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Housing Now Inc

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

EIN: 271385143 ✦ Klamath falls, OR ✦ Designated as a 501(c)(3)

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Overview

What is Housing Now Inc?

Housing Now Inc, situated in Klamath Falls, Oregon, serves as a nonprofit organization dedicated to addressing the housing needs of the community. Their primary mission is to provide low-income families with subsidized housing opportunities. Specifically, they offer 59 units of housing, enabling 59 families to pay only 30% of their income towards rent. This initiative aims to ensure that low-income families have access to secure housing within their means. The organization's activities are centered around this mission, contributing positively to the local community.

Is Housing Now Inc legitimate?

Housing Now Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Now 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: $60,901

For more financial information, click here

What is the mission statement of Housing Now Inc?

Housing Now Inc's mission is centered around providing housing opportunities for low-income families. The organization strives to make a significant impact in the community by offering subsidized housing. Specifically, Housing Now Inc. has managed to provide 59 units of housing, enabling 59 families to afford rent, paying only 30% of their income towards it. This mission serves to alleviate housing-related challenges for these families, contributing to a more stable living environment.

Who is the CEO of Housing Now Inc?

Ann Malfavon is the Director of Housing Now Inc.

What is the revenue of Housing Now Inc?

Housing Now Inc's revenue in 2022 was $420,695.

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


Here are 7 key members and their salaries:


Rick Sonerholm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Boivin (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Hirche (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Gisriel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tessa Gutierrez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheri Sandberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Housing Now Inc?

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

Mission Statement of Housing Now Inc

Housing Now Inc, a nonprofit organization, is dedicated to providing low-income housing opportunities to the community. Their mission is to house 59 families who fall under this category, ensuring that they pay only 30% of their income towards rent. By offering subsidized housing, Housing Now Inc aims to make a significant impact on the lives of these families, providing them with a stable living environment. This commitment to affordable housing not only improves the living conditions of these families but also contributes to the broader community by promoting social equality and stability. The organization's work is instrumental in addressing the housing needs of low-income families, thereby contributing to a more inclusive and equitable society.

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Impact




October, 2024

Housing Now Inc significantly impacts the community in Klamath Falls, Oregon, by providing 59 units of subsidized housing, enabling 59 families to secure stable living situations. By ensuring that these families only pay 30 percent of their income towards rent, the organization alleviates the financial burden of housing costs, allowing residents to allocate their resources toward other essential needs such as education, healthcare, and food. This initiative fosters a sense of stability and security for low-income families, contributing to their overall well-being and enhancing the quality of life within the community. Through its efforts to create housing opportunities, Housing Now Inc plays a critical role in addressing housing insecurity and promoting socioeconomic resilience among vulnerable populations in the area.




This information is meant to be a general summary of Housing Now 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
$420,695 (2022)
Expenses
$225,391 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $618,231

Assets and Liabilities:

  • Total Assets: $1,493,206
  • Total Liabilities: $71,188
  • Net Assets: $1,422,018

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Organization Details

Founding Year

2021

Principal Officer

Ann Malfavon

Main Address

1445 AVALON ST, KLAMATH FALLS, OR, 976034489

NTEE Category

Code: L21 - Housing

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