Wmch Development Corporation

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

EIN: 742354546 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Wmch Development Corporation?

Wmch Development Corporation is a nonprofit organization situated in Phoenix, Arizona, primarily dedicated to providing housing and support services for elderly and handicapped individuals. In 2022, they managed a 32-unit housing complex in Springerville, Arizona, catering to 40 residents. Among them, 15% were non-elderly individuals with disabilities, 78% were elderly, and 3% were senior citizens aged 82-93. Post the COVID-19 pandemic, the community slowly resumed activities, with the Springerville/Eager Chamber of Commerce organizing onsite holiday celebrations. St. Mary's Food Bank delivered food boxes monthly, and residents received commodities every Tuesday. NACOG (Northern Arizona Council of Governments) and the Round Valley Senior Center also offered services and case management to many residents. The organization's mission is to ensure elderly and handicapped individuals have access to housing facilities and services designed to meet their healthcare, security, and social needs.

Is Wmch Development Corporation legitimate?

Wmch Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wmch 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: $69,685

For more financial information, click here

What is the mission statement of Wmch Development Corporation?

The Wmch Development Corporation's mission is centered around providing housing and support services for elderly and handicapped individuals. Their primary objective is to offer housing facilities and services designed to cater to the health, security, and social needs of these individuals. In 2022, the organization housed 40 residents, including non-elderly people with disabilities, older adults, and the elderly, providing them with decent, safe, and affordable living spaces. Post-COVID-19, the community resumed regular activities with limited social events and holiday celebrations organized by the Springerville/Eager Chamber of Commerce. Furthermore, essential supplies were delivered to residents, and many received additional support and case management services through NACOG (Northern Arizona Council of Governments) and the Round Valley Senior Center.

Who is the CEO of Wmch Development Corporation?

Mary Nedrow is the President of Wmch Development Corporation.

What is the revenue of Wmch Development Corporation?

Wmch Development Corporation's revenue in 2022 was $332,590.

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

There 7 volunteers at Wmch Development Corporation.


Here are 7 key members and their salaries:


Mary Nedrow (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Ayres (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fredericksen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Rasmussen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven M Hopkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Drake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wmch Development Corporation?

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

Mission Statement of Wmch Development Corporation

Wmch Development Corporation, a nonprofit organization, is dedicated to providing housing and support services for elderly and handicapped individuals. Their mission is to ensure that elderly and disabled persons have access to housing facilities and services designed to meet their health, security, and social needs. By operating a 32-unit multifamily housing complex, Wmch Development Corporation provided decent, safe, sanitary, and affordable housing to 40 residents in 2022. The age demographic ranged from 18-93, with the majority being between the ages of 62 and 81.

After the COVID-19 pandemic, the community slowly resumed regular activities, with limited social events and community events organized by the Springerville/Eager Chamber of Commerce. Residents also enjoyed onsite holiday celebrations arranged by the chamber. In addition to these activities, St. Mary's Food Bank delivered food boxes to the residents each month, and they received commodities every Tuesday. Residents also received services and case management through Nacog (Northern Arizona Council of Governments) and the Round Valley Senior Center.

In summary, Wmch Development Corporation's mission is to provide elderly and disabled individuals with safe and affordable housing, ensuring they have access to the necessary resources to meet their health, security, and social needs. The organization achieved this by operating a multifamily housing complex and offering various services and support to its residents, such as onsite celebrations, food deliveries, and case management.

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Impact




October, 2024

Wmch Development Corporation has a significant impact on the quality of life for elderly and handicapped individuals in Springerville, Arizona. By operating a 32-unit multifamily housing complex, the organization provides decent, safe, sanitary, and affordable housing that meets the unique needs of its residents. In 2022, it supported a diverse group of 40 residents, including adults with disabilities and seniors, creating an inclusive community conducive to fostering social connections and support.

The organization has played a crucial role in helping residents resume regular activities post-COVID-19, although challenges remained due to the pandemic. It facilitated limited social and community events, enhancing residents' social engagement. Partnerships with local entities, such as the Springerville/Eager Chamber of Commerce for holiday celebrations and St. Mary's Food Bank for monthly food deliveries, further support the well-being of residents.

Wmch Development Corporation also connects residents with essential services, such as case management through NACOG and opportunities to participate in activities at the Round Valley Senior Center. These efforts not only provide housing but also address residents' health, security, and social needs, contributing to a supportive environment for some of the most vulnerable members of the community. Through its comprehensive approach, the organization significantly enhances the quality of life for elderly and handicapped individuals, demonstrating a dedicated commitment to their welfare.




This information is meant to be a general summary of Wmch 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
$332,590 (2022)
Expenses
$317,006 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$598
  • Program Service Revenue: $333,188
  • Gross Receipts: $333,201

Assets and Liabilities:

  • Total Assets: $218,702
  • Total Liabilities: $412,321
  • Net Assets: -$193,619

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Programs

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

NET RENTAL INCOME

Revenue

$327,977

LAUNDRY

Revenue

$3,400

DAMAGES/CLEANING FEES

Revenue

$1,811

Organization Details

Founding Year

1984

Principal Officer

Mary Nedrow

Main Address

2330 WEST MISSION LANE 10, PHOENIX, AZ, 85021

NTEE Category

Code: L21 - Housing

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