Winona Arms Inc

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

EIN: 363314934 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Winona Arms Inc?

Winona Arms Inc, situated in Minneapolis, Minnesota, is a nonprofit organization that specializes in providing affordable housing for senior citizens with lower income levels. The organization operates a 49-unit senior citizen housing project situated in Winona, Minnesota. Their primary mission is to ensure quality housing for this demographic, thereby contributing to their well-being and comfort.


Is Winona Arms Inc legitimate?

Winona Arms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winona Arms 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 Winona Arms Inc?
Who is the CEO of Winona Arms Inc?
What is the revenue of Winona Arms Inc?
Who are the executives of Winona Arms Inc and what are their salaries?
Where can I find the form 990 for Winona Arms Inc?

Mission Statement of Winona Arms Inc

Winona Arms Inc, as a nonprofit organization, is dedicated to providing affordable housing for lower income senior citizens. This mission is reflected in their ownership and operation of a 49-unit senior housing project, which aims to offer quality living spaces to this specific demographic. The organization's commitment to this cause is evident in its focus on Winona, Minnesota, where it has established a residential community that caters to the housing needs of senior citizens with limited income. By providing affordable housing, Winona Arms Inc contributes to the well-being and independence of its residents, allowing them to maintain a comfortable living standard.

Impact

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




Wednesday, July 24, 2024

Winona Arms Inc's impact is evident in the provision of affordable housing for lower-income senior citizens in Winona, Minnesota. Through its ownership and operation of a 49-unit senior citizen housing project, Winona Arms Inc plays a crucial role in ensuring that this vulnerable demographic has access to quality housing. This impact directly addresses the housing needs of lower-income seniors, contributing to their well-being and quality of life in the community.





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: $1,495
  • Program Service Revenue: $496,589
  • Gross Receipts: $498,084

    • Assets and Liabilities:
  • Total Assets: $1,722,769
  • Total Liabilities: $1,750,235
  • Net Assets: -$27,466
  • Programs

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

    RENTAL REVENUE

    Revenue

    $496,589

    Organization Details

    Founding Year

    1984

    Principal Officer

    Joseph Holmberg

    Main Address

    2507 LAKE PLACE, MINNEAPOLIS, MN, 55405

    NTEE Category

    Code: L22 - Housing

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