Overview
What is Maryvale Inc?
Maryvale Inc, a nonprofit established in accordance with Indiana's not-for-profit statutes, is committed to serving the elderly, handicapped, and low-income individuals. Located in St. Mary of the Woods, Indiana, the organization operates a 148-unit apartment project, financed by the Department of Housing and Urban Development (HUD) and regulated by them in terms of rental charges and operating methods. The project is further supported by a Housing Assistance Payment (HAP) contract with HUD, which provides rental assistance to low-income families or individuals under Section 8 of the National Housing Act. Maryvale Inc's mission is to offer a secure living environment for these individuals, thereby contributing to the well-being of the community.
Is Maryvale Inc legitimate?
Maryvale Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryvale 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: $0
For more financial information, click here
What is the mission statement of Maryvale Inc?
Maryvale Inc, a not-for-profit organization, was established in accordance with the state of Indiana's not-for-profit statutes. Its primary purpose is to manage a 148-unit apartment project, catering to the elderly, handicapped, and low-income individuals. The project is financially backed by a mortgage insured by the Department of Housing and Urban Development (HUD) under Section 223(F) of the National Housing Act. HUD regulates the project's rental charges and operating methods due to this mortgage arrangement. Furthermore, Maryvale Inc has entered into a Housing Assistance Payment (HAP) contract with HUD, which is a rent assistance program for low-income families, as per Section 8 of the National Housing Act.
Who is the CEO of Maryvale Inc?
Jan Harmening is the President of Maryvale Inc.
What is the revenue of Maryvale Inc?
Maryvale Inc's revenue in 2022 was $1,079,623.
Who are the executives of Maryvale Inc and what are their salaries?
- Jan Harmening (President) [Trustee/Director]
- Sister Mary Beth Klingel (Vice President) [Trustee/Director]
- Dave Bonnett (Secretary/Treasurer) [Trustee/Director]
- Marge Fields (Former Secretary/Treasurer) [Trustee/Director]
- Judith Anderson (Director)
- James Callahan (Director)
- John Harvey (Director)
- David Kite (Director)
- Kathleen Miller (Director)
- Chris Switzer (Director)
Where can I find the form 990 for Maryvale Inc?
The Maryvale Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Maryvale Inc
Maryvale Inc, established as a not-for-profit corporation in accordance with Indiana's statutes, was formed with the primary mission of managing a 148-unit apartment project. This project is specifically designed for the elderly, individuals with disabilities, and low-income individuals, situated in St. Mary of the Woods, Indiana. The project's financing is backed by a mortgage that is insured by the Department of Housing and Urban Development under Section 223(F) of the National Housing Act. Consequently, the project is subject to HUD's regulations in terms of rental charges and operating methods. Furthermore, Maryvale Inc has entered into a Housing Assistance Payment Contract with HUD, which serves as a rent assistance program for low-income families or individuals, as stipulated by Section 8 of the National Housing Act. In essence, Maryvale Inc is dedicated to providing affordable housing solutions for vulnerable populations, ensuring they live in a safe and supportive environment.
Impact
This information is meant to be a general summary of Maryvale Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Maryvale Inc provides crucial housing support to elderly, handicapped, and low-income individuals in St. Mary of the Woods, Indiana. By operating a 148-unit apartment project financed with a HUD-insured mortgage, Maryvale Inc ensures that these vulnerable populations have affordable and safe housing options. Through their Housing Assistance Payment contract with HUD, Maryvale Inc further assists low-income families by providing rent assistance, making a significant impact in addressing housing insecurity in the community.
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:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$496,563
Organization Details
Founding Year
1980
Phone
(812) 232-5083
Principal Officer
Jan Harmening
Main Address
711 OHIO STREET, TERRE HAUTE, IN, 47807
NTEE Category
Code: L22 - Housing
If you are a representative of Maryvale 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.