Overview
What is Marthas Terrace Housing Corporation?
Martha's Terrace Housing Corporation is a nonprofit organization situated in Salt Lake City, Utah. Their primary mission is to offer housing solutions for elderly and handicapped individuals who are income-restricted. They operate a 30-unit housing project that serves as a safe and comfortable living space for this specific demographic. The corporation's activities are centered around providing low-income housing, ensuring the well-being and comfort of the elderly and handicapped individuals who call this project home.
Is Marthas Terrace Housing Corporation legitimate?
Marthas Terrace Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marthas Terrace Housing Corporation 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: $20,888
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What is the mission statement of Marthas Terrace Housing Corporation?
The Marthas Terrace Housing Corporation is committed to providing low-income housing for elderly and handicapped individuals. This mission is embodied in their operations, as they manage a 30-unit housing project specifically designed for this demographic. The corporation's primary goal is to offer a living space that is accessible and affordable for those who might otherwise struggle with housing. By providing this service, the corporation aims to contribute to the well-being and independence of these individuals, allowing them to live with dignity and security.
Who is the CEO of Marthas Terrace Housing Corporation?
Marion Wiley is the President of Marthas Terrace Housing Corporation.
What is the revenue of Marthas Terrace Housing Corporation?
Marthas Terrace Housing Corporation's revenue in 2022 was $316,176.
Who are the executives of Marthas Terrace Housing Corporation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Marthas Terrace Housing Corporation?
Marthas Terrace Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marthas Terrace Housing Corporation
Martha's Terrace Housing Corporation is committed to providing low-income housing for elderly and handicapped individuals. This nonprofit organization operates a 30-unit housing project specifically designed for this vulnerable population. The mission of Martha's Terrace Housing Corporation is to ensure that elderly and handicapped individuals have a secure and affordable living space, thereby enhancing their quality of life.
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Impact
October, 2024
Martha's Terrace Housing Corporation plays a vital role in addressing the housing needs of elderly and handicapped individuals in Salt Lake City, Utah. By operating a 30-unit low-income housing project, it provides essential support and a safe living environment for some of the most vulnerable members of the community. The focus on accessible housing allows these individuals not only to find shelter but also to foster a sense of belonging and stability. This initiative contributes significantly to improving the quality of life for residents, ensuring they have a secure place to call home, which can enhance their overall well-being and independence.
This information is meant to be a general summary of Marthas Terrace Housing Corporation. 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: $95
- Program Service Revenue: $95,974
- Gross Receipts: $316,176
Assets and Liabilities:
- Total Assets: $779,281
- Total Liabilities: $1,176,962
- Net Assets: -$397,681
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$95,035
OTHER TENANT CHARGES
Revenue
$939
Organization Details
Founding Year
1984
Principal Officer
Marion Wiley
Main Address
223 WEST 700 SOUTH, SALT LAKE CITY, UT, 84101
NTEE Category
Code: L22Z - Housing
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