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Keweenaw County Housing Corporation

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

EIN: 382244836 ✦ Mohawk, MI ✦ Designated as a 501(c)(3)

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Overview

What is Keweenaw County Housing Corporation?

The Keweenaw County Housing Corporation is a nonprofit organization that provides apartment rentals specifically designed for the elderly and individuals with disabilities. These units are partially funded by the U.S. Department of Agriculture's Rural Housing Service, ensuring affordability for its residents. As of December 31, 2016, the corporation reported 100% occupancy, demonstrating the demand and success of its services. The organization's primary mission is to offer a comfortable living space and support system for these vulnerable populations.

Is Keweenaw County Housing Corporation legitimate?

Keweenaw County Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keweenaw County Housing Corporation submitted a form 990EZ, 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.

What is the mission statement of Keweenaw County Housing Corporation?

The Kewenaw County Housing Corporation's mission revolves around providing apartment rental accommodations for the elderly and disabled. This service is partially subsidized by the U.S. Department of Agriculture - Rural Housing Service. As of December 31, 2016, the corporation had achieved 100% occupancy with these subsidized units. The purpose of this service is to cater to the housing needs of the elderly and disabled population.

Who is the CEO of Keweenaw County Housing Corporation?

John Karvonen is the President of Keweenaw County Housing Corporation.

What is the revenue of Keweenaw County Housing Corporation?

Keweenaw County Housing Corporation's revenue in 2022 was $138,314.

Who are the executives of Keweenaw County Housing Corporation and what are their salaries?


Here are 4 key members and their salaries:


John Karvonen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Anderson (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hannon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Tanskanen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Keweenaw County Housing Corporation?

Keweenaw County Housing Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Keweenaw County Housing Corporation

Keweenaw County Housing Corporation is dedicated to providing affordable living solutions for the elderly and disabled community. With the support of the U.S. Department of Agriculture - Rural Housing Service, this organization manages 24 apartment units. These units are fully occupied, as reported at the end of 2016. The corporation specializes in renting out these apartments at partially subsidized rates for the benefit of this specific demographic.

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Impact




October, 2024

Keweenaw County Housing Corporation provides crucial housing solutions for the elderly and disabled, ensuring safe and affordable living options in Mohawk, MI. With 24 rental units, the organization maintains a commendable occupancy rate of 100% as of December 31, 2016. By offering partially subsidized apartments supported by the U.S. Department of Agriculture's Rural Housing Service, it plays a significant role in alleviating housing insecurity for vulnerable populations in the community. This impact is especially vital for those who may otherwise struggle to find suitable housing, enhancing their quality of life and fostering stability. Through its efforts, Keweenaw County Housing Corporation contributes to the well-being of residents, promoting a sense of community and belonging among its tenants.




This information is meant to be a general summary of Keweenaw County 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.

Revenue
$138,314 (2022)
Expenses
$145,077 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9
  • Program Service Revenue: $136,618
  • Gross Receipts: $138,314

Assets and Liabilities:

  • Total Assets: $127,669
  • Total Liabilities: $208,455
  • Net Assets: -$80,786

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Organization Details

Principal Officer

John Karvonen

Main Address

3183 US HIGHWAY 41, MOHAWK, MI, 49950

NTEE Category

Code: L21Z - Housing

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