Overview
What is Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc?
Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc., established in 1991, is a nonprofit organization serving Fillmore and Houston counties. Its primary mission is to provide affordable housing for low- and moderate-income individuals. The organization has collaborated with the City of Spring Grove, managing their Tax Increment Financing District for a housing development project. One of their notable achievements includes the acquisition and renovation of Vesterheim Manor Apartments in 2013, offering 16 affordable rental units. Their activities are geared towards enhancing housing accessibility for those who may otherwise struggle with affordability.
Is Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc legitimate?
Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bluff Country Minnesota Multi-County Housing & Redevelopment Authority 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,477
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What is the mission statement of Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc?
The Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc's mission is centered around providing affordable housing for individuals with low and moderate incomes. This organization strives to make decent housing available to this specific demographic, serving as a crucial resource in meeting their housing needs. In fulfilling this mission, the authority acquires and rehabilitates existing properties, such as the Vesterheim Manor Apartments, to offer affordable rental units. Their efforts contribute to enhancing living conditions and promoting housing accessibility for the designated income group.
Who is the CEO of Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc?
Bob Carlson is the President of Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc.
What is the revenue of Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc?
Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc's revenue in 2022 was $86,087.
Who are the executives of Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc and what are their salaries?
There 4 volunteers at Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc?
Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc
Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc, established in 1991, is dedicated to providing affordable housing options for low and moderate-income individuals. The organization's primary purpose is to ensure that decent living spaces are accessible to those who might otherwise struggle to afford them. One of their notable projects includes their partnership with the City of Spring Grove, where they manage the city's Tax Increment Financing District for housing development.
In furtherance of their mission, Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc took on the rehabilitation of Vesterheim Manor Apartments in 2013. The renovation resulted in 16 affordable rental units that continue to serve the community. The authority's efforts in this area contribute significantly to addressing the housing needs of individuals within their financial bracket, thereby promoting a more equitable living environment.
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Impact
October, 2024
Bluff Country Minnesota Multi-County Housing & Redevelopment Authority Inc (BCHRA) significantly impacts the communities of Fillmore and Houston Counties by providing access to affordable housing for low and moderate-income individuals and families. Established in 1991, the authority focuses on creating decent housing options, enhancing the quality of life for residents in these areas.
One of its key initiatives is the collaboration with the City of Spring Grove to manage a Tax Increment Financing District, which supports the development of Four Season Acres housing development. This partnership fosters community growth and ensures that new housing projects address the needs of local residents.
In addition to new developments, BCHRA has also revitalized existing properties to meet the demand for affordable rental options. A prime example is the acquisition and rehabilitation of Vesterheim Manor Apartments in 2013, which provides 16 affordable rental units. This effort not only increases the availability of housing but also improves living conditions for tenants.
Overall, BCHRA plays a critical role in promoting housing stability, economic development, and community enhancement, ensuring that all residents, regardless of their income level, have access to safe and affordable living spaces.
This information is meant to be a general summary of Bluff Country Minnesota Multi-County Housing & Redevelopment Authority 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: $130
- Program Service Revenue: $85,957
- Gross Receipts: $86,087
Assets and Liabilities:
- Total Assets: $896,482
- Total Liabilities: $782,912
- Net Assets: $113,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING REVENUE
Revenue
$85,957
Organization Details
Founding Year
1991
Phone
(507) 864-8218Principal Officer
Bob Carlson
Main Address
204 SOUTH ELM STREET, RUSHFORD, MN, 55971
NTEE Category
Code: L20 - Housing
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