Overview
What is Salem Arms Community Housing?
Salem Arms Community Housing is a nonprofit organization situated in Spokane, Washington. Their primary mission is to offer affordable housing to low-income families, particularly those with larger households, individuals facing homelessness, and individuals battling chronic mental illness. By developing and managing rental properties, they aim to encourage self-sufficiency among their residents. The organization, with a team of three dedicated individuals, is committed to providing a supportive living environment that fosters personal growth and stability.
Is Salem Arms Community Housing legitimate?
Salem Arms Community Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Arms Community Housing 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: $71,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,822
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What is the mission statement of Salem Arms Community Housing?
Salem Arms Community Housing is committed to developing and managing rental properties for low-income households, with a focus on large families, individuals experiencing homelessness, and individuals suffering from chronic mental illness. The organization's mission is to encourage self-sufficiency among its residents, providing them with affordable housing through a rental program. By offering this service, Salem Arms Community Housing aims to support and empower its residents, helping them to improve their living situations and achieve greater independence.
Who is the CEO of Salem Arms Community Housing?
David Tietz is the Board Member of Salem Arms Community Housing.
What is the revenue of Salem Arms Community Housing?
Salem Arms Community Housing's revenue in 2022 was $263,879.
Who are the executives of Salem Arms Community Housing and what are their salaries?
The average compensation at Salem Arms Community Housing during 2022 was $33,807. There are 3 employees at Salem Arms Community Housing.
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- Compensation: $71,600
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Where can I find the form 990 for Salem Arms Community Housing?
Salem Arms Community Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Salem Arms Community Housing
Salem Arms Community Housing is an organization dedicated to serving low-income households, with a particular focus on large families, individuals experiencing homelessness, and individuals suffering from chronic mental illness. Their mission is twofold: firstly, they develop and manage rental properties to provide affordable housing options for these groups. Secondly, they encourage self-sufficiency among their residents, aiming to help them move towards financial stability and independence.
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Impact
October, 2024
Salem Arms Community Housing has a significant impact on the well-being of low-income households in Spokane, Washington, focusing on large families, individuals facing homelessness, and those living with chronic mental illness. By developing and managing rental properties designed specifically for these populations, the organization provides vital access to affordable housing that might otherwise be out of reach.
Through its rental program, Salem Arms fosters stability and security for residents, helping them move towards self-sufficiency. This is especially crucial for families that struggle to find safe and affordable living conditions, as well as for individuals who may be dealing with the challenges posed by mental health issues or the experience of homelessness. By creating an environment where residents can thrive, Salem Arms not only addresses immediate housing needs but also promotes long-term empowerment and community integration, ultimately contributing to improved quality of life for its tenants.
This information is meant to be a general summary of Salem Arms Community Housing. 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 2022.
- Investment Income: $49
- Program Service Revenue: $260,458
- Gross Receipts: $263,879
Assets and Liabilities:
- Total Assets: $1,251,559
- Total Liabilities: $1,436,843
- Net Assets: -$185,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING INC
Revenue
$256,208
OTHER RENTAL INCOME
Revenue
$4,250
Organization Details
Founding Year
1991
Phone
(509) 327-0774Principal Officer
David Tietz
Main Address
1022 W SHANNON, SPOKANE, WA, 99205
NTEE Category
Code: Z99Z - Unknown
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