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Mount Nittany Residences Inc

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

EIN: 251353697 ✦ Altoona, PA ✦ Designated as a 501(c)(3)

Overview

What is Mount Nittany Residences Inc?

Mount Nittany Residences Inc, located in Altoona, Pennsylvania, is a nonprofit organization dedicated to providing affordable housing to families with modest incomes. Established with the mission to make housing accessible, they offer low-cost accommodations to meet the needs of their community. By doing so, Mount Nittany Residences Inc aims to contribute positively to the well-being of their residents, thereby enhancing overall living standards within their community.


Official website here: www.improved-dwellings.org

Is Mount Nittany Residences Inc legitimate?

Mount Nittany Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Nittany Residences 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $285,357

For more financial information, click here


Official website here: www.improved-dwellings.org

What is the mission statement of Mount Nittany Residences Inc?

Mount Nittany Residences Inc is committed to providing affordable housing for families with modest incomes. This mission is carried out on a non-profit basis, with the organization dedicated to serving those in need. In essence, Mount Nittany Residences Inc strives to make housing accessible and affordable for a segment of society often faced with housing affordability challenges. They work tirelessly to ensure that low-income families have a place to call home, contributing to the well-being and stability of these families. The organization's efforts are geared towards addressing the housing needs of this particular demographic, thereby promoting social equality and fostering sustainable communities.


Official website here: www.improved-dwellings.org

Who is the CEO of Mount Nittany Residences Inc?

Rev Larry Louder is the President of Mount Nittany Residences Inc.


Official website here: www.improved-dwellings.org

What is the revenue of Mount Nittany Residences Inc?

Mount Nittany Residences Inc's revenue in 2023 was $1,583,889.


Official website here: www.improved-dwellings.org

Who are the executives of Mount Nittany Residences Inc and what are their salaries?

Here are 7 key members and their salaries:

    Dennis K Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Douglas R Mcgaffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Larry Louder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Gable (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lois L Lynn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles C Mong (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Rivell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.improved-dwellings.org

    Where can I find the form 990 for Mount Nittany Residences Inc?

    The Mount Nittany Residences Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.improved-dwellings.org

    Learn more at the official website: www.improved-dwellings.org

    Mission Statement of Mount Nittany Residences Inc

    Mount Nittany Residences Inc, a non-profit organization, is dedicated to providing affordable housing solutions for families with modest incomes. The mission of this esteemed institution is centered around offering low-cost housing on a charitable basis to those in need. By doing so, Mount Nittany Residences Inc aims to contribute positively to the lives of many families, offering them a stable living environment that they might not otherwise be able to afford.

    Impact

    This information is meant to be a general summary of Mount Nittany Residences Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mount Nittany Residences Inc provides a crucial service by offering low-cost housing to low and moderate-income families in need. This organization plays a significant role in addressing the housing challenges faced by vulnerable populations in the community, ensuring that individuals and families have access to safe and affordable housing options. By fulfilling its mission to provide housing on a nonprofit basis, Mount Nittany Residences Inc positively impacts the lives of those it serves, helping to create a more stable and secure environment for individuals and families in Altoona, PA.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $-2,536
  • Program Service Revenue: $704,616
  • Gross Receipts: $1,586,858

    • Assets and Liabilities:
  • Total Assets: $2,781,959
  • Total Liabilities: $3,995,497
  • Net Assets: -$1,213,538
  • Programs

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

    RENTAL INCOME APARTMEN

    Revenue

    $719,269

    APARTMENT VACANCIES

    Revenue

    $-14,653

    Organization Details

    Principal Officer

    Rev Larry Louder

    Main Address

    PO BOX 592, ALTOONA, PA, 16603

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Mount Nittany Residences Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.