Overview
What is Seven Corners Community Housing Corporation?
Seven Corners Community Housing Corporation is a nonprofit organization located in Minneapolis, Minnesota, specifically at 1808 Riverside Avenue South 201. Their primary mission is to provide 248 units of affordable housing for individuals and families residing in the West Bank area of Minneapolis. This organization is dedicated to enhancing the living conditions of the local community by making housing more accessible and affordable.
Is Seven Corners Community Housing Corporation legitimate?
Seven Corners Community Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seven Corners Community Housing Corporation 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 Seven Corners Community Housing Corporation?
Seven Corners Community Housing Corporation is dedicated to providing affordable housing solutions for individuals and families. Their mission, carried out on a non-profit basis, involves offering 248 units of affordable housing in a specific area. The corporation's primary goal is to make housing accessible to a wide range of people, thereby contributing to a more inclusive community. By providing affordable housing, they aim to contribute positively to the lives of those in need, enhancing their living conditions and promoting overall well-being.
Who is the CEO of Seven Corners Community Housing Corporation?
Tim Mungavan is the Treasurer of Seven Corners Community Housing Corporation.
What is the revenue of Seven Corners Community Housing Corporation?
Seven Corners Community Housing Corporation's revenue in 2023 was $3,296,573.
Who are the executives of Seven Corners Community Housing Corporation and what are their salaries?
There 5 volunteers at Seven Corners Community Housing Corporation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Seven Corners Community Housing Corporation?
Seven Corners Community Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Seven Corners Community Housing Corporation
Seven Corners Community Housing Corporation is a non-profit organization with a mission to provide affordable housing for individuals and families. This mission is carried out in a practical sense by offering 248 units of affordable housing in the West Bank area of Minneapolis, Minnesota. The corporation operates on a not-for-profit basis, aiming to make housing accessible for those who might otherwise struggle to afford it. By providing these housing units, Seven Corners Community Housing Corporation contributes to the well-being of its community by ensuring that a diverse range of people have a stable living environment.
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Impact
October, 2024
Seven Corners Community Housing Corporation significantly contributes to the community by providing 248 units of affordable housing for individuals and families in the West Bank area of Minneapolis, Minnesota. By addressing the pressing need for affordable living options, it enhances the quality of life for residents, fostering a sense of stability and belonging. The organization plays a crucial role in promoting inclusive neighborhoods, ensuring that diverse populations have access to safe and affordable housing. This impact not only alleviates financial burdens for low-income households but also supports broader community goals such as reducing homelessness and encouraging economic growth within the area.
This information is meant to be a general summary of Seven Corners Community Housing Corporation. 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: $10,301
- Program Service Revenue: $3,286,272
- Gross Receipts: $3,296,573
Assets and Liabilities:
- Total Assets: $8,990,970
- Total Liabilities: $15,987,492
- Net Assets: -$6,996,522
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,286,272
Organization Details
Founding Year
1982
Phone
(612) 673-0478Principal Officer
Tim Mungavan
Main Address
1808 RIVERSIDE AVENUE SOUTH 201, MINNEAPOLIS, MN, 55454
NTEE Category
Code: L200 - Housing
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