Buffalo Lake Area Housing Inc

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

EIN: 411381911 ✦ Buffalo lake, MN ✦ Designated as a 501(c)(4)

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Overview

What is Buffalo Lake Area Housing Inc?

Buffalo Lake Area Housing Inc is a nonprofit organization dedicated to offering affordable housing solutions in Buffalo Lake. Specifically, they manage and maintain a low-income apartment building within the city, providing a vital residence for individuals and families living on limited income. This organization's mission revolves around making a positive impact on the local community by ensuring accessible and suitable housing options.

Is Buffalo Lake Area Housing Inc legitimate?

Buffalo Lake Area Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Buffalo Lake Area Housing Inc submitted a form 990EZ, 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.

What is the mission statement of Buffalo Lake Area Housing Inc?

Buffalo Lake Area Housing Inc's mission is centered around managing and maintaining a low-income apartment building, thereby providing affordable housing options for individuals in need. The organization's primary objective is to contribute to the community by offering housing solutions for those with limited financial resources. By doing so, it aims to promote social inclusion and support the well-being of its residents. The organization's activities are focused on maintaining the property to ensure a safe and comfortable living environment for its residents.

Who is the CEO of Buffalo Lake Area Housing Inc?

Mary Baumgarten is the President of Buffalo Lake Area Housing Inc.

What is the revenue of Buffalo Lake Area Housing Inc?

Buffalo Lake Area Housing Inc's revenue in 2022 was $51,593.

Who are the executives of Buffalo Lake Area Housing Inc and what are their salaries?


Here are 9 key members and their salaries:


Mary Baumgarten (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Taylor (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Deal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Weispfenning (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Wehking (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loren Mackey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kory Kottke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Deal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Buffalo Lake Area Housing Inc?

Buffalo Lake Area Housing Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Buffalo Lake Area Housing Inc

Buffalo Lake Area Housing Inc is committed to managing and maintaining a low-income apartment building, offering affordable housing solutions within the city. The organization's mission is to make housing accessible for individuals with limited financial resources, thereby contributing to their overall well-being and stability. By overseeing a low-income apartment building, Buffalo Lake Area Housing Inc provides a crucial service, enabling individuals and families to secure a safe and comfortable living environment. The organization's efforts in this regard aim to bridge the gap in housing availability for those who require financial assistance, thereby promoting social equity and inclusivity in the community.

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Impact




October, 2024

Buffalo Lake Area Housing Inc significantly impacts the community by providing affordable housing options for low-income residents in Buffalo Lake, MN. By managing and maintaining a dedicated apartment building, the organization ensures that individuals and families facing financial hardships have access to safe and stable living conditions. This not only fosters a sense of community but also contributes to the overall well-being of residents, allowing them to focus on other aspects of their lives, such as employment, education, and health. The presence of affordable housing options helps to combat homelessness and housing insecurity in the area, creating a positive ripple effect throughout the local economy and community.




This information is meant to be a general summary of Buffalo Lake Area 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
$51,593 (2022)
Expenses
$54,725 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $51,581
  • Gross Receipts: $51,593

Assets and Liabilities:

  • Total Assets: $123,383
  • Total Liabilities: $46,895
  • Net Assets: $76,488

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Organization Details

Principal Officer

Mary Baumgarten

Main Address

PO BOX 368, BUFFALO LAKE, MN, 55314

NTEE Category

Code: L80 - Housing

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