Overview
What is East Village Housing Corporation?
East Village Housing Corporation, located in Minneapolis, Minnesota, was a nonprofit organization dedicated to alleviating poverty, aiding the underprivileged, and combating community deterioration. Their mission was to lessen the burdens of government by providing assistance and improving living conditions. However, the organization had no activity during the year, as it merged with AEON in 2020, and all its assets were transferred by December 31, 2020. Despite its inactivity, East Village Housing Corporation's legacy of community betterment and care for the less fortunate continues to resonate.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
East Village Housing Corporation has received a commendable Four-Star rating from Charity Navigator, signifying its strong performance in accountability and financial health. The organization boasts a high Accountability & Finance Score of 94%, indicating effective management of resources and a commitment to transparency. With 71% independent board members and a solid conflict of interest policy in place, the organization demonstrates a strong governance structure.
The financial metrics of East Village Housing Corporation reflect its efficiency, with a program expense ratio of 94.39%, suggesting that a significant majority of its expenditures directly support its mission. Additionally, the organization has a perfect score in financial statements audit and shows no material diversion of assets, highlighting its financial integrity and responsible stewardship of donor funds.
While the organization shows robust financial health and governance, it is essential for potential donors and stakeholders to stay informed about its programs and impact. Overall, East Village Housing Corporation stands out for its strong commitment to accountability and effective use of resources to further its mission.
This AI summary has been generated from information found on Charity Navigator.
Is East Village Housing Corporation legitimate?
East Village Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Village 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of East Village Housing Corporation?
The East Village Housing Corporation's mission was centered around alleviating poverty and distress, aiding the underprivileged, and combating community deterioration. Additionally, their mission included lessening the burdens placed on government entities. This organization aimed to contribute significantly to these causes. Unfortunately, the corporation had no activity during the year, as it merged with AEON in 2020, and all assets were transferred by December 31, 2020.
Who is the CEO of East Village Housing Corporation?
Alan Arthur is the President of East Village Housing Corporation.
What is the revenue of East Village Housing Corporation?
East Village Housing Corporation's revenue in 2021 was $0.
Who are the executives of East Village Housing Corporation and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $195,613
- Other: $19,655
- Compensation: $0
- Related: $200,374
- Other: $14,037
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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 East Village Housing Corporation?
East Village Housing Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of East Village Housing Corporation
East Village Housing Corporation, a nonprofit organization, is dedicated to alleviating poverty, aiding the distressed, and supporting the underprivileged. Its mission is twofold: firstly, it aims to combat community deterioration, and secondly, it seeks to lessen the burdens placed upon government. In essence, the corporation strives to uplift those in need and improve the overall well-being of society. However, during the year in question, the organization did not engage in any activities due to a merger with AEON in 2020. As a result, all of its assets were transferred by December 31, 2020.
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Impact
October, 2024
East Village Housing Corporation has significantly contributed to alleviating poverty and enhancing community stability in Minneapolis. By focusing on the needs of the underprivileged, it has played a vital role in addressing housing insecurity and fostering community development.
Although the organization had no activity in recent years following its merger with AEON in 2020, the impact of its previous efforts continues to resonate within the local community. The transfer of its assets aimed to further strengthen housing initiatives, ultimately pushing toward a more equitable housing landscape and reducing the burdens on government resources.
Through its mission to relieve poverty and combat community deterioration, East Village Housing Corporation laid the groundwork for sustainable housing solutions that benefit those most in need, contributing to a stronger, more resilient community environment in Minneapolis.
This information is meant to be a general summary of East Village 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1998
Phone
(612) 341-3148Principal Officer
Alan Arthur
Main Address
901 N 3RD STREET 150, MINNEAPOLIS, MN, 55401
NTEE Category
Code: L20Z - Housing
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