Overview
What is Outreach Development Corporation?
Outreach Development Corporation (ODC) is a nonprofit organization based in Plymouth, Minnesota. Their primary mission is to foster partnerships between public and private sectors to preserve, acquire, and develop affordable rental housing with accompanying services. This initiative caters to various income levels, ensuring the continuity of affordable housing options in the communities of Wayzata, Long Lake, Orono, Hamel, Medina, Medicine Lake, Minnetonka Beach, and Plymouth. ODC showcases advocacy efforts in community education, aiming to keep the local community informed, engaged, and invested in supporting housing initiatives. They also collaborate with public policy leaders to develop policies that promote the preservation and development of creative affordable housing solutions. In FY23, ODC successfully advocated for TIF and waivers supportive of the Melrose Commons proposal for state funding in Medina and continued engagement with Plymouth's HRA Commission.
Official website here: www.odchousing.org
Is Outreach Development Corporation legitimate?
Outreach Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Outreach Development 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.
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For more financial information, click here
Official website here: www.odchousing.org
What is the mission statement of Outreach Development Corporation?
The Outreach Development Corporation's mission is centered around partnering to preserve, acquire, and develop affordable housing with necessary services. This organization advocates for and mobilizes public-private partnerships to create affordable rental housing options in various income levels. They aim to keep the community informed and engaged in supporting local housing initiatives and solutions to the housing crisis. Their advocacy efforts involve relationship-building and collaboration with policy leaders to develop policies that preserve and develop creative affordable housing options. In the fiscal year 2023, they focused on successful advocacy with the City of Medina for TIF and waivers supportive of the Melrose Commons proposal for state funding, and continued engagement with the City of Plymouth's HRA commission. Their policy recommendations aim to address critical existing housing needs and provide viable housing solutions in line with the city's goals to meet projected population growth needs by 2030.
Official website here: www.odchousing.org
Who is the CEO of Outreach Development Corporation?
Ken Dayton is the President of Outreach Development Corporation.
Official website here: www.odchousing.org
What is the revenue of Outreach Development Corporation?
Outreach Development Corporation's revenue in 2023 was $398,121.
Official website here: www.odchousing.org
Who are the executives of Outreach Development Corporation and what are their salaries?
There 15 volunteers at Outreach Development Corporation.
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Official website here: www.odchousing.org
Where can I find the form 990 for Outreach Development Corporation?
Outreach Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.odchousing.org
Learn more at the official website: www.odchousing.org
Mission Statement of Outreach Development Corporation
Outreach Development Corporation (ODC) is committed to working in partnership to preserve, acquire, and develop affordable housing with accompanying services. Their mission is multifaceted, aiming to maintain, procure, and construct reasonably priced rental housing units that cater to a broad spectrum of income levels. By doing so, ODC seeks to serve numerous families and individuals within various communities.
Beyond just providing housing, ODC is actively engaged in advocacy efforts. They mobilize public and private partnerships to support the preservation, acquisition, and development of affordable housing options. Their advocacy initiatives are centered on community education, keeping the public informed and engaged in local housing matters. By fostering relationships with policy leaders, ODC works towards creating policies that promote the preservation and development of innovative affordable housing solutions.
In addition, ODC focuses on addressing the existing housing crisis and proposing viable solutions that align with the city's goals, aiming to accommodate projected population growth by 2030. In the fiscal year 2023, ODC was successful in advocating for TIF and waivers supportive of the Melrose Commons proposal for state funding, and continued engagement with the City of Plymouth's HRA Commission. Their staff and council recommendations prioritize the preservation and development of affordable housing options that meet critical needs and provide viable housing solutions.
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Impact
October, 2024
Outreach Development Corporation (ODC) plays a significant role in addressing the critical need for affordable housing in the west suburban communities of Minnesota, such as Wayzata, Long Lake, Orono, and Plymouth. By fostering public and private partnerships, ODC focuses on preserving, acquiring, and developing affordable rental housing that includes essential services. This approach not only ensures that housing options remain viable for families and individuals across a spectrum of income levels but also stabilizes communities over time.
ODC enhances community awareness and engagement through targeted advocacy and education initiatives, empowering residents to become informed and invested in local housing solutions. One of its key achievements in FY23 was the successful advocacy for Tax Increment Financing (TIF) and waivers for the Melrose Commons proposal in Medina, demonstrating ODC's capacity to influence local policy in favor of sustainable housing development.
Furthermore, ODC’s ongoing collaboration with the Plymouth Housing and Redevelopment Authority Commission indicates a commitment to aligning housing initiatives with the city's projected population growth and addressing the community’s pressing housing crisis. By actively engaging with local government, ODC strives to create policies that are conducive to preserving and developing innovative affordable housing options, thus ensuring that the needs of the community are met both now and in the future.
This information is meant to be a general summary of Outreach Development 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 2023.
- Investment Income: $9,161
- Program Service Revenue: $103,032
- Gross Receipts: $398,121
Assets and Liabilities:
- Total Assets: $7,596,880
- Total Liabilities: $1,124,997
- Net Assets: $6,471,883
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$103,032
Organization Details
Founding Year
2000
Phone
(763) 489-7500Principal Officer
Ken Dayton
Main Address
1605 COUNTY ROAD 101 NORTH, PLYMOUTH, MN, 55447
Website
www.odchousing.orgNTEE Category
Code: L20 - Housing
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