Overview
What is Holstein Homes Incorporated?
Holstein Homes Incorporated is a nonprofit organization situated in Algona, Iowa. Its primary mission is to offer affordable housing options for elderly, disabled, and family residents. The organization determines rent, which constitutes 30% of the applicant's annual income, with the balance being subsidized by USDA/Rural Development. Thanks to Holstein Homes Incorporated's efforts, 16 families were able to secure safe and reasonably priced housing. This vital nonprofit organization contributes significantly to the community by providing much-needed housing solutions.
Is Holstein Homes Incorporated legitimate?
Holstein Homes Incorporated is a legitimate nonprofit organization registered as a 501(c)(4) entity. Holstein Homes Incorporated 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 Holstein Homes Incorporated?
Holstein Homes Incorporated is committed to offering affordable housing options for elderly, disabled individuals, and families. They achieve this by setting rent at 30% of the applicant's annual income, with the remaining cost being subsidized by USDA/Rural Development. As a result, the organization has assisted 16 families in securing safe and affordable homes. Located in an unspecified location, Holstein Homes Incorporated plays a significant role in providing housing solutions for those in need.
Who is the CEO of Holstein Homes Incorporated?
Gary Jensen is the President of Holstein Homes Incorporated.
What is the revenue of Holstein Homes Incorporated?
Holstein Homes Incorporated's revenue in 2022 was $75,911.
Who are the executives of Holstein Homes Incorporated 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 Holstein Homes Incorporated?
Holstein Homes Incorporated's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Holstein Homes Incorporated
Holstein Homes Incorporated is dedicated to offering affordable housing options for elderly, disabled, and family residents. They set rent at 30% of an applicant's annual income, with the remaining balance being subsidized by USDA/Rural Development. This strategic approach allows 16 families to secure safe and budget-friendly homes. Holstein Homes Incorporated's mission is centered around providing a sense of security and stability for its residents, ensuring they can live comfortably within their means.
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Impact
October, 2024
Holstein Homes Incorporated plays a crucial role in enhancing the quality of life for residents in Holstein, Iowa, particularly for vulnerable populations such as the elderly, disabled, and families. By offering low-rent housing options, the organization ensures that individuals and families can secure safe and affordable living conditions. The rent structure, based on just 30% of an applicant's yearly income, makes housing accessible to those who may otherwise struggle with high living costs.
Subsidized by USDA/Rural Development, Holstein Homes has successfully assisted 16 families in finding stable homes, fostering a sense of community and security. This impactful initiative not only addresses immediate housing needs but also contributes to the overall well-being of the community by promoting stability and dignity for its residents.
This information is meant to be a general summary of Holstein Homes Incorporated. 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: $75,029
- Gross Receipts: $75,911
Assets and Liabilities:
- Total Assets: $126,903
- Total Liabilities: $59,064
- Net Assets: $67,839
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Organization Details
Phone
(515) 295-2927Principal Officer
Gary Jensen
Main Address
PO Box 476, Algona, IA, 50511
NTEE Category
Code: L22 - Housing
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