Overview
What is Wolf Run Village Inc?
Wolf Run Village Inc is a nonprofit organization based in Watford City, North Dakota. Its primary mission is to develop and operate affordable rental housing for public service employees, with a focus on a 42-unit project initiated in 2013 and expanded to 20 additional units in 2015. The project, located at 120-130 4th Avenue SE, offers partially subsidized rent for various city, county, and state agency employees. Additionally, Wolf Run Village aims to establish a daycare facility for children in the community, contributing to the overall well-being of public service families. As of 2022, the organization has expanded its tenant base to include individuals from the general public. With a workforce of 144 employees, Wolf Run Village Inc is dedicated to enhancing the living conditions and supporting the needs of public service workers and their families in the area.
Official website here: www.wolfpupdaycare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Wolf Run Village Inc has received a modest rating of 73% from Charity Navigator, indicating room for improvement in its operational transparency and compliance with best practices. The organization demonstrates strong governance with 100% independent board members and no material diversion of assets, which reflects its commitment to accountability.
On the financial side, the nonprofit excels in its program expense ratio, allocating 95.58% of its expenses to its programs, showcasing a strong focus on mission-related activities. However, there are significant gaps in its policies, such as missing whistleblower and document retention policies, as well as failure to post its tax form on the nonprofit's website, which could hinder trust among stakeholders.
While the organization shows strengths in governance and financial commitment to its programs, addressing the noted limitations in transparency and policy documentation would enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Wolf Run Village Inc legitimate?
Wolf Run Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wolf Run Village 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: $82,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,029,496
For more financial information, click here
Official website here: www.wolfpupdaycare.com
What is the mission statement of Wolf Run Village Inc?
Wolf Run Village Inc's primary mission is to establish and manage a 42-unit rental housing complex, catering to public service employees. Additionally, the organization aims to establish a daycare facility for children. The purpose of this initiative is to provide affordable housing options and childcare services, enhancing the quality of life for these groups. Initiated in 2012, the project involved land acquisition, construction, and operation of the housing facilities, which began accommodating residents in August 2013. The rent for these units is partially subsidized by various local and state agencies. In 2015, Wolf Run Village expanded its services with the construction of an additional 20 two-bedroom rental units for essential workers, also subsidized by these agencies. Since then, the organization has started renting units to individuals from the general public as well.
Official website here: www.wolfpupdaycare.com
Who is the CEO of Wolf Run Village Inc?
Curtis Moen is the President of Wolf Run Village Inc.
Official website here: www.wolfpupdaycare.com
What is the revenue of Wolf Run Village Inc?
Wolf Run Village Inc's revenue in 2022 was $4,130,835.
Official website here: www.wolfpupdaycare.com
Who are the executives of Wolf Run Village Inc and what are their salaries?
The average compensation at Wolf Run Village Inc during 2022 was $14,666. There are 144 employees and 5 volunteers at Wolf Run Village Inc.
Here are 6 key members and their salaries:
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- Compensation: $80,000
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- Other: $2,400
Official website here: www.wolfpupdaycare.com
Where can I find the form 990 for Wolf Run Village Inc?
Wolf Run Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wolfpupdaycare.com
Learn more at the official website: www.wolfpupdaycare.com
Mission Statement of Wolf Run Village Inc
Wolf Run Village Inc, a nonprofit organization, is dedicated to serving a unique community. Its primary mission is twofold: firstly, to establish a 42-unit rental housing complex that is affordable for public service employees. Secondly, it aims to establish a daycare facility for children. This mission is carried out with the intention of providing a supportive living environment for those who serve the community in various capacities.
The organization began its journey in 2012, initiating fundraising activities and preparing for the acquisition of land. By March 2013, they had successfully purchased the land in Watford City, North Dakota. Post this, they embarked on the construction of the housing facilities, which were made available to approximately 42 public service employees in August 2013. The rent for these units was partially subsidized by various city, county, and state agencies, ensuring affordability for their employees.
In 2015, Wolf Run Village entered Phase II of its mission, constructing an additional 20 two-bedroom multi-unit rental housing projects. These units, too, were subsidized to cater to essential workers. In 2022, the organization expanded its services further, offering rental units to individuals from the general public. Through its initiatives, Wolf Run Village Inc is committed to supporting public service employees and their families, providing them with affordable housing and childcare facilities.
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Impact
July, 2024
Wolf Run Village Inc's impact can be seen in its provision of affordable rental housing for public service employees in Watford City, McKenzie County, North Dakota. Through the development of a 42-unit rental housing complex, Wolf Run Village seeks to address the housing needs of essential workers in the community. Additionally, the organization's efforts to establish a daycare facility cater to the needs of families living in the housing complex, further enhancing the quality of life for residents. By offering subsidized housing options for public service employees and expanding its services to the general public, Wolf Run Village contributes to community improvement and supports the essential workforce in the region.
This information is meant to be a general summary of Wolf Run Village 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $18,634
- Program Service Revenue: $2,870,997
- Gross Receipts: $4,132,468
Assets and Liabilities:
- Total Assets: $13,591,235
- Total Liabilities: $5,413,564
- Net Assets: $8,177,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Daycare Income
Revenue
$2,592,331
PS Rental Income
Revenue
$273,449
Organization Details
Founding Year
2012
Phone
(701) 842-3075Principal Officer
Curtis Moen
Main Address
PO Box 2973, Watford City, ND, 588540494
Website
www.wolfpupdaycare.comNTEE Category
Code: S30 - Community improvement
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