Overview
What is Milan Housing For The Elderly Inc?
Milan Housing for the Elderly Inc., located in Indianapolis, Indiana, is a nonprofit organization dedicated to providing affordable housing solutions for low-income elderly individuals. With a mission to cater to the unique needs and living requirements of eligible senior citizens, they manage a total of 34 apartments in and around Milan, Indiana. Their primary activity involves offering rental housing arrangements, ensuring that these facilities meet the specific requirements of their residents as determined by the Rural Economic and Community Development Agency of the Farmers. The organization, with a small workforce of one employee, is committed to enhancing the living conditions for the elderly population in the area.
Is Milan Housing For The Elderly Inc legitimate?
Milan Housing For The Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Milan Housing For The Elderly 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: $19,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Milan Housing For The Elderly Inc?
Milan Housing For The Elderly Inc's mission is centered around providing affordable housing solutions for low-income senior citizens. Their primary objective is to operate rental housing and related facilities that cater to the unique needs and living requirements of eligible individuals. The organization strives to ensure that all eligible elderly persons, as determined by a specified agency, have access to suitable housing arrangements. The mission of Milan Housing For The Elderly Inc is carried out through the management and operation of 34 apartments specifically designed for eligible low-income senior residents.
Who is the CEO of Milan Housing For The Elderly Inc?
Tonya Phillips is the President (Eff 4/12/22) of Milan Housing For The Elderly Inc.
What is the revenue of Milan Housing For The Elderly Inc?
Milan Housing For The Elderly Inc's revenue in 2022 was $170,669.
Who are the executives of Milan Housing For The Elderly Inc and what are their salaries?
The average compensation at Milan Housing For The Elderly Inc during 2022 was $19,200. There is 1 employee and 5 volunteers at Milan Housing For The Elderly Inc.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Milan Housing For The Elderly Inc?
Milan Housing For The Elderly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Milan Housing For The Elderly Inc
Milan Housing for the Elderly Inc is dedicated to providing affordable rental housing arrangements for low-income senior citizens. The organization's mission is to operate rental housing and related facilities that cater to the unique needs and living requirements of eligible elderly residents, as determined by the Rural Economic and Community Development Agency of the Farmers Home Administration. In essence, Milan Housing for the Elderly Inc strives to create a living environment that is tailored to the specific needs of its elderly occupants, ensuring their comfort and well-being. The organization manages and operates 34 apartments in and around Milan, Indiana, providing a home for eligible low-income elderly persons.
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Impact
October, 2024
Milan Housing For The Elderly Inc. significantly impacts the community by providing affordable rental housing arrangements for low-income senior citizens. By managing and operating 34 apartments designed for eligible low-income elderly individuals in and around Milan, Indiana, the organization addresses the critical need for accessible housing options.
The mission focuses on meeting the special needs and living requirements of seniors, ensuring they have a safe, stable, and supportive environment. This initiative not only enhances the quality of life for elderly residents but also promotes community integration and reduces the risk of homelessness among this vulnerable population. Moreover, by partnering with the Rural Economic and Community Development Agency, Milan Housing for the Elderly ensures that residents receive the necessary services and support tailored to their unique circumstances. Overall, the organization plays a vital role in fostering dignity and stability for low-income seniors in the region.
This information is meant to be a general summary of Milan Housing For The Elderly 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,754
- Program Service Revenue: $131,537
- Gross Receipts: $170,669
Assets and Liabilities:
- Total Assets: $178,080
- Total Liabilities: $713,124
- Net Assets: -$535,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$131,537
Organization Details
Founding Year
1979
Phone
(317) 273-0312Principal Officer
Tonya Phillips
Main Address
652 N GIRLS SCHOOL ROAD, INDIANAPOLIS, IN, 46214
NTEE Category
Code: L22 - Housing
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