Overview
What is Homestead Place?
Homestead Place is a nonprofit organization situated in Grand Forks, North Dakota. Its primary mission is to offer affordable housing options to eligible individuals within the community. By providing low-income housing, Homestead Place seeks to contribute positively to the lives of its residents, ensuring they have a secure and comfortable living space. The organization is dedicated to this mission and actively works towards fulfilling its purpose.
Is Homestead Place legitimate?
Homestead Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homestead Place 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: $82,349
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What is the mission statement of Homestead Place?
Homestead Place, as an organization, is committed to providing low-income housing opportunities for eligible individuals. Their mission is centered around offering a supportive living environment, ensuring that individuals in need have access to adequate housing. The organization's activities are tailored towards this mission, aiming to make a positive impact in the lives of those who require such assistance. Homestead Place strives to create a welcoming and inclusive community where eligible individuals can reside with dignity and security. The organization's primary focus is on providing affordable housing, thereby contributing to a more equitable society.
What is the revenue of Homestead Place?
Homestead Place's revenue in 2022 was $432,803.
Who are the executives of Homestead Place and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Homestead Place?
Homestead Place's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Homestead Place
Homestead Place, as a nonprofit organization, is committed to providing low-income housing opportunities for eligible individuals residing in Grand Forks, North Dakota. The primary mission of Homestead Place is to serve as a shelter and a home for those who are financially disadvantaged, ensuring they have access to decent and secure living quarters. By offering low-income housing, Homestead Place strives to contribute positively to the community by providing a stable living environment for those in need.
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Impact
October, 2024
Homestead Place significantly impacts the community by offering low-income housing options to eligible individuals and families in Grand Forks, ND. By addressing the crucial need for affordable housing, it helps alleviate the financial burdens faced by those in need, enabling them to secure stable living conditions. This provision not only supports residents in achieving greater stability and independence but also fosters a sense of community. The availability of safe, affordable housing contributes to enhanced quality of life, paving the way for individuals to pursue education, employment, and other opportunities that can lead to economic self-sufficiency.
This information is meant to be a general summary of Homestead Place. 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: $163
- Program Service Revenue: $147,109
- Gross Receipts: $432,803
Assets and Liabilities:
- Total Assets: $1,734,191
- Total Liabilities: $688,401
- Net Assets: $1,045,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$147,109
Organization Details
Founding Year
2000
Principal Officer
Terry Hanson
NTEE Category
Code: L21 - Housing
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