Colony Housing Authority

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

EIN: 421119027 ✦ Lamoni, IA ✦ Designated as a 501(c)(3)

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Overview

What is Colony Housing Authority?

The Colony Housing Authority is a nonprofit organization situated in Lamoni, Iowa. Their primary mission is to provide affordable housing options for senior citizens, individuals with disabilities, and individuals falling under the categories of low and moderate income. By doing so, they strive to contribute positively to their community. With a dedicated workforce of three employees, Colony Housing Authority is committed to offering affordable housing solutions for elderly and disabled individuals, thereby fostering an inclusive and supportive living environment.

Is Colony Housing Authority legitimate?

Colony Housing Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colony Housing Authority 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: $77,745

For more financial information, click here

What is the mission statement of Colony Housing Authority?

The Colony Housing Authority is dedicated to providing a vital service, focusing on making affordable housing available for elderly and disabled individuals. This organization's mission is to cater to the housing needs of senior citizens, individuals with disabilities, and those with low and moderate incomes. By offering affordable housing options, the Colony Housing Authority aims to contribute positively to the lives of these vulnerable groups, providing them with a secure and suitable living environment.

Who is the CEO of Colony Housing Authority?

Julie Bond is the Treasurer of Colony Housing Authority.

What is the revenue of Colony Housing Authority?

Colony Housing Authority's revenue in 2022 was $331,784.

Who are the executives of Colony Housing Authority and what are their salaries?

The average compensation at Colony Housing Authority during 2022 was $25,915. There are 3 employees and 40 volunteers at Colony Housing Authority.


Here are 7 key members and their salaries:


Royal Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorrie Long (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Magle Jones (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Bond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marci Biesemeyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Newberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Stous (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Colony Housing Authority?

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

Mission Statement of Colony Housing Authority

Colony Housing Authority, as a nonprofit organization, is dedicated to providing affordable housing solutions for elderly and disabled individuals. Their mission is centered around ensuring that these groups have access to suitable living spaces. By offering housing options, Colony Housing Authority aims to cater to the needs of low and moderate income individuals as well, extending their support to a wider community. In essence, the organization's primary objective is to make housing more affordable for those who may otherwise struggle to secure a decent place to live due to their age or disability.

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Impact




October, 2024

Colony Housing Authority significantly impacts the community by ensuring access to affordable housing for elderly and disabled individuals, as well as low and moderate-income residents. Located in Lamoni, Iowa, the organization addresses critical housing needs, allowing vulnerable populations to secure stable and safe living environments. By prioritizing these groups, Colony Housing Authority enhances their quality of life, promoting independence and well-being among senior citizens and individuals with disabilities. This focus not only fosters a sense of community but also helps alleviate the financial burden of housing costs, contributing to overall societal health and cohesion.




This information is meant to be a general summary of Colony Housing Authority. 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
$331,784 (2022)
Expenses
$350,391 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16
  • Program Service Revenue: $320,012
  • Gross Receipts: $331,784

Assets and Liabilities:

  • Total Assets: $703,620
  • Total Liabilities: $194,064
  • Net Assets: $509,556

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Programs

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

APARTMENT RENTAL INCOME

Revenue

$320,012

Organization Details

Founding Year

1976

Principal Officer

Julie Bond

Main Address

200 CROWN COLONY, LAMONI, IA, 50140

NTEE Category

Code: L22 - Housing

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