Community Homes Of Bismarck Inc

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

EIN: 450315211 ✦ Bismarck, ND ✦ Designated as a 501(c)(3)

Overview

What is Community Homes Of Bismarck Inc?

Community Homes of Bismarck Inc, located at 410 S 2ND ST, Bismarck, ND 58504, is a nonprofit organization dedicated to providing affordable housing options or rental assistance payments for individuals with low to moderate income levels. Through their Section 236 Program and Section 8 Housing Choice Voucher Program, they aim to make housing more accessible for qualified tenants. With a mission to enhance living conditions for those in need, Community Homes of Bismarck Inc plays a significant role in promoting affordable housing within their community. The organization currently employs a small team of 2 individuals.


Official website here: www.burleighcountyhousing.com

Is Community Homes Of Bismarck Inc legitimate?

Community Homes Of Bismarck Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Homes Of Bismarck 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: $18,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,568

For more financial information, click here


Official website here: www.burleighcountyhousing.com

What is the mission statement of Community Homes Of Bismarck Inc?

Community Homes of Bismarck Inc's mission is centered around providing affordable housing solutions. They strive to accommodate individuals with low and moderate income levels by either offering affordable housing units or providing rental assistance payments. Under the Section 236 program, they offer affordable housing to qualified tenants with low to moderate income. Additionally, through the Section 8 Housing Choice Voucher Program, they offer rental assistance payments on behalf of qualified low-income tenants. By doing so, Community Homes of Bismarck Inc aims to contribute to a more equitable housing landscape.


Official website here: www.burleighcountyhousing.com

Who is the CEO of Community Homes Of Bismarck Inc?

Nicole Schurhamer is the Director of Community Homes Of Bismarck Inc.


Official website here: www.burleighcountyhousing.com

What is the revenue of Community Homes Of Bismarck Inc?

Community Homes Of Bismarck Inc's revenue in 2022 was $920,765.


Official website here: www.burleighcountyhousing.com

Who are the executives of Community Homes Of Bismarck Inc and what are their salaries?

The average compensation at Community Homes Of Bismarck Inc during 2022 was $70,046. There are 2 employees and 8 volunteers at Community Homes Of Bismarck Inc.

Here are 8 key members and their salaries:

    Dwight Barden (Managing Agent/Exec. Dir. (End 12/31))
  • Compensation: $0
  • Related: $160,263
  • Other: $33,448

    • Nicole Schurhamer (Managing Agent/Exec. Dir.)
  • Compensation: $0
  • Related: $75,308
  • Other: $23,725

    • Kathie Strum (Managing Agent/Finance Dir)
  • Compensation: $0
  • Related: $71,483
  • Other: $23,589

    • Steven Sathre (Director)
  • Compensation: $3,900
  • Related: $0
  • Other: $0

    • Arlene Olson (President) [Trustee/Director]
  • Compensation: $3,900
  • Related: $0
  • Other: $0

    • Cynthia Chavez (Vice President) [Trustee/Director]
  • Compensation: $3,900
  • Related: $0
  • Other: $0

    • Kathleen Atkinson (Director)
  • Compensation: $3,575
  • Related: $0
  • Other: $0

    • Lois Sundquist (Director)
  • Compensation: $3,250
  • Related: $0
  • Other: $0


  • Official website here: www.burleighcountyhousing.com

    Where can I find the form 990 for Community Homes Of Bismarck Inc?

    The Community Homes Of Bismarck Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.burleighcountyhousing.com

    Learn more at the official website: www.burleighcountyhousing.com

    Mission Statement of Community Homes Of Bismarck Inc

    Community Homes of Bismarck Inc is dedicated to providing affordable housing solutions for individuals with low and moderate income levels. At the heart of its mission, this organization strives to offer affordable housing options to qualified tenants. To achieve this, Community Homes of Bismarck Inc participates in two key programs: Section 236 and the Section 8 Housing Choice Voucher Program.

    Through the Section 236 program, Community Homes of Bismarck Inc provides affordable housing under Section 236 to qualified tenants with low to moderate income levels. This program ensures that these individuals can secure safe, comfortable living spaces at affordable prices.

    On the other hand, the Section 8 Housing Choice Voucher Program enables Community Homes of Bismarck Inc to provide rental assistance payments on behalf of qualified low-income tenants. By offering rental assistance, this program helps eligible tenants meet their housing expenses and maintain financial stability.

    In summary, Community Homes of Bismarck Inc is a nonprofit organization that is committed to providing affordable housing solutions for individuals with low and moderate income levels. Through its participation in the Section 236 and Section 8 Housing Choice Voucher Programs, the organization offers affordable housing options and rental assistance payments to qualified tenants, thereby ensuring that they can secure safe and comfortable living arrangements while managing their financial resources effectively.

    Impact

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




    Saturday, July 20, 2024

    Community Homes Of Bismarck Inc's impact lies in providing affordable housing and rental assistance to qualified individuals with low and moderate income levels in Bismarck, ND. Through programs like the Section 236 Program and the Section 8 Housing Choice Voucher Program, the organization helps ensure that individuals and families have access to safe and stable housing. By fulfilling their mission of providing affordable housing to qualified low and moderate income tenants, Community Homes Of Bismarck Inc plays a crucial role in addressing housing insecurity and promoting economic stability within 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: $14,212
  • Program Service Revenue: $785,700
  • Gross Receipts: $920,765

    • Assets and Liabilities:
  • Total Assets: $7,122,179
  • Total Liabilities: $4,935,736
  • Net Assets: $2,186,443
  • Programs

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

    RENTAL INCOME

    Revenue

    $779,329

    SERVICE INCOME

    Revenue

    $6,371

    Organization Details

    Founding Year

    1971

    Principal Officer

    Nicole Schurhamer

    Main Address

    410 S 2ND ST, BISMARCK, ND, 58504

    NTEE Category

    Code: Z99 - Unknown

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