Overview
What is Witherspoon Court Inc?
Witherspoon Court Inc, a nonprofit organization based in Cottage Grove, Oregon, was established with the mission to provide affordable housing solutions for low-income individuals. Since 1997, they have successfully completed and occupied a 20-unit housing complex named Witherspoon Court Apartments. The organization, being the sole owner of 1390 Pennoyer Avenue LLC, manages and operates this housing facility, offering a charitable service to its qualified residents. Witherspoon Court Inc's dedication to affordable housing contributes positively to the community, ensuring that all individuals, regardless of their financial situation, have a place to call home.
Is Witherspoon Court Inc legitimate?
Witherspoon Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Witherspoon Court 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: $25,134
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What is the mission statement of Witherspoon Court Inc?
Witherspoon Court Inc, as a non-profit organization, is dedicated to providing affordable housing on a charitable basis to low-income individuals and families. Established in 1997, they completed the construction of a 20-unit housing complex in Cottage Grove, Oregon, which has since been fully occupied by qualified residents. The organization owns and operates this complex through its subsidiary, 1390 Pennoyer Avenue LLC. In essence, Witherspoon Court Inc's mission is centered around offering affordable living spaces to those in need, contributing to a more inclusive and equitable housing landscape.
Who is the CEO of Witherspoon Court Inc?
Jim Gant is the President of Witherspoon Court Inc.
What is the revenue of Witherspoon Court Inc?
Witherspoon Court Inc's revenue in 2022 was $133,513.
Who are the executives of Witherspoon Court Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Witherspoon Court Inc?
Witherspoon Court Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Witherspoon Court Inc
Witherspoon Court Inc, a non-profit organization, is committed to providing housing on a charitable basis for low-income individuals and families. Established with the intention of developing affordable rental apartments, Witherspoon Court Inc has been successful in this endeavor, completing a 20-unit complex in Oregon and ensuring it has been fully occupied by eligible residents since its completion in 1997. The organization demonstrates its dedication to this cause by being the 100% owner of 1390 Pennoyer Avenue LLC, the entity responsible for operating the rental apartments. Consequently, Witherspoon Court Inc plays a pivotal role in making affordable housing a reality for those in need.
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Impact
October, 2024
Witherspoon Court Inc significantly enhances the community of Cottage Grove, Oregon, by providing affordable housing options for low-income individuals and families. Its establishment of the Witherspoon Court Apartments, a 20-unit complex completed in 1997, has addressed a critical need for accessible housing in the area. By ensuring that these units are fully occupied by qualified residents, the organization plays a vital role in fostering stability and a sense of community among its tenants.
The impact extends beyond mere shelter; it contributes to improved quality of life for residents who might otherwise struggle to find adequate housing. This initiative also supports broader social goals by alleviating housing insecurity, which can have positive ripple effects on health, education, and economic well-being in the community. By focusing on this essential service, Witherspoon Court Inc establishes itself as a cornerstone of support for low-income households, promoting inclusive and sustainable community development in Cottage Grove.
This information is meant to be a general summary of Witherspoon Court 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 2022.
- Investment Income: $17,585
- Program Service Revenue: $115,928
- Gross Receipts: $133,513
Assets and Liabilities:
- Total Assets: $365,536
- Total Liabilities: $12,189
- Net Assets: $353,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY INCOME
Revenue
$2,385
TENANT RENT
Revenue
$113,543
Organization Details
Founding Year
1994
Phone
(541) 942-4479Principal Officer
Jim Gant
Main Address
216 SOUTH 3RD STREET, COTTAGE GROVE, OR, 97424
NTEE Category
Code: L20 - Housing
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