Marian Housing Of Gilbertville Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421055927 ✦ Independence, IA ✦ Designated as a 501(c)(4)

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Overview

What is Marian Housing Of Gilbertville Inc?

Marian Housing of Gilbertville Inc is a nonprofit organization situated in Independence, Iowa, with a dedicated mission to cater to the housing needs of low and moderate income elderly rural residents. They offer rental housing units and associated facilities, tailoring their services to meet the unique requirements of this specific demographic. The organization's primary goal is to provide affordable housing solutions, ensuring that the elderly in rural areas have access to suitable living accommodations.

Is Marian Housing Of Gilbertville Inc legitimate?

Marian Housing Of Gilbertville Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Marian Housing Of Gilbertville 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 Marian Housing Of Gilbertville Inc?

Marian Housing of Gilbertville Inc. is dedicated to providing affordable housing solutions for low and moderate income elderly individuals with unique needs. This organization operates rental units and related facilities with a focus on catering to their specific living requirements. Their mission is centered around this goal, aiming to make housing accessible for those in need, regardless of their location. Despite being based in Independence, IA, their reach extends beyond their locality, providing a much-needed service to many elderly rural residents.

Who is the CEO of Marian Housing Of Gilbertville Inc?

Vince Mcfadden is the President of Marian Housing Of Gilbertville Inc.

What is the revenue of Marian Housing Of Gilbertville Inc?

Marian Housing Of Gilbertville Inc's revenue in 2022 was $68,545.

Who are the executives of Marian Housing Of Gilbertville Inc and what are their salaries?


Here are 7 key members and their salaries:


Vince Mcfadden (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Youngblut (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Bloes (Secretary-Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Steimel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schoellen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Schmitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Marian Housing Of Gilbertville Inc?

Marian Housing Of Gilbertville Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Marian Housing Of Gilbertville Inc

Marian Housing of Gilbertville is dedicated to serving the unique housing needs and living requirements of low-income elderly individuals residing in rural areas. This nonprofit organization, located in Independence, Iowa, has a mission centered around providing affordable housing solutions. The heart of Marian Housing's mission lies in catering to the special needs of its residents, ensuring they have a comfortable and secure living environment. By focusing on rural areas, the organization seeks to address the housing needs of a population often overlooked by other housing solutions.

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Impact




October, 2024

Marian Housing of Gilbertville Inc plays a crucial role in addressing the housing needs of low and moderate-income elderly residents in rural areas. By operating rental housing units and related facilities specifically designed for this demographic, the organization ensures that elderly individuals have access to safe, affordable, and suitable living environments. This focus not only improves the quality of life for its residents but also fosters a sense of community and belonging among them.

In a rural context where affordable housing can often be scarce, Marian Housing provides critical support that enables elderly residents to maintain their independence and dignity. The organization’s commitment to catering to the unique requirements of older adults helps alleviate some of the challenges they face, such as social isolation and financial insecurity. By offering tailored housing solutions, Marian Housing not only meets basic shelter needs but also enhances the overall well-being of vulnerable populations.




This information is meant to be a general summary of Marian Housing Of Gilbertville 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.

Revenue
$68,545 (2022)
201420152019202020212022$0$20,000$40,000$60,000$80,000
Expenses
$51,566 (2022)
201420152019202020212022$0$15,000$30,000$45,000$60,000
Efficiency
2014201520192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $153
  • Program Service Revenue: $57,403
  • Gross Receipts: $68,545

Assets and Liabilities:

  • Total Assets: $133,516
  • Total Liabilities: $31,242
  • Net Assets: $102,274

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Organization Details

Principal Officer

Vince Mcfadden

Main Address

302 1ST STREET EAST, INDEPENDENCE, IA, 50644

NTEE Category

Code: L22 - Housing

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