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Harvard Townhouse Inc

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

EIN: 470559811 ✦ Harvard, NE ✦ Designated as a 501(c)(4)

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Overview

What is Harvard Townhouse Inc?

Harvard Townhouse Inc is a nonprofit organization committed to providing affordable housing solutions for low-income individuals. They achieve this objective by offering low-rent options, facilitated by rental assistance programs from the USDA's rural development rental assistance program. The organization's primary mission revolves around this purpose, aiming to make housing more accessible for those in need.

Is Harvard Townhouse Inc legitimate?

Harvard Townhouse Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Harvard Townhouse 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: $26,056
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,068

For more financial information, click here

What is the mission statement of Harvard Townhouse Inc?

Harvard Townhouse Inc's mission is centered around providing affordable housing options for individuals with low income. They achieve this goal by offering low-rent housing through rental assistance programs from the USDA's rural development program. The organization's mission is primarily focused on this objective, aiming to make housing more accessible and affordable for those in need. By participating in these programs, Harvard Townhouse Inc plays a significant role in promoting housing equity and stability for low-income individuals.

Who is the CEO of Harvard Townhouse Inc?

Dennis Reddick is the President of Harvard Townhouse Inc.

What is the revenue of Harvard Townhouse Inc?

Harvard Townhouse Inc's revenue in 2022 was $252,724.

Who are the executives of Harvard Townhouse Inc and what are their salaries?

The average compensation at Harvard Townhouse Inc during 2022 was $21,062. There are 2 employees at Harvard Townhouse Inc.


Here are 6 key members and their salaries:


Dennis Reddick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Aspegren (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Marshall (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Ryan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Nierman (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Story Schwenk (Executive Director)
  • Compensation: $26,056
  • Related: $0
  • Other: $0
Where can I find the form 990 for Harvard Townhouse Inc?

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

Mission Statement of Harvard Townhouse Inc

Harvard Townhouse Inc, a nonprofit organization, is dedicated to providing low-income individuals with affordable housing. They achieve this by offering reduced rental rates through the USDA's rural development rental assistance program. The core of their mission revolves around this objective, aiming to make housing more accessible and affordable for those who need it most.

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Impact




October, 2024

Harvard Townhouse Inc significantly impacts the community by providing low-income housing options that enhance the living conditions of individuals in need. By offering affordable housing through rental assistance programs such as the USDA's rural development rental assistance program, Harvard Townhouse ensures that vulnerable populations have access to safe and stable living environments. This initiative not only alleviates the financial burden on low-income residents but also fosters community improvement by promoting housing stability, encouraging social cohesion, and contributing to the overall well-being of the Harvard, NE area. Through its dedicated mission, Harvard Townhouse Inc plays a pivotal role in transforming lives and enhancing the quality of life for those it serves.




This information is meant to be a general summary of Harvard Townhouse 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
$252,724 (2022)
Expenses
$239,841 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $134
  • Program Service Revenue: $102,384
  • Gross Receipts: $252,724

Assets and Liabilities:

  • Total Assets: $942,469
  • Total Liabilities: $1,453,299
  • Net Assets: -$510,830

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Programs

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

USDA RENTAL SUBSIDY

Revenue

$102,384

Organization Details

Founding Year

1972

Principal Officer

Dennis Reddick

Main Address

PO BOX 366, HARVARD, NE, 689440366

NTEE Category

Code: S99 - Community improvement

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