Carmel Residence Inc

Carmel Residence Inc is a nonprofit organization classified under section 501(c)(3) of the Internal Revenue Code, located in Oshkosh, Wisconsin, United States. The organization provides housing services focused on independent living accommodations primarily targeted at aging individuals. It operates 70 independent living units dedicated to offering quality care within a Christian environment.

Mission and Services

Carmel Residence Inc is committed to supporting aging persons by providing a residential community that fosters independence while maintaining a high standard of care. Its services emphasize a faith-based setting designed to meet the spiritual and social needs of its residents. The organization’s core program revolves around managing and maintaining its independent living units to ensure safety, comfort, and quality of life for its occupants.

Organizational Structure and Affiliation

As a subordinate organization within an affiliated group for tax-exemption purposes, Carmel Residence Inc functions under the regulatory framework governing nonprofit entities. It holds tax-exempt status under IRS code 501(c)(3), reflecting its charitable mission and compliance with nonprofit operational standards.

Financial Overview

According to publicly available filings, Carmel Residence Inc has reported assets exceeding one million dollars, with annual revenues surpassing $500,000. The organization’s financial resources primarily derive from program service revenues, supporting the operational costs of running its independent living facilities. It maintains liabilities at a relatively modest level in comparison to its assets, indicative of prudent fiscal management.

Community Impact

The organization plays a significant role in the Oshkosh community by providing housing options tailored for senior citizens desiring autonomy coupled with support. By integrating quality care with a Christian ethos, Carmel Residence Inc addresses both the physical and spiritual well-being of its residents, contributing to the social fabric of the local community.

See Also

• Nonprofit organizations in Wisconsin
• Senior living communities in the United States

References

• Carmel Residence Inc profile, Nonprofit Explorer, ProPublica.
• Carmel Residence, Cause IQ.
• Carmel Residence Inc, Intellispect.
• Carmel Residence Inc, TaxExemptWorld.