Overview
What is Mkm Affordable Inc?
Mkm Affordable Inc is a nonprofit organization located in Dexter, Michigan. Its primary mission is to provide affordable rental housing to low-income families and individuals, as defined by the U.S. Department of Housing and Urban Development. This includes offering housing to households with an income at or below 60% of the area median income, and ensuring that at least 10% of these households are previously homeless individuals in transition. The organization's goal is to contribute to the community by providing stable and affordable housing solutions.
Is Mkm Affordable Inc legitimate?
Mkm Affordable Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mkm Affordable 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mkm Affordable Inc?
Mkm Affordable Inc, as a mission, is dedicated to providing affordable rental housing for families and individuals with low incomes. This aligns with the definition set by the U.S. Department of Housing and Urban Development, where the household income is at or below sixty percent of the area median income. The organization is committed to ensuring that at least ten percent of previously homeless households in transition from homelessness also benefit from these affordable housing units. The purpose of this project is to offer a lasting solution for affordable housing needs, catering to those who fall within the income bracket specified by the Department of Housing and Urban Development.
Who is the CEO of Mkm Affordable Inc?
Russell B Geyser is the Board President of Mkm Affordable Inc.
What is the revenue of Mkm Affordable Inc?
Mkm Affordable Inc's revenue in 2022 was $0.
Who are the executives of Mkm Affordable Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Mkm Affordable Inc?
Mkm Affordable Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mkm Affordable Inc
Mkm Affordable Inc, as a nonprofit organization, is committed to providing permanent affordable rental housing for low-income families and individuals. This mission is in alignment with the guidelines set by the United States Department of Housing and Urban Development, specifically focusing on households with an income that does not exceed sixty percent of the area median income. The organization strives to accommodate at least ten percent of previously homeless households in transition from homelessness within its housing facilities. The primary objective of Mkm Affordable Inc is to offer a sustainable living solution for individuals and families who fall under the low-income bracket, ensuring they have access to secure and affordable housing options.
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Impact
October, 2024
Mkm Affordable Inc significantly enhances the quality of life for low-income families and individuals by providing permanent affordable rental housing. By focusing on households with incomes at or below sixty percent of the area median income, the organization plays a crucial role in alleviating housing insecurity within the community. This initiative specifically includes a commitment to supporting previously homeless households, facilitating their transition to stable living conditions.
Located in Dexter, MI, Mkm Affordable Inc addresses a critical need for affordable housing, helping families and individuals secure safe and stable environments. This not only fosters a sense of community but also promotes long-term economic stability for residents, allowing them to invest in their futures without the immediate burden of housing costs. The impact extends beyond individual families, contributing to the overall well-being of the community by reducing homelessness and enhancing neighborhood stability.
This information is meant to be a general summary of Mkm Affordable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $7,876,326
- Total Liabilities: $0
- Net Assets: $7,876,326
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Organization Details
Founding Year
2019
Phone
(734) 426-2901Principal Officer
Russell B Geyser
Main Address
PO BOX 251, DEXTER, MI, 48130
NTEE Category
Code: L40 - Housing
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