Overview
What is Make Old Things New Inc?
Make Old Things New Inc, located in Minneapolis, Minnesota, is a dedicated nonprofit organization with a mission to provide affordable housing for individuals who have faced challenges, such as a limited income, disadvantaged backgrounds, or a history of homelessness. The organization aims to help these individuals transition into a better quality of life by offering housing options. With a small team of just two employees, Make Old Things New Inc is committed to providing support and making a positive impact in their community.
Is Make Old Things New Inc legitimate?
Make Old Things New Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Make Old Things New 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $900
For more financial information, click here
What is the mission statement of Make Old Things New Inc?
Make Old Things New Inc's mission is centered around assisting individuals in distress or transition, striving to enhance their quality of life. The organization's primary focus is to provide affordable housing options for individuals who have faced challenges in finding housing due to personal histories, limited income, and previous rental issues. By offering affordable housing, Make Old Things New Inc aims to make a significant impact in improving the living conditions of disadvantaged and previously homeless individuals.
Who is the CEO of Make Old Things New Inc?
Karen Troyer is the Executive Director of Make Old Things New Inc.
What is the revenue of Make Old Things New Inc?
Make Old Things New Inc's revenue in 2022 was $729,881.
Who are the executives of Make Old Things New Inc and what are their salaries?
The average compensation at Make Old Things New Inc during 2022 was $22,950. There are 2 employees and 6 volunteers at Make Old Things New Inc.
Here are 4 key members and their salaries:
- Compensation: $45,000
- 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 Make Old Things New Inc?
Make Old Things New Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Make Old Things New Inc
Make Old Things New Inc is dedicated to assisting individuals in distress and transition, aiming to enhance their quality of life. The organization's primary mission is to provide affordable housing solutions for low-income and disadvantaged individuals who have faced challenges in securing housing due to personal histories, limited income, and past rental records. By offering housing opportunities, Make Old Things New Inc seeks to provide a stable living environment, thereby enabling these individuals to improve their lives.
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Impact
July, 2024
Make Old Things New Inc helps people in distress and transition achieve a better quality of life by providing affordable housing for low-income, disadvantaged, and previously homeless individuals in Minneapolis, MN. Their mission is focused on improving the living situations of those who have struggled to find other housing options due to personal histories, limited income, and prior rental histories. By offering stable and affordable housing solutions, Make Old Things New Inc is making a direct impact on the lives of individuals who are most in need, helping them rebuild their lives and move towards a brighter future.
This information is meant to be a general summary of Make Old Things New 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: $626,413
- Program Service Revenue: $39,135
- Gross Receipts: $1,118,760
Assets and Liabilities:
- Total Assets: $683,048
- Total Liabilities: $2,256
- Net Assets: $680,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$39,135
Organization Details
Founding Year
1988
Phone
(612) 910-1124Principal Officer
Karen Troyer
Main Address
PO BOX 583777, MINNEAPOLIS, MN, 55458
NTEE Category
Code: L41 - Housing
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