AI Summary
ALBION ASSOCIATES is a nonprofit organization dedicated to providing affordable housing for the elderly, focusing on enhancing the quality of life for senior citizens. With an operating budget of $239.6K and total revenue of $246.4K for the filing year 2024, the organization demonstrates a commitment to financial sustainability. ALBION ASSOCIATES does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.
Mission Statement
PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY.
Cause Areas
1
Retirement housing
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is ALBION ASSOCIATES’s budget?
In 2024, ALBION ASSOCIATES reported an annual operating budget of around $240 thousand. More detailed financial information is available to registered users.
What causes does ALBION ASSOCIATES support?
ALBION ASSOCIATES supports work in Retirement housing.
Where does ALBION ASSOCIATES operate?
ALBION ASSOCIATES is headquartered in Albion, ME.
What is ALBION ASSOCIATES’s reliance on government grants?
ALBION ASSOCIATES relied on government grants for more than 65% of their total revenue in 2024.