Overview
What is Marathon Housing Association Inc?
Marathon Housing Association Inc, based in Madison, Wisconsin, is a nonprofit organization with a mission to provide safe, healthy, and affordable housing for individuals who are 62 years old or disabled. The association manages Marathon County Housing Redevelopment-RD, LLC, serving as its sole member. They operate in Marathon County, Wisconsin, and surrounding areas, managing a total of 14 apartment complexes to cater to their target demographic.
Is Marathon Housing Association Inc legitimate?
Marathon Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Marathon Housing Association 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.
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What is the mission statement of Marathon Housing Association Inc?
Marathon Housing Association Inc's mission is centered around providing safe, healthy, and affordable housing options. This organization extends its services primarily to individuals who are 62 years old or older, as well as those with disabilities. Their operations extend beyond Marathon County, Wisconsin, encompassing surrounding areas. To achieve this, they manage multiple apartment complexes, currently numbering 14. Additionally, the association is associated with Marathon County Housing Redevelopment - RD, LLC, with Marathon Housing Association Inc. serving as the sole member.
Who is the CEO of Marathon Housing Association Inc?
Jill Schulz is the President of Marathon Housing Association Inc.
What is the revenue of Marathon Housing Association Inc?
Marathon Housing Association Inc's revenue in 2022 was $1,493,287.
Who are the executives of Marathon Housing Association Inc and what are their salaries?
There 7 volunteers at Marathon Housing Association Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Marathon Housing Association Inc?
Marathon Housing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marathon Housing Association Inc
Marathon Housing Association, a nonprofit organization, is committed to providing a secure, healthful, and economical living environment for individuals who are 62 years old or disabled. This mission extends beyond Marathon County, Wisconsin, and encompasses surrounding areas as well. To achieve this objective, the association operates 14 apartment complexes, serving as a vital resource for those in need. Furthermore, Marathon Housing Association is also involved in managing Marathon County Housing Redevelopment - RD, LLC, where it holds the sole membership. This involvement underscores its dedication to promoting affordable housing options for the specified demographic.
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Impact
October, 2024
Marathon Housing Association Inc significantly impacts the lives of seniors and individuals with disabilities in Marathon County, Wisconsin, and the surrounding areas by providing safe, healthy, and affordable housing. By managing 14 apartment complexes, the organization creates accessible living environments tailored to the unique needs of its residents, fostering a sense of community and stability.
With a focus on individuals aged 62 and older or those with disabilities, Marathon Housing Association works to alleviate housing insecurity among vulnerable populations. This commitment not only enhances the quality of life for its residents but also contributes to the overall well-being of the community by promoting inclusivity and support for those who might otherwise struggle to find suitable housing.
The association's management of Marathon County Housing Redevelopment - RD, LLC ensures that it can continue to invest in housing solutions that meet the evolving needs of its residents. By offering affordable options, Marathon Housing Association plays a vital role in enhancing financial stability and reducing the stress associated with housing challenges for seniors and disabled individuals.
This information is meant to be a general summary of Marathon Housing Association 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: $195,229
- Program Service Revenue: $1,298,058
- Gross Receipts: $1,493,287
Assets and Liabilities:
- Total Assets: $6,851,392
- Total Liabilities: $3,108,271
- Net Assets: $3,743,121
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAR CITY HOUSING - RD
Revenue
$1,022,043
MAR CITY HOUSING - HUD
Revenue
$276,015
Organization Details
Founding Year
1974
Phone
(608) 258-2080Principal Officer
Jill Schulz
Main Address
4801 TRADEWINDS PARKWAY, MADISON, WI, 53718
NTEE Category
Code: L21 - Housing
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