 6970 Germantown Avenue, 19119. Their primary focus is on offering affordable housing solutions to low-income individuals who are battling Alzheimer's Disease and Dementia. The organization operates an 18-unit apartment complex, which was built with funding from the U.S. Department of Housing and Urban Development (HUD). The mission of this nonprofit is to provide a secure living environment and necessary support for those affected by these debilitating conditions.
Official website here: www.newcourtland.org
Is Germantown Home Section 811 Corporation legitimate?
Germantown Home Section 811 Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Germantown Home Section 811 Corporation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $64,571
For more financial information, click here
Official website here: www.newcourtland.org
What is the mission statement of Germantown Home Section 811 Corporation?
The mission of Germantown Home Section 811 Corporation is centered around providing affordable housing for individuals who are financially disadvantaged and are struggling with Alzheimer's Disease and Dementia. This organization, through its 18-unit apartment complex, aims to offer a secure and supportive living environment for these individuals, ensuring they receive the care they need. The corporation's primary goal is to contribute positively to their well-being and quality of life, thereby making a meaningful difference in their day-to-day existence.
Official website here: www.newcourtland.org
Who is the CEO of Germantown Home Section 811 Corporation?
Michael P Demarco is the Principal Officer of Germantown Home Section 811 Corporation.
Official website here: www.newcourtland.org
What is the revenue of Germantown Home Section 811 Corporation?
Germantown Home Section 811 Corporation's revenue in 2022 was $275,985.
Official website here: www.newcourtland.org
Who are the executives of Germantown Home Section 811 Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.newcourtland.org
Where can I find the form 990 for Germantown Home Section 811 Corporation?
Germantown Home Section 811 Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newcourtland.org
Learn more at the official website: www.newcourtland.org
Mission Statement of Germantown Home Section 811 Corporation
Germantown Home Section 811 Corporation, a non-profit organization, is dedicated to providing affordable housing for individuals who are battling Alzheimer's Disease and Dementia. With a mission that is deeply rooted in compassion and support, this organization aims to cater to the unique needs of low-income residents suffering from these debilitating conditions. The Corporation's 18-unit apartment complex, funded by the HUD, serves as a sanctuary for these individuals, offering them a secure and comfortable living space. By providing this essential service, Germantown Home Section 811 Corporation plays a crucial role in enhancing the quality of life for those affected by Alzheimer's Disease and Dementia, enabling them to live with dignity and respect in a supportive environment.
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Impact
October, 2024
Germantown Home Section 811 Corporation provides critical support to low-income elderly individuals suffering from Alzheimer’s Disease and dementia by offering affordable housing in a specialized 18-unit apartment complex in Philadelphia. This initiative not only addresses the pressing need for accessible living spaces for this vulnerable population but also fosters a community where residents can receive the necessary support and care in a safe and understanding environment.
By utilizing HUD funding, Germantown Home ensures that these residents have a stable home, which is essential for their well-being and provides them a sanctuary where they can maintain their dignity despite their health challenges. The dedicated housing helps alleviate some burden from families who may struggle to find suitable living arrangements for their loved ones, thus contributing positively to the overall quality of life for both residents and their families.
In summary, Germantown Home Section 811 Corporation plays a vital role in enhancing the lives of elderly individuals dealing with Alzheimer’s and dementia, ensuring they have access to supportive, affordable housing tailored to their unique needs.
This information is meant to be a general summary of Germantown Home Section 811 Corporation. 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: $305
- Program Service Revenue: $275,580
- Gross Receipts: $275,985
Assets and Liabilities:
- Total Assets: $2,346,676
- Total Liabilities: $3,163,676
- Net Assets: -$817,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD Rent Subsidy
Revenue
$193,436
Tenant Rent
Revenue
$82,144
Organization Details
Founding Year
2001
Phone
(215) 951-4432Principal Officer
Michael P Demarco
Main Address
6970 Germantown Avenue, Philadelphia, PA, 19119
Website
www.newcourtland.orgNTEE Category
Code: L20 - Housing
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