Deerwood Housing Inc

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

EIN: 237428328 ✦ Deerwood, MN ✦ Designated as a 501(c)(4)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Deerwood Housing Inc?

Deerwood Housing Inc is a nonprofit organization dedicated to providing housing solutions for individuals with low incomes. The organization's primary objective, as stated in the provided information, is to offer housing services. While the description provided is brief, it suggests that Deerwood Housing Inc plays a crucial role in addressing housing needs for individuals who may otherwise struggle to find affordable housing options. By offering housing solutions, this nonprofit contributes to improving living conditions and fostering stability for those in need.

Is Deerwood Housing Inc legitimate?

Deerwood Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Deerwood 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: $33,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,063

For more financial information, click here

What is the mission statement of Deerwood Housing Inc?

Deerwood Housing Inc's primary mission is to provide housing solutions for individuals with low income. This organization is dedicated to making a difference in people's lives by offering them a place to reside. While the provided information is limited, it is evident that Deerwood Housing Inc focuses on housing as a fundamental need for those who may not have the means to secure it independently. The organization's activities likely revolve around finding, managing, and maintaining affordable housing units for eligible individuals. By providing housing, Deerwood Housing Inc aims to contribute to the overall well-being and stability of its residents, allowing them to focus on other essential aspects of their lives.

Who is the CEO of Deerwood Housing Inc?

Troy Edmundson is the Executive Di of Deerwood Housing Inc.

What is the revenue of Deerwood Housing Inc?

Deerwood Housing Inc's revenue in 2022 was $189,341.

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

The average compensation at Deerwood Housing Inc during 2022 was $12,430. There are 4 employees at Deerwood Housing Inc.


Here are 6 key members and their salaries:


Judy Steinke (Executive Di)
  • Compensation: $27,057
  • Related: $0
  • Other: $0
Troy Edmundson (President)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Jan Habighorst (Treasurer)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Myron Midthun (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Brenda Stirewalt (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Pat Vang (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Deerwood Housing Inc?

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

Mission Statement of Deerwood Housing Inc

Deerwood Housing Inc is committed to providing housing solutions for individuals with low income. Their mission is centered around offering a home to those who may not be able to afford one otherwise. By doing so, Deerwood Housing Inc aims to contribute to a more equitable society where everyone has access to a place they can call their own. The organization's work is essential in ensuring that individuals who are financially disadvantaged are not left homeless or without a stable housing situation. By providing housing, Deerwood Housing Inc is not only addressing a basic human need but also contributing to the overall well-being and stability of the individuals and communities they serve.

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

Deerwood Housing Inc plays a vital role in addressing the housing needs of low-income individuals in Deerwood, MN. By providing affordable housing options, it helps to alleviate the challenges faced by those struggling to secure stable and safe living environments. This organization contributes significantly to the community by enhancing residents' quality of life, promoting stability, and fostering a sense of belonging. Through its efforts, Deerwood Housing Inc not only offers shelter but also supports the broader goal of economic development and social well-being in the region. The impact of its services extends beyond mere housing, as it helps individuals and families regain a sense of hope and progress towards a better future.




This information is meant to be a general summary of Deerwood 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
$189,341 (2022)
Expenses
$285,677 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $306
  • Program Service Revenue: $157,134
  • Gross Receipts: $189,341

Assets and Liabilities:

  • Total Assets: $561,862
  • Total Liabilities: $325,416
  • Net Assets: $236,446

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.

TENANT RENTS

Revenue

$149,439

LAUNDRY/VENDING

Revenue

$5,554

TENANT CHARGES

Revenue

$1,569

APPLICATION FEES

Revenue

$572

Organization Details

Founding Year

1977

Principal Officer

Troy Edmundson

Main Address

PO BOX 76, DEERWOOD, MN, 56444

NTEE Category

Code: L22 - Housing

If you are a representative of Deerwood Housing 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.