Overview
What is Chanhassen Post 580 Housing Corp?
Chanhassen Post 580 Housing Corp is a nonprofit organization situated in Chanhassen, Minnesota, with an address at 290 Lake Drive East. Its primary role is to manage and rent a facility to American Legion Post 580, a tax-exempt organization under IRC Section 501(C)(19). The corporation's purpose is to ensure the smooth operation of this facility for its intended use by the American Legion Post 580.
Is Chanhassen Post 580 Housing Corp legitimate?
Chanhassen Post 580 Housing Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Chanhassen Post 580 Housing Corp 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.
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What is the mission statement of Chanhassen Post 580 Housing Corp?
The mission of Chanhassen Post 580 Housing Corp is centered around holding title, owning, managing, and renting a facility to American Legion Post 580, an exempt organization under IRC Section 501(C)(19). This corporation's primary role is to support the operations of the American Legion Post 580 by providing them with a suitable place to conduct their activities. By doing so, Chanhassen Post 580 Housing Corp plays a crucial role in enabling the American Legion Post 580 to carry out its own missions and serve its members effectively.
Who is the CEO of Chanhassen Post 580 Housing Corp?
Eugene Borg is the Principal Officer of Chanhassen Post 580 Housing Corp.
What is the revenue of Chanhassen Post 580 Housing Corp?
Chanhassen Post 580 Housing Corp's revenue in 2022 was $84,000.
Who are the executives of Chanhassen Post 580 Housing Corp and what are their salaries?
Here are 9 key members and their salaries:
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- Compensation: $43,553
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Where can I find the form 990 for Chanhassen Post 580 Housing Corp?
Chanhassen Post 580 Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chanhassen Post 580 Housing Corp
Chanhassen Post 580 Housing Corp is a dedicated organization with a clear mission. Its primary objective is to support American Legion Post 580, a nonprofit under IRC Section 501(C)(19). In essence, Chanhassen Post 580 Housing Corp serves as a landlord, owning, managing, and renting a facility to this exempt organization. By doing so, it plays a crucial role in providing a suitable space for American Legion Post 580 to carry out its activities. This mission is instrumental in enabling American Legion Post 580 to continue serving its purpose within the community without the burden of property management. The relationship between Chanhassen Post 580 Housing Corp and American Legion Post 580 is a mutually beneficial one, as the former provides the necessary infrastructure, while the latter focuses on its mission of serving the community.
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Impact
October, 2024
Chanhassen Post 580 Housing Corp plays a vital role in supporting the local community by providing the necessary infrastructure for American Legion Post 580. By holding title, owning, managing, and renting the facility, it ensures that this veterans' organization has a dedicated space to carry out its activities. The impact of this organization is multifaceted, promoting community improvement, fostering connections among veterans, and offering a gathering place for social and service activities.
This facility not only serves the needs of veterans but also strengthens community ties by hosting events that are open to the public. The support of Chanhassen Post 580 Housing Corp enhances the legion's ability to serve its members and the broader community, ensuring that important initiatives and programs can flourish. This commitment fosters a sense of belonging and encourages active participation in community life, ultimately contributing to the well-being of the area in and around Chanhassen, Minnesota.
This information is meant to be a general summary of Chanhassen Post 580 Housing Corp. 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.
- Program Service Revenue: $84,000
- Gross Receipts: $84,000
Assets and Liabilities:
- Total Assets: $1,841,782
- Total Liabilities: $0
- Net Assets: $1,841,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$84,000
Organization Details
Founding Year
1958
Phone
(952) 934-6677Principal Officer
Eugene Borg
Main Address
290 LAKE DRIVE EAST, CHANHASSEN, MN, 55317
NTEE Category
Code: S47 - Community improvement
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