Overview
What is Marian Park Inc?
Marian Park Inc., established in 1972, is a nonprofit organization based in Illinois. Its primary mission is to construct and manage a rental housing project, following regulations set by the U.S. Department of Housing and Urban Development (HUD), under Section 236 of the National Housing Act. The project, comprising 210 units, is located in Wheaton, Illinois, and currently operates under the name Marian Park Inc. The organization's activities aim to provide affordable housing options to its residents, ensuring compliance with HUD-regulated rent charges and operating methods.
Is Marian Park Inc legitimate?
Marian Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marian Park 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: $484,095
For more financial information, click here
What is the mission statement of Marian Park Inc?
Marian Park Inc, established in 1972, was organized as a non-profit Illinois corporation with the goal of constructing and operating a rental housing project under Section 236 of the National Housing Act. This project, regulated by HUD, ensures controlled rent charges and operating methods. The project, consisting of 210 units, is currently operational in Wheaton, Illinois, and operates under the name Marian Park Inc. The primary mission of this organization is to provide affordable housing, ensuring that the regulations set by HUD are adhered to.
Who is the CEO of Marian Park Inc?
Melissa Clayton is the President/Director of Marian Park Inc.
What is the revenue of Marian Park Inc?
Marian Park Inc's revenue in 2022 was $3,166,261.
Who are the executives of Marian Park Inc and what are their salaries?
- Melissa Clayton (President/Director)
- Mark Angelini (Vice President)
- Joe Rosenblum (Secretary/Director)
- Ron Jackson (Director)
- Chad Payne (Treasurer)
- Fatmah Farraj (Vice President)
- Kassidi Boening (Vice President/Director)
- Bruce Saab (Vice President/Director)
Where can I find the form 990 for Marian Park Inc?
The Marian Park Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Marian Park Inc
Marian Park Inc, established in 1972, was organized as a non-stock, nonprofit organization with a mission to construct and operate a rental housing project under Section 236 of the National Housing Act. This project, consisting of 210 units, is regulated by HUD in terms of rent charges and operating methods. Currently, it operates under the name Marian Park Inc in Wheaton, Illinois. The primary goal of this organization is to provide affordable housing, ensuring that the operating methods and rent charges adhere to the regulations set by HUD.
Impact
This information is meant to be a general summary of Marian Park Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Marian Park Inc's impact lies in providing affordable housing options to individuals in need. Since its establishment in 1972, Marian Park Inc has been dedicated to constructing and operating a rental housing project under Section 236 of the National Housing Act. With 210 units located in Wheaton, Illinois, this nonprofit organization, regulated by HUD, plays a crucial role in offering stable and affordable housing for the community. By maintaining reasonable rent charges and adhering to strict operating methods, Marian Park Inc contributes to addressing the housing needs of individuals and families in the area.
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.
NET RENTAL REVENUE
Revenue
$981,888
ANCILLARY SERVICES
Revenue
$15,935
OTHER REVENUE
Revenue
$3,586
Organization Details
Founding Year
1972
Phone
(303) 830-3300
Principal Officer
Melissa Clayton
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
NTEE Category
Code: L21 - Housing
If you are a representative of Marian Park 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.