Overview
What is Memorial Hospital & Homes Inc?
Memorial Hospital & Homes Inc is a nonprofit organization situated in Perham, Minnesota. Its primary mission is to offer affordable housing solutions for individuals and families with moderate to low incomes. The organization manages a 38-unit apartment complex, providing a vital living space for those in need. By offering affordable housing, Memorial Hospital & Homes Inc contributes to the community's overall well-being, enabling its residents to focus on other essential aspects of their lives.
Is Memorial Hospital & Homes Inc legitimate?
Memorial Hospital & Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Hospital & Homes 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: $0
For more financial information, click here
What is the mission statement of Memorial Hospital & Homes Inc?
Memorial Hospital & Homes Inc is committed to providing affordable housing options for individuals with low and moderate income levels. This mission is carried out through the operation of a 38-unit apartment complex, specifically designed for tenants within this income bracket. The organization's primary goal is to ensure that affordable housing remains accessible, thereby contributing to the overall well-being and stability of its residents. By providing affordable housing, Memorial Hospital & Homes Inc aims to alleviate housing-related stress and promote a sense of community among its tenants.
Who is the CEO of Memorial Hospital & Homes Inc?
Tim Graff is the Board Member of Memorial Hospital & Homes Inc.
What is the revenue of Memorial Hospital & Homes Inc?
Memorial Hospital & Homes Inc's revenue in 2023 was $396,877.
Who are the executives of Memorial Hospital & Homes Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Memorial Hospital & Homes Inc?
Memorial Hospital & Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Memorial Hospital & Homes Inc
Memorial Hospital & Homes Inc, as a nonprofit organization, is committed to providing affordable housing solutions for individuals with low and moderate incomes. Their mission is clearly defined, focusing on the creation and maintenance of housing facilities that are within the financial reach of these income groups. This mission is exemplified in their operation of a 38-unit apartment complex, designed specifically for tenants who fall under the low to moderate income bracket. By offering affordable housing, Memorial Hospital & Homes Inc plays a significant role in ensuring that everyone has access to a decent living space, regardless of their financial situation. The organization's mission is an essential contribution to the community, providing a vital service that helps maintain social equity and stability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Memorial Hospital & Homes Inc significantly impacts the community by providing affordable housing options for low and moderate-income tenants in Perham, Minnesota. With a focus on creating accessible living spaces, the organization operates a 38-unit apartment complex designed to meet the needs of those who might otherwise struggle to find suitable housing. This initiative not only enhances the quality of life for residents but also fosters stability and supports economic growth within the community by ensuring that individuals and families have a safe and secure place to live. By addressing the critical need for low-income housing, Memorial Hospital & Homes Inc plays a vital role in promoting inclusivity and well-being in the region.
This information is meant to be a general summary of Memorial Hospital & Homes 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 2023.
- Investment Income: $2,813
- Program Service Revenue: $377,289
- Gross Receipts: $396,877
Assets and Liabilities:
- Total Assets: $600,465
- Total Liabilities: $192,229
- Net Assets: $408,236
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$377,289
Organization Details
Founding Year
1982
Principal Officer
Tim Graff
Main Address
415 8TH AVENUE SOUTH, PERHAM, MN, 56573
NTEE Category
Code: L22Z - Housing
If you are a representative of Memorial Hospital & Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.