Overview
What is Benet Place?
Benet Place is a nonprofit organization situated in St. Cloud, Minnesota, specifically at 1420 Minnesota Blvd SE. Their primary mission is to offer affordable housing for very low-income elderly individuals, providing them with a total of 40 rental units. This senior citizens housing project aims to ensure that these individuals have access to quality living accommodations. With a dedicated workforce of one employee, Benet Place continues to serve its community by providing a vital service.
Official website here: www.centracare.com
Is Benet Place legitimate?
Benet Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benet Place 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: $36,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,262
For more financial information, click here
Official website here: www.centracare.com
What is the mission statement of Benet Place?
Benet Place is dedicated to providing affordable housing for very low-income elderly individuals. Their mission is to ensure that these seniors have access to high-quality living spaces, as stated in their senior citizens housing project offering 40 rental units. This organization strives to make a significant impact in the lives of elderly people by offering them a secure and affordable living environment. The mission of Benet Place is carried out with the primary goal of supporting and uplifting elderly individuals who may be struggling financially.
Official website here: www.centracare.com
Who is the CEO of Benet Place?
John Linn is the Executive Director of Benet Place.
Official website here: www.centracare.com
What is the revenue of Benet Place?
Benet Place's revenue in 2022 was $298,030.
Official website here: www.centracare.com
Who are the executives of Benet Place and what are their salaries?
The average compensation at Benet Place during 2022 was $46,260. There is 1 employee and 7 volunteers at Benet Place.
Here are 11 key members and their salaries:
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- Related: $72,418
- Other: $27,402
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Official website here: www.centracare.com
Where can I find the form 990 for Benet Place?
Benet Place's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centracare.com
Learn more at the official website: www.centracare.com
Mission Statement of Benet Place
Benet Place, a nonprofit organization, is dedicated to providing affordable housing for very low-income elderly individuals. Their mission is to ensure that senior citizens have access to quality living spaces, thereby enhancing their living conditions. Through a senior citizens housing project, Benet Place offers 40 rental units, catering specifically to those who are financially disadvantaged. This initiative aims to offer a comfortable and secure living environment to elderly persons, thereby enriching their lives and promoting their well-being.
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Impact
October, 2024
Benet Place significantly impacts the community by offering affordable housing solutions specifically designed for very low-income elderly individuals. With 40 rental units dedicated to senior citizens, it enhances the quality of life for its residents by providing safe, accessible living spaces tailored to their needs. This housing project not only addresses the critical shortage of affordable options for seniors in St. Cloud, MN, but also fosters a sense of community among residents. By ensuring that low-income elderly persons have access to quality housing, Benet Place plays a crucial role in promoting dignity, independence, and a higher quality of life for its residents.
This information is meant to be a general summary of Benet Place. 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: $11
- Program Service Revenue: $288,191
- Gross Receipts: $298,030
Assets and Liabilities:
- Total Assets: $1,170,164
- Total Liabilities: $2,595,643
- Net Assets: -$1,425,479
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$288,191
Organization Details
Founding Year
1993
Phone
(320) 252-2557Principal Officer
John Linn
Main Address
1420 MINNESOTA BLVD SE, ST CLOUD, MN, 56304
Website
www.centracare.comNTEE Category
Code: L99Z - Housing
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