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Deforest Elderly Housing Owner Corp

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

EIN: 391845307 ✦ Deforest, WI ✦ Designated as a 501(c)(3)

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Overview

What is Deforest Elderly Housing Owner Corp?

Deforest Elderly Housing Owner Corp is a nonprofit organization situated in Deforest, Wisconsin. With a focus on serving the elderly community, they offer 20 affordable housing units specifically designed for senior citizens. This senior living and retirement community organization is dedicated to providing low-income housing options, ensuring that elderly individuals have a secure and comfortable place to reside. The organization's mission and activities revolve around catering to the needs of the elderly population, thereby contributing positively to their well-being.

Is Deforest Elderly Housing Owner Corp legitimate?

Deforest Elderly Housing Owner Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deforest Elderly Housing Owner 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: $24,082

For more financial information, click here

What is the mission statement of Deforest Elderly Housing Owner Corp?

Deforest Elderly Housing Owner Corp is dedicated to providing low-income housing options for the elderly. As a senior citizens housing and retirement communities organization, their mission is to offer a supportive living environment for this demographic. They operate with a focus on ensuring these elderly residents have access to affordable housing units, thereby contributing to their well-being and quality of life. The corporation's activities are centered around providing a secure and comfortable living space, fostering a sense of community, and ensuring the needs of the elderly are met in a respectful and compassionate manner.

Who is the CEO of Deforest Elderly Housing Owner Corp?

Sue Beadle is the President of Deforest Elderly Housing Owner Corp.

What is the revenue of Deforest Elderly Housing Owner Corp?

Deforest Elderly Housing Owner Corp's revenue in 2022 was $139,958.

Who are the executives of Deforest Elderly Housing Owner Corp and what are their salaries?

The average compensation at Deforest Elderly Housing Owner Corp during 2022 was $6,020. There are 4 employees at Deforest Elderly Housing Owner Corp.


Here are 9 key members and their salaries:


Sue Beadle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Bodden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Tesar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Riedel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Crawford (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Paulson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Mchugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Tatus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Deforest Elderly Housing Owner Corp?

Deforest Elderly Housing Owner Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Deforest Elderly Housing Owner Corp

Deforest Elderly Housing, as a nonprofit organization, is dedicated to providing low-income elderly housing. This corporation serves as a senior citizens housing and retirement community, offering a total of 20 units to its elderly residents. The mission of Deforest Elderly Housing is to offer a living environment that caters to the needs of the elderly, ensuring they can reside in a comfortable and supportive setting. By providing these housing units, the organization aims to contribute to the well-being of elderly individuals, offering them a place to call home and fostering a sense of community among its residents.

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Impact




October, 2024

Deforest Elderly Housing Owner Corp plays a crucial role in the Deforest community by providing 20 low-income housing units specifically designed for elderly residents. This initiative addresses the pressing need for affordable housing options among seniors, ensuring that they have access to safe and supportive living environments. By offering these units, the organization not only enhances the quality of life for elderly individuals but also fosters a sense of community among residents. The presence of such housing options contributes to the well-being of seniors, promoting independence and social engagement while alleviating some of the financial burdens they may face. Overall, the impact of Deforest Elderly Housing Owner Corp is significant, as it directly supports vulnerable populations and enriches the community fabric in Deforest, Wisconsin.




This information is meant to be a general summary of Deforest Elderly Housing Owner 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
$139,958 (2022)
Expenses
$158,547 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $65
  • Program Service Revenue: $65,139
  • Gross Receipts: $139,958

Assets and Liabilities:

  • Total Assets: $918,679
  • Total Liabilities: $1,386,123
  • Net Assets: -$467,444

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Programs

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

RENTAL INCOME

Revenue

$65,139

Organization Details

Principal Officer

Sue Beadle

Main Address

220 S MAIN ST, DEFOREST, WI, 53532

NTEE Category

Code: L22 - Housing

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