Overview
What is Hayfield Area Elderly Housing Inc C/O Paramark Corp?
Hayfield Area Elderly Housing Inc, managed by Paramark Corp, is a retirement or senior housing facility situated in Rochester, Minnesota. The organization's primary focus, as outlined in the National Housing Act Section 202, is to provide suitable housing for senior citizens. Operating under this mandate, Hayfield Area Elderly Housing Inc ensures the provision of comfortable living spaces for elderly individuals, thereby contributing to their overall well-being and support in their later years.
Is Hayfield Area Elderly Housing Inc C/O Paramark Corp legitimate?
Hayfield Area Elderly Housing Inc C/O Paramark Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hayfield Area Elderly Housing Inc C/O Paramark 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:
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Professional Fundraising Fees: $0
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What is the mission statement of Hayfield Area Elderly Housing Inc C/O Paramark Corp?
Hayfield Area Elderly Housing Inc, under the management of Paramark Corp, is committed to providing senior housing facilities. This mission is in line with Section 202 of the National Housing Act. The organization's primary goal is to offer suitable living spaces for the elderly, ensuring their needs are met in a housing environment that adheres to the regulations set by the National Housing Act. By doing so, Hayfield Area Elderly Housing Inc aims to contribute positively to the well-being and comfort of senior citizens, providing them with a secure and appropriate living situation.
Who is the CEO of Hayfield Area Elderly Housing Inc C/O Paramark Corp?
Clinton Sparks is the President of Hayfield Area Elderly Housing Inc C/O Paramark Corp.
What is the revenue of Hayfield Area Elderly Housing Inc C/O Paramark Corp?
Hayfield Area Elderly Housing Inc C/O Paramark Corp's revenue in 2023 was $191,514.
Who are the executives of Hayfield Area Elderly Housing Inc C/O Paramark Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Hayfield Area Elderly Housing Inc C/O Paramark Corp?
Hayfield Area Elderly Housing Inc C/O Paramark Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hayfield Area Elderly Housing Inc C/O Paramark Corp
Hayfield Area Elderly Housing Inc C/O Paramark Corp is dedicated to providing senior housing solutions, fulfilling its mission under Section 202 of the National Housing Act. In simpler terms, this nonprofit organization focuses on offering suitable living arrangements for the elderly community, adhering to the guidelines set forth by the National Housing Act. The primary objective of Hayfield Area Elderly Housing Inc C/O Paramark Corp is to cater to the unique needs of senior citizens, ensuring they can live comfortably and with a sense of security.
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Impact
October, 2024
Hayfield Area Elderly Housing Inc C/O Paramark Corp significantly contributes to the local community by providing vital housing resources for seniors in Rochester, MN. By offering senior housing under Section 202 of the National Housing Act, it ensures that elderly residents have access to safe, affordable living options tailored to their needs. This initiative not only supports the well-being and independence of seniors but also helps to alleviate housing instability within the aging population. The presence of such housing options fosters a sense of community among residents, enabling social interactions and support networks that enhance quality of life. Ultimately, this organization plays a crucial role in promoting healthy aging and improving living standards for seniors in the area.
This information is meant to be a general summary of Hayfield Area Elderly Housing Inc C/O Paramark 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $19
- Program Service Revenue: $191,495
- Gross Receipts: $191,514
Assets and Liabilities:
- Total Assets: $261,773
- Total Liabilities: $596,079
- Net Assets: -$334,306
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD
Revenue
$100,057
RENTALS
Revenue
$87,799
LAUNDRY AND VENDING
Revenue
$2,824
DAMAGES AND CLEANING
Revenue
$815
Organization Details
Founding Year
1979
Phone
(507) 285-5082Principal Officer
Clinton Sparks
Main Address
PO BOX 249, ROCHESTER, MN, 55903
NTEE Category
Code: L22 - Housing
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