Pine Lake Housing Inc

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

EIN: 237416407 ✦ Eldora, IA ✦ Designated as a 501(c)(4)

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Overview

What is Pine Lake Housing Inc?

Pine Lake Housing Inc is a nonprofit organization located in Eldora, Iowa, dedicated to providing affordable housing options for individuals with limited income, specifically catering to the elderly and disabled tenants. They operate as a housing support service, offering a rental residence to those in need. Their mission encompasses not just offering accommodation but also extends to providing supportive programs tailored to the unique needs of their elderly and disabled residents.

Is Pine Lake Housing Inc legitimate?

Pine Lake Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Pine Lake Housing 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 Pine Lake Housing Inc?

Pine Lake Housing Inc is dedicated to providing rental housing options for individuals with low income, focusing particularly on the elderly and disabled tenants. Acting as a housing support service, the organization aims to offer programs that cater to the specific needs of its tenant base, promoting an inclusive living environment. By providing affordable housing and tailored programs, Pine Lake Housing Inc seeks to enhance the quality of life for its tenants with low income and special needs.

Who is the CEO of Pine Lake Housing Inc?

Mike Crosser is the Principal Officer of Pine Lake Housing Inc.

What is the revenue of Pine Lake Housing Inc?

Pine Lake Housing Inc's revenue in 2022 was $157,744.

Who are the executives of Pine Lake Housing Inc and what are their salaries?


Here are 7 key members and their salaries:


John Stonebraker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Schwarck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Teske (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Claypool (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Portz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Stansbury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pine Lake Housing Inc?

Pine Lake Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pine Lake Housing Inc

Pine Lake Housing Inc is dedicated to providing rental housing options for individuals with low income, with a particular focus on supporting elderly and disabled tenants. Acting as a housing support service, this nonprofit organization aims to make a positive impact in the lives of its residents by offering specialized programs tailored to their needs. By offering affordable housing and additional support services, Pine Lake Housing Inc strives to empower its tenants and enhance their overall quality of life.

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Impact




October, 2024

Pine Lake Housing Inc significantly impacts the Eldora, IA community by providing essential rental housing solutions for low-income individuals and families. By focusing on affordable housing options, it helps residents secure stable living environments, which is crucial for their overall well-being.

The organization also specifically supports elderly and disabled tenants, ensuring that vulnerable populations have access to appropriate housing and services tailored to their needs. This dedicated approach not only fosters a sense of community but also enhances the quality of life for these residents by alleviating housing insecurity and promoting independence.

Through its commitment to affordable rental housing and support programs, Pine Lake Housing Inc plays a vital role in improving the socio-economic conditions of the area, contributing to a stronger, more inclusive community in Eldora.




This information is meant to be a general summary of Pine Lake Housing 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.

Revenue
$157,744 (2022)
Expenses
$173,698 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $33
  • Program Service Revenue: $127,974
  • Gross Receipts: $157,744

Assets and Liabilities:

  • Total Assets: $213,451
  • Total Liabilities: $119,955
  • Net Assets: $93,496

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INCOME

Revenue

$123,300

LAUNDRY INCOME

Revenue

$4,673

MISC INCOME
rounding

Revenue

$1

Organization Details

Founding Year

1976

Principal Officer

Mike Crosser

Main Address

P O BOX 265, ELDORA, IA, 50627

NTEE Category

Code: L22 - Housing

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