Overview
What is Malone Community Center Housing Corp?
Malone Community Center Housing Corp is a non-profit organization established in accordance with Nebraska's not-for-profit statutes. Its primary mission is to manage a 50-unit community named Malone Manor, situated in Lincoln, Nebraska. This community provides housing for low-income elderly individuals, in line with Section 202 of the National Housing Act. In 2017, the original mortgage was refinanced under Section 207, following Section 223(F) of the National Housing Act, thereby enhancing its facilities and services. The corporation's work is dedicated to serving the elderly population, offering them a secure and affordable living space. This non-profit organization plays a significant role in addressing the housing needs of an often underserved demographic, thereby contributing positively to the community.
Official website here: www.rhf.org
Is Malone Community Center Housing Corp legitimate?
Malone Community Center Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malone Community Center Housing Corp 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
Official website here: www.rhf.org
What is the mission statement of Malone Community Center Housing Corp?
The Malone Community Center Housing Corp, established in accordance with Nebraska's not-for-profit statutes, was formed with the primary objective of managing a 50-unit community known as Malone Manor. This community, located in Lincoln, Nebraska, serves the housing needs of low-income elderly individuals, in compliance with Section 202 of the National Housing Act. In August 2017, the original mortgage for this project was refinanced under Section 207, following the guidelines of Section 223(F) of the National Housing Act. The corporation's purpose, therefore, can be inferred to be providing affordable housing options for the elderly, ensuring their well-being and meeting the requirements set by federal housing acts.
Official website here: www.rhf.org
Who is the CEO of Malone Community Center Housing Corp?
Hartman Stuart J is the CEO of Malone Community Center Housing Corp The CEO's salary of Malone Community Center Housing Corp is $0 and their total compensation is $685,724.
Official website here: www.rhf.org
What is the revenue of Malone Community Center Housing Corp?
Malone Community Center Housing Corp's revenue in 2024 was $427,558.
Official website here: www.rhf.org
Who are the executives of Malone Community Center Housing Corp and what are their salaries?
Here are 35 key members and their salaries (Malone Community Center Housing Corp's CEO's salary is $0 and their total compensation is $685,724):
- Compensation: $0
- Related: $617,596
- Other: $68,128
- Compensation: $0
- Related: $440,286
- Other: $49,216
- Compensation: $0
- Related: $378,582
- Other: $25,235
- Compensation: $0
- Related: $259,219
- Other: $21,908
- Compensation: $0
- Related: $246,158
- Other: $37,102
- Compensation: $0
- Related: $248,822
- Other: $40,606
- Compensation: $0
- Related: $245,158
- Other: $41,335
- Compensation: $0
- Related: $242,093
- Other: $46,746
- Compensation: $0
- Related: $239,642
- Other: $49,191
- Compensation: $0
- Related: $228,362
- Other: $48,817
- Compensation: $0
- Related: $223,831
- Other: $4,520
- Compensation: $0
- Related: $210,648
- Other: $3,734
- Compensation: $0
- Related: $209,162
- Other: $18,816
- Compensation: $0
- Related: $197,200
- Other: $19,731
- Compensation: $0
- Related: $184,618
- Other: $4,763
- Compensation: $0
- Related: $177,682
- Other: $5,331
- Compensation: $0
- Related: $177,323
- Other: $16,482
- Compensation: $0
- Related: $173,077
- Other: $5,192
- Compensation: $0
- Related: $166,856
- Other: $23,842
- Compensation: $0
- Related: $168,542
- Other: $19,443
- Compensation: $0
- Related: $153,750
- Other: $18,784
- Compensation: $0
- Related: $151,652
- Other: $6,199
- Compensation: $0
- Related: $153,972
- Other: $18,804
- Compensation: $0
- Related: $147,014
- Other: $18,185
- Compensation: $0
- Related: $143,382
- Other: $17,693
- Compensation: $0
- Related: $137,523
- Other: $16,437
- Compensation: $0
- Related: $137,151
- Other: $16,749
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhf.org
Where can I find the form 990 for Malone Community Center Housing Corp?
Malone Community Center Housing Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rhf.org
Learn more at the official website: www.rhf.org
Mission Statement of Malone Community Center Housing Corp
Malone Community Center Housing Corp, a not-for-profit organization, was established with the intention of providing housing for low-income elderly individuals. This corporation, in line with the not-for-profit statutes of Nebraska, operates a 50-unit community known as Malone Manor, located in Lincoln, Nebraska. The organization's mission revolves around offering housing opportunities that adhere to Section 202 of the National Housing Act, which is aimed at providing homes for the elderly and disabled.
In 2017, Malone Community Center Housing Corp underwent a significant change by refinancing its original mortgage under Section 207, following the guidelines set by Section 223(F) of the National Housing Act. This refinancing process not only secured the organization's financial stability but also ensured that it could continue to provide affordable housing to its elderly residents. The corporation's mission, therefore, is to offer a safe and secure living environment for low-income elderly individuals, enabling them to live comfortably and with dignity.
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Impact
October, 2024
Malone Community Center Housing Corp has a significant impact by providing essential housing for low-income elderly individuals in Lincoln, Nebraska. Operating the 50-unit Malone Manor, the organization addresses critical housing needs for vulnerable populations, ensuring that elderly residents have access to safe, affordable living accommodations. This not only enhances their quality of life but also facilitates a sense of community and support among residents.
By operating under Section 202 of the National Housing Act, Malone Manor offers stability and independence to its residents, allowing them to age in place without the burden of excessive financial strain. Furthermore, the refinancing of the original mortgage in 2017 under Section 207 demonstrates a commitment to maintaining and improving housing conditions, which is vital for the sustainability of such housing initiatives.
Overall, Malone Community Center Housing Corp plays a vital role in enriching the lives of low-income elderly persons, fostering a supportive living environment that contributes positively to the social fabric of the community.
This information is meant to be a general summary of Malone Community Center Housing Corp. 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 2024.
- Investment Income: $7,242
- Program Service Revenue: $159,438
- Gross Receipts: $427,558
Assets and Liabilities:
- Total Assets: $2,969,802
- Total Liabilities: $3,195,120
- Net Assets: -$225,318
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$159,438
Organization Details
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