Overview
What is Elmwood I Inc?
Elmwood I Inc is a nonprofit organization situated at 204 W Prairie Ave, Decatur, Illinois. Their primary focus is to provide permanent supportive housing for homeless individuals and families. They achieve this by owning and operating the Elmwood Arms Apartments, offering a stable living environment to those in need. Their mission is deeply rooted in the betterment of these vulnerable populations, aiming to help them rebuild their lives with dignity and independence.
Is Elmwood I Inc legitimate?
Elmwood I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elmwood I 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Elmwood I Inc?
Elmwood I Inc's primary mission is centered around providing permanent supportive housing. Specifically, they focus on accommodating homeless individuals and families. Their sole activity encompasses the ownership and operation of the Elmwood Arms Apartments, catering to this specific demographic. This housing serves as a vital resource, offering a stable living environment that aims to help these individuals and families regain their footing and rebuild their lives.
What is the revenue of Elmwood I Inc?
Elmwood I Inc's revenue in 2024 was $49,992.
Who are the executives of Elmwood I Inc and what are their salaries?
There 7 volunteers at Elmwood I Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Elmwood I Inc?
Elmwood I Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Elmwood I Inc
Elmwood I Inc, as a nonprofit organization, is dedicated to providing permanent supportive housing for homeless individuals and families. This mission is carried out through the operation of Elmwood Arms Apartments, which serves as a sanctuary for those in need. The organization's primary activity lies in offering a stable living environment for these vulnerable groups, aiming to provide them with a solid foundation to rebuild their lives. By offering permanent housing, Elmwood I Inc seeks to provide a sense of security and stability, which are essential for individuals and families to overcome the challenges they face.
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Impact
August, 2024
Elmwood I Inc's impact is significant in providing permanent supportive housing for homeless individuals and families through their ownership and operation of the Elmwood Arms Apartments in Decatur, IL. Their sole activity is focused on addressing homelessness by offering a stable and secure living environment for those in need. This commitment to providing housing opportunities for vulnerable populations has a direct and positive impact on the lives of those who benefit from their services.
This information is meant to be a general summary of Elmwood I 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: $494
- Program Service Revenue: $49,061
- Gross Receipts: $49,992
Assets and Liabilities:
- Total Assets: $1,109,070
- Total Liabilities: $535,924
- Net Assets: $573,146
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$49,061
Organization Details
Founding Year
2002
Principal Officer
Fred Spannaus
NTEE Category
Code: L21 - Housing
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