Audubon Friendship Village

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237364340 ✦ Algona, IA ✦ Designated as a 501(c)(4)

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Overview

What is Audubon Friendship Village?

Audubon Friendship Village is a nonprofit organization committed to offering affordable housing solutions. Situated in Audubon, this entity caters to the elderly, disabled, and families in need. Their mission is to provide secure and economical living options, with residents contributing 30% of their income towards rent. The remaining balance is subsidized by USDA/Rural Development, enabling 29 families to benefit from this service.

Is Audubon Friendship Village legitimate?

Audubon Friendship Village is a legitimate nonprofit organization registered as a 501(c)(4) entity. Audubon Friendship Village submitted a form 990EZ, 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.

What is the mission statement of Audubon Friendship Village?

Audubon Friendship Village's mission is centered around providing affordable housing options. It aims to serve the elderly, disabled, and families in need by allowing them to pay 30% of their income as rent. The remaining portion is subsidized by USDA/Rural Development, thereby enabling 29 families to secure and economical living situations. The organization's primary goal is to make housing more accessible and affordable, thereby providing a sense of security and stability to its residents.

Who is the CEO of Audubon Friendship Village?

Don Heller is the President of Audubon Friendship Village.

What is the revenue of Audubon Friendship Village?

Audubon Friendship Village's revenue in 2022 was $163,202.

Who are the executives of Audubon Friendship Village and what are their salaries?


Here are 3 key members and their salaries:


Don Heller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mathison (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Gilbert (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Audubon Friendship Village?

Audubon Friendship Village's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Audubon Friendship Village

Audubon Friendship Village, a nonprofit organization, is committed to providing affordable housing options for the elderly, disabled, and families. Their mission involves charging applicants 30% of their income as rent, with the remaining portion being subsidized by USDA/Rural Development. This subsidy enables 29 families to secure and maintain economical living conditions within the organization. By offering this service, Audubon Friendship Village strives to make housing more accessible and affordable for those in need.

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Impact




October, 2024

Audubon Friendship Village significantly impacts the community by providing affordable housing options for elderly, disabled individuals, and families in Algona, Iowa. By enabling applicants to pay only 30% of their income as rent—with the remaining costs subsidized—29 families gain access to secure and economical living situations. This not only alleviates financial burdens on low-income households but also fosters a sense of stability and community among residents. The initiative addresses critical housing needs and enhances the quality of life for vulnerable populations in the area.




This information is meant to be a general summary of Audubon Friendship Village. 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.

Revenue
$163,202 (2022)
Expenses
$146,166 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Program Service Revenue: $147,178
  • Gross Receipts: $163,202

Assets and Liabilities:

  • Total Assets: $212,615
  • Total Liabilities: $485,014
  • Net Assets: -$272,399

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Organization Details

Principal Officer

Don Heller

Main Address

PO Box 476, Algona, IA, 50511

NTEE Category

Code: L22 - Housing

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