nonprofit logo

Nicollet Meadows Housing Group

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

EIN: 412019031 ✦ Slayton, MN ✦ Designated as a 501(c)(3)

Overview

What is Nicollet Meadows Housing Group?

Nicollet Meadows Housing Group is a nonprofit organization situated in Slayton, Minnesota. Their primary mission is to provide affordable housing opportunities for individuals and families with moderate and low incomes. They manage a 136-unit housing project, dedicating their efforts to this cause. The organization's purpose is to ensure that residents have access to comfortable and budget-friendly housing solutions, thereby contributing to a stronger and more inclusive community.


Is Nicollet Meadows Housing Group legitimate?

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

Mission Statement of Nicollet Meadows Housing Group

Nicollet Meadows Housing Group is dedicated to providing affordable housing solutions for individuals and families with low and moderate incomes. Their mission is to ensure that these individuals have access to suitable living arrangements, thereby contributing to their overall well-being and stability. The organization operates a housing project comprising 136 units, specifically designed to accommodate tenants who fall under the low and moderate income bracket. By providing affordable housing, Nicollet Meadows Housing Group strives to make a positive impact on the community, ensuring that everyone, regardless of their financial circumstances, has a place to call home.

Impact

This information is meant to be a general summary of Nicollet Meadows Housing Group. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Nicollet Meadows Housing Group has a significant impact by providing affordable housing for low and moderate-income residents in Slayton, MN. Through their operation of a 136-unit housing project, they offer a vital resource for individuals and families in need of affordable housing options. Their mission to provide this essential service helps address housing insecurity and contributes to the well-being of 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 2022.

  • Investment Income: $9,560
  • Program Service Revenue: $1,009,689
  • Gross Receipts: $1,019,249

    • Assets and Liabilities:
  • Total Assets: $7,785,673
  • Total Liabilities: $9,222,543
  • Net Assets: -$1,436,870
  • Programs

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

    LOW INCOME HOUSING REN

    Revenue

    $884,828

    INTEREST SUBSIDY

    Revenue

    $92,388

    TENANT CHARGES

    Revenue

    $16,378

    LAUNDRY

    Revenue

    $12,162

    OTHER PROGRAM SERVICE

    Revenue

    $3,933

    Organization Details

    Founding Year

    2001

    Principal Officer

    Chad Adams

    Main Address

    2401 BROADWAY AVE, SLAYTON, MN, 56172

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Nicollet Meadows Housing Group 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.