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Marion Elderly Housing Inc C/O Young Management Corporation

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

EIN: 421389469 ✦ Bucyrus, KS ✦ Designated as a 501(c)(3)

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Overview

What is Marion Elderly Housing Inc C/O Young Management Corporation?

Marion Elderly Housing Inc C/O Young Management Corporation is a nonprofit organization situated in Bucyrus, Kansas. Their primary mission is to provide affordable housing for low-income senior citizens, offering 53 units of quality affordable housing and an additional market-rate unit. The organization's purpose is to cater to the elderly and handicapped individuals, ensuring their physical, social, and psychological needs are met through housing facilities and services. By providing such accommodations, the organization aims to promote their health, security, happiness, and usefulness in longer living.

Is Marion Elderly Housing Inc C/O Young Management Corporation legitimate?

Marion Elderly Housing Inc C/O Young Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marion Elderly Housing Inc C/O Young Management 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,712

For more financial information, click here

What is the mission statement of Marion Elderly Housing Inc C/O Young Management Corporation?

Marion Elderly Housing Inc, managed by Young Management Corporation, is committed to providing affordable housing for low-income senior citizens. Their mission goes beyond just providing housing; it's about catering to the specific needs of elderly and disabled individuals. They strive to offer facilities and services that address the physical, social, and psychological needs of these residents, aiming to enhance their health, security, happiness, and overall usefulness in their long-term living. The organization currently offers 53 units of high-quality, affordable housing, along with an additional market-rate unit, to accommodate the elderly population.

Who is the CEO of Marion Elderly Housing Inc C/O Young Management Corporation?

Kay Mcguire is the Vice President of Marion Elderly Housing Inc C/O Young Management Corporation.

What is the revenue of Marion Elderly Housing Inc C/O Young Management Corporation?

Marion Elderly Housing Inc C/O Young Management Corporation's revenue in 2023 was $367,615.

Who are the executives of Marion Elderly Housing Inc C/O Young Management Corporation and what are their salaries?

There 15 volunteers at Marion Elderly Housing Inc C/O Young Management Corporation.


Here are 6 key members and their salaries:


Dan Morgan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Mcguire (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Ratzlaff (Secretaty)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Roth (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Barkley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Drapeaux (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marion Elderly Housing Inc C/O Young Management Corporation?

Marion Elderly Housing Inc C/O Young Management Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Marion Elderly Housing Inc C/O Young Management Corporation

Marion Elderly Housing Inc C/O Young Management Corporation is dedicated to providing a conducive living environment for low-income senior citizens. The organization's mission is multifaceted, aiming to cater to the physical, social, and psychological needs of its elderly and handicapped residents. By offering specialized housing facilities and services, Marion Elderly Housing Inc C/O Young Management Corporation seeks to promote the health, security, happiness, and usefulness of its residents in their later years. The organization provides a total of 53 units of affordable quality housing, ensuring that senior citizens can live comfortably within their means. Additionally, the organization also offers one unit of market-rate housing for the elderly, providing flexibility for those with varying financial circumstances. The mission of Marion Elderly Housing Inc C/O Young Management Corporation is centered around ensuring that its senior residents lead fulfilling, secure, and happy lives, tailoring its services to meet their unique needs.

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Impact




October, 2024

Marion Elderly Housing Inc C/O Young Management Corporation plays a crucial role in enhancing the quality of life for low-income senior citizens in Bucyrus, Kansas. By offering 53 units of affordable, quality housing specifically designed for the elderly, it addresses a critical need for safe and accessible living environments. This initiative not only alleviates the financial burden on seniors but also fosters a community where they can thrive.

The organization’s focus on meeting the physical, social, and psychological needs of elderly and handicapped persons ensures that residents receive the support necessary for healthy aging. By promoting health, security, and overall happiness, it contributes significantly to the well-being of its inhabitants. The availability of one market-rate housing unit further diversifies the options within the community, allowing for mixed-income interactions.

Overall, Marion Elderly Housing Inc creates a nurturing environment, empowering seniors to maintain their independence while receiving the support they need to lead fulfilling lives.




This information is meant to be a general summary of Marion Elderly Housing Inc C/O Young Management 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.

Revenue
$367,615 (2023)
Expenses
$425,586 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,127
  • Program Service Revenue: $365,488
  • Gross Receipts: $367,615

Assets and Liabilities:

  • Total Assets: $329,552
  • Total Liabilities: $48,188
  • Net Assets: $281,364

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Programs

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

RENTAL REVENUE

Revenue

$362,942

LAUNDRY REVENUE

Revenue

$2,546

Organization Details

Founding Year

1992

Principal Officer

Kay Mcguire

Main Address

22602 STATE LINE ROAD, BUCYRUS, KS, 66013

NTEE Category

Code: L99Z - Housing

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