Overview
What is We Care Housing Association Inc?
We Care Housing Association Inc, situated in Lineville, Iowa, is a dedicated nonprofit organization. Its primary mission is to provide affordable housing options for vulnerable individuals and families, including the elderly and disabled. By calculating rent based on 30% of an applicant's annual income, the organization ensures that the remaining amount is covered through USDA/Rural Development subsidies. This innovative approach has been successful in assisting 12 families in securing stable and cost-effective homes.
Is We Care Housing Association Inc legitimate?
We Care Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. We Care Housing Association Inc submitted a form 990EZ, 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.
What is the mission statement of We Care Housing Association Inc?
We Care Housing Association Inc's mission is centered around providing affordable housing options. Specifically, the organization aims to offer residences at reasonably low rents to eligible individuals, including the elderly, disabled, and families. The rent is calculated as 30% of the applicant's annual income, with the remaining amount being subsidized by USDA/Rural Development. As a result of this initiative, We Care Housing Association Inc has successfully helped 12 families secure stable and affordable housing.
Who is the CEO of We Care Housing Association Inc?
Carla Rankin is the President of We Care Housing Association Inc.
What is the revenue of We Care Housing Association Inc?
We Care Housing Association Inc's revenue in 2022 was $65,337.
Who are the executives of We Care Housing Association Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for We Care Housing Association Inc?
We Care Housing Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of We Care Housing Association Inc
We Care Housing Association, a nonprofit organization, is committed to providing affordable housing solutions for eligible individuals and families. Its primary mission is to offer low-rent options to the elderly, disabled, and families, ensuring they can secure a stable living environment. The association determines rent based on 30% of the applicant's annual income, with the remaining balance subsidized by USDA/Rural Development. As a result of this initiative, We Care Housing Association has successfully assisted 12 families in finding their new homes, providing them with a sense of security and stability.
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Impact
October, 2024
We Care Housing Association Inc significantly impacts the community in Lineville, Iowa, by providing accessible and affordable housing solutions. The association specifically targets the elderly, disabled individuals, and families, offering homes where rent is set at just 30% of the applicants' yearly income. This model not only alleviates financial burdens but also ensures housing stability for its residents.
Through collaboration with USDA/Rural Development, We Care Housing Association has successfully subsidized housing costs, allowing 12 families to secure stable living conditions. This initiative fosters a sense of community and support among residents, enhancing their overall quality of life. By focusing on affordable housing, the association contributes to building a more inclusive environment where vulnerable populations can thrive.
This information is meant to be a general summary of We Care Housing Association 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.
- Program Service Revenue: $64,249
- Gross Receipts: $65,337
Assets and Liabilities:
- Total Assets: $110,811
- Total Liabilities: $47,692
- Net Assets: $63,119
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Organization Details
Phone
(515) 295-2927Principal Officer
Carla Rankin
Main Address
PO Box 476, Algona, IA, 50511
NTEE Category
Code: L22 - Housing
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