Overview
What is Ghi Ltd?
Ghi Ltd, based in Taylors Falls, MN, is a nonprofit organization dedicated to providing affordable housing for low-income elderly individuals. With a mission to cater to senior citizens and retirement communities, Ghi Ltd manages 24 residential units, classifying as senior housing or retirement communities. The organization's primary focus lies in offering suitable living arrangements for this demographic, ensuring they maintain both comfort and financial stability.
Is Ghi Ltd legitimate?
Ghi Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ghi Ltd 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:
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What is the mission statement of Ghi Ltd?
Ghi Ltd, through its mission, aims to provide low-income housing for the elderly. This organization operates with a focus on senior citizens, offering 24 units of such housing. Ghi Ltd's housing facilities can be categorized as retirement communities or senior citizen housing. The organization's primary goal is to provide a suitable living environment for elderly individuals who have limited income.
Who is the CEO of Ghi Ltd?
Lisa Corgard is the President of Ghi Ltd.
What is the revenue of Ghi Ltd?
Ghi Ltd's revenue in 2022 was $232,407.
Who are the executives of Ghi Ltd and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Ghi Ltd?
Ghi Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ghi Ltd
Ghi Ltd, a nonprofit organization, is dedicated to providing low-income elderly housing. Through its mission, the organization offers 24 units of homes specifically designed for elderly individuals, falling under the category of senior citizens housing or retirement communities. By providing this type of housing, Ghi Ltd contributes to the well-being and comfort of its residents, ensuring they can live with dignity and security. The organization's mission reflects its commitment to supporting the elderly community, offering them a place to call home.
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Impact
October, 2024
Ghi Ltd significantly enhances the quality of life for low-income elderly individuals in Taylors Falls, MN, through its provision of affordable housing. The Ghi Big Gust Terrace Apartments cater to a critical need in the community by offering 24 dedicated units specifically designed for senior citizens. By ensuring that elderly residents have access to safe, comfortable living environments, Ghi Ltd plays an essential role in promoting dignity and independence among its residents.
The organization’s commitment to housing not only addresses economic challenges faced by low-income seniors but also fosters a sense of community and belonging. With its focus on retirement living, Ghi Ltd helps to alleviate social isolation, enabling residents to connect with neighbors and partake in community life. In doing so, Ghi Ltd not only fills a housing gap but also contributes to the overall well-being of the elderly population in the region, making it a vital asset to Taylors Falls.
This information is meant to be a general summary of Ghi Ltd. 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: $264
- Program Service Revenue: $97,700
- Gross Receipts: $232,407
Assets and Liabilities:
- Total Assets: $1,256,814
- Total Liabilities: $22,582
- Net Assets: $1,234,232
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$97,700
Organization Details
Founding Year
1999
Phone
(651) 465-6841Principal Officer
Lisa Corgard
Main Address
412 BENCH STREET PO BOX 236, TAYLORS FALLS, MN, 55084
NTEE Category
Code: L22 - Housing
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