Monticello Ecumenical Retirement Center Inc

Monticello Ecumenical Retirement Center Inc, established in 1982, is a non-profit organization based in Monticello, Arkansas. Its primary mission is to provide housing for the elderly or handicapped, following Section 202 of the National Housing Act. The organization manages Annsword Apartments, a 62-unit rental complex in Monticello, leasing the apartments on a mostly month-to-month basis. The center's major program is its Section 202 Direct Loan, which is regulated by the Department of Housing and Urban Development (HUD) to control rent charges and operating methods. In line with its non-profit status, Monticello Ecumenical Retirement Center Inc is precluded from receiving distributions of project funds under the terms of the regulatory agreement with HUD. The organization operates with a workforce of 4 individuals.

Monticello Ecumenical Retirement Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monticello Ecumenical Retirement Center 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: $80,499

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Monticello Ecumenical Retirement Center Inc, established in 1982, is a non-profit organization with a primary mission to provide housing for the elderly and handicapped, in line with Section 202 of the National Housing Act. They operate Annswood Apartments, a complex of 62 rental units, offering month-to-month leases. Their major program involves a Section 202 direct loan, regulated by the Department of Housing and Urban Development (HUD) in terms of rent charges and operating methods. As a non-profit owner of the project, they are not entitled to distributions of project funds under the regulatory agreement with HUD. In essence, the organization's purpose is to offer housing solutions for the elderly and handicapped.

Frank Ferguson is the Pres/Ceo of Monticello Ecumenical Retirement Center Inc. The CEO's salary of Monticello Ecumenical Retirement Center Inc is $0 and their total compensation is $0.

Monticello Ecumenical Retirement Center Inc's revenue in 2022 was $483,384.

The average compensation at Monticello Ecumenical Retirement Center Inc during 2022 was $20,125. There are 4 employees at Monticello Ecumenical Retirement Center Inc.

Here are 4 key members and their salaries (Monticello Ecumenical Retirement Center Inc's CEO's salary is $0 and their total compensation is $0):

The Monticello Ecumenical Retirement Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here