Overview
What is Century Fund Corporation?
Century Fund Corporation is a nonprofit organization that plays a significant role in supporting Centennial Village Corporation's mission. Established in 1980, its primary objective is to ensure the continuity of providing high-quality, affordable housing for low-income seniors. It achieves this by holding assets and collecting rent or funds through its wholly-owned subsidiaries. The collected funds are then safeguarded for future use, ensuring the long-term sustainability of the housing program for the benefit of the senior community.
Is Century Fund Corporation legitimate?
Century Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Century Fund Corporation submitted a form 990EZ, 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.
What is the mission statement of Century Fund Corporation?
Century Fund Corporation plays a crucial role in supporting the mission of Centennial Village Corporation. Established in 1980, its primary objective is to ensure the continuity of providing high-quality housing for low-income seniors. It achieves this by managing assets and collecting rent or funds through its subsidiaries, safeguarding these resources for future use. The main goal is to protect the assets, enabling Centennial Village Corporation to continue providing affordable housing for senior citizens in the long term.
Who is the CEO of Century Fund Corporation?
Brant Nyhart is the Vice-President of Century Fund Corporation.
What is the revenue of Century Fund Corporation?
Century Fund Corporation's revenue in 2022 was $0.
Who are the executives of Century Fund Corporation and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990EZ for Century Fund Corporation?
Century Fund Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Century Fund Corporation
Century Fund Corporation plays a crucial role in supporting Centennial Village Corporation's mission of providing high-quality housing for low-income seniors. Established in 1980, Century Fund Corporation achieves this by holding assets and collecting rent or funds through its wholly owned subsidiaries. This strategic approach allows Century Fund Corporation to safeguard these assets for future use, ensuring the continuity of quality housing services for seniors in need. By doing so, Century Fund Corporation is an essential partner in Centennial Village Corporation's mission to uplift and empower this vulnerable population.
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Impact
October, 2024
Century Fund Corporation plays a vital role in enhancing the quality of life for low-income seniors by ensuring the availability of affordable housing options. Since its inception in 1980, the organization has actively supported the mission of Centennial Village Corporation, focusing on the provision of quality housing tailored to the needs of this vulnerable population.
By managing assets and collecting rent or funds through its wholly owned subsidiaries, Century Fund Corporation safeguards these resources for future use, thereby reinforcing the stability and sustainability of housing solutions for seniors in Mesa, AZ. This strategic approach not only preserves financial resources but also contributes to the long-term viability of housing initiatives that have a profound impact on the well-being of low-income senior residents. Through its ongoing efforts, Century Fund Corporation continues to make a significant difference in the community by championing the cause of affordable housing and enhancing the living conditions for those it serves.
This information is meant to be a general summary of Century Fund 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.
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: $2,953
- Total Liabilities: $38,969
- Net Assets: -$36,016
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Organization Details
Phone
(480) 833-6036Principal Officer
Brant Nyhart
Main Address
130 W BROWN RD, MESA, AZ, 85201
NTEE Category
Code: L11 - Housing
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