Friendship Manor Housing Corp

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

EIN: 421115240 ✦ Algona, IA ✦ Designated as a 501(c)(4)

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Overview

What is Friendship Manor Housing Corp?

Friendship Manor Housing Corp is a nonprofit organization situated in Algona, Iowa, with a commendable mission to offer affordable housing options for the elderly, disabled, and families in the Wellsburg community. Established with the aim to cater to the housing needs of this specific demographic, Friendship Manor Housing Corporation plays a significant role in ensuring that these individuals have access to suitable accommodations in Wellsburg. The organization's current location in Algona may suggest an expansion of its services beyond the initial Wellsburg community, yet it remains dedicated to its primary mission of providing affordable housing solutions.

Is Friendship Manor Housing Corp legitimate?

Friendship Manor Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Friendship Manor Housing Corp 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 Friendship Manor Housing Corp?

Friendship Manor Housing Corp's mission is centered around providing affordable housing solutions. This non-profit organization aims to cater to the needs of the elderly, disabled, and families within their community. Their primary objective is to offer reasonably priced accommodations, demonstrating their commitment to making housing accessible for a diverse group of individuals. Despite being currently situated in Algona, Iowa, their focus remains on serving the Wellsburg community.

Who is the CEO of Friendship Manor Housing Corp?

Ronald Rieken is the President of Friendship Manor Housing Corp.

What is the revenue of Friendship Manor Housing Corp?

Friendship Manor Housing Corp's revenue in 2022 was $91,143.

Who are the executives of Friendship Manor Housing Corp and what are their salaries?


Here are 3 key members and their salaries:


Ronald Rieken (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Valentine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Blythe (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Friendship Manor Housing Corp?

Friendship Manor Housing Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Friendship Manor Housing Corp

Friendship Manor Housing Corp is committed to providing affordable living accommodations for the elderly, disabled, and families in their community. This nonprofit organization's mission is centered around offering reasonably priced housing in Wellsburg, striving to make a difference in people's lives by providing them with a place to call home. Located in Algona, IA, Friendship Manor Housing Corp plays a significant role in ensuring that these vulnerable groups have access to suitable housing, thereby contributing to a more inclusive and supportive community.

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Impact




October, 2024

Friendship Manor Housing Corp significantly impacts the Wellsburg community by providing affordable housing options for the elderly, disabled, and families. By offering low-rent accommodations, it alleviates the financial burden on vulnerable populations, ensuring that they have a safe and welcoming place to live. This commitment to affordability promotes stability and enhances the quality of life for residents, allowing them to thrive in a supportive environment. The organization plays a crucial role in fostering community ties and improving social wellbeing in Algona, Iowa, where it is currently based.




This information is meant to be a general summary of Friendship Manor Housing 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.

Revenue
$91,143 (2022)
Expenses
$91,047 (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
  • Program Service Revenue: $89,351
  • Gross Receipts: $91,143

Assets and Liabilities:

  • Total Assets: $198,986
  • Total Liabilities: $219,361
  • Net Assets: -$20,375

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Organization Details

Principal Officer

Ronald Rieken

Main Address

PO Box 476, Algona, IA, 50511

NTEE Category

Code: L22 - Housing

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