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Prairie Inn Corporation

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

EIN: 300179838 ✦ Valley city, ND ✦ Designated as a 501(c)(3)

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Overview

What is Prairie Inn Corporation?

Prairie Inn Corporation is a nonprofit organization situated in Valley City, North Dakota, specifically at 129 3rd Avenue NE. Their primary focus is to cater to the housing needs of individuals with disabilities. With the aid of the HUD, they develop and manage low-income housing. The organization provides residential services to 13 such individuals, offering assistance with medication administration, shopping, household duties, and financial management when required. Their mission is to ensure that individuals with disabilities have access to affordable housing, thereby enhancing their quality of life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating.

Prairie Inn Corporation has demonstrated strong accountability and financial management, achieving a 94% score, which has earned it a Four-Star rating from Charity Navigator. This rating reflects that the organization adheres to high standards of transparency and ethical governance, as evidenced by its 100% independent board members and the implementation of essential policies like conflict of interest and whistleblower protections.

With a program expense ratio of 77.70%, Prairie Inn Corporation effectively allocates a significant portion of its budget to its programs, indicating a commitment to its mission. The organization has also maintained a solid financial footing, with a low liabilities to assets ratio of 1.41%. Such financial health suggests that the nonprofit is well-positioned to sustain its operations and impact.

While the data highlights the organization's strengths, it is important for potential donors to consider the broader context of its programs and community impact. Overall, Prairie Inn Corporation stands out as a trustworthy nonprofit with robust governance and efficient use of resources.


This AI summary has been generated from information found on Charity Navigator.

Is Prairie Inn Corporation legitimate?

Prairie Inn Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie Inn Corporation 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 Prairie Inn Corporation?

The Prairie Inn Corporation's mission is centered around providing housing for individuals with disabilities. This mission is carried out by developing affordable housing with the aid of HUD, catering to the housing needs in various areas. The corporation offers residential services within this housing, providing assistance with daily tasks such as medication administration, shopping, and household duties, as well as financial support when required. The goal is to enhance the living conditions for 13 individuals with disabilities, ensuring they have access to necessary services.

Who is the CEO of Prairie Inn Corporation?

Mary Simonson is the President of Prairie Inn Corporation.

What is the revenue of Prairie Inn Corporation?

Prairie Inn Corporation's revenue in 2022 was $68,948.

Who are the executives of Prairie Inn Corporation and what are their salaries?

There 11 volunteers at Prairie Inn Corporation.


Here are 14 key members and their salaries:


William Cook (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Myers (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Nelson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Buhr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Goven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Pederson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Kohler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Diede (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Owen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Simonson (Executive Director)
  • Compensation: $0
  • Related: $202,444
  • Other: $880
Marcy Svenningsen (Finance Director (Until Feb 22))
  • Compensation: $0
  • Related: $76,846
  • Other: $5,183
Josh Plecity (Finance Director (Start Oct 21))
  • Compensation: $0
  • Related: $12,458
  • Other: $0
Where can I find the form 990 for Prairie Inn Corporation?

Prairie Inn Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Prairie Inn Corporation

Prairie Inn Corporation, a nonprofit organization, is committed to providing housing for individuals with disabilities. Their mission is to establish living spaces that are inclusive and offer access to necessary services. The corporation focuses on developing low-income housing in collaboration with HUD, aiming to address the housing shortage in the Valley City area for individuals with disabilities. Residing within this facility, 13 individuals with disabilities receive a range of supportive services. These services encompass medication administration, assistance with shopping and household chores, and financial aid when required. The goal is to create an environment that promotes independence and well-being for these individuals, enabling them to lead fulfilling lives.

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Impact




August, 2024

Prairie Inn Corporation plays a vital role in addressing the housing needs of individuals with disabilities in the Valley City area. By developing low-income housing projects with the assistance of HUD, they have created a supportive and inclusive community for 13 individuals with disabilities. Through their residential services, they provide essential support such as medication administration, assistance with daily tasks, and financial guidance as needed. By offering accessible housing and services, Prairie Inn Corporation is making a significant impact on the lives of individuals with disabilities, ensuring they have a safe and supportive place to call home.




This information is meant to be a general summary of Prairie Inn Corporation. 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
$68,948 (2022)
Expenses
$87,374 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22
  • Program Service Revenue: $68,926
  • Gross Receipts: $68,948

Assets and Liabilities:

  • Total Assets: $809,636
  • Total Liabilities: $10,426
  • Net Assets: $799,210

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Programs

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

Rental Income

Revenue

$65,491

Miscellaneous

Revenue

$3,435

Organization Details

Founding Year

2002

Principal Officer

Mary Simonson

Main Address

129 3rd Avenue NE, Valley City, ND, 58072

NTEE Category

Code: L22 - Housing

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