Overview
What is Marion Street Apartments Inc?
Marion Street Apartments Inc is a nonprofit organization established with the purpose of acquiring and managing a 24-unit apartment complex, catering to lower-income families and individuals. Located in Portland, Oregon, this organization is dedicated to providing affordable housing solutions. The mission of Marion Street Apartments Inc is to ensure that these housing units are well-maintained and accessible, contributing positively to the community.
Official website here: www.reachcdc.org
Is Marion Street Apartments Inc legitimate?
Marion Street Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion Street 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: $0
For more financial information, click here
Official website here: www.reachcdc.org
What is the mission statement of Marion Street Apartments Inc?
Marion Street Apartments Inc. is committed to acquiring and managing a 24-unit apartment complex, catering to lower-income families and individuals. Their mission is to provide affordable housing solutions, aiming to contribute positively to the community by offering a residential space for those in need. The organization's activities are centered around operating and maintaining this apartment complex to ensure it remains a viable and comfortable living option for its residents.
Official website here: www.reachcdc.org
Who is the CEO of Marion Street Apartments Inc?
Margaret Salazar is the CEO of Marion Street Apartments Inc The CEO's salary of Marion Street Apartments Inc is $0 and their total compensation is $31,855.
Official website here: www.reachcdc.org
What is the revenue of Marion Street Apartments Inc?
Marion Street Apartments Inc's revenue in 2023 was $254,273.
Official website here: www.reachcdc.org
Who are the executives of Marion Street Apartments Inc and what are their salaries?
There 16 volunteers at Marion Street Apartments Inc.
Here are 19 key members and their salaries (Marion Street Apartments Inc's CEO's salary is $0 and their total compensation is $31,855):
- Compensation: $0
- Related: $176,403
- Other: $27,042
- Compensation: $0
- Related: $145,966
- Other: $10,769
- Compensation: $0
- Related: $29,276
- Other: $2,579
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.reachcdc.org
Where can I find the form 990 for Marion Street Apartments Inc?
Marion Street Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.reachcdc.org
Learn more at the official website: www.reachcdc.org
Mission Statement of Marion Street Apartments Inc
Marion Street Apartments Inc, as established, is dedicated to acquiring and managing a 24-unit apartment complex aimed at providing affordable housing for lower-income families and individuals. The organization's mission is to offer a safe and secure living environment for those who may not otherwise have access to such facilities, thereby contributing to the betterment of their living conditions. By acquiring and operating this apartment complex, Marion Street Apartments Inc seeks to make a positive impact on the community, providing a much-needed resource for those in need of affordable housing.
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Impact
October, 2024
Marion Street Apartments Inc plays a crucial role in addressing the housing needs of lower-income families and individuals in Portland, Oregon. By acquiring and operating a 24-unit apartment complex, it provides essential affordable housing options that enhance the stability and quality of life for its residents. This initiative directly contributes to reducing homelessness and ensuring that individuals and families have access to safe, secure living environments.
The impact of Marion Street Apartments extends beyond mere housing; it fosters a sense of community among residents, which is vital for social cohesion and support systems. By enabling access to affordable living spaces, the organization empowers individuals and families, allowing them to allocate resources toward education, health care, and personal development. Overall, Marion Street Apartments Inc significantly improves the local housing landscape, making a positive and lasting difference in the lives of its residents.
This information is meant to be a general summary of Marion Street 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9,022
- Program Service Revenue: $88,942
- Gross Receipts: $254,273
Assets and Liabilities:
- Total Assets: $956,024
- Total Liabilities: $101,476
- Net Assets: $854,548
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$88,942
Organization Details
Founding Year
1996
Principal Officer
Margaret Salazar
Website
www.reachcdc.orgNTEE Category
Code: L80 - Housing
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