Overview
What is Oelwein Senior Citizens Housing Corporation?
Oelwein Senior Citizens Housing Corporation is a nonprofit organization that specializes in catering to the housing needs of elderly rural residents with low or moderate incomes. Their primary mission involves operating rental units and facilities tailored to these individuals' unique requirements. By doing so, they aim to offer a comfortable living environment for this specific demographic. The corporation operates within the realm of rural communities, demonstrating a commitment to supporting elderly residents in these areas.
Is Oelwein Senior Citizens Housing Corporation legitimate?
Oelwein Senior Citizens Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Oelwein Senior Citizens 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.
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What is the mission statement of Oelwein Senior Citizens Housing Corporation?
The Oelwein Senior Citizens Housing Corporation serves a mission to provide rental housing units and related facilities that cater to the unique needs and living requirements of elderly rural residents with low or moderate income. The organization is committed to offering housing solutions, with the primary objective of facilitating suitable living arrangements for this specific demographic. Their mission is centered around addressing the housing needs of elderly rural residents, ensuring they can live with comfort and dignity.
Who is the CEO of Oelwein Senior Citizens Housing Corporation?
Paul Gray is the President of Oelwein Senior Citizens Housing Corporation.
What is the revenue of Oelwein Senior Citizens Housing Corporation?
Oelwein Senior Citizens Housing Corporation's revenue in 2022 was $243,812.
Who are the executives of Oelwein Senior Citizens Housing Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Oelwein Senior Citizens Housing Corporation?
Oelwein Senior Citizens Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oelwein Senior Citizens Housing Corporation
Oelwein Senior Citizens Housing Corporation is dedicated to providing housing solutions tailored to the unique needs and living requirements of elderly rural residents with modest incomes. This nonprofit organization's mission is to operate rental units and associated facilities, aiming to serve as a home for this specific demographic. Their primary goal is to ensure that elderly rural residents have access to suitable housing options.
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Impact
October, 2024
Oelwein Senior Citizens Housing Corporation plays a crucial role in enhancing the quality of life for elderly residents in rural areas by offering rental housing that meets their unique needs. By providing affordable and accessible living options for low to moderate-income seniors, the organization fosters a supportive community environment that promotes independence and well-being.
The availability of properly designed housing for elderly individuals not only addresses their physical and emotional needs but also prevents isolation, encouraging social interaction among residents. By focusing on the special requirements of seniors, Oelwein Senior Citizens Housing Corporation helps to ensure that these individuals can live with dignity and security in their later years. The impact of this initiative extends beyond just housing; it contributes to the overall health and social fabric of the community by supporting aging residents in maintaining their independence while having access to essential services and companionship.
This information is meant to be a general summary of Oelwein Senior Citizens 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: $641
- Program Service Revenue: $243,171
- Gross Receipts: $243,812
Assets and Liabilities:
- Total Assets: $727,380
- Total Liabilities: $82,510
- Net Assets: $644,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$134,211
RENTAL ASSISTANCE
Revenue
$101,140
LAUNDRY INCOME
Revenue
$6,932
TENANT CHARGES
Revenue
$888
Organization Details
Founding Year
1973
Phone
(319) 334-7110Principal Officer
Paul Gray
Main Address
302 1ST STREET EAST, INDEPENDENCE, IA, 50644
NTEE Category
Code: L22 - Housing
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