Overview
What is Laborers Local 242 Home Development?
Laborers Local 242 Home Development is a nonprofit organization situated in Des Moines, Washington. Its primary mission is dedicated to promoting social welfare by developing, operating, and providing low- and moderate-income housing. They achieve this goal by acquiring real property and constructing, maintaining, and operating residential improvements specifically for low- and moderate-income households. The organization's activities largely revolve around this mission, ensuring affordable living spaces for those in need.
Is Laborers Local 242 Home Development legitimate?
Laborers Local 242 Home Development is a legitimate nonprofit organization registered as a 501(c)(4) entity. Laborers Local 242 Home Development 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 Laborers Local 242 Home Development?
Laborers Local 242 Home Development is dedicated to promoting social welfare by actively engaging in the development, operation, and provision of low- and moderate-income housing. They achieve this goal by acquiring real property and constructing, maintaining, and operating residential improvements. This service is exclusively designed for families and households falling under the low- and moderate-income brackets. The organization's primary focus is on managing the operational and maintenance expenses associated with these housing developments.
Who is the CEO of Laborers Local 242 Home Development?
Dale W Cannon is the President of Laborers Local 242 Home Development.
What is the revenue of Laborers Local 242 Home Development?
Laborers Local 242 Home Development's revenue in 2020 was $0.
Who are the executives of Laborers Local 242 Home Development and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $192,177
- Other: $72,722
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $175,177
- Other: $67,241
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Laborers Local 242 Home Development?
Laborers Local 242 Home Development's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Laborers Local 242 Home Development
Laborers Local 242 Home Development is committed to promoting social welfare by actively engaging in the development, operation, and provision of affordable housing for low- and moderate-income households. This nonprofit organization achieves its mission by acquiring real property and constructing, maintaining, and operating residential improvements on these properties. The primary goal is to serve those who fall within the low- and moderate-income bracket, ensuring they have access to safe and comfortable living spaces. The organization's operations primarily focus on managing the operational and maintenance expenses associated with these housing developments, ensuring they remain in good condition and continue to provide a much-needed service to their residents.
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Impact
October, 2024
Laborers Local 242 Home Development significantly enhances the living conditions of low- and moderate-income households in Des Moines, WA. By acquiring real property and constructing, maintaining, and operating residential improvements, the organization directly addresses housing shortages and affordability issues in the area. Their efforts to develop and provide quality low-income housing promote social welfare and create stable communities.
Through these initiatives, Laborers Local 242 Home Development not only helps individuals and families secure safe and affordable homes but also fosters a sense of belonging and community. This contributes to improved quality of life, increased economic stability, and overall community development. Their operational focus ensures that these residential improvements are not just structures, but homes that support the well-being of residents and enrich the social fabric of the community.
This information is meant to be a general summary of Laborers Local 242 Home Development. 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 2020.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2012
Phone
(206) 441-0470Principal Officer
Dale W Cannon
Main Address
22323 PACIFIC HWY S, DES MOINES, WA, 98198
NTEE Category
Code: L20 - Housing
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