Overview
What is Albemarle Older Adult Housing Inc?
Albemarle Older Adult Housing Inc, operating under the name Matthew's Place Apartments, is a nonprofit organization situated in Albeamare, North Carolina. The primary focus of this organization is to provide affordable housing for senior citizens in the area, operating a 34-unit apartment complex specifically designed for this demographic. Their mission is deeply rooted in the community, ensuring that elderly residents have access to comfortable and suitable living arrangements.
Official website here: www.everyage.org
Is Albemarle Older Adult Housing Inc legitimate?
Albemarle Older Adult Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albemarle Older Adult 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: $0
For more financial information, click here
Official website here: www.everyage.org
What is the mission statement of Albemarle Older Adult Housing Inc?
Albemarle Older Adult Housing Inc's mission is centered around providing affordable housing solutions for senior citizens. This non-profit organization strives to create a living environment that caters to the needs of elderly individuals. The organization's primary activity involves operating a 34-unit apartment complex, specifically designed for the elderly. By offering affordable housing, Albemarle Older Adult Housing Inc aims to contribute positively to the lives of senior citizens, ensuring they can live with dignity and independence.
Official website here: www.everyage.org
Who is the CEO of Albemarle Older Adult Housing Inc?
Lee Syria is the CEO of Albemarle Older Adult Housing Inc The CEO's salary of Albemarle Older Adult Housing Inc is $0 and their total compensation is $479,561.
Official website here: www.everyage.org
What is the revenue of Albemarle Older Adult Housing Inc?
Albemarle Older Adult Housing Inc's revenue in 2023 was $222,036.
Official website here: www.everyage.org
Who are the executives of Albemarle Older Adult Housing Inc and what are their salaries?
There 9 volunteers at Albemarle Older Adult Housing Inc.
Here are 14 key members and their salaries (Albemarle Older Adult Housing Inc's CEO's salary is $0 and their total compensation is $479,561):
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- Related: $434,680
- Other: $44,881
- Compensation: $0
- Related: $141,128
- Other: $15,713
- Compensation: $0
- Related: $244,552
- Other: $36,281
- Compensation: $0
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- Other: $0
Official website here: www.everyage.org
Where can I find the form 990 for Albemarle Older Adult Housing Inc?
Albemarle Older Adult Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.everyage.org
Learn more at the official website: www.everyage.org
Mission Statement of Albemarle Older Adult Housing Inc
Albemarle Older Adult Housing Inc, a nonprofit organization, is committed to providing an essential service. Its mission is centered around offering affordable housing to senior citizens, extending a helping hand to this vulnerable population in North Carolina. The organization operationalizes this mission by managing a 34-unit apartment complex specifically designed for the elderly, providing them with a secure and affordable living environment. By offering affordable housing, Albemarle Older Adult Housing Inc aims to contribute to the well-being and independence of senior citizens, allowing them to maintain their dignity and quality of life in their golden years.
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Impact
October, 2024
Albemarle Older Adult Housing Inc significantly enhances the quality of life for senior citizens in Albemarle, North Carolina, by providing affordable housing options tailored to their needs. By operating a 34-unit apartment complex specifically designed for the elderly, the organization addresses a critical gap in housing accessibility for seniors in the area.
This initiative not only offers safe and secure living conditions but also fosters a sense of community among residents. The presence of affordable housing allows seniors to maintain independence while alleviating financial burdens, ultimately leading to improved mental and physical well-being. The commitment to creating a welcoming environment contributes to the social fabric of Albemarle, ensuring that older adults can live with dignity and in comfort within their own community.
This information is meant to be a general summary of Albemarle Older Adult 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 2023.
- Investment Income: $264
- Program Service Revenue: $116,680
- Gross Receipts: $222,036
Assets and Liabilities:
- Total Assets: $1,522,693
- Total Liabilities: $44,195
- Net Assets: $1,478,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$116,680
Organization Details
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