Overview
What is Willard & Alpha Wiegrefe Foundation?
The Willard & Alpha Wiegrefe Foundation is a nonprofit organization based in Eitzen, Minnesota. Their primary mission is to provide affordable housing for senior citizens residing in Eitzen and surrounding communities. By continuing the operation of low-income elderly housing, this foundation aims to ensure that elderly residents have secure and comfortable living accommodations. Their commitment to this cause contributes positively to the well-being and quality of life for seniors in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating reflects the organization's overall accountability and finance performance, suggesting that while the foundation demonstrates strong financial health and a high program expense ratio, it has notable areas for improvement in governance and transparency.
Strengths of the Willard & Alpha Wiegrefe Foundation include a fully independent board and excellent management of assets, as evidenced by a 0.00% liabilities to assets ratio and a program expense ratio of nearly 95%. These factors indicate effective use of funds for its intended charitable purposes and a commitment to maintaining organizational integrity.
However, the foundation faces significant shortcomings regarding transparency and governance practices. The absence of key policies, such as a conflict of interest policy and a whistleblower policy, along with missing documentation on its website, highlights areas where the organization could enhance its accountability and trustworthiness to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Willard & Alpha Wiegrefe Foundation legitimate?
Willard & Alpha Wiegrefe Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willard & Alpha Wiegrefe Foundation 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: $7,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Willard & Alpha Wiegrefe Foundation?
The Willard & Alpha Wiegrefe Foundation's mission is centered around providing affordable housing for senior citizens. This mission extends beyond their primary location in Eitzen, Minnesota, to encompass surrounding communities as well. Their main objective is to ensure that elderly individuals have access to suitable housing, thereby enhancing their living conditions. The foundation continues to operate and maintain low-income elderly housing facilities, demonstrating their commitment to this cause.
Who is the CEO of Willard & Alpha Wiegrefe Foundation?
Harley Meiners is the President of Willard & Alpha Wiegrefe Foundation.
What is the revenue of Willard & Alpha Wiegrefe Foundation?
Willard & Alpha Wiegrefe Foundation's revenue in 2022 was $73,077.
Who are the executives of Willard & Alpha Wiegrefe Foundation and what are their salaries?
There 5 volunteers at Willard & Alpha Wiegrefe Foundation.
Here are 5 key members and their salaries:
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Willard & Alpha Wiegrefe Foundation?
Willard & Alpha Wiegrefe Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Willard & Alpha Wiegrefe Foundation
The Willard & Alpha Wiegrefe Foundation is committed to providing low-income housing for senior citizens in various communities beyond Eitzen, Minnesota. This mission is a crucial part of their operations, aimed at ensuring that elderly individuals have access to suitable living arrangements. By offering such housing, the foundation seeks to improve the living conditions and overall well-being of senior citizens, enabling them to live with dignity and independence. The foundation's dedication to this cause is evident in its continued operation of elderly housing facilities, demonstrating its unwavering commitment to serving this vulnerable population.
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Impact
August, 2024
The Willard & Alpha Wiegrefe Foundation's impact lies in providing essential low-income housing for senior citizens in Eitzen, Minnesota, and neighboring communities. By operating and maintaining low-income elderly housing in Eitzen, Minnesota, the foundation directly contributes to fulfilling the housing needs of senior citizens in the area. This initiative aligns with the foundation's mission of ensuring that seniors have access to affordable housing, thereby positively impacting the quality of life for this vulnerable demographic.
This information is meant to be a general summary of Willard & Alpha Wiegrefe Foundation. 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: $4,077
- Program Service Revenue: $69,000
- Gross Receipts: $73,077
Assets and Liabilities:
- Total Assets: $1,586,593
- Total Liabilities: $0
- Net Assets: $1,586,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELDERLY HOUSING RENT
Revenue
$69,000
Organization Details
Founding Year
2016
Phone
(507) 495-3321Principal Officer
Harley Meiners
Main Address
MITCH LUTTCHENS 108 IOWA AVE, EITZEN, MN, 55931
NTEE Category
Code: L99 - Housing
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