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St Paul Housing Development Corp

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

EIN: 391632486 ✦ Racine, WI ✦ Designated as a 501(c)(3)

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Overview

What is St Paul Housing Development Corp?

St. Paul Housing Development Corp is a nonprofit organization situated in Milwaukee, Wisconsin. Their primary focus is to offer safe and affordable housing options for elderly, handicapped, and disabled individuals with low to moderate incomes. They have successfully constructed and manage a 33-unit rental housing project specifically designed for this demographic, located in Racine. The corporation's mission is deeply rooted in providing a secure living environment for these vulnerable population groups.

Is St Paul Housing Development Corp legitimate?

St Paul Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Paul Housing Development Corp 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

For more financial information, click here

What is the mission statement of St Paul Housing Development Corp?

The St. Paul Housing Development Corp is committed to providing safe and affordable housing for elderly, handicapped, and disabled individuals with low to moderate income, without specifying a specific location. Their primary mission is to construct and manage housing projects that cater to these tenants, ensuring they have a suitable living environment. The corporation operates a 33-unit rental housing project specifically designed for elderly, handicapped, and disabled tenants, demonstrating their dedication to fulfilling their mission.

What is the revenue of St Paul Housing Development Corp?

St Paul Housing Development Corp's revenue in 2023 was $376,840.

Who are the executives of St Paul Housing Development Corp and what are their salaries?

Here are 6 key members and their salaries:


Alma Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iodeious Barker (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minnie Brye (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Hicks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Lawrence J Kirby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Paul Housing Development Corp?

St Paul Housing Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of St Paul Housing Development Corp

St. Paul Housing Development Corp is an organization dedicated to providing safe and affordable housing for elderly, handicapped, and disabled families with low to moderate incomes. The corporation constructs and operates housing projects, specifically a 33-unit rental facility, to cater to this demographic. Their mission is centered around ensuring that these individuals have a secure living environment, enhancing their quality of life and promoting their overall well-being.

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Impact




October, 2024

St. Paul Housing Development Corp significantly enhances the quality of life for elderly, handicapped, and disabled low to moderate-income families in Racine by providing safe and affordable housing. It operates a 33-unit rental housing project designed to meet the specific needs of these vulnerable populations, ensuring access to comfortable living spaces that promote independence and well-being. This initiative alleviates housing insecurity among those who often face challenges in the rental market, fostering a sense of community and stability. By prioritizing the needs of these demographic groups, St. Paul Housing Development Corp plays a crucial role in improving housing equity and enhancing the overall living conditions within the community.




This information is meant to be a general summary of St Paul Housing Development Corp. 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
$376,840 (2023)
Expenses
$348,926 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $45
  • Program Service Revenue: $368,951
  • Gross Receipts: $376,840

Assets and Liabilities:

  • Total Assets: $331,117
  • Total Liabilities: $1,441,510
  • Net Assets: -$1,110,393

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT ASSISTANCE PAYMENTS

Revenue

$284,258

RENT REVENUE

Revenue

$84,693

Organization Details

Founding Year

1992

Principal Officer

Bishop Lawrence J Kirby

NTEE Category

Code: L22 - Housing

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