Overview
What is Denmark Non-Profit Housing Corporation?
Denmark Non-Profit Housing Corporation, also known as Danish Villas, is a nonprofit organization situated in Denmark, Wisconsin. Their primary mission is to provide affordable housing for low and moderate income populations. They own and operate a 44-unit senior housing apartment community, with rents subsidized by the USDA Rural Development. This housing community aims to improve living conditions and promote stability for this specific demographic in the area.
Is Denmark Non-Profit Housing Corporation legitimate?
Denmark Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Denmark Non-Profit 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Denmark Non-Profit Housing Corporation?
The Denmark Non-Profit Housing Corporation is dedicated to providing subsidized housing for individuals with low and moderate income levels. This mission is carried out through the ownership and operation of affordable housing communities, such as a 44-unit senior apartment complex located in Denmark, Wisconsin. The rents in these communities are subsidized by the USDA Rural Development program. The corporation aims to contribute to the housing needs of those who may otherwise struggle to afford adequate housing.
Who is the CEO of Denmark Non-Profit Housing Corporation?
Milton Bielinski is the President of Denmark Non-Profit Housing Corporation.
What is the revenue of Denmark Non-Profit Housing Corporation?
Denmark Non-Profit Housing Corporation's revenue in 2022 was $254,586.
Who are the executives of Denmark Non-Profit Housing Corporation and what are their salaries?
There 7 volunteers at Denmark Non-Profit Housing Corporation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Denmark Non-Profit Housing Corporation?
Denmark Non-Profit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Denmark Non-Profit Housing Corporation
Denmark Non-Profit Housing Corporation is dedicated to providing subsidized housing for individuals and families with low and moderate incomes. This nonprofit organization's mission is to ensure that affordable housing is accessible to those who need it most. To achieve this, they own and operate a 44-unit senior housing apartment community in an unspecified location. The rents in this community are subsidized by the USDA Rural Development, making it an affordable housing option for eligible residents. By providing subsidized housing, Denmark Non-Profit Housing Corporation plays a crucial role in addressing housing affordability issues and contributing to the well-being of its community members.
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Impact
October, 2024
The Denmark Non-Profit Housing Corporation plays a vital role in enhancing the quality of life for low and moderate-income populations in Denmark, WI, by providing access to subsidized housing. By owning and operating a 44-unit affordable senior housing apartment community, it ensures that seniors have a safe and stable living environment that meets their needs.
The organization's focus on affordability enables tenants to benefit from reduced rents, which are subsidized by USDA Rural Development. This financial support alleviates the burden of housing costs, allowing residents to allocate their limited resources toward other essential needs such as healthcare, transportation, and food.
By fostering a community for seniors, the organization not only addresses housing insecurity but also promotes social interaction and support among residents, contributing to their overall well-being. Ultimately, the Denmark Non-Profit Housing Corporation is instrumental in creating a sustainable and inclusive housing solution that addresses the challenges faced by vulnerable populations in the area.
This information is meant to be a general summary of Denmark Non-Profit 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: $523
- Program Service Revenue: $218,736
- Gross Receipts: $254,586
Assets and Liabilities:
- Total Assets: $1,240,566
- Total Liabilities: $2,000,097
- Net Assets: -$759,531
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$181,557
TENANT ASSISTANCE PAYM
Revenue
$34,488
SENIOR CENTER
Revenue
$2,691
Organization Details
Founding Year
1974
Phone
(920) 863-6643Principal Officer
Milton Bielinski
Main Address
160 HIGHRIDGE AVENUE, DENMARK, WI, 54208
NTEE Category
Code: L22 - Housing
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