nonprofit logo

Madison Heights Non-Profit Housing Corporation

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

EIN: 382332549 ✦ Warren, MI ✦ Designated as a 501(c)(3)

Overview

What is Madison Heights Non-Profit Housing Corporation?

Madison Heights Non-Profit Housing Corporation is a Michigan-based, non-profit organization, established in 1977 by Cooperative Services, Inc., another non-profit entity. The corporation's primary mission is to provide housing facilities for low-income senior citizens. Originating as an initiative to acquire real estate in Madison Heights, Michigan, the organization constructed and operates an apartment project comprising 151 units. In collaboration with the U.S. Department of Housing and Urban Development, they offer affordable housing solutions to this specific demographic.


Is Madison Heights Non-Profit Housing Corporation legitimate?

Madison Heights Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Heights Non-Profit Housing Corporation 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 Madison Heights Non-Profit Housing Corporation?
Who is the CEO of Madison Heights Non-Profit Housing Corporation?
What is the revenue of Madison Heights Non-Profit Housing Corporation?
Who are the executives of Madison Heights Non-Profit Housing Corporation and what are their salaries?
Where can I find the form 990 for Madison Heights Non-Profit Housing Corporation?

Mission Statement of Madison Heights Non-Profit Housing Corporation

Madison Heights Non-Profit Housing Corporation is dedicated to providing housing facilities for low-income senior citizens. Established in 1977, this Michigan-based non-profit corporation, organized by Cooperative Services, Inc., has a mission to make a positive impact in the lives of elderly individuals with limited income. The corporation's main objective is to acquire and manage real property, constructing an apartment project with 151 units specifically designed for senior citizens. In collaboration with the US Department of Housing and Urban Development, Madison Heights Non-Profit Housing Corporation ensures that these affordable housing facilities are accessible to those who truly need them. By providing a safe and comfortable living environment for low-income senior citizens, the corporation plays a significant role in enhancing the quality of life for this vulnerable population.

Impact

This information is meant to be a general summary of Madison Heights Non-Profit Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Madison Heights Non-Profit Housing Corporation makes a significant impact by providing housing facilities for low-income senior citizens in Warren, Michigan. By offering affordable housing to this vulnerable population, the organization plays a crucial role in ensuring that seniors have a safe and stable living environment. Additionally, the corporation's mission to support low-income seniors aligns with the broader goal of promoting community well-being and reducing crime rates by addressing housing insecurity among this demographic. Through its dedicated efforts, Madison Heights Non-Profit Housing Corporation helps enhance the quality of life for low-income seniors in the region.





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 2022.

  • Investment Income: $4,037
  • Program Service Revenue: $386,238
  • Gross Receipts: $1,709,164

    • Assets and Liabilities:
  • Total Assets: $3,554,162
  • Total Liabilities: $2,746,249
  • Net Assets: $807,913
  • Programs

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

    RENTAL INCOME

    Revenue

    $386,238

    Organization Details

    Founding Year

    1977

    Principal Officer

    Cindy Lamb

    Main Address

    8425 E TWELVE MILE ROAD, WARREN, MI, 48093

    NTEE Category

    Code: I20 - Crime

    If you are a representative of Madison Heights Non-Profit Housing Corporation 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.