Highland Homes Inc

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

EIN: 410986644 ✦ New ulm, MN ✦ Designated as a 501(c)(3)

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Overview

What is Highland Homes Inc?

Highland Homes Inc, based in New Ulm, Minnesota, is a nonprofit organization dedicated to providing housing for families with limited financial resources. Specifically, it manages a 97-unit low-rent apartment complex, offering a place to live for low-income families and those displaced due to urban renewal, governmental actions, or major disasters where suitable housing is unavailable. With a mission focused on social assistance, Highland Homes Inc strives to contribute positively to its community by providing essential housing services. The organization operates with a small team of four individuals, ensuring their commitment remains personal and effective.

Is Highland Homes Inc legitimate?

Highland Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highland Homes Inc 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: $54,413

For more financial information, click here

What is the mission statement of Highland Homes Inc?

Highland Homes Inc, as a non-profit organization, is committed to providing housing solutions for low-income families and those displaced due to urban renewal, governmental actions, or major disasters. In situations where adequate housing is lacking, Highland Homes Inc steps in to fill the gap. This is demonstrated through the construction and management of affordable housing facilities, such as the 97-unit low-rent apartment complex they provided. The organization's mission is to contribute to the well-being and stability of these vulnerable communities, ensuring they have a safe and secure place to call home.

Who is the CEO of Highland Homes Inc?

Colleen Skillings is the Director of Highland Homes Inc.

What is the revenue of Highland Homes Inc?

Highland Homes Inc's revenue in 2022 was $419,237.

Who are the executives of Highland Homes Inc and what are their salaries?

The average compensation at Highland Homes Inc during 2022 was $13,603. There are 4 employees at Highland Homes Inc.


Here are 10 key members and their salaries:


Eileen Jacobsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Reinke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Shikoski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Ulrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mickey Witt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Laraway (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Remme (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lou Serbus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Skillings (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Highland Homes Inc?

Highland Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Highland Homes Inc

Highland Homes Inc, as a non-profit organization, is committed to providing housing solutions for families who fall under the categories of low and moderate income, as well as those displaced due to urban renewal or governmental actions, or in the aftermath of major disasters where suitable housing is scarce for such groups. In line with this mission, Highland Homes Inc has demonstrated its dedication by constructing and managing a 97-unit low-rent apartment complex, offering affordable housing options to these vulnerable populations. By providing such housing, Highland Homes Inc contributes significantly to the well-being and stability of these families, enabling them to maintain a decent standard of living and rebuild their lives in a secure environment.

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Impact




October, 2024

Highland Homes Inc has made a significant impact by addressing the critical housing needs of low and moderate-income families, as well as those displaced by urban renewal projects or governmental actions, and individuals affected by major disasters. By providing a 97-unit low-rent apartment complex in New Ulm, MN, Highland Homes Inc plays a vital role in ensuring that these vulnerable groups have access to safe and affordable housing where they might otherwise find none.

The organization's efforts not only offer immediate shelter but also contribute to the long-term stability and well-being of the community. By alleviating housing insecurity, Highland Homes Inc supports families in rebuilding their lives, fostering a sense of belonging and community connectivity. This commitment to providing housing solutions is essential for promoting social equity and improving the overall quality of life for those it serves.




This information is meant to be a general summary of Highland Homes Inc. 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
$419,237 (2022)
Expenses
$398,072 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $192
  • Program Service Revenue: $403,133
  • Gross Receipts: $419,237

Assets and Liabilities:

  • Total Assets: $1,035,489
  • Total Liabilities: $402,302
  • Net Assets: $633,187

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Programs

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

RESIDENT HOUSING

Revenue

$403,133

Organization Details

Founding Year

1971

Principal Officer

Colleen Skillings

Main Address

1610 SUNSET AVENUE, NEW ULM, MN, 56073

NTEE Category

Code: L21 - Housing

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