Overview
What is Montezuma Development Corp?
Montezuma Development Corp is a nonprofit organization situated in Montezuma, Iowa, specifically at AKA Sunny View Square. Their primary mission is to provide affordable housing options for elderly individuals who are financially disadvantaged or disabled. They accomplish this by offering subsidized loans and rental assistance to construct and maintain suitable living spaces for these elderly citizens. In essence, Montezuma Development Corp aims to enhance the quality of life for the elderly population in their community by ensuring they have accessible and affordable housing solutions.
Is Montezuma Development Corp legitimate?
Montezuma Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Montezuma Development Corp 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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What is the mission statement of Montezuma Development Corp?
Montezuma Development Corp's mission is centered around providing affordable housing solutions for elderly individuals who are financially disadvantaged or disabled. The corporation achieves this objective through the provision of subsidized loans and rental assistance. Their mission is to ensure that elderly people, regardless of their financial situation, have access to decent housing. This organization is dedicated to enhancing the living conditions of elderly individuals by alleviating the financial burden associated with housing costs.
Who is the CEO of Montezuma Development Corp?
Eldon Snook is the Secretary of Montezuma Development Corp.
What is the revenue of Montezuma Development Corp?
Montezuma Development Corp's revenue in 2022 was $177,536.
Who are the executives of Montezuma Development Corp and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Montezuma Development Corp?
Montezuma Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Montezuma Development Corp
Montezuma Development Corp is dedicated to providing a mission that caters to the needs of elderly citizens who fall under the low-income bracket or have disabilities. This nonprofit organization achieves this objective by offering subsidized loans and rental assistance, thereby making it possible for elderly individuals to secure affordable housing options. The ultimate goal of Montezuma Development Corp is to enhance the living conditions of elderly people who may struggle financially or have physical limitations, ensuring they can live comfortably and with dignity.
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Impact
October, 2024
Montezuma Development Corp plays a crucial role in enhancing the quality of life for elderly citizens in Montezuma, Iowa, by addressing the significant challenge of affordable housing. Through the provision of low-income rental housing and rental assistance, the organization ensures that elderly individuals, particularly those who are low income or disabled, have access to safe and comfortable living conditions.
By offering subsidized loans and financial assistance, Montezuma Development Corp alleviates the financial burdens faced by these vulnerable populations, enabling them to maintain their independence and dignity. This support not only improves their living situations but also contributes to the overall well-being of the community, fostering a more inclusive and supportive environment for aging residents.
This information is meant to be a general summary of Montezuma Development Corp. 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: $177,536
- Gross Receipts: $177,536
Assets and Liabilities:
- Total Assets: $226,323
- Total Liabilities: $71,403
- Net Assets: $154,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$117,705
RHS RENTAL ASSISTANCE
Revenue
$59,831
Organization Details
Phone
(515) 223-0300Principal Officer
Eldon Snook
Main Address
AKA SUNNY VIEW SQUARE, MONTEZUMA, IA, 50171
NTEE Category
Code: L22 - Housing
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