Overview
What is Ford House Inc?
Ford House Inc, based in St. Paul, Minnesota, serves as a nonprofit organization dedicated to providing affordable housing. Specifically, they have contributed 11 units to residents eligible under Section 811 of the National Housing Act. Their management agent, CommonBond Communities, ensures the upkeep of the housing facility and property, maintaining its condition while also securing continuous housing assistance from the U.S. Department of Housing and Urban Development. In essence, Ford House Inc's mission is to operate an 11-unit residential apartment building, aiming to contribute positively to the community by offering affordable housing options.
Is Ford House Inc legitimate?
Ford House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ford House 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:
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What is the mission statement of Ford House Inc?
Ford House Inc was established with the purpose of developing and operating an affordable housing residential apartment complex. The organization successfully provided 11 housing units to eligible residents under Section 811 of the National Housing Act. To ensure the facility and property remained in good condition, Ford House Inc engaged a management agent, CommonBond Communities, who also secured continuous housing assistance from the U.S. Department of Housing and Urban Development. In essence, Ford House Inc's mission is dedicated to providing affordable housing and maintaining its infrastructure to support eligible residents.
Who is the CEO of Ford House Inc?
Deidre Schmidt is the CEO of Ford House Inc The CEO's salary of Ford House Inc is $0 and their total compensation is $319,388.
What is the revenue of Ford House Inc?
Ford House Inc's revenue in 2023 was $118,279.
Who are the executives of Ford House Inc and what are their salaries?
Here are 12 key members and their salaries (Ford House Inc's CEO's salary is $0 and their total compensation is $319,388):
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- Related: $195,428
- Other: $18,845
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- Related: $297,474
- Other: $21,914
Where can I find the form 990 for Ford House Inc?
Ford House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ford House Inc
Ford House Inc, a nonprofit organization, was established with the primary mission of developing and operating an affordable housing residential apartment complex. Specifically, they aimed to provide 11 units of housing to individuals who qualify under Section 811 of the National Housing Act. To ensure the continued success of this initiative, Ford House Inc relied on the services of a management agent, CommonBond Communities, to maintain the facility and property in good condition. Additionally, Ford House Inc secured ongoing housing assistance from the U.S. Department of Housing and Urban Development, demonstrating their commitment to providing affordable housing solutions.
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Impact
October, 2024
Ford House Inc significantly enhances the quality of life for the community by providing 11 units of affordable housing for residents eligible under Section 811 of the National Housing Act. This initiative addresses the critical need for accessible housing in St. Paul, MN, by ensuring that individuals and families can secure stable and affordable living arrangements.
Through its partnership with CommonBond Communities, Ford House Inc effectively manages and maintains the housing facility, ensuring it remains in good condition and a safe environment for residents. The organization also secures vital housing assistance from the U.S. Department of Housing and Urban Development, further solidifying its commitment to supporting those in need.
By focusing on affordable housing, Ford House Inc plays a crucial role in fostering community stability, creating opportunities for residents to thrive, and contributing to the overall well-being of the area.
This information is meant to be a general summary of Ford House 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: $91
- Program Service Revenue: $118,188
- Gross Receipts: $118,279
Assets and Liabilities:
- Total Assets: $418,800
- Total Liabilities: $45,749
- Net Assets: $373,051
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING ASSISTANCE
Revenue
$70,787
TENANT RENTS
Revenue
$47,230
MISCELLANEOUS
Revenue
$171
Organization Details
Founding Year
1992
Principal Officer
Val Crutcher
NTEE Category
Code: L20Z - Housing
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