Overview
What is Matthews Park Housing Corporation?
Matthews Park Housing Corporation is a nonprofit organization situated in Minneapolis, Minnesota. Its primary objective is to acquire and manage a 24-unit apartment building, catering to individuals with low and moderate income. This initiative falls under the program of the Minnesota Housing Finance Agency. The corporation's purpose is to provide affordable housing options within the Minneapolis community, contributing to the city's housing market and supporting those with limited financial resources.
Is Matthews Park Housing Corporation legitimate?
Matthews Park Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Matthews Park Housing 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
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What is the mission statement of Matthews Park Housing Corporation?
The Matthews Park Housing Corporation is a nonprofit organization with a mission to acquire and operate a 24-unit apartment building, specifically for individuals with low and moderate incomes. This endeavor is undertaken under a program managed by the Minnesota Housing Finance Agency. The corporation's primary objective is to provide affordable housing solutions, contributing to a more inclusive and equitable community.
Who is the CEO of Matthews Park Housing Corporation?
Andy Hestness is the Principal Officer of Matthews Park Housing Corporation.
What is the revenue of Matthews Park Housing Corporation?
Matthews Park Housing Corporation's revenue in 2022 was $383,884.
Who are the executives of Matthews Park Housing Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $130,564
- Other: $13,005
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $9,740
- Other: $547
Where can I find the form 990 for Matthews Park Housing Corporation?
Matthews Park Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Matthews Park Housing Corporation
Matthews Park Housing Corporation, a nonprofit organization, is committed to acquiring and managing a 24-unit apartment building in Minnesota. Their mission is to provide housing for individuals with low and moderate incomes, operating under a program by the Minnesota Housing Finance Agency. The primary goal of this corporation is to own and operate the apartment building, ensuring that it becomes a viable living space for those who need it most.
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Impact
October, 2024
Matthews Park Housing Corporation plays a vital role in providing housing solutions for low and moderate-income individuals in Minneapolis, Minnesota. By acquiring and operating a 24-unit apartment building, it not only addresses the urgent need for affordable housing in the area but also fosters a sense of community among residents. This initiative helps to stabilize lives, allowing individuals and families to access safe and secure living environments.
The organization contributes to the local economy by ensuring that residents have better access to education, employment, and social services, thereby enhancing their quality of life. Furthermore, by partnering with the Minnesota Housing Finance Agency, Matthews Park Housing Corporation contributes to broader efforts aimed at improving housing affordability and accessibility throughout the region. Overall, its impact extends beyond just providing shelter; it nurtures community development and empowers individuals to achieve greater stability and success.
This information is meant to be a general summary of Matthews Park Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $35
- Program Service Revenue: $383,849
- Gross Receipts: $383,884
Assets and Liabilities:
- Total Assets: $1,089,921
- Total Liabilities: $565,912
- Net Assets: $524,009
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$383,849
Organization Details
Founding Year
1986
Phone
(612) 338-8729Principal Officer
Andy Hestness
Main Address
CO SEWARD REDESIGN INC, MINNEAPOLIS, MN, 55406
NTEE Category
Code: L21 - Housing
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