Overview
What is Aase Haugen Properties Inc?
Aase Haugen Properties Inc, based in Decorah, Iowa, serves as a title holder and income collector for Aase Haugen Home, a nonprofit organization. Their primary mission is to accumulate income and subsequently distribute the entire sum, after deducting expenses, to other exempt organizations. This community-focused entity plays a crucial role in supporting other charitable organizations by channeling financial resources their way.
Official website here: www.vennehjem.org
Is Aase Haugen Properties Inc legitimate?
Aase Haugen Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Aase Haugen Properties 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: $178,863
For more financial information, click here
Official website here: www.vennehjem.org
What is the mission statement of Aase Haugen Properties Inc?
Aase Haugen Properties Inc's primary role is to manage property, generate income, and subsequently distribute the entire net income after expenses to other exempt organizations. This organization has been instrumental in maintaining property for the benefit of Aase Haugen Home, a recognized exempt organization. The main objective of Aase Haugen Properties Inc is to channel funds towards the support of various exempt organizations, thereby contributing to their operations and causes. The income collected is utilized for the upkeep and functioning of the properties, ultimately benefiting the associated exempt organizations.
Official website here: www.vennehjem.org
Who is the CEO of Aase Haugen Properties Inc?
Rose Beardmore is the Executive Di of Aase Haugen Properties Inc.
Official website here: www.vennehjem.org
What is the revenue of Aase Haugen Properties Inc?
Aase Haugen Properties Inc's revenue in 2022 was $1,176,435.
Official website here: www.vennehjem.org
Who are the executives of Aase Haugen Properties Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.vennehjem.org
Where can I find the form 990 for Aase Haugen Properties Inc?
Aase Haugen Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vennehjem.org
Learn more at the official website: www.vennehjem.org
Mission Statement of Aase Haugen Properties Inc
Aase Haugen Properties Inc, as a nonprofit organization, is dedicated to an unique mission. Its primary objective is to hold title to property and collect income. This income, after covering all expenses, is then distributed in its entirety to other exempt organizations. By doing so, Aase Haugen Properties Inc plays a crucial role in supporting other charitable entities. Specifically, the income collected by this organization is utilized for the benefit of Aase Haugen Home, a recognized exempt organization. This mission of Aase Haugen Properties Inc is aimed at ensuring the financial stability of the associated charitable organization, thereby enabling it to carry out its own mission effectively.
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Impact
October, 2024
Aase Haugen Properties Inc plays a pivotal role in supporting community improvement efforts in Decorah, Iowa. By holding title to property and strategically collecting income, the organization is able to provide essential financial resources. This income is entirely distributed to other exempt organizations, thereby fueling initiatives that benefit the community.
Through its operations, Aase Haugen Properties Inc directly contributes to the sustainability of the Aase Haugen Home, ensuring it has the necessary support to serve its mission. This focus on income distribution helps reinforce social services and community programs, enhancing the overall wellbeing of residents in the area. The organization’s commitment to fiscal responsibility and community support strengthens the local social fabric and promotes ongoing development within the community.
This information is meant to be a general summary of Aase Haugen Properties 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 2022.
- Investment Income: $26,834
- Program Service Revenue: $1,149,601
- Gross Receipts: $1,176,435
Assets and Liabilities:
- Total Assets: $11,594,004
- Total Liabilities: $12,868,182
- Net Assets: -$1,274,178
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY FEES
Revenue
$1,149,601
Organization Details
Founding Year
1996
Phone
(563) 382-3603Principal Officer
Rose Beardmore
Main Address
4 OHIO STREET, DECORAH, IA, 521011516
Website
www.vennehjem.orgNTEE Category
Code: S47 - Community improvement
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