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Housing Management & Development Co

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

EIN: 460501764 ✦ Ogden, UT ✦ Designated as a 501(c)(3)

Overview

What is Housing Management & Development Co?

Housing Management & Development Co is a nonprofit organization situated in Ogden, Utah, with a mission to address the housing needs of families falling below 80% of the local median income. They aim to achieve this by acquiring or developing projects, which will ultimately result in the creation of affordable housing options in the form of individual homes or apartments. This initiative is intended to alleviate poverty and distress within the community by providing affordable living spaces.


Is Housing Management & Development Co legitimate?

Housing Management & Development Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Management & Development Co 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: $58,050

For more financial information, click here


What is the mission statement of Housing Management & Development Co?
Who is the CEO of Housing Management & Development Co?
What is the revenue of Housing Management & Development Co?
Who are the executives of Housing Management & Development Co and what are their salaries?
Where can I find the form 990 for Housing Management & Development Co?

Mission Statement of Housing Management & Development Co

Housing Management & Development Co is committed to a mission that involves acquiring or developing projects aimed at serving families who fall within 80% of the area's median income. The organization's goal is to provide affordable housing solutions in the form of individual homes and apartments, aiming to alleviate poverty and distress within the community. By creating these living spaces, Housing Management & Development Co works towards aiding families who are financially disadvantaged, thereby contributing to a more equitable society.

Impact

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




Saturday, July 20, 2024

Housing Management & Development Co's impact is significant in providing affordable housing to families at or below 80 percent of the area's median income. By acquiring or developing projects that offer individual homes and apartment units, this organization plays a crucial role in supporting poor and distressed families in the community, helping to alleviate housing insecurity and improve quality of life for those in need.





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: $28,939
  • Program Service Revenue: $866,606
  • Gross Receipts: $895,545

    • Assets and Liabilities:
  • Total Assets: $4,463,221
  • Total Liabilities: $1,391,190
  • Net Assets: $3,072,031
  • Programs

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

    TENANT RENTS

    Revenue

    $782,092

    MGMT. AND DEVELOPMENT FEES

    Revenue

    $84,514

    Organization Details

    Founding Year

    2002

    Principal Officer

    Tim Price

    Main Address

    1100 GRANT AVENUE, OGDEN, UT, 84404

    NTEE Category

    Code: L20 - Housing

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