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Willow Street Apartments

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

EIN: 841334167 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Willow Street Apartments?

Willow Street Apartments is a nonprofit organization established in 1996, based in Denver, Colorado. The primary purpose of this organization, as a Colorado nonstock and nonprofit corporation, is to construct and operate a rental housing project under Section 811 of the National Housing Act. This project, named Willow Street Apartments, is regulated by the U.S. Department of Housing and Urban Development (HUD) regarding rent charges and operational methods. The project consists of 12 units located in Denver, currently operating under the same name. The mission of Willow Street Apartments is to provide affordable housing to low-income individuals, contributing to the community by offering a secure living space.


Official website here: www.mercyhousing.org

Is Willow Street Apartments legitimate?

Willow Street Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willow Street Apartments 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: $27,756

For more financial information, click here


Official website here: www.mercyhousing.org

What is the mission statement of Willow Street Apartments?

The mission of Willow Street Apartments, as a nonprofit organization, is centered around owning and operating a 12-unit housing project. This project, known as The Willows, is specifically designed to provide affordable housing for individuals with low income. Established in 1996, the organization adheres to regulations set by the U.S. Department of Housing and Urban Development (HUD), which governs rent charges and operating methods for such projects. Currently, the project, located in Denver, Colorado, operates under the name Willow Street Apartments, offering a residential space for those in need.


Official website here: www.mercyhousing.org

Who is the CEO of Willow Street Apartments?

Melissa Clayton is the Vice President/Director of Willow Street Apartments.


Official website here: www.mercyhousing.org

What is the revenue of Willow Street Apartments?

Willow Street Apartments's revenue in 2022 was $137,344.


Official website here: www.mercyhousing.org

Who are the executives of Willow Street Apartments and what are their salaries?


Here are 6 key members and their salaries:


Bruce Saab (Vice President/Director)
  • Compensation: $0
  • Related: $94,309
  • Other: $16,925
Joe Rosenblum (Secretary/Director)
  • Compensation: $0
  • Related: $215,449
  • Other: $8,873
Melissa Clayton (Vice President/Director)
  • Compensation: $0
  • Related: $228,009
  • Other: $33,552
Chad Payne (Treasurer)
  • Compensation: $0
  • Related: $189,811
  • Other: $4,240
Kassidi Boening (Vice President)
  • Compensation: $0
  • Related: $134,820
  • Other: $30,258
Shelly Marquez (President)
  • Compensation: $0
  • Related: $154,467
  • Other: $14,745


Official website here: www.mercyhousing.org

Where can I find the form 990 for Willow Street Apartments?

Willow Street Apartments's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mercyhousing.org

Learn more at the official website: www.mercyhousing.org

Mission Statement of Willow Street Apartments

Willow Street Apartments, established as a nonprofit organization in 1996, is committed to owning and operating a 12-unit housing project. This project, known as The Willows, is located in Denver, Colorado. The primary mission of Willow Street Apartments is to provide affordable housing to individuals with low income. This mission is carried out in compliance with Section 811 of the National Housing Act, which regulates rent charges and operating methods. The apartment complex, currently operating under the name Willow Street Apartments, offers a secure and comfortable living environment to its residents.

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Impact




October, 2024

Willow Street Apartments significantly impacts the Denver community by providing essential housing for low-income individuals and families. Through its 12-unit project known as The Willows, it helps to address the pressing need for affordable housing in a city where many struggle to find stable living situations. By adhering to regulations that ensure reasonable rent charges and effective operating methods, Willow Street Apartments offers a safe and supportive environment for residents. The presence of such accessible housing options not only helps to alleviate homelessness and housing instability but also fosters a sense of community and improves the overall well-being of its residents. By creating a sustainable living space, Willow Street Apartments plays a crucial role in promoting social equity and stability in Denver.




This information is meant to be a general summary of Willow Street Apartments. 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
$137,344 (2022)
Expenses
$185,272 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $87
  • Program Service Revenue: $38,947
  • Gross Receipts: $137,344

Assets and Liabilities:

  • Total Assets: $404,621
  • Total Liabilities: $26,724
  • Net Assets: $377,897

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Programs

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

NET RENTAL REVENUE

Revenue

$34,520

OTHER REVENUE

Revenue

$4,291

ANCILLARY SERVICES

Revenue

$136

Organization Details

Founding Year

1996

Principal Officer

Melissa Clayton

Main Address

1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

NTEE Category

Code: L21 - Housing

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