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Mountaineer Development Corporation

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

EIN: 550748282 ✦ Delbarton, WV ✦ Designated as a 501(c)(3)

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Overview

What is Mountaineer Development Corporation?

Mountaineer Development Corporation, based in Delbarton, West Virginia, is a nonprofit organization dedicated to managing and developing housing options for low- and moderate-income families. Their mission encompasses providing decent and affordable housing, fostering economic development, and redevelopment initiatives for the citizens of West Virginia. The organization specializes in managing both single and multifamily housing units, contributing significantly to the community by offering affordable living solutions.

Is Mountaineer Development Corporation legitimate?

Mountaineer Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountaineer Development 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

For more financial information, click here

What is the mission statement of Mountaineer Development Corporation?

The Mountaineer Development Corporation's mission is centered around providing decent, affordable housing and promoting economic development for low and moderate-income families. This is achieved through the management and development of single and multi-family housing units. The organization's mission also involves the redevelopment of existing communities, demonstrating a commitment to enhancing living conditions for its target demographic.

Who is the CEO of Mountaineer Development Corporation?

R F Crum is the V President of Mountaineer Development Corporation.

What is the revenue of Mountaineer Development Corporation?

Mountaineer Development Corporation's revenue in 2022 was $291,383.

Who are the executives of Mountaineer Development Corporation and what are their salaries?


Here are 4 key members and their salaries:


John W Preece (V President)
  • Compensation: $0
  • Related: $0
  • Other: $0
R F Crum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Cook (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Hamilton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mountaineer Development Corporation?

Mountaineer Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mountaineer Development Corporation

Mountaineer Development Corporation, a notable entity, is committed to providing decent and affordable housing for low- and moderate-income families. Their mission extends beyond this, encompassing economic development and revitalization within their community. The corporation manages both single-family and multi-family housing units, catering to the housing needs of a significant portion of their population. By doing so, Mountaineer Development Corporation contributes to enhancing the living standards of its community members, promoting a sense of stability and security. Despite not providing explicit details about their operations or location, it is evident that their primary focus is on improving the lives of their constituents through housing and community development initiatives.

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Impact




October, 2024

Mountaineer Development Corporation plays a critical role in enhancing the quality of life for low and moderate-income families in West Virginia by managing and developing both single and multifamily housing. By focusing on providing decent and affordable housing, the organization addresses a significant need in the community, helping to alleviate housing insecurity and promote stability for families.

In addition to housing, Mountaineer Development Corporation contributes to broader economic development and redevelopment efforts in the region. Their work not only facilitates access to safe and affordable homes but also stimulates local economies by creating jobs and fostering community revitalization. This comprehensive approach ensures that families have a solid foundation from which they can thrive, ultimately leading to stronger communities across West Virginia.




This information is meant to be a general summary of Mountaineer Development 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.

Revenue
$291,383 (2022)
Expenses
$186,939 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $90,981
  • Gross Receipts: $291,383

Assets and Liabilities:

  • Total Assets: $1,935,812
  • Total Liabilities: $2,110,922
  • Net Assets: -$175,110

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Programs

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

RENTAL INCOME

Revenue

$90,981

Organization Details

Founding Year

1996

Principal Officer

R F Crum

Main Address

P O BOX 93, DELBARTON, WV, 25670

NTEE Category

Code: L20 - Housing

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