Overview
What is Wayland Housing Corporation?
Wayland Housing Corporation is a nonprofit organization located in Wayland, Iowa. Their primary mission is to provide affordable housing options for individuals who are 62 years old or above, disabled, or have low income. They achieve this goal through the utilization of USDA Rural Development loans and various subsidies. The corporation's activities are focused on offering low-rent housing solutions to the elderly population, ensuring they have access to safe and comfortable living spaces.
Is Wayland Housing Corporation legitimate?
Wayland Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Wayland Housing Corporation 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.
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What is the mission statement of Wayland Housing Corporation?
The Wayland Housing Corporation's mission is centered around providing affordable housing solutions. Specifically, they aim to offer low-rent housing options to elderly individuals, as well as those who are disabled or have low income, utilizing USDA Rural Development loans and other subsidies. Their primary objective is to ensure that these groups have access to suitable housing accommodations. The corporation operates with the belief that everyone deserves a decent living space, regardless of their financial situation or age.
Who is the CEO of Wayland Housing Corporation?
Barry Leichty is the Director of Wayland Housing Corporation.
What is the revenue of Wayland Housing Corporation?
Wayland Housing Corporation's revenue in 2022 was $162,559.
Who are the executives of Wayland Housing Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Wayland Housing Corporation?
Wayland Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wayland Housing Corporation
Wayland Housing Corporation is committed to providing affordable housing solutions for the elderly population. Utilizing USDA Rural Development loans and various subsidies, this organization offers low-rent housing options. Their mission is centered around ensuring the elderly, individuals over 62, disabled individuals, and those with low income have access to suitable living accommodations. By offering subsidized housing, Wayland Housing Corporation aims to contribute to the well-being of its residents, providing them with a stable living environment.
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Impact
October, 2024
Wayland Housing Corporation significantly impacts the community by offering low-rent housing solutions specifically tailored for elderly individuals, those with disabilities, and low-income residents. By leveraging USDA Rural Development loans and various subsidies, it ensures that individuals over the age of 62 have access to affordable living options in Wayland, Iowa. This initiative not only addresses the pressing need for affordable housing but also promotes the well-being of vulnerable populations, allowing them to live independently with dignity while minimizing financial stress. The corporation plays a crucial role in enhancing the quality of life for its residents and fostering a more inclusive community.
This information is meant to be a general summary of Wayland Housing Corporation. 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: $121
- Program Service Revenue: $159,988
- Gross Receipts: $162,559
Assets and Liabilities:
- Total Assets: $437,183
- Total Liabilities: $509,591
- Net Assets: -$72,408
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$125,583
FEES CONTRACTS FROM USDA
Revenue
$6,620
RENTAL ASSISTANCE
Revenue
$26,448
LAUNDRY
Revenue
$1,337
Organization Details
Founding Year
1980
Phone
(319) 530-9886Principal Officer
Barry Leichty
Main Address
PO BOX 113, WAYLAND, IA, 52654
NTEE Category
Code: L22Z - Housing
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