Overview
What is Project Home Development Corporation?
Project Home Development Corporation is a nonprofit organization, situated in Madison, Wisconsin, specifically at 3841 Kipp Street, 53718. Their primary mission is to promote affordable housing for low-income and moderate-income households. They accomplish this through the development of properties such as Prairie Crossing Apartments, located on Allied Drive. This property offers Section 42 apartments, designed for low-income individuals and families. The Prairie Crossing Apartments are strategically situated close to shopping centers, bus routes, and a bike path. All 48 units in this property feature two bedrooms, and qualified tenants must have an income that is 60% or below the county's median income level.
Official website here: www.projecthomewi.org/
Is Project Home Development Corporation legitimate?
Project Home Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Home Development Corporation 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
Official website here: www.projecthomewi.org/
What is the mission statement of Project Home Development Corporation?
Project Home Development Corporation's mission is centered around promoting affordable housing for low-income and moderate-income households. They strive to make decent living spaces accessible to these income groups, thereby contributing to their overall well-being. One of their initiatives includes the Prairie Crossing Apartments, which are Section 42 apartments designed for low-income individuals and families. These apartments, located on Allied Drive, provide convenient access to shopping, bus routes, and a bike path. To be eligible for these units, the tenants' income must not exceed 60% of the county's median income level.
Official website here: www.projecthomewi.org/
Who is the CEO of Project Home Development Corporation?
Denise Matyka is the President of Project Home Development Corporation.
Official website here: www.projecthomewi.org/
What is the revenue of Project Home Development Corporation?
Project Home Development Corporation's revenue in 2022 was $412,459.
Official website here: www.projecthomewi.org/
Who are the executives of Project Home Development Corporation and what are their salaries?
There 8 volunteers at Project Home Development Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $76,980
- Other: $2,769
Official website here: www.projecthomewi.org/
Where can I find the form 990 for Project Home Development Corporation?
Project Home Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projecthomewi.org/
Learn more at the official website: www.projecthomewi.org/
Mission Statement of Project Home Development Corporation
Project Home Development Corporation is committed to promoting affordable housing for low-income and moderate-income households. In pursuit of this mission, they have developed Prairie Crossing Apartments, which are Section 42 apartments designed for individuals and families with incomes below 60% of the county median income level. These apartments, located on Allied Drive, are strategically positioned near shopping centers, bus routes, and a bike path, offering residents easy access to essential amenities. The apartments feature 48 units, each with two bedrooms, providing comfortable living spaces for eligible tenants. By fostering decent and affordable housing, Project Home Development Corporation contributes to the well-being of low-income households, enabling them to maintain a stable living environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Project Home Development Corporation plays a crucial role in addressing the housing needs of low-income and moderate-income households. By developing Prairie Crossing Apartments, a community of 48 two-bedroom units, it provides affordable housing options for individuals and families who earn at or below 60% of the county median income in Madison, WI.
The location of these apartments near shopping centers, bus routes, and bike paths enhances accessibility and convenience for residents, enabling them to engage more fully in their community. This initiative not only fosters a stable living environment but also contributes to the overall health and well-being of the neighborhood by reducing homelessness and housing instability. By prioritizing decent and affordable housing, Project Home Development Corporation significantly impacts the lives of those who may otherwise struggle to find suitable living conditions.
This information is meant to be a general summary of Project Home Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $155
- Program Service Revenue: $377,304
- Gross Receipts: $412,459
Assets and Liabilities:
- Total Assets: $2,335,412
- Total Liabilities: $3,713,005
- Net Assets: -$1,377,593
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$376,954
Organization Details
Founding Year
1998
Phone
(608) 246-3737Principal Officer
Denise Matyka
Main Address
3841 KIPP STREET, MADISON, WI, 53718
Website
www.projecthomewi.org/NTEE Category
Code: L19 - Housing
If you are a representative of Project Home Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.