Overview
What is North Platte Odd Fellows Housing Corporation?
North Platte Odd Fellows Housing Corporation, established in 1966, is a nonprofit organization based in Nebraska. Their primary purpose is the construction, ownership, and operation of Buffalo Bill Manor, a 111-unit community situated in North Platte. The community is subject to regulations with HUD, restricting property transfers, management rights, and indebtedness. The agreement mandates that the units remain affordable for low-income elderly individuals. The corporation receives housing assistance payments for 110 units and is obligated to annually reassess resident eligibility. This community-focused organization aims to provide affordable housing solutions for the elderly population.
Is North Platte Odd Fellows Housing Corporation legitimate?
North Platte Odd Fellows Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(8) entity. North Platte Odd Fellows Housing Corporation 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: $0
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What is the mission statement of North Platte Odd Fellows Housing Corporation?
The North Platte Odd Fellows Housing Corporation is a not-for-profit organization established in 1966 with the goal of constructing, owning, and operating a 111-unit community known as Buffalo Bill Manor. The corporation's primary purpose is to ensure that this community remains affordable for low-income elderly individuals. To achieve this, it entered into a regulatory agreement with HUD in 2019, which includes restrictions on property transfers, management rights, and additional debt. The corporation receives housing assistance payments for 110 out of its 111 units under a contract with HUD and is obligated to recertify resident eligibility annually. In essence, the North Platte Odd Fellows Housing Corporation's mission is to provide affordable housing for low-income elderly individuals, subject to HUD regulations.
Who is the CEO of North Platte Odd Fellows Housing Corporation?
Lori Vinton is the President of North Platte Odd Fellows Housing Corporation.
What is the revenue of North Platte Odd Fellows Housing Corporation?
North Platte Odd Fellows Housing Corporation's revenue in 2022 was $808,977.
Who are the executives of North Platte Odd Fellows Housing Corporation and what are their salaries?
There are 3 employees and 5 volunteers at North Platte Odd Fellows Housing Corporation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for North Platte Odd Fellows Housing Corporation?
North Platte Odd Fellows Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North Platte Odd Fellows Housing Corporation
North Platte Odd Fellows Housing Corporation, established in 1966 as a not-for-profit entity, was formed with the primary objective of constructing, owning, and managing a 111-unit community known as Buffalo Bill Manor. This community is primarily intended for low-income elderly individuals. The corporation entered into a regulatory agreement with the HUD in 2019, which includes restrictions on transferring the community's property, managing rights, and assuming additional debts. Adhering to the agreement, the corporation is obligated to maintain all units within the community as affordable housing for low-income elderly persons. The corporation receives Housing Assistance Payments for 110 of its 111 units, under a contract with HUD. Resident eligibility is to be recertified annually. In summary, North Platte Odd Fellows Housing Corporation is dedicated to providing affordable housing solutions for low-income elderly individuals, ensuring their housing needs are met within the community of Buffalo Bill Manor.
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Impact
October, 2024
North Platte Odd Fellows Housing Corporation significantly enhances the quality of life for low-income elderly individuals in the North Platte area through its operation of Buffalo Bill Manor, a 111-unit residential community. Established in 1966, the organization is dedicated to maintaining an affordable housing option that caters specifically to seniors, ensuring that they have a safe and comfortable living environment.
The impact of this corporation is highlighted by its regulatory agreement with HUD, which mandates that all units remain affordable and accessible to eligible residents. This commitment not only provides financial relief to low-income elderly individuals but also fosters a sense of community among residents, promoting social connections and support networks.
By receiving housing assistance payments for 110 of its 111 units, the corporation ensures that its residents can afford their housing costs without compromising other essential needs. An annual certification process for resident eligibility further assists in sustaining the focus on affordable housing for those who need it most. Ultimately, the North Platte Odd Fellows Housing Corporation plays a critical role in addressing housing insecurity among vulnerable populations, contributing positively to the local community.
This information is meant to be a general summary of North Platte Odd Fellows Housing Corporation. 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: $889
- Program Service Revenue: $395,022
- Gross Receipts: $808,977
Assets and Liabilities:
- Total Assets: $3,962,308
- Total Liabilities: $4,312,747
- Net Assets: -$350,439
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$395,022
Organization Details
Founding Year
1962
Phone
(402) 333-7373Principal Officer
Lori Vinton
Main Address
2840 S 123RD COURT, OMAHA, NE, 68144
NTEE Category
Code: Y40 - Mutual benefit
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