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Madonna Homes Inc

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

EIN: 341094249 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Madonna Homes Inc?

Madonna Homes Inc, established in Toledo, Ohio, is a nonprofit organization with a mission to provide housing and financing solutions on a non-profit basis. Initially, their focus was on offering suitable housing for handicapped individuals aged 62 or older and families who had been displaced due to governmental actions. However, their activities have evolved, and they now invest and provide financing for this purpose as well. The organization operates with a commitment to supporting those in need of housing, demonstrating a dedication to enhancing the living conditions of vulnerable populations.

Is Madonna Homes Inc legitimate?

Madonna Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madonna Homes 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: $0

For more financial information, click here

What is the mission statement of Madonna Homes Inc?

Madonna Homes Inc, established on a non-profit basis, was originally organized to provide housing for individuals with disabilities aged 62 or above and families displaced due to governmental actions. Currently, the organization expands its role by investing in and offering financing for such purposes. The primary aim of Madonna Homes Inc is to provide housing solutions for those in need, catering to a specific demographic and assisting families who have been affected by governmental actions.

Who is the CEO of Madonna Homes Inc?

Vr Michael R Billian is the President of Madonna Homes Inc.

What is the revenue of Madonna Homes Inc?

Madonna Homes Inc's revenue in 2020 was $8,113.

Who are the executives of Madonna Homes Inc and what are their salaries?


Here are 6 key members and their salaries:


Vr Michael R Billian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hayward (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Wilkins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Mary Thill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Frazier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Kott (Former Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madonna Homes Inc?

Madonna Homes Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Madonna Homes Inc

Madonna Homes Inc, a non-profit organization, was established with the primary mission to provide housing on a charitable basis for individuals who are handicapped and aged 62 or older, as well as families displaced due to governmental actions. Initially, Madonna Homes Inc focused on directly providing housing for these groups. However, the organization has since evolved its approach, now investing and offering financing to support this purpose. Its mission continues to uphold the provision of affordable housing solutions for those in need, demonstrating its commitment to supporting vulnerable populations.

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Impact




October, 2024

Madonna Homes Inc significantly impacts the Toledo community by addressing critical housing needs for vulnerable populations. By focusing on individuals aged 62 and older with disabilities, as well as families displaced by governmental actions, the organization plays a crucial role in providing safe and accessible housing solutions.

Their commitment to investing in and financing housing projects ensures that these marginalized groups have access to stable living conditions. This not only fosters a sense of community but also enhances the overall quality of life for residents. Moreover, by advocating for the needs of handicapped individuals and displaced families, Madonna Homes Inc helps to raise awareness about the importance of inclusivity and support for the most vulnerable members of society.

Through its initiatives, Madonna Homes Inc contributes to the social fabric of Toledo by promoting dignity, independence, and the well-being of its residents, ultimately leading to a more equitable and compassionate community.




This information is meant to be a general summary of Madonna Homes 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
$8,113 (2020)
Expenses
$4,273,781 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $7,584
  • Gross Receipts: $8,113

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

INTEREST INCOME - SELL

Revenue

$7,584

Organization Details

Founding Year

1968

Principal Officer

Vr Michael R Billian

Main Address

1931 SCOTTWOOD AVE STE 700, TOLEDO, OH, 43620

NTEE Category

Code: P73Z - Human services

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