Overview
What is Calu Inc?
Calu Inc, specifically Calu Right Way Management LLC, is a nonprofit organization dedicated to the operation of low-income housing. Located in Mechanicsville, Iowa, they manage a 41-unit complex catering to both senior citizens and individuals with low income. Their mission involves providing affordable housing and ensuring the wellbeing of their residents, offering a vital service in the community.
Is Calu Inc legitimate?
Calu Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calu 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: $19,200
For more financial information, click here
What is the mission statement of Calu Inc?
Calu Inc, through its subsidiary Calu Right Way Management LLC, is dedicated to operating low-income housing. They accomplish this by managing a 41-unit senior citizen and low-income rental housing complex, providing affordable housing options for individuals in need. By doing so, they contribute to the housing sector, ensuring that senior citizens and individuals with limited income have a place to call home. The company's mission is centered around managing and maintaining these housing facilities, ensuring they meet the necessary standards and provide a comfortable living environment for their residents.
Who is the CEO of Calu Inc?
Dennis Hammel is the President of Calu Inc.
What is the revenue of Calu Inc?
Calu Inc's revenue in 2023 was $344,383.
Who are the executives of Calu Inc and what are their salaries?
There 8 volunteers at Calu Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Calu Inc?
Calu Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Calu Inc
Calu Inc, as a nonprofit organization, is committed to managing low-income housing. Specifically, Calu Right Way Management LLC, a subsidiary of Calu Inc, oversees a program that provides housing for senior citizens and individuals with low incomes. This program is manifested through the management of a 41-unit complex located in Mechanicsville, Iowa. By offering affordable housing options, Calu Inc contributes to the well-being of its residents, providing them with a safe and comfortable living environment.
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Impact
October, 2024
Calu Inc plays a crucial role in addressing the housing needs of low-income individuals and senior citizens in Mechanicsville, IA. By managing a 41-unit rental housing complex specifically designed for these vulnerable populations, Calu Inc ensures that affordable and accessible housing is available. This initiative not only provides stable living conditions but also fosters a sense of community among residents. Through its dedicated efforts, Calu Inc significantly contributes to improving the quality of life for those who might otherwise struggle to secure safe and affordable housing.
This information is meant to be a general summary of Calu 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 2023.
- Investment Income: $138
- Program Service Revenue: $343,472
- Gross Receipts: $344,383
Assets and Liabilities:
- Total Assets: $687,660
- Total Liabilities: $316,044
- Net Assets: $371,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW RENT INCOME
Revenue
$205,884
FEES & CONTRACTS GOV AGEN
Revenue
$134,626
LAUNDRY AND VENDING
Revenue
$2,962
Organization Details
Founding Year
1982
Phone
(563) 942-3330Principal Officer
Dennis Hammel
Main Address
C/O RIGHTWAY MANAGEMENT SERVICES, MECHANICSVILLE, IA, 52306
NTEE Category
Code: L22 - Housing
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