Overview
What is Mingo Economic Development Corporation?
Mingo Economic Development Corporation is a nonprofit organization situated in Mingo, Iowa, dedicated to advancing affordable housing. They achieve this goal by promoting the sale of lots within their own subdivision, acting as a catalyst for urban community development. As an economic development group, they contribute positively to their local area by fostering growth and providing opportunities for homeownership in a cost-effective manner.
Is Mingo Economic Development Corporation legitimate?
Mingo Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mingo Economic Development Corporation submitted a form 990EZ, 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 Mingo Economic Development Corporation?
The Mingo Economic Development Corporation is dedicated to advancing the development of affordable housing. This is accomplished by promoting the sale of lots within a subdivision that the organization owns. The Corporation functions as a community economic development group, contributing to the urban area it serves. Its primary focus is on providing affordable housing solutions, thereby contributing to the overall well-being of the community.
What is the revenue of Mingo Economic Development Corporation?
Mingo Economic Development Corporation's revenue in 2024 was $1,504.
Who are the executives of Mingo Economic Development Corporation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990EZ for Mingo Economic Development Corporation?
Mingo Economic Development Corporation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Mingo Economic Development Corporation
The Mingo Economic Development Corporation, as a community economic development group, is dedicated to promoting the sale of affordable housing lots within its entity-owned subdivision. This organization plays a significant role in fostering the development of affordable housing, serving as a catalyst for economic growth in the community. By focusing on the sale of lots, the Mingo Economic Development Corporation contributes to making housing more accessible, thereby enhancing the living standards of individuals and families. The organization's mission is centered around the provision of affordable housing, thereby contributing to the overall well-being and development of its community.
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Impact
October, 2024
Mingo Economic Development Corporation plays a significant role in enhancing the quality of life in Mingo, IA, by focusing on the development of affordable housing. The organization actively promotes the sale of lots within its own subdivision, making homeownership more accessible to residents. Through this initiative, Mingo Economic Development Corporation contributes to community improvement, fostering a vibrant and sustainable environment for current and future residents. By supporting affordable housing solutions, the organization not only addresses immediate housing needs but also encourages economic growth and stability within the community.
This information is meant to be a general summary of Mingo Economic Development 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 2024.
- Gross Receipts: $32,218
Assets and Liabilities:
- Total Assets: $68,381
- Total Liabilities: $0
- Net Assets: $68,381
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Organization Details
Principal Officer
Gary Bartels
NTEE Category
Code: S41 - Community improvement
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