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Northern Valley Home

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

EIN: 450308763 ✦ Cavalier, ND ✦ Designated as a 501(c)(3)

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Overview

What is Northern Valley Home?

Northern Valley Home is a nonprofit organization situated in Cavalier, North Dakota. Their primary mission is to provide affordable housing to the elderly and individuals in need. Some of their housing units are subsidized, ensuring that a wide range of people can access secure living spaces. The organization, with a small team of two dedicated employees, works tirelessly to uphold this mission, contributing positively to the community by offering low-cost housing solutions.

Is Northern Valley Home legitimate?

Northern Valley Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Valley Home 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: $7,849
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,342

For more financial information, click here

What is the mission statement of Northern Valley Home?

Northern Valley Home's mission is centered around providing low-income housing for elderly individuals and others in need. They aim to offer a safe and affordable living space for these individuals, with some of the units being subsidized. The organization's primary objective is to contribute to the well-being of these individuals, ensuring they have a roof over their heads. By doing so, Northern Valley Home contributes to the community by providing a vital service, especially for vulnerable populations.

Who is the CEO of Northern Valley Home?

Charlie Wellman is the President of Northern Valley Home.

What is the revenue of Northern Valley Home?

Northern Valley Home's revenue in 2022 was $159,597.

Who are the executives of Northern Valley Home and what are their salaries?

The average compensation at Northern Valley Home during 2022 was $14,596. There are 2 employees at Northern Valley Home.


Here are 9 key members and their salaries:


Barry Hanson (President)
  • Compensation: $600
  • Related: $0
  • Other: $0
Garry Freidt (Vice President)
  • Compensation: $700
  • Related: $0
  • Other: $0
Charlie Wellman (Sec/Treas)
  • Compensation: $2,649
  • Related: $0
  • Other: $0
Robert Fleming (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Matt Ford (Director)
  • Compensation: $700
  • Related: $0
  • Other: $0
Jolene Lucier (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Mel Stark (Director)
  • Compensation: $700
  • Related: $0
  • Other: $0
Jay Peterson (Director)
  • Compensation: $700
  • Related: $0
  • Other: $0
Garnet Furstenau (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Where can I find the form 990 for Northern Valley Home?

Northern Valley Home's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Northern Valley Home

Northern Valley Home, a nonprofit organization, is dedicated to providing low-income housing for the elderly and those in need. With a strong mission, this organization strives to furnish affordable living spaces in an unspecified location. Some of these housing units are subsidized, ensuring that those who require assistance can still have a place to call home. By offering low-cost housing, Northern Valley Home aims to contribute positively to the well-being of its residents, providing them with a secure and comfortable living environment.

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Impact




October, 2024

Northern Valley Home significantly impacts the community of Cavalier by providing low-cost housing options for elderly individuals and others in need. By furnishing accessible housing, it helps alleviate the financial burden on vulnerable populations, ensuring they have a safe and stable living environment. Many of the housing units are subsidized, making them even more affordable for those who may struggle with high living costs. This contribution not only enhances the quality of life for residents but also fosters a sense of community and support among them. Through its mission, Northern Valley Home plays a vital role in promoting housing stability and improving the overall well-being of its residents.




This information is meant to be a general summary of Northern Valley Home. 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
$159,597 (2022)
Expenses
$157,738 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,285
  • Program Service Revenue: $157,312
  • Gross Receipts: $159,597

Assets and Liabilities:

  • Total Assets: $701,318
  • Total Liabilities: $13,205
  • Net Assets: $688,113

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Programs

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

RENTAL INCOME

Revenue

$153,990

TENANT SHARE UTIL

Revenue

$140

LAUNDRY INCOME

Revenue

$2,467

SECURITY DEPOSITS RETAINED

Revenue

$715

Organization Details

Founding Year

1969

Principal Officer

Charlie Wellman

Main Address

PO BOX 425, CAVALIER, ND, 582200425

NTEE Category

Code: L22Z - Housing

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