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Mansfield Memorial Homes Apartments

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

EIN: 341155663 ✦ Mansfield, OH ✦ Designated as a 501(c)(3)

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Overview

What is Mansfield Memorial Homes Apartments?

Mansfield Memorial Homes Apartments is a 86-unit nonprofit housing complex situated in Mansfield, Ohio. Its primary mission is to offer affordable living accommodations for elderly and physically disabled individuals, particularly those who have been displaced due to urban renewal or lack adequate housing options. The complex aims to cater to lower-income families and may also include facilities tailored for the handicapped, ensuring inclusive and accessible living environments.


Official website here: www.mansfieldmh.com

Is Mansfield Memorial Homes Apartments legitimate?

Mansfield Memorial Homes Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mansfield Memorial Homes Apartments 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: $8,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,289

For more financial information, click here


Official website here: www.mansfieldmh.com

What is the mission statement of Mansfield Memorial Homes Apartments?

Mansfield Memorial Homes Apartments is committed to serving lower-income elderly families and those displaced due to urban renewal, offering them housing when no suitable alternatives exist. This is carried out on a nonprofit basis, and the apartments may even cater to the handicapped. The primary goal is to provide adequate housing for these individuals, ensuring they can live independently. The complex, consisting of 86 units, is dedicated to this mission.


Official website here: www.mansfieldmh.com

Who is the CEO of Mansfield Memorial Homes Apartments?

Miles Parsons is the Ceo of Mansfield Memorial Homes Apartments. The CEO's salary of Mansfield Memorial Homes Apartments is $8,087 and their total compensation is $160,622.


Official website here: www.mansfieldmh.com

What is the revenue of Mansfield Memorial Homes Apartments?

Mansfield Memorial Homes Apartments's revenue in 2021 was $377,640.


Official website here: www.mansfieldmh.com

Who are the executives of Mansfield Memorial Homes Apartments and what are their salaries?


Here are 16 key members and their salaries (Mansfield Memorial Homes Apartments's CEO's salary is $8,087 and their total compensation is $160,622):


Miles Parsons (Ceo)
  • Compensation: $8,087
  • Related: $148,335
  • Other: $4,200
Joseph Kurtzman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Foster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lydia Reid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Joyce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Leech (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Kastelic (Treas/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Seckel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Claypool (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Frietchen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Loughman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ary Van Harlingen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Heringhaus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Atterholt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kemerer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Payton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mansfieldmh.com

Where can I find the form 990 for Mansfield Memorial Homes Apartments?

Mansfield Memorial Homes Apartments's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.mansfieldmh.com

Learn more at the official website: www.mansfieldmh.com

Mission Statement of Mansfield Memorial Homes Apartments

Mansfield Memorial Homes Apartments is a nonprofit organization dedicated to providing suitable housing for lower-income elderly families and those displaced due to urban renewal, where such housing options are scarce. This mission includes accommodating elderly families with facilities designed for the handicapped, ensuring accessibility for all residents. The 86-unit apartment complex serves as a sanctuary for elderly and physically disabled individuals, offering them independent living opportunities.

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Impact




October, 2024

Mansfield Memorial Homes Apartments significantly impacts the community by addressing the critical need for affordable housing for lower-income elderly families and those displaced due to urban renewal. By providing an 86-unit apartment complex, it creates a safe and supportive environment that fosters independent living for elderly and physically disabled residents. This initiative not only alleviates housing shortages in Mansfield, Ohio, but also enhances the quality of life for its residents by offering them a place to call home, ensuring they have access to the necessary accommodations that meet their unique needs. Furthermore, it represents a vital resource for families who might otherwise struggle to find adequate housing, thereby promoting stability and community integration for some of the most vulnerable populations in the area.




This information is meant to be a general summary of Mansfield Memorial Homes Apartments. 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
$377,640 (2021)
20112012201320142015201620172018201920202021$0$150k$300k$450k$600k
Expenses
$561,934 (2021)
20112012201320142015201620172018201920202021$0$150k$300k$450k$600k
Efficiency
201120122013201420152016201720182019202020210%8%16%24%37%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $236,955
  • Gross Receipts: $377,640

Assets and Liabilities:

  • Total Assets: $428,069
  • Total Liabilities: $1,864,008
  • Net Assets: -$1,435,939

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Programs

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

Rental Income

Revenue

$236,955

Organization Details

Founding Year

1972

Principal Officer

Miles Parsons

Main Address

PO Box 966, Mansfield, OH, 44901

NTEE Category

Code: L200 - Housing

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