Overview
What is Seymour Housing Association Inc?
Seymour Housing Association Inc is a nonprofit organization situated in Algona, Iowa. Their primary mission is to offer affordable housing solutions for eligible individuals and families, including the elderly and disabled. They achieve this by setting rent at 30% of the applicant's annual income, while the remaining balance is covered through subsidies from the USDA/Rural Development. With their efforts, Seymour Housing Association Inc has successfully provided secure, low-cost housing for 22 families in the Seymour area.
Is Seymour Housing Association Inc legitimate?
Seymour Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Seymour Housing Association 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: $0
For more financial information, click here
What is the mission statement of Seymour Housing Association Inc?
Seymour Housing Association Inc's mission is centered around providing affordable housing options. Specifically, they aim to offer low-rent housing to eligible individuals, such as the elderly, disabled, and families. The rent for these homes is calculated as 30% of the applicant's annual income, with the remaining balance being subsidized by USDA/Rural Development. This subsidized housing scheme has been instrumental in enabling 22 families to secure safe and affordable living spaces.
Who is the CEO of Seymour Housing Association Inc?
David Maddalozzo is the President of Seymour Housing Association Inc.
What is the revenue of Seymour Housing Association Inc?
Seymour Housing Association Inc's revenue in 2022 was $125,476.
Who are the executives of Seymour Housing Association Inc and what are their salaries?
There 39 volunteers at Seymour Housing Association Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Seymour Housing Association Inc?
Seymour Housing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seymour Housing Association Inc
Seymour Housing Association Inc is committed to providing affordable housing solutions for various groups within the community. Their primary mission is to offer low-rent housing options to the elderly, disabled, and families. The organization bases the rent on 30% of the applicant's annual income, with the remaining balance subsidized by USDA/Rural Development. This subsidized housing has been instrumental in enabling 22 families to secure safe and economical residences. By providing such housing, Seymour Housing Association Inc plays a significant role in ensuring that these vulnerable groups have access to suitable living conditions, thereby enhancing their overall quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Seymour Housing Association Inc has made a significant impact on the community by providing safe and affordable housing for elderly individuals, disabled persons, and families in Seymour, Iowa. By establishing a rent calculation based on 30% of an applicant's yearly income, the organization ensures that housing remains accessible to those in need, with the remainder of the rent subsidized by USDA/Rural Development. This approach has enabled 22 families to secure stable living conditions, fostering a sense of community and improving overall quality of life in the area. Their commitment to offering low-rent housing directly addresses the challenges of affordability, making a crucial difference for vulnerable populations in Seymour.
This information is meant to be a general summary of Seymour Housing Association 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 2022.
- Investment Income: $1
- Program Service Revenue: $125,475
- Gross Receipts: $125,476
Assets and Liabilities:
- Total Assets: $510,344
- Total Liabilities: $118,672
- Net Assets: $391,672
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$121,604
Laundry & Tenant Charges
Revenue
$3,871
Organization Details
Founding Year
1972
Phone
(515) 295-2927Principal Officer
David Maddalozzo
Main Address
PO Box 476, Algona, IA, 50511
NTEE Category
Code: L22 - Housing
If you are a representative of Seymour Housing Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.