Overview
What is Ysleta Senior Housing Inc?
Ysleta Senior Housing Inc is a nonprofit organization situated in El Paso, Texas, dedicated to providing affordable living solutions for senior citizens categorized as low-income individuals. With the support of funding from the U.S. Department of Housing and Urban Development (HUD), they have constructed 60 one-bedroom apartments specifically for this demographic. To further assist these residents in managing their finances, eligible tenants can also obtain Section 8 rental assistance payments from HUD. In essence, Ysleta Senior Housing Inc aims to offer a supportive and affordable housing environment for the elderly community in El Paso.
Is Ysleta Senior Housing Inc legitimate?
Ysleta Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ysleta Senior 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: $148,253
For more financial information, click here
What is the mission statement of Ysleta Senior Housing Inc?
Ysleta Senior Housing Inc's mission is centered around providing affordable housing solutions for elderly individuals classified as low-income. The organization has constructed 60 one-bedroom apartments with funding from the HUD, and these residents also benefit from Section 8 rental assistance payments from the same source. The primary goal is to offer suitable living arrangements for the elderly, ensuring they have access to suitable housing options. By providing such facilities, Ysleta Senior Housing Inc aims to contribute positively to the well-being and living standards of its elderly residents.
Who is the CEO of Ysleta Senior Housing Inc?
Salvador Hernandez is the President of Ysleta Senior Housing Inc.
What is the revenue of Ysleta Senior Housing Inc?
Ysleta Senior Housing Inc's revenue in 2023 was $428,445.
Who are the executives of Ysleta Senior Housing Inc and what are their salaries?
The average compensation at Ysleta Senior Housing Inc during 2023 was $49,418. There are 3 employees at Ysleta Senior Housing 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 Ysleta Senior Housing Inc?
Ysleta Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ysleta Senior Housing Inc
Ysleta Senior Housing Inc is dedicated to providing low-income housing for elderly individuals. With the assistance of funds from the HUD, they have constructed 60 one-bedroom apartments in an unspecified location. This housing is specifically designed for elderly individuals who meet the criteria of being classified as very low-income. Moreover, the tenants of these apartments are eligible to receive Section 8 rental assistance payments from HUD, thereby making the housing more affordable and accessible for them. By offering such housing, Ysleta Senior Housing Inc plays a significant role in providing a safe and secure living environment for elderly individuals who may be facing financial challenges.
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Impact
October, 2024
Ysleta Senior Housing Inc significantly impacts the community by providing affordable housing to elderly individuals in El Paso, Texas. By offering 60 one-bedroom apartments specifically designed for very low-income seniors, the organization addresses a critical need for affordable living options in the area.
The construction of these apartments, funded through capital advance from HUD, ensures that vulnerable populations have access to safe and stable housing. Additionally, tenants benefit from Section 8 rental assistance payments, further alleviating financial burdens and improving their quality of life. The availability of such housing not only enhances the living conditions of its residents but also fosters a sense of community and belonging among seniors who might otherwise face isolation.
Overall, Ysleta Senior Housing Inc plays a vital role in supporting the welfare of elderly individuals, contributing to both their individual well-being and the broader community's health.
This information is meant to be a general summary of Ysleta Senior 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: $26
- Program Service Revenue: $144,372
- Gross Receipts: $428,445
Assets and Liabilities:
- Total Assets: $1,202,815
- Total Liabilities: $2,064,580
- Net Assets: -$861,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$141,081
LAUNDRY AND VENDING RE
Revenue
$3,291
Organization Details
Founding Year
1990
Phone
(915) 858-7688Principal Officer
Salvador Hernandez
Main Address
250 YSLETA LANE, EL PASO, TX, 79907
NTEE Category
Code: L20B - Housing
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