Overview
What is East Edina Housing Foundation?
The East Edina Housing Foundation is a charitable organization primarily dedicated to assisting low and moderate-income households in Edina by providing them with financing tools to acquire housing. Beyond this, the foundation engages in various community development activities within the EEHF neighborhood, aids non-profit developers of affordable housing, and even supports elderly housing projects under Section 202 of the National Housing Act of 1959. The foundation can also receive grants or funds from the city or other governmental agencies to further their mission of promoting affordable housing and community development in the area.
Official website here: www.comehome2edina.org
Is East Edina Housing Foundation legitimate?
East Edina Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Edina Housing Foundation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.comehome2edina.org
What is the mission statement of East Edina Housing Foundation?
The East Edina Housing Foundation's mission is centered around providing a financing tool for low and moderate-income households, enabling them to acquire housing. This organization engages in charitable activities, primarily focused on benefiting its community. It aims to provide moderately priced housing within its neighborhood for individuals with low and moderate income. The foundation also promotes and undertakes community development activities on a non-profit basis within its neighborhood. Furthermore, it assists non-profit or not-for-profit developers or sponsors of low or moderate-income housing, including housing for the elderly, within its area. In addition, the foundation can receive block grants or similar funds from the city, other governmental agencies, or subdivisions and utilize them exclusively for its stated purposes.
Official website here: www.comehome2edina.org
Who is the CEO of East Edina Housing Foundation?
Jeff Huggett is the President of East Edina Housing Foundation.
Official website here: www.comehome2edina.org
What is the revenue of East Edina Housing Foundation?
East Edina Housing Foundation's revenue in 2022 was $3,931,596.
Official website here: www.comehome2edina.org
Who are the executives of East Edina Housing Foundation and what are their salaries?
There 5 volunteers at East Edina Housing Foundation.
Here are 5 key members and their salaries:
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Official website here: www.comehome2edina.org
Where can I find the form 990 for East Edina Housing Foundation?
East Edina Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.comehome2edina.org
Learn more at the official website: www.comehome2edina.org
Mission Statement of East Edina Housing Foundation
The East Edina Housing Foundation is a charitable organization with a mission to engage in activities exclusively for the benefit of low and moderate-income households. Its primary goal is to provide a financing tool, enabling these households to acquire housing. Beyond this, the foundation undertakes community development activities within its neighborhood on a non-profit basis. It also offers assistance to non-profit developers or sponsors of low or moderate-income housing, including housing for the elderly, within its neighborhood area. The foundation may receive block grants or similar funds from the city or other governmental agencies to put to productive use for the aforementioned purposes. In essence, the East Edina Housing Foundation works tirelessly to provide affordable housing and promote community development within its neighborhood, aiding both developers and households in need.
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Impact
October, 2024
The East Edina Housing Foundation significantly enhances access to affordable housing for low and moderate-income households in Edina, Minnesota. By providing essential financing tools, it empowers families and individuals to acquire homes, ensuring that quality housing is within reach for those who might otherwise struggle to afford it.
Their commitment to community development fosters not only individual well-being but also the broader health of the neighborhood. Initiatives like building acquisition for future redevelopment and programs such as "Come Home to Edina" serve to reinvigorate the area, making it a more inclusive and vibrant community.
Collaboration with nonprofit and not-for-profit developers further amplifies their impact, especially in addressing housing needs for vulnerable populations, including the elderly. By leveraging government funding and resources effectively, the foundation directs crucial support toward the establishment of modest cost housing options.
Ultimately, the East Edina Housing Foundation plays a pivotal role in realizing the vision of a diverse and accessible community, transforming the housing landscape and improving the quality of life for many residents.
This information is meant to be a general summary of East Edina Housing Foundation. 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: $6,167
- Program Service Revenue: $58,151
- Gross Receipts: $3,942,301
Assets and Liabilities:
- Total Assets: $11,960,279
- Total Liabilities: $18,131
- Net Assets: $11,942,148
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST FROM MORTGAGE
Revenue
$58,151
Organization Details
Founding Year
1982
Phone
(952) 826-0462Principal Officer
Jeff Huggett
Main Address
4801 W 50TH ST, EDINA, MN, 55424
Website
www.comehome2edina.orgNTEE Category
Code: L82Z - Housing
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