Overview
What is Leisure Homes Of Le Grand Inc?
Leisure Homes of Le Grand Inc is a nonprofit organization situated in Algona, Iowa. Their primary objective is to provide affordable and safe housing for the elderly, disabled, and families in need. They calculate rent based on 30% of an applicant's annual income, with USDA/Rural Development subsidizing the remaining balance. This supportive approach enabled Leisure Homes to assist 20 families in finding suitable housing, demonstrating their commitment to addressing housing challenges within the community.
Is Leisure Homes Of Le Grand Inc legitimate?
Leisure Homes Of Le Grand Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Leisure Homes Of Le Grand 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 Leisure Homes Of Le Grand Inc?
Leisure Homes Of Le Grand Inc's mission is centered around providing affordable and safe housing for the elderly, disabled, and families in need. The organization strives to calculate rent based on a maximum of 30% of the applicant's annual income, with the remaining amount being subsidized by USDA/Rural Development. Through its efforts, Leisure Homes has successfully assisted 20 families in finding suitable housing, demonstrating its commitment to serving those in need. In essence, the mission of Leisure Homes Of Le Grand Inc is to make housing accessible and affordable for individuals who might otherwise struggle with these expenses.
Who is the CEO of Leisure Homes Of Le Grand Inc?
Linda Weitzell is the President of Leisure Homes Of Le Grand Inc.
What is the revenue of Leisure Homes Of Le Grand Inc?
Leisure Homes Of Le Grand Inc's revenue in 2022 was $133,621.
Who are the executives of Leisure Homes Of Le Grand Inc 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 Leisure Homes Of Le Grand Inc?
Leisure Homes Of Le Grand Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Leisure Homes Of Le Grand Inc
Leisure Homes of Le Grand Inc is a nonprofit organization with a mission to provide affordable and safe housing for the elderly, disabled, and families in need. Their primary objective is to cater to individuals who may be struggling financially, ensuring that they have a secure place to call home. They achieve this by calculating rent based on a maximum of 30% of the tenant's annual income. The remaining balance is subsidized by USDA/Rural Development, thereby making housing more accessible and affordable. As a result of Leisure Homes of Le Grand Inc's efforts, they were able to assist 20 families in finding suitable housing, demonstrating their commitment to making a positive impact in the lives of their community members.
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Impact
October, 2024
Leisure Homes Of Le Grand Inc plays a vital role in enhancing the quality of life for vulnerable populations in Algona, IA, by providing low-rent housing for the elderly, disabled, and families in need. Its mission centers on creating a safe and affordable living environment, crucial for those facing economic challenges.
By utilizing a rent structure based on 30% of an applicant's yearly income, the organization ensures that housing costs remain manageable. This approach not only alleviates financial burdens but also promotes stability and security for residents. The additional support from USDA/Rural Development further enhances its capacity to serve the community.
In the past, Leisure Homes has successfully assisted 20 families in finding suitable housing, significantly impacting their living conditions and overall well-being. By addressing the pressing need for affordable housing, Leisure Homes Of Le Grand Inc contributes to a stronger, more resilient community in Algona, fostering a sense of belonging and improving the standard of living for its residents.
This information is meant to be a general summary of Leisure Homes Of Le Grand 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $190
- Program Service Revenue: $131,134
- Gross Receipts: $133,621
Assets and Liabilities:
- Total Assets: $182,159
- Total Liabilities: $68,477
- Net Assets: $113,682
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Organization Details
Phone
(515) 295-2927Principal Officer
Linda Weitzell
Main Address
PO Box 476, Algona, IA, 50511
NTEE Category
Code: L22 - Housing
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