Overview
What is Calvary Community Services Inc?
Calvary Community Services Inc is a nonprofit organization, serving as the general partner for a limited partnership that manages an affordable housing complex in Golden Valley, Minnesota. Specifically, they oversee an 80-unit complex, with an option to purchase the property in the future. The organization's primary mission is the development of Calvary Center Apartments, a senior living building in Golden Valley, Minnesota. This project boasts a Section 8 assistance contract with HUD, ensuring that rents for tenants are subsidized. The nonprofit's work focuses on providing affordable housing options for the elderly, enhancing their quality of life and contributing to the community.
Is Calvary Community Services Inc legitimate?
Calvary Community Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calvary Community Services 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:
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What is the mission statement of Calvary Community Services Inc?
Calvary Community Services Inc operates primarily as a developer of affordable housing for the elderly, specifically the Calvary Center Apartments in Golden Valley, Minnesota. This 80-unit building is subsidized through a Section 8 assistance contract with the HUD, ensuring that rent payments are manageable for the tenants. Beyond this project, Calvary Community Services Inc also serves as a general partner in a limited partnership that owns and operates an 80-unit affordable housing complex in the same location. The organization maintains an option to purchase this complex, furthering its commitment to providing affordable housing solutions. While the information provided does not detail an official mission statement, it implies a focus on offering affordable housing opportunities to the elderly community.
Who is the CEO of Calvary Community Services Inc?
Dave Dahl is the Board Member of Calvary Community Services Inc.
What is the revenue of Calvary Community Services Inc?
Calvary Community Services Inc's revenue in 2022 was $211,819.
Who are the executives of Calvary Community Services Inc and what are their salaries?
There 9 volunteers at Calvary Community Services Inc.
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Where can I find the form 990 for Calvary Community Services Inc?
Calvary Community Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Calvary Community Services Inc
Calvary Community Services Inc, as the developer of Calvary Center Apartments, is committed to providing affordable housing for the elderly. This 80-unit apartment building is situated in Golden Valley, Minnesota, and is supported by a Section 8 assistance contract with HUD. This contract ensures that rent payments for tenants are subsidized, making the housing more accessible and affordable. Additionally, Calvary Community Services Inc holds an option to purchase the complex, showcasing their long-term commitment to this project.
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Impact
October, 2024
Calvary Community Services Inc significantly enhances the quality of life for the elderly residents of Golden Valley, Minnesota, through the development and management of Calvary Center Apartments. This 80-unit affordable housing complex provides essential support by offering subsidized rent through a Section 8 assistance contract with HUD, ensuring that seniors have access to stable and affordable housing.
The organization plays a critical role as a general partner in a limited partnership that owns and operates the apartments, demonstrating a commitment to maintaining a safe and community-oriented living environment. By focusing on the needs of elderly residents, Calvary Community Services Inc not only addresses housing insecurity but also fosters a sense of community, security, and dignity for its tenants.
The option to purchase the complex further underscores the organization's dedication to long-term resident support and housing stability, solidifying its impact on the local community. Through these efforts, Calvary Community Services Inc contributes to alleviating poverty and enhancing the overall well-being of vulnerable populations in the region.
This information is meant to be a general summary of Calvary Community Services 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $44,055
- Program Service Revenue: $167,764
- Gross Receipts: $211,819
Assets and Liabilities:
- Total Assets: $5,054,651
- Total Liabilities: $392
- Net Assets: $5,054,259
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LP NOTE
Revenue
$159,972
PARTNERSHIP MGMT FEE
Revenue
$7,792
Organization Details
Founding Year
1980
Phone
(763) 231-2974Principal Officer
Dave Dahl
Main Address
7520 GOLDEN VALLEY ROAD, MINNEAPOLIS, MN, 554274506
NTEE Category
Code: L21 - Housing
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