Senior Housing Inc

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

EIN: 421090381 ✦ Monticello, IA ✦ Designated as a 501(c)(4)

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Overview

What is Senior Housing Inc?

Senior Housing Inc is a nonprofit organization situated in Monticello, Iowa. Their primary mission is to provide affordable rental housing options for individuals who meet the USDA Rural Development regulations' criteria. With a dedicated workforce of one employee, they strive to make a significant impact in their community by addressing the housing needs of low-income individuals. Their services contribute to enhancing the quality of life for those in need, ensuring they have a safe and comfortable living environment.

Is Senior Housing Inc legitimate?

Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Senior Housing Inc 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: $16,725

For more financial information, click here

What is the mission statement of Senior Housing Inc?

Senior Housing Inc, as an organization, is dedicated to providing low-income rental housing to individuals who meet the regulations set by the USDA Rural Development. Their mission is centered around ensuring affordable housing options for eligible individuals, adhering to the guidelines established by USDA Rural Development. This commitment to low-income housing aims to contribute positively to the community and provide a living solution for those in need. The organization follows strict regulations set by USDA Rural Development to ensure the provision of these housing services.

Who is the CEO of Senior Housing Inc?

Susan Ballou is the President of Senior Housing Inc.

What is the revenue of Senior Housing Inc?

Senior Housing Inc's revenue in 2022 was $203,356.

Who are the executives of Senior Housing Inc and what are their salaries?

The average compensation at Senior Housing Inc during 2022 was $16,725. There is 1 employee at Senior Housing Inc.


Here are 7 key members and their salaries:


Susan Ballou (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Haag (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hinrichs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larita Kurt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Lacock (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Rollinger (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Zirkelbach (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Senior Housing Inc?

Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Senior Housing Inc

Senior Housing Inc, as a nonprofit organization, is dedicated to providing low-income rental housing opportunities for individuals who meet the USDA Rural Development regulations. The mission of Senior Housing Inc is to create a living environment that is accessible and affordable for those in need, ensuring they have a secure place to call home. By adhering to the regulations set forth by USDA Rural Development, Senior Housing Inc is able to offer housing solutions to a significant number of individuals, thereby contributing to their overall well-being and stability.

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Impact




October, 2024

Senior Housing Inc significantly enhances the quality of life for individuals and families in Monticello, IA, by providing low-income rental housing that adheres to USDA Rural Development regulations. This initiative addresses a critical need for affordable housing, enabling eligible residents to secure stable and supportive living environments. By offering these housing options, Senior Housing Inc contributes to community stability, reducing homelessness and housing insecurity among low-income populations. Additionally, the organization fosters a sense of community and belonging, helping residents thrive and maintain their independence. Overall, Senior Housing Inc plays a crucial role in improving the social and economic well-being of its community members.




This information is meant to be a general summary of Senior Housing 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
$203,356 (2022)
Expenses
$201,125 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,227
  • Program Service Revenue: $202,129
  • Gross Receipts: $203,356

Assets and Liabilities:

  • Total Assets: $1,177,908
  • Total Liabilities: $507,089
  • Net Assets: $670,819

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$196,894

LAUNDRY REVENUE

Revenue

$5,235

Organization Details

Founding Year

1977

Principal Officer

Susan Ballou

Main Address

PO BOX 456, MONTICELLO, IA, 52310

NTEE Category

Code: L22 - Housing

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