Congregate Housing Inc

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

EIN: 411374964 ✦ Waite park, MN ✦ Designated as a 501(c)(3)

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Overview

What is Congregate Housing Inc?

Congregate Housing Inc, located in Waite Park, Minnesota, is a nonprofit organization dedicated to providing affordable housing solutions. They operate a 20-unit low-income apartment complex, serving eligible tenants with a primary focus on elderly residents. The organization's mission is to ensure quality housing for its residents, striving to meet their needs effectively. The provision of low-income housing is at the heart of Congregate Housing Inc's activities, aiming to contribute positively to the community.

Is Congregate Housing Inc legitimate?

Congregate Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Congregate Housing 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: $6,445

For more financial information, click here

What is the mission statement of Congregate Housing Inc?

Congregate Housing Inc is dedicated to providing quality low-income housing. Their primary mission is to accommodate eligible elderly tenants in this regard. They achieved this through the establishment of a 20-unit low-income apartment complex, offering rental housing to qualified occupants. In essence, Congregate Housing Inc strives to enhance the living conditions of elderly individuals with limited financial resources by offering them suitable housing options.

Who is the CEO of Congregate Housing Inc?

Dennis Thorson is the Director of Congregate Housing Inc.

What is the revenue of Congregate Housing Inc?

Congregate Housing Inc's revenue in 2022 was $572,136.

Who are the executives of Congregate Housing Inc and what are their salaries?


Here are 5 key members and their salaries:


Dennis Thorson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Bentley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Bentley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Murn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Congregate Housing Inc?

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

Mission Statement of Congregate Housing Inc

Congregate Housing Inc, a nonprofit organization, is dedicated to providing quality low-income housing for eligible elderly tenants. Their mission is to ensure that senior citizens have access to suitable housing, offering them a place to call home. Through their operations, they provide rental housing to qualifying elderly occupants, specifically managing a 20-unit low-income apartment complex. This complex serves as a sanctuary for seniors, offering them a secure and affordable living space, thereby contributing to their overall well-being.

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Impact




October, 2024

Congregate Housing Inc significantly impacts the community by providing quality low-income housing specifically for qualifying elderly tenants. By offering a 20-unit apartment complex in Waite Park, MN, it addresses a critical need for affordable rental options for seniors. This initiative not only enhances the living conditions of its residents but also fosters a sense of community and belonging among the elderly, ensuring they have a supportive environment. The availability of low-income housing allows elderly tenants to maintain their independence while accessing necessary services and amenities, ultimately contributing to their overall well-being.




This information is meant to be a general summary of Congregate Housing 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
$572,136 (2022)
Expenses
$257,603 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $421,133
  • Program Service Revenue: $61,438
  • Gross Receipts: $711,013

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

RENTAL INCOME

Revenue

$61,438

Organization Details

Founding Year

1980

Principal Officer

Dennis Thorson

Main Address

175 7TH AVENUE SOUTH, WAITE PARK, MN, 56387

NTEE Category

Code: L22 - Housing

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