Overview
What is Zion Housing Development Corp?
Zion Housing Development Corp is a nonprofit organization situated in Adell, Wisconsin. Its primary focus is on providing affordable housing for low-income elderly tenants, operating an eight-unit apartment complex. The United States Department of Agriculture's Rural Development subsidizes the tenant rents as part of their mission to promote affordable housing solutions. Zion Housing Development Corp plays a crucial role in addressing housing needs for a vulnerable demographic, ensuring they can maintain an adequate living standard.
Is Zion Housing Development Corp legitimate?
Zion Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zion Housing Development Corp 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 Zion Housing Development Corp?
Zion Housing Development Corp's mission is centered around providing affordable housing for low-income elderly individuals. They accomplish this by owning and managing an eight-unit apartment complex. The rental costs for these units are subsidized through a partnership with USDA Rural Development, which is part of their broader mission to ensure affordable housing availability. The organization's mission aims to contribute positively to the lives of its tenants by offering them a comfortable living environment at reduced costs.
Who is the CEO of Zion Housing Development Corp?
William Yoho is the Vice President of Zion Housing Development Corp.
What is the revenue of Zion Housing Development Corp?
Zion Housing Development Corp's revenue in 2022 was $59,469.
Who are the executives of Zion Housing Development Corp and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Zion Housing Development Corp?
Zion Housing Development Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Zion Housing Development Corp
Zion Housing Development Corp is a non-profit organization dedicated to providing affordable housing for low-income elderly individuals. They operate an eight-unit apartment community, funded in part by the USDA Rural Development, with the intention of subsidizing tenant rents. This mission aligns with the USDA's broader goal of ensuring that housing remains accessible and budget-friendly for those in need. By offering subsidized housing, Zion Housing Development Corp aims to contribute to the well-being and stability of its elderly tenants, providing them with a secure living environment.
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Impact
August, 2024
Zion Housing Development Corp's impact is evident through its provision of subsidized housing for low-income elderly tenants in Adell, WI. By owning and operating an eight-unit apartment community, Zion Housing Development Corp helps address the affordable housing needs of vulnerable populations in the area. Through partnerships with organizations like USDA Rural Development, the nonprofit ensures that elderly tenants have access to safe and affordable housing options. This initiative plays a crucial role in supporting the well-being and quality of life of elderly individuals who may otherwise struggle to find suitable accommodation.
This information is meant to be a general summary of Zion 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $148
- Program Service Revenue: $59,321
- Gross Receipts: $59,469
Assets and Liabilities:
- Total Assets: $306,153
- Total Liabilities: $302,367
- Net Assets: $3,786
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Organization Details
Principal Officer
William Yoho
Main Address
210 First Avenue, Adell, WI, 530011194
NTEE Category
Code: L22Z - Housing
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