Overview
What is New Leipzig Development Assn?
The New Leipzig Development Association is a nonprofit organization committed to addressing housing needs within its community. Specifically, they offer affordable living solutions by managing 18 apartments, catering to the elderly and individuals with low income. Their primary mission revolves around providing low-cost accommodation, enhancing the living standards of these groups of people.
Is New Leipzig Development Assn legitimate?
New Leipzig Development Assn is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Leipzig Development Assn 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.
What is the mission statement of New Leipzig Development Assn?
The New Leipzig Development Association's mission is centered around providing affordable housing solutions. Specifically, they accomplish this through their programs, primarily by renting out 18 apartments to elderly and low-income individuals, thereby contributing to their community's housing needs.
Who is the CEO of New Leipzig Development Assn?
Martin Schock is the President of New Leipzig Development Assn.
What is the revenue of New Leipzig Development Assn?
New Leipzig Development Assn's revenue in 2022 was $69,604.
Who are the executives of New Leipzig Development Assn and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $6,060
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Where can I find the form 990EZ for New Leipzig Development Assn?
New Leipzig Development Assn's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of New Leipzig Development Assn
The New Leipzig Development Association is committed to providing affordable housing solutions, specifically by operating 18 apartments that are rented out to elderly and low-income individuals. This nonprofit organization aims to contribute to the community by offering a vital service, ensuring that these individuals have access to suitable housing options. By focusing on this essential need, the New Leipzig Development Association works towards enhancing the living standards and well-being of its residents.
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Impact
October, 2024
The New Leipzig Development Association significantly impacts the community by providing essential low-rent housing options for elderly and low-income individuals. By offering 18 apartments, the organization addresses a critical need for affordable living spaces in Mott, ND. This initiative not only enhances the quality of life for residents but also fosters a supportive environment that promotes stability and independence among vulnerable populations. The association's commitment to affordable housing helps reduce homelessness and economic stress, contributing to the overall well-being of the community.
This information is meant to be a general summary of New Leipzig Development Assn. 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: $45
- Program Service Revenue: $34,804
- Gross Receipts: $69,604
Assets and Liabilities:
- Total Assets: $163,016
- Total Liabilities: $29,835
- Net Assets: $133,181
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Organization Details
Principal Officer
Martin Schock
Main Address
C/O ROBIN ULRICH 409 MEADOW LANE, MOTT, ND, 58646
NTEE Category
Code: L20 - Housing
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