Overview
What is Poweshiek Area Housing Inc?
Poweshiek Area Housing Inc is a nonprofit organization situated in Grinnell, Iowa. With a focus on providing housing solutions, they cater to two distinct groups: senior citizens and individuals with mental disabilities. They accomplish this mission through federally subsidized loans and rental assistance, managing a total of 60 apartments – 9 for mentally handicapped individuals and 51 for the elderly. The organization has successfully achieved an occupancy rate of 81%, demonstrating their effectiveness in meeting the housing needs of their target population.
Is Poweshiek Area Housing Inc legitimate?
Poweshiek Area Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poweshiek Area Housing 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: $26,049
For more financial information, click here
What is the mission statement of Poweshiek Area Housing Inc?
Poweshiek Area Housing Inc's mission is centered around providing housing solutions. Specifically, they focus on catering to the needs of senior citizens and individuals with mental disabilities. Through their efforts, they offer rental housing, which is made possible through federally subsidized loans and rental assistance. As of now, their housing facilities include 9 apartments designed for mentally handicapped individuals and 51 apartments for senior citizens. The organization has managed to achieve an occupancy rate of 81% in these apartments.
Who is the CEO of Poweshiek Area Housing Inc?
Frank Shults is the President of Poweshiek Area Housing Inc.
What is the revenue of Poweshiek Area Housing Inc?
Poweshiek Area Housing Inc's revenue in 2022 was $531,663.
Who are the executives of Poweshiek Area Housing Inc and what are their salaries?
- Frank Shults (President) [Trustee/Director]
- Paul Kolpin (Vice Preside) [Trustee/Director]
- Robert G Anderson (Secretary/Tr) [Trustee/Director]
- Doris L Hotchkin (Director)
- Douglas Cameron (Director)
- Betty Ludden Joined 122 (Director)
- Tracy Sadler Resigned 122 (Director)
- Kevin Stutz Resigned 122 (Director)
Where can I find the form 990 for Poweshiek Area Housing Inc?
The Poweshiek Area Housing Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Poweshiek Area Housing Inc
Poweshiek Area Housing Inc, as a nonprofit organization, is dedicated to providing housing solutions for two distinct groups: senior citizens and individuals with mental disabilities. This mission is carried out through the provision of rental apartments, with 9 units specifically designed for mentally handicapped individuals and 51 units catering to senior citizens. The organization achieves this by leveraging federally subsidized loans and rental assistance, ensuring that housing is affordable and accessible for these groups. The organization has managed to maintain an impressive 81% occupancy rate, demonstrating its success in fulfilling its mission. By providing safe and comfortable housing, Poweshiek Area Housing Inc contributes significantly to the well-being and independence of its residents, enabling them to live fulfilling lives with dignity and respect.
Impact
This information is meant to be a general summary of Poweshiek Area Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Poweshiek Area Housing Inc's impact lies in providing essential housing for senior citizens and mentally handicapped individuals in Grinnell, Iowa. Through the provision of 9 mentally handicapped apartments and 51 elderly apartments with federally subsidized loans and rental assistance, this organization has achieved an impressive 81% occupancy rate. By fulfilling their mission to provide housing for these vulnerable populations, Poweshiek Area Housing Inc plays a crucial role in ensuring that individuals in need have a stable and safe place to call home.
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.
FEES & CONTRACTS GOV AGENCIES
Revenue
$297,344
VERY LOW RENTAL INCOME
Revenue
$224,993
LAUNDRY AND VENDING
Revenue
$5,182
CABLE REVENUE
Revenue
$2,972
MISCELLANEOUS INCOME
Revenue
$350
Organization Details
Founding Year
1987
Phone
(563) 432-6160
Principal Officer
Frank Shults
Main Address
214 4TH AVE WEST, GRINNELL, IA, 50112
NTEE Category
Code: L21 - Housing
If you are a representative of Poweshiek Area Housing 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.