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Marshall Place Apartments Inc

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

EIN: 900158415 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Marshall Place Apartments Inc?

Marshall Place Apartments Inc is a nonprofit organization situated in Watertown, Massachusetts. Their primary mission is to provide supportive housing for low-income and elderly individuals, fostering a community that caters to their specific needs. Operating approximately ten units, this nonprofit is dedicated to ensuring a comfortable living environment in Watertown, Massachusetts.


Official website here: www.cascap.org

Is Marshall Place Apartments Inc legitimate?

Marshall Place Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshall Place Apartments 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: $62,697

For more financial information, click here


Official website here: www.cascap.org

What is the mission statement of Marshall Place Apartments Inc?

Marshall Place Apartments Inc is committed to providing supportive housing for low-income elderly individuals. Their mission is centered around offering a suitable living environment for this specific demographic. The organization operates and maintains approximately 10 units of housing in an undisclosed location. Their primary goal is to ensure that elderly individuals with limited income have access to comfortable and safe housing. They strive to create a community where these individuals can age with dignity and security. While the focus is on housing, the organization may also offer additional resources or support services to enhance the overall living experience for its residents.


Official website here: www.cascap.org

Who is the CEO of Marshall Place Apartments Inc?

Sara Barcan is the Director of Marshall Place Apartments Inc.


Official website here: www.cascap.org

What is the revenue of Marshall Place Apartments Inc?

Marshall Place Apartments Inc's revenue in 2022 was $242,020.


Official website here: www.cascap.org

Who are the executives of Marshall Place Apartments Inc and what are their salaries?


Here are 8 key members and their salaries:


Vincent O'Donnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Kaup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Twombly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Elving (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Drury (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bombard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hixson (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cascap.org

Where can I find the form 990 for Marshall Place Apartments Inc?

Marshall Place Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cascap.org

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

Mission Statement of Marshall Place Apartments Inc

Marshall Place Apartments Inc, as a nonprofit organization, is committed to providing supportive housing for low-income elderly individuals. Their mission, in essence, is to offer a living space that caters to the needs of this specific demographic. By operating and maintaining approximately ten units of housing, this organization seeks to create an environment that fosters comfort and security for its residents. This commitment to low-income and elderly individuals reflects Marshall Place Apartments Inc's dedication to making a positive impact in the lives of those in need.

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Impact




October, 2024

Marshall Place Apartments Inc significantly impacts the community by providing low-income elderly individuals with supportive housing in Watertown, Massachusetts. By operating and maintaining approximately 10 housing units, this organization plays a crucial role in addressing the housing needs of vulnerable populations. It fosters a sense of security and community for elderly residents, facilitating their well-being and independence. The focus on low-income housing ensures that those who might otherwise struggle to afford safe and stable living conditions can have a supportive environment tailored to their needs. Through its mission, Marshall Place Apartments Inc contributes to the overall quality of life for elderly residents, promoting dignity and a sense of belonging within the community.




This information is meant to be a general summary of Marshall Place Apartments 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
$242,020 (2022)
Expenses
$267,919 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18
  • Program Service Revenue: $241,992
  • Gross Receipts: $242,020

Assets and Liabilities:

  • Total Assets: $2,404,257
  • Total Liabilities: $2,560,431
  • Net Assets: -$156,174

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Programs

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

TENANT RENT

Revenue

$241,992

Organization Details

Founding Year

2005

Principal Officer

Sara Barcan

Main Address

810 MEMORIAL DRIVE 107, CAMBRIDGE, MA, 02139

NTEE Category

Code: L20 - Housing

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