Overview
What is Parkview Homes Co?
Parkview Homes Co is a nonprofit organization situated in Algona, Iowa, with a primary focus on assisting Otho's elderly, disabled, and families by providing low-cost housing. They calculate rent as 30% of the applicant's annual income and rely on USDA/Rural Development to cover the remaining amount. Through this initiative, 24 families have secured safe and affordable dwellings. The organization is dedicated to serving the needs of the community in Otho, enhancing their living conditions and promoting a sense of security.
Is Parkview Homes Co legitimate?
Parkview Homes Co is a legitimate nonprofit organization registered as a 501(c)(4) entity. Parkview Homes Co 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 Parkview Homes Co?
Parkview Homes Co is dedicated to providing affordable housing for eligible individuals, including the elderly, disabled, and families. They calculate rent based on 30% of the applicant's annual income, with the remaining amount subsidized by USDA/Rural Development. As a result, the organization has helped 24 families secure safe and affordable housing. While Parkview Homes Co is located in Algona, Iowa, its primary focus is on serving those in need in the nearby town of Otho. The organization's mission is to make housing accessible and affordable for those who might otherwise struggle to find suitable accommodations.
Who is the CEO of Parkview Homes Co?
Alice Smith-Watters is the President of Parkview Homes Co.
What is the revenue of Parkview Homes Co?
Parkview Homes Co's revenue in 2022 was $130,109.
Who are the executives of Parkview Homes Co and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Parkview Homes Co?
Parkview Homes Co's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Parkview Homes Co
Parkview Homes Co, a non-profit organization, is dedicated to providing affordable housing for individuals who are elderly, disabled, and families. Their mission is fulfilled by offering low-rent apartments in Otho, Iowa. The rent is calculated as a percentage of the applicant's annual income, with the remaining amount being subsidized by USDA/Rural Development. As a result of Parkview Homes Co's efforts, 24 families have secured safe and affordable housing. Despite being based in Algona, Iowa, the organization's primary focus remains on serving those in need within the Otho community.
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Impact
October, 2024
Parkview Homes Co plays a crucial role in providing affordable housing in Otho, Iowa, particularly benefiting the elderly, disabled, and families in need. By offering low rent housing options that are capped at 30% of an applicant's yearly income, it ensures that financial barriers are minimized for those who may struggle to afford safe living conditions.
With the support from USDA/Rural Development to subsidize the remaining housing costs, Parkview Homes has successfully helped 24 families find stable and secure homes. This initiative not only addresses immediate housing needs but also contributes to the overall well-being of the community by fostering a stable living environment. The organization's focus on Otho allows it to effectively target and support the local population that may otherwise lack access to affordable housing solutions.
This information is meant to be a general summary of Parkview Homes Co. 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: $37
- Program Service Revenue: $127,441
- Gross Receipts: $130,109
Assets and Liabilities:
- Total Assets: $285,075
- Total Liabilities: $93,773
- Net Assets: $191,302
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Organization Details
Phone
(515) 295-2927Principal Officer
Alice Smith-Watters
Main Address
PO Box 476, Algona, IA, 50511
NTEE Category
Code: L22 - Housing
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