Overview
What is North Central Mo Rural Housing Deve?
North Central Mo Rural Housing Development is a nonprofit organization situated in Milan, Missouri. Their primary mission is to offer low-interest loans as a last resort to eligible borrowers, thereby supporting small businesses and facilitating home construction in economically disadvantaged regions. By functioning as a lender, they aim to contribute to the economic growth and development of these areas. Their activities encompass financing and development, ultimately aiming to improve the living conditions and opportunities in rural Missouri.
Is North Central Mo Rural Housing Deve legitimate?
North Central Mo Rural Housing Deve is a legitimate nonprofit organization registered as a 501(c)(4) entity. North Central Mo Rural Housing Deve 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 North Central Mo Rural Housing Deve?
North Central Mo Rural Housing Development aims to provide low-interest loans as a last resort lender, primarily for qualified borrowers involved in small business funding and home construction. This initiative is designed to support economically depressed areas, thereby fostering local economic growth. The organization serves as a vital resource, assisting in the revitalization of these communities by offering financial aid for housing and business development projects.
Who is the CEO of North Central Mo Rural Housing Deve?
Melvin Scott is the President of North Central Mo Rural Housing Deve.
What is the revenue of North Central Mo Rural Housing Deve?
North Central Mo Rural Housing Deve's revenue in 2021 was $56.
Who are the executives of North Central Mo Rural Housing Deve and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for North Central Mo Rural Housing Deve?
North Central Mo Rural Housing Deve's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of North Central Mo Rural Housing Deve
North Central Mo Rural Housing Development, as a lender of last resort, is committed to providing low-interest loans to qualified borrowers. This nonprofit organization serves as a vital resource, particularly in economically depressed areas. Its primary mission is to support small businesses and facilitate home construction projects by offering loans. By doing so, North Central Mo Rural Housing Development aims to contribute to the overall economic development and improvement of the communities it serves.
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Impact
October, 2024
North Central Mo Rural Housing Development plays a crucial role in revitalizing economically depressed areas by providing low-interest loans to qualified borrowers. Acting as a lender of last resort, it supports small businesses and facilitates home construction, fostering community improvement and economic growth. This financial assistance enables residents to secure housing and encourages entrepreneurship, ultimately contributing to a more vibrant local economy in Milan, Missouri, and surrounding regions.
This information is meant to be a general summary of North Central Mo Rural Housing Deve. 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 2021.
- Investment Income: $56
- Gross Receipts: $56
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1994
Principal Officer
Melvin Scott
Main Address
PO BOX 220, Milan, MO, 63556
NTEE Category
Code: S32 - Community improvement
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