Overview
What is Maple Lake Housing Development Corporation?
Maple Lake Housing Development Corporation is a nonprofit organization committed to offering affordable living options for the elderly. They achieve this by renting out smoke-free apartment units, ensuring a comfortable and safe environment for their residents. The corporation also provides an on-site dining facility, serving affordable noon meals five days a week. To ensure the well-being of its residents, the organization employs an office manager and a caretaker. Their mission extends beyond housing, offering senior dining services as well.
Is Maple Lake Housing Development Corporation legitimate?
Maple Lake Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maple Lake Housing 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: $42,092
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,667
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What is the mission statement of Maple Lake Housing Development Corporation?
The Maple Lake Housing Development Corporation is dedicated to providing affordable elderly housing. They achieve this by offering smoke-free apartment units for rent, with an added benefit of affordable lunch options available Monday through Friday in the form of senior dining on site. To ensure the well-being of its residents, the corporation also employs an on-site office manager and caretaker.
Who is the CEO of Maple Lake Housing Development Corporation?
Paul Manuel is the President of Maple Lake Housing Development Corporation.
What is the revenue of Maple Lake Housing Development Corporation?
Maple Lake Housing Development Corporation's revenue in 2022 was $364,327.
Who are the executives of Maple Lake Housing Development Corporation and what are their salaries?
The average compensation at Maple Lake Housing Development Corporation during 2022 was $19,253. There are 3 employees and 75 volunteers at Maple Lake Housing Development Corporation.
Here are 8 key members and their salaries:
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- Compensation: $42,092
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Where can I find the form 990 for Maple Lake Housing Development Corporation?
Maple Lake Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maple Lake Housing Development Corporation
Maple Lake Housing Development Corporation is a dedicated organization that focuses on providing affordable housing solutions for the elderly community. Their mission is fulfilled by offering smoke-free apartment units for rent, ensuring that senior citizens have a suitable living space. Moreover, the corporation provides an added convenience with on-site senior dining, offering affordable lunch options five days a week. To ensure the well-being of its residents, Maple Lake Housing Development Corporation employs an on-site office manager and caretaker, who are committed to maintaining a safe and supportive environment. This nonprofit's commitment to the elderly demonstrates its dedication to improving the quality of life for older adults, providing them with a secure and nurturing community.
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Impact
October, 2024
Maple Lake Housing Development Corporation plays a significant role in the community by providing affordable housing specifically tailored for the elderly. By offering smoke-free apartment units, it ensures a healthy living environment for its residents. The availability of senior dining on-site allows for social interaction and access to nutritious meals throughout the week, further enhancing the quality of life for those who live there.
The presence of an on-site office manager and caretaker contributes not only to the day-to-day well-being of residents but also fosters a sense of security and community. This organization addresses a critical need for affordable housing for seniors, helping to alleviate the challenges they often face, such as isolation and financial strain. Overall, Maple Lake Housing Development Corporation has a profound impact on promoting independence and improving the living conditions of elderly individuals in the Maple Lake area.
This information is meant to be a general summary of Maple Lake Housing 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: $723
- Program Service Revenue: $363,004
- Gross Receipts: $364,327
Assets and Liabilities:
- Total Assets: $733,725
- Total Liabilities: $799,940
- Net Assets: -$66,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$300,308
MORTGAGE SUBSIDY REVEN
Revenue
$32,937
FEDERAL FINANCIAL ASSI
Revenue
$24,439
OTHER PROGRAM SERVICE
Revenue
$5,320
Organization Details
Founding Year
1976
Phone
(320) 963-5283Principal Officer
Paul Manuel
Main Address
333 W 2ND ST 15, MAPLE LAKE, MN, 55358
NTEE Category
Code: L20Z - Housing
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