Oskaloosa Retirement Homes Inc C/O Keyway Management Company

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

EIN: 421081648 ✦ West des moines, IA ✦ Designated as a 501(c)(4)

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Overview

What is Oskaloosa Retirement Homes Inc C/O Keyway Management Company?

Oskaloosa Retirement Homes Inc, under the management of Keyway Management Company, is a nonprofit organization situated in West Des Moines, Iowa. Their primary mission is to provide affordable housing for the elderly, adhering to the regulations set by the USDA Rural Development. The 60-unit project they manage has achieved an impressive average occupancy rate of 84% in the current year. Their goal is to contribute to the community in Oskaloosa, Iowa, by offering low-income housing options for the elderly population.

Is Oskaloosa Retirement Homes Inc C/O Keyway Management Company legitimate?

Oskaloosa Retirement Homes Inc C/O Keyway Management Company is a legitimate nonprofit organization registered as a 501(c)(4) entity. Oskaloosa Retirement Homes Inc C/O Keyway Management Company 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,225

For more financial information, click here

What is the mission statement of Oskaloosa Retirement Homes Inc C/O Keyway Management Company?

The mission of Oskaloosa Retirement Homes Inc, managed by Keyway Management Company, is centered around providing affordable housing options for the elderly. This mission is carried out by offering low-income rental units, adhering to USDA Rural Development regulations. The project, consisting of 60 units, has maintained an average occupancy rate of 84% in the current year.

Who is the CEO of Oskaloosa Retirement Homes Inc C/O Keyway Management Company?

Patricia Harland is the Director of Oskaloosa Retirement Homes Inc C/O Keyway Management Company.

What is the revenue of Oskaloosa Retirement Homes Inc C/O Keyway Management Company?

Oskaloosa Retirement Homes Inc C/O Keyway Management Company's revenue in 2022 was $389,970.

Who are the executives of Oskaloosa Retirement Homes Inc C/O Keyway Management Company and what are their salaries?

There 7 volunteers at Oskaloosa Retirement Homes Inc C/O Keyway Management Company.


Here are 7 key members and their salaries:


Becky Newman Left Nov 2022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Batman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Harland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Plate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khearston Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kearstin Shipman (Site Mgr/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherlynn Waite (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oskaloosa Retirement Homes Inc C/O Keyway Management Company?

Oskaloosa Retirement Homes Inc C/O Keyway Management Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Oskaloosa Retirement Homes Inc C/O Keyway Management Company

Oskaloosa Retirement Homes Inc C/O Keyway Management Company, as a nonprofit organization, is dedicated to providing low-income housing for the elderly in an unspecified locale. Their primary mission revolves around offering suitable living accommodations to those who meet the USDA Rural Development regulations. In the current year, their 60-unit project has managed to maintain an impressive average occupancy rate of 84%. This indicates their commitment to providing affordable and accessible housing options for the elderly, contributing to their overall well-being and quality of life.

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Impact




October, 2024

Oskaloosa Retirement Homes Inc C/O Keyway Management Company plays a vital role in the community by providing low-income housing specifically designed for the elderly in Oskaloosa, Iowa. This initiative addresses a critical need for affordable housing options for seniors, enhancing their quality of life and ensuring they have a safe and stable living environment.

By complying with USDA Rural Development regulations, the organization ensures that those who qualify have access to necessary housing resources. The 60-unit project underscores its impact, achieving an impressive average occupancy rate of 84% in the current year, which indicates a strong demand for such accommodations in the region.

This initiative not only alleviates housing costs for low-income seniors but also fosters a sense of community and support among residents, contributing to their overall well-being and stability. The work done by Oskaloosa Retirement Homes Inc reinforces the importance of accessible housing solutions for vulnerable populations in the area.




This information is meant to be a general summary of Oskaloosa Retirement Homes Inc C/O Keyway Management Company. 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
$389,970 (2022)
Expenses
$404,784 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Program Service Revenue: $389,962
  • Gross Receipts: $389,970

Assets and Liabilities:

  • Total Assets: $411,335
  • Total Liabilities: $203,363
  • Net Assets: $207,972

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES AND CONTRACTS FROM GOV

Revenue

$199,502

RURAL RENTAL HOUSING

Revenue

$184,581

WASHER AND DRYER

Revenue

$5,207

TENANT CHARGES FOR DAMANGES

Revenue

$672

Organization Details

Founding Year

1979

Principal Officer

Patricia Harland

Main Address

1200 VALLEY WEST DR UNIT 304, WEST DES MOINES, IA, 50266

NTEE Category

Code: L22 - Housing

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