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Chamberlain Affordable Housing Inc 715 N Main Street

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

EIN: 260076074 ✦ Chamberlain, SD ✦ Designated as a 501(c)(3)

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Overview

What is Chamberlain Affordable Housing Inc 715 N Main Street?

Chamberlain Affordable Housing Inc, located at 715 N Main Street, is a dedicated nonprofit organization based in Chamberlain, South Dakota. Their primary mission is to provide affordable housing solutions for the city's middle and low-income residents, overseeing a 36-unit apartment complex. They are committed to promoting affordable living standards within the community, ensuring that a wide range of residents have access to suitable housing options.

Is Chamberlain Affordable Housing Inc 715 N Main Street legitimate?

Chamberlain Affordable Housing Inc 715 N Main Street is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chamberlain Affordable Housing Inc 715 N Main Street 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 Chamberlain Affordable Housing Inc 715 N Main Street?

Chamberlain Affordable Housing Inc, through its 36-unit apartment complex, is committed to providing housing opportunities for residents with moderate and low income levels. The organization's mission is centered around making affordable housing a reality for this demographic, contributing significantly to their living situation in an unspecified location. By offering affordable housing, the organization aims to support individuals and families in need, contributing to a more inclusive and equitable community. The specific activities of Chamberlain Affordable Housing Inc revolve around providing a home for those who may otherwise struggle with housing costs.

Who is the CEO of Chamberlain Affordable Housing Inc 715 N Main Street?

Jason Stone is the Secretary/Tr of Chamberlain Affordable Housing Inc 715 N Main Street.

What is the revenue of Chamberlain Affordable Housing Inc 715 N Main Street?

Chamberlain Affordable Housing Inc 715 N Main Street's revenue in 2022 was $289,424.

Who are the executives of Chamberlain Affordable Housing Inc 715 N Main Street and what are their salaries?


Here are 3 key members and their salaries:


Phil Carlson (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Casey (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Stone (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chamberlain Affordable Housing Inc 715 N Main Street?

Chamberlain Affordable Housing Inc 715 N Main Street's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chamberlain Affordable Housing Inc 715 N Main Street

Chamberlain Affordable Housing Inc, a notable organization, is dedicated to providing housing solutions for middle and low-income residents. With a focus on affordability, this nonprofit aims to make a significant impact on the housing landscape. Their mission is to construct and manage a 36-unit apartment complex, offering a home to individuals and families who may otherwise struggle to secure affordable housing. By providing this vital service, Chamberlain Affordable Housing Inc contributes to the well-being and stability of their community, ensuring that all residents have access to a safe and comfortable living environment.

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Impact




October, 2024

Chamberlain Affordable Housing Inc. at 715 N Main Street has a significant impact on the community by providing essential housing for middle and low-income residents in Chamberlain, South Dakota. Through its 36-unit apartment complex, it addresses the critical need for affordable living spaces, ensuring that individuals and families have access to stable and secure housing. This initiative not only enhances the quality of life for its residents but also contributes to the overall economic stability and growth within the community. By focusing on low and moderate income housing, it plays a vital role in promoting inclusivity and helping residents thrive in their everyday lives.




This information is meant to be a general summary of Chamberlain Affordable Housing Inc 715 N Main Street. 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
$289,424 (2022)
Expenses
$264,653 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $243
  • Program Service Revenue: $289,181
  • Gross Receipts: $289,424

Assets and Liabilities:

  • Total Assets: $573,388
  • Total Liabilities: $172,197
  • Net Assets: $401,191

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Programs

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

NET RESIDENT SERVICE REV

Revenue

$273,493

LAUNDRY/TENANT CHARGES

Revenue

$15,688

Organization Details

Founding Year

2003

Principal Officer

Jason Stone

Main Address

PO BOX 66, CHAMBERLAIN, SD, 57325

NTEE Category

Code: L21 - Housing

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