Overview
What is Newburg Retirement Center Inc?
Newburg Retirement Center Inc is a nonprofit organization that provides affordable housing options for low-income and handicapped individuals. With the support of the Department of Housing and Urban Development's Section 8 funding, the center offers 30 rental units, fulfilling its mission to cater to this specific demographic. The center's purpose is to offer a secure living environment and contribute to the well-being of its residents.
Is Newburg Retirement Center Inc legitimate?
Newburg Retirement Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newburg Retirement Center 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.
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What is the mission statement of Newburg Retirement Center Inc?
Newburg Retirement Center Inc., as part of its mission, provides 30 subsidized rental units through the Department of Housing and Urban Development's Section 8 funding. This housing is specifically designed to cater to the needs of low-income and handicapped individuals. The center's primary goal is to offer a living space that is accessible and affordable for those who may otherwise struggle to secure suitable housing due to their financial or physical circumstances. By providing this service, Newburg Retirement Center Inc. contributes to the well-being of its residents, ensuring they have a secure and comfortable living environment.
Who is the CEO of Newburg Retirement Center Inc?
Gary Markegard is the President of Newburg Retirement Center Inc.
What is the revenue of Newburg Retirement Center Inc?
Newburg Retirement Center Inc's revenue in 2022 was $26,212.
Who are the executives of Newburg Retirement Center Inc and what are their salaries?
There are 3 employees at Newburg Retirement Center Inc.
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Where can I find the form 990 for Newburg Retirement Center Inc?
Newburg Retirement Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newburg Retirement Center Inc
Newburg Retirement Center Inc, as a nonprofit organization, is dedicated to providing affordable housing options for low-income and handicapped individuals. With the support of the Department of Housing and Urban Development's Section 8 funding, the center offers 30 rental units as part of its mission. This commitment to social welfare ensures that vulnerable individuals have access to safe and comfortable living spaces, thereby contributing to a more inclusive community. By catering to this specific demographic, Newburg Retirement Center Inc plays a significant role in promoting equality and independent living for those who might otherwise struggle to secure adequate housing.
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Impact
August, 2024
Newburg Retirement Center Inc provides crucial housing support for low-income and handicapped individuals in Fortuna, California. By offering 30 rental units subsidized by the Department of Housing and Urban Development Section 8 funding, Newburg Retirement Center plays a vital role in ensuring that these vulnerable populations have access to affordable and suitable housing. This impact is significant as it directly improves the quality of life and well-being of those who may otherwise struggle to find adequate housing options.
This information is meant to be a general summary of Newburg Retirement Center 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: $366
- Gross Receipts: $340,086
Assets and Liabilities:
- Total Assets: $912,578
- Total Liabilities: $1,079,295
- Net Assets: -$166,717
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Organization Details
Founding Year
1983
Phone
(707) 725-5923Principal Officer
Gary Markegard
Main Address
2130 SMITH LANE 24, FORTUNA, CA, 95540
NTEE Category
Code: L22 - Housing
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