Parshall 2000 Inc

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

EIN: 450441275 ✦ Parshall, ND ✦ Designated as a 501(c)(3)

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Overview

What is Parshall 2000 Inc?

Parshall 2000 Inc is a nonprofit organization situated in Parshall, North Dakota. Its primary focus is to address the housing needs of low-income families by offering affordable housing options. In addition, the organization expands its services to rural areas, providing both affordable housing and commercial spaces. Furthermore, Parshall 2000 Inc extends its commitment to the community by offering licensed daycare services to children, ensuring the well-being of the younger generation as well.

Is Parshall 2000 Inc legitimate?

Parshall 2000 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parshall 2000 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: $78,947

For more financial information, click here

What is the mission statement of Parshall 2000 Inc?

Parshall 2000 Inc's mission is centered around providing essential services to the community. Specifically, the organization aims to offer affordable housing options for low-income families. Additionally, Parshall 2000 Inc expands its scope by providing affordable commercial space in rural areas. Furthermore, the company demonstrates its commitment to community support by offering licensed daycare services to children. In essence, Parshall 2000 Inc is dedicated to enhancing the living conditions and opportunities for various sectors of the community.

Who is the CEO of Parshall 2000 Inc?

Kenton Onstad is the President of Parshall 2000 Inc.

What is the revenue of Parshall 2000 Inc?

Parshall 2000 Inc's revenue in 2022 was $250,463.

Who are the executives of Parshall 2000 Inc and what are their salaries?

There 12 volunteers at Parshall 2000 Inc.


Here are 5 key members and their salaries:


Kenton Onstad (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bolkan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Orvik (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Risen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Zacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Parshall 2000 Inc?

Parshall 2000 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Parshall 2000 Inc

Parshall 2000 Inc, a nonprofit organization, is dedicated to serving the needs of low-income families and the community at large. One of its primary objectives is to provide affordable housing for families in need. Beyond this, Parshall 2000 Inc also strives to offer affordable commercial space in rural areas, thereby contributing to local economic growth.

Another significant aspect of Parshall 2000 Inc's mission is the provision of licensed daycare services for children. This service is crucial in providing working parents with peace of mind, knowing their children are in a safe and nurturing environment during the day. By providing these services, Parshall 2000 Inc is contributing to the well-being of families and the community as a whole.

In essence, Parshall 2000 Inc is a compassionate organization that seeks to address multiple facets of community life. Its mission to provide affordable housing, commercial space, and daycare services to low-income families is a testament to its commitment to improving the lives of its community members.

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Impact




October, 2024

Parshall 2000 Inc plays a significant role in enhancing the quality of life for low-income families in Parshall, North Dakota. By providing affordable housing options, the organization ensures that families have safe and stable living conditions, which is crucial for their overall well-being. In addition to residential properties, Parshall 2000 Inc also offers commercial space, fostering economic development in a rural area while creating opportunities for local businesses.

Moreover, the organization addresses a critical need for childcare services by operating licensed daycare facilities, which support working parents and contribute to early childhood development. By tackling these interconnected issues of housing, economic opportunity, and childcare, Parshall 2000 Inc fosters a stronger, more resilient community, helping families thrive and encouraging a more vibrant local economy.




This information is meant to be a general summary of Parshall 2000 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.

Revenue
$250,463 (2022)
Expenses
$424,118 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $42
  • Program Service Revenue: $250,421
  • Gross Receipts: $250,463

Assets and Liabilities:

  • Total Assets: $3,561,071
  • Total Liabilities: $1,409,736
  • Net Assets: $2,151,335

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Programs

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

RENTAL INCOME

Revenue

$224,573

RHS RENTAL ASSIST.

Revenue

$24,194

LAUNDRY AND VENDING

Revenue

$1,654

Organization Details

Founding Year

1995

Principal Officer

Kenton Onstad

Main Address

PO BOX 116, PARSHALL, ND, 587700116

NTEE Category

Code: L21 - Housing

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