Overview
What is St Paul's Home Inc?
St. Paul's Home Inc. is a nonprofit organization situated in Minneapolis, Minnesota. Their primary mission is to operate a subsidized apartment building, providing affordable housing for low-income elderly and handicapped individuals. This housing is specifically designed to cater to their physical, social, and psychological needs, aiming to promote their health, security, happiness, and usefulness in longer living. The charges for these facilities and services are maintained on a non-profit basis, ensuring that those who require such housing are not left without adequate options.
Is St Paul's Home Inc legitimate?
St Paul's Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Paul's Home 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:
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What is the mission statement of St Paul's Home Inc?
St. Paul's Home Inc. is dedicated to providing suitable housing facilities and services for the elderly and disabled individuals. These services are designed to meet their physical, social, and psychological needs, aiming to enhance their health, security, happiness, and productivity in their long-term living. The cost of these facilities and services is determined based on the provision, maintenance, and operation of the home on a non-profit basis. This means that St. Paul's Home Inc. operates with the goal of providing necessary housing without profiting from it, as there might not be adequate housing options available for these groups.
Who is the CEO of St Paul's Home Inc?
Elena Nelson is the President of St Paul's Home Inc.
What is the revenue of St Paul's Home Inc?
St Paul's Home Inc's revenue in 2022 was $573,265.
Who are the executives of St Paul's Home Inc and what are their salaries?
There 12 volunteers at St Paul's Home Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for St Paul's Home Inc?
St Paul's Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Paul's Home Inc
St. Paul's Home Inc is dedicated to providing a sanctuary for elderly and handicapped individuals, tailoring its housing facilities and services to cater to their physical, social, and psychological needs. This non-profit organization strives to promote the health, security, happiness, and usefulness of its residents, enabling them to live out their later years in comfort. The charges for these facilities and services are based on the costs associated with their provision, maintenance, and operation, with the intention of operating on a non-profit basis. This means that the organization does not prioritize profit, but rather focuses on ensuring adequate housing for these vulnerable groups when such housing is not readily available.
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Impact
October, 2024
St. Paul's Home Inc. significantly enhances the lives of low-income elderly and handicapped individuals by operating subsidized housing specifically designed to meet their unique needs. Located in Minneapolis, MN, this organization provides a safe and supportive environment where residents can find stability and community.
The facilities and services offered cater to the physical, social, and psychological requirements of the residents, promoting their overall health and well-being. By focusing on the specific needs of the elderly and handicapped, St. Paul's Home Inc. ensures that these individuals have access to essential resources, enabling them to lead fulfilling lives.
This initiative not only addresses the critical issue of inadequate housing for vulnerable populations but also fosters a sense of security and belonging among residents. By maintaining affordable living conditions, St. Paul's Home Inc. empowers its residents, allowing them to achieve greater independence and maintain a higher quality of life as they age.
This information is meant to be a general summary of St Paul's Home 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: $2,403
- Program Service Revenue: $556,308
- Gross Receipts: $573,265
Assets and Liabilities:
- Total Assets: $1,340,995
- Total Liabilities: $43,001
- Net Assets: $1,297,994
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PMTS
Revenue
$327,044
RENT INCOME TENANTS
Revenue
$190,246
PROGRAM REVENUE
Revenue
$30,985
TENANT CHARGES
Revenue
$7,445
MISCELLANEOUS INCOME
Revenue
$588
Organization Details
Founding Year
1974
Phone
(612) 238-5229Principal Officer
Elena Nelson
Main Address
2742 15TH AVENUE SOUTH, MINNEAPOLIS, MN, 55407
NTEE Category
Code: L22 - Housing
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