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Gateway Estates Inc

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

EIN: 850436521 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is Gateway Estates Inc?

Gateway Estates Inc is a nonprofit organization that specializes in offering affordable housing for individuals with low to moderate income and verified mental, physical, or developmental disabilities. The organization operates a housing complex consisting of seven units, dedicated to providing a suitable living environment for this specific group of individuals. By offering this service, Gateway Estates Inc aims to contribute positively to their community, ensuring that those with disabilities have access to safe and reasonable housing options.


Official website here: www.hdhnm.org

Is Gateway Estates Inc legitimate?

Gateway Estates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gateway Estates Inc submitted a form 990EZ, 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.


Official website here: www.hdhnm.org

What is the mission statement of Gateway Estates Inc?

Gateway Estates Inc is committed to providing housing opportunities for individuals with low to moderate income, who have been medically diagnosed with mental, physical, or developmental disabilities. Their mission is to ensure affordable living for this specific group, ensuring they have a suitable place to reside. The organization operates a housing complex with seven units, dedicated to catering to this community's unique needs. By offering housing, Gateway Estates Inc aims to contribute positively to the lives of these individuals, providing them with a stable living environment.


Official website here: www.hdhnm.org

Who is the CEO of Gateway Estates Inc?

Kara Summers is the President of Gateway Estates Inc.


Official website here: www.hdhnm.org

What is the revenue of Gateway Estates Inc?

Gateway Estates Inc's revenue in 2022 was $52,239.


Official website here: www.hdhnm.org

Who are the executives of Gateway Estates Inc and what are their salaries?


Here are 3 key members and their salaries:


Kara Summers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Drum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Drum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hdhnm.org

Where can I find the form 990EZ for Gateway Estates Inc?

Gateway Estates Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.hdhnm.org

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

Mission Statement of Gateway Estates Inc

Gateway Estates Inc, a nonprofit organization, is dedicated to providing housing for individuals with low to moderate income, who can verify having mental, physical, or developmental disabilities. The mission of Gateway Estates Inc is to offer affordable housing, catering specifically to this group of individuals. The organization manages a housing complex, comprising of seven units, designed to accommodate and support the needs of these individuals. By offering affordable housing, Gateway Estates Inc aims to contribute positively to their tenants' lives, providing a safe and suitable living environment.

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Impact




August, 2024

Gateway Estates Inc's impact lies in providing essential housing support for low to moderate-income individuals with mental, physical, or developmental disabilities in Albuquerque, New Mexico. By offering a safe and affordable housing complex with 7 units, Gateway Estates Inc plays a crucial role in addressing the housing needs of the low-income disabled population. Their mission of ensuring that vulnerable individuals have access to stable housing contributes significantly to promoting independence, security, and a sense of community for those they serve.




This information is meant to be a general summary of Gateway Estates 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.

Revenue
$52,239 (2022)
Expenses
$68,144 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9
  • Program Service Revenue: $52,230
  • Gross Receipts: $52,239

Assets and Liabilities:

  • Total Assets: $228,352
  • Total Liabilities: $496,748
  • Net Assets: -$268,396

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Organization Details

Principal Officer

Kara Summers

Main Address

PO Box 80009, Albuquerque, NM, 87198

NTEE Category

Code: L20 - Housing

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