Overview
What is Housing Of Olivia Inc?
Housing Of Olivia Inc, situated in Montevideo, Minnesota, is a dedicated nonprofit organization with a mission to offer affordable housing solutions for the elderly and low-income individuals. Established at 540 1st St, this organization operates with the primary goal of addressing the housing needs of these vulnerable groups in the community. The nonprofit's activities and mission are centered around providing affordable housing, ensuring that these individuals can maintain a stable living environment despite their financial constraints.
Is Housing Of Olivia Inc legitimate?
Housing Of Olivia Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Housing Of Olivia 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: $37,509
For more financial information, click here
What is the mission statement of Housing Of Olivia Inc?
Housing Of Olivia Inc's mission is centered around providing affordable housing solutions. The organization strives to cater to the needs of the elderly and individuals with low income, ensuring they have access to comfortable living spaces. By doing so, Housing Of Olivia Inc aims to contribute positively to their community, providing a vital service that enhances the quality of life for its beneficiaries. The organization's primary goal is to make housing affordable, thus promoting a sense of stability and security for those who might otherwise face housing insecurity.
Who is the CEO of Housing Of Olivia Inc?
Aaron Walton is the President of Housing Of Olivia Inc.
What is the revenue of Housing Of Olivia Inc?
Housing Of Olivia Inc's revenue in 2023 was $236,200.
Who are the executives of Housing Of Olivia Inc and what are their salaries?
There 5 volunteers at Housing Of Olivia Inc.
Here are 5 key members and their salaries:
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- Other: $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
Where can I find the form 990 for Housing Of Olivia Inc?
Housing Of Olivia Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Housing Of Olivia Inc
Housing of Olivia Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and individuals with low income. Their mission is to create an environment where these individuals can reside comfortably and securely. By offering affordable housing options, Housing of Olivia Inc aims to alleviate the financial burden faced by these vulnerable groups, enabling them to focus on other aspects of their lives. The organization's work is instrumental in ensuring that the elderly and low-income individuals have access to safe and affordable living spaces, thereby enhancing their overall quality of life.
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Impact
October, 2024
Housing Of Olivia Inc significantly impacts the community by providing affordable housing solutions for elderly and low-income individuals. By addressing the critical need for accessible housing options, the organization enhances the quality of life for these vulnerable populations in Montevideo, MN. Its commitment to creating safe, affordable living spaces not only alleviates financial strain but also fosters a sense of stability and community for residents. This essential service helps to ensure that those who may struggle to find adequate accommodations due to economic constraints have a place to call home, ultimately contributing to the overall well-being of the community.
This information is meant to be a general summary of Housing Of Olivia 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: $45
- Program Service Revenue: $135,042
- Gross Receipts: $236,200
Assets and Liabilities:
- Total Assets: $645,528
- Total Liabilities: $629,183
- Net Assets: $16,345
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENTS
Revenue
$122,309
TENANT CHARGES
Revenue
$10,256
LAUNDRY AND VENDING INC.
Revenue
$2,477
Organization Details
Founding Year
1970
Phone
(320) 269-6640Principal Officer
Aaron Walton
Main Address
540 1ST ST, MONTEVIDEO, MN, 56265
NTEE Category
Code: L22 - Housing
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