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Elder Services Inc

Muldoon Manor

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

EIN: 920157359 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Elder Services Inc?

Elder Services Inc, operating under the name Muldoon Manor, is a nonprofit organization situated in Portland, Oregon. Their primary mission is to provide affordable housing solutions for elderly individuals and other low-income families, benefiting approximately 19 residents. By offering housing opportunities, they contribute significantly to the well-being of this vulnerable population. The organization's activities are centered around this mission, ensuring that affordable housing remains accessible for those in need.

Is Elder Services Inc legitimate?

Elder Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elder Services 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: $41,297

For more financial information, click here

What is the mission statement of Elder Services Inc?

Elder Services Inc is dedicated to providing affordable housing solutions for elderly individuals and families falling under the low-income bracket. Their mission is centered around ensuring that a considerable number of about 19 individuals and families have access to reasonably priced housing options. This mission is carried out through their housing initiatives, ultimately benefiting the elderly community and those in financial need.

Who is the CEO of Elder Services Inc?

Richard Henningsen is the President of Elder Services Inc.

What is the revenue of Elder Services Inc?

Elder Services Inc's revenue in 2023 was $252,795.

Who are the executives of Elder Services Inc and what are their salaries?


Here are 4 key members and their salaries:


Barbara Henningsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Henningsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dora Soria (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Varner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elder Services Inc?

Elder Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Elder Services Inc

Elder Services Inc, as its mission statement suggests, is committed to providing affordable housing for elderly individuals and other low-income families. This mission is carried out by offering affordable housing solutions, benefiting approximately 19 individuals and families. The organization's primary focus is on serving the elderly, recognizing the unique needs and challenges they often face. By providing affordable housing, Elder Services Inc aims to contribute to the well-being and dignity of its residents, enabling them to live independently and comfortably. The organization's mission reflects a commitment to social justice and equity, ensuring that housing is accessible and affordable for all, regardless of income.

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Impact




October, 2024

Elder Services Inc plays a crucial role in addressing the housing needs of elderly individuals and low-income residents in Portland, Oregon. By providing affordable housing options, the organization positively impacts approximately 19 individuals and families, ensuring that they have a stable and secure living environment. This support not only enhances their quality of life but also fosters a sense of community and belonging. The focus on affordable housing helps alleviate the financial burdens faced by vulnerable populations, allowing them to prioritize their health and well-being while maintaining their independence.




This information is meant to be a general summary of Elder Services 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
$252,795 (2023)
Expenses
$291,520 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $53
  • Program Service Revenue: $252,742
  • Gross Receipts: $252,795

Assets and Liabilities:

  • Total Assets: $1,184,138
  • Total Liabilities: $2,448,708
  • Net Assets: -$1,264,570

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Programs

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

RENTS FOR LOW INCOME HOUSING

Revenue

$251,842

LAUNDRY AND VENDING

Revenue

$895

OTHER REVENUE

Revenue

$5

Organization Details

Founding Year

1996

Principal Officer

Richard Henningsen

Main Address

1625 SE LAFAYETTE, PORTLAND, OR, 97202

NTEE Category

Code: L20 - Housing

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