Overview
What is Parc Developmental Homes Inc?
Parc Developmental Homes Inc is a nonprofit organization located in Peoria, Illinois, established under the guidelines set by the U.S. Department of HUD. Their primary mission is to offer housing solutions for individuals dealing with intellectual and developmental disabilities. They achieve this by managing four buildings, housing a total of 40 units. The corporation's housing facilities are financially supported by a HUD 202 mortgage and a Section 8 rent subsidy, ensuring affordability and accessibility for the individuals they serve.
Is Parc Developmental Homes Inc legitimate?
Parc Developmental Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parc Developmental 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:
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What is the mission statement of Parc Developmental Homes Inc?
Parc Developmental Homes Inc is dedicated to providing housing for individuals with intellectual and developmental disabilities. Their mission is centered around offering a suitable living environment for these individuals, ensuring they have a place to call home. Established under the guidelines of the U.S. Department of HUD, the corporation operates multiple buildings, with funding coming from a HUD 202 mortgage and a Section 8 rent subsidy. This commitment to housing helps ensure that individuals with intellectual and developmental disabilities have the opportunity to live independently and with support, promoting their overall well-being.
Who is the CEO of Parc Developmental Homes Inc?
Julia Kim Cornwell is the Principal Officer of Parc Developmental Homes Inc.
What is the revenue of Parc Developmental Homes Inc?
Parc Developmental Homes Inc's revenue in 2023 was $356,043.
Who are the executives of Parc Developmental Homes Inc and what are their salaries?
There 7 volunteers at Parc Developmental Homes Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Parc Developmental Homes Inc?
Parc Developmental Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Parc Developmental Homes Inc
Parc Developmental Homes Inc is committed to providing housing for individuals who are living with intellectual and developmental disabilities. This nonprofit organization operates under the guidelines set by the U.S. Department of HUD, and it manages four buildings with a total of 40 units. The corporation secures funding for these properties through a HUD 202 mortgage and a Section 8 rent subsidy, ensuring that affordable housing is available to those who require it. By providing a safe and supportive living environment, Parc Developmental Homes Inc empowers individuals with intellectual and developmental disabilities to lead independent and fulfilling lives. The corporation's mission is to create a welcoming community where these individuals can thrive, fostering their personal growth and promoting their overall well-being.
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Impact
October, 2024
Parc Developmental Homes Inc significantly enhances the quality of life for individuals with intellectual and developmental disabilities by providing stable, accessible housing options. Operating four buildings with a total of 40 units in Peoria, Illinois, the organization ensures that residents have a safe and supportive environment tailored to their needs.
Through the funding provided by a HUD 202 mortgage and Section 8 rent subsidy, Parc Developmental Homes Inc not only addresses the immediate need for housing but also promotes independence and community integration for its residents. This initiative empowers individuals by offering them a place to call home, creating opportunities for personal growth and social interaction. By focusing on this essential aspect of living, Parc Developmental Homes Inc contributes to the overall well-being and dignity of those it serves, fostering a more inclusive society.
This information is meant to be a general summary of Parc Developmental 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $63
- Program Service Revenue: $355,980
- Gross Receipts: $356,043
Assets and Liabilities:
- Total Assets: $666,636
- Total Liabilities: $1,019,522
- Net Assets: -$352,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income Assistance
Revenue
$355,980
Organization Details
Founding Year
1986
Phone
(309) 691-3800Principal Officer
Julia Kim Cornwell
Main Address
1913 W Townline Rd, Peoria, IL, 61615
NTEE Category
Code: L21Z - Housing
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