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Mallard Run Housing Development Corporation

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

EIN: 742691914 ✦ Taylor, TX ✦ Designated as a 501(c)(3)

Overview

What is Mallard Run Housing Development Corporation?

Mallard Run Housing Development Corporation is a nonprofit organization situated in Taylor, Texas. They operate a 40-unit apartment complex, providing affordable housing to 77 individuals, including families, the elderly, and those with disabilities. Their mission involves offering clean, safe, and affordable housing facilities and services tailored to meet the physical, social, and psychological needs of their residents. Beyond housing, the organization assists residents in obtaining various benefits, such as electricity assistance, Meals on Wheels, home health care, and other services that contribute to improving their quality of life. With a team of seven dedicated employees, Mallard Run Housing Development Corporation strives to make a positive impact on the community.


Is Mallard Run Housing Development Corporation legitimate?

Mallard Run Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mallard Run Housing Development Corporation 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: $119,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,647

For more financial information, click here


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

Mission Statement of Mallard Run Housing Development Corporation

Mallard Run Housing Development Corporation is committed to providing low to moderate income families, including the elderly and handicapped, with clean, safe, and affordable housing facilities and services. These resources are designed to meet the physical, social, and psychological needs of its residents. In addition to offering housing, the organization goes beyond to help its residents improve their quality of life. It assists them in obtaining various benefits, such as electricity assistance, Meals on Wheels, home health care, and other services. By providing these additional resources, Mallard Run Housing Development Corporation strives to enhance the well-being of its residents, ensuring they live in a supportive and nurturing environment.

Impact

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




Wednesday, July 24, 2024

Mallard Run Housing Development Corporation impacts the community by providing low to moderate income families, including the elderly and handicapped, with clean, safe, and affordable housing facilities and services designed to meet their physical, social, and psychological needs. Through its 40-unit apartment complex in Taylor, Texas, the organization offers affordable housing to 77 individuals, helping them improve their quality of life. Additionally, Mallard Run Housing Development Corporation assists residents in obtaining benefits such as electricity assistance, Meals on Wheels, home health care, and other services, further contributing 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: $39
  • Program Service Revenue: $635,271
  • Gross Receipts: $635,310

    • Assets and Liabilities:
  • Total Assets: $1,999,386
  • Total Liabilities: $64,892
  • Net Assets: $1,934,494
  • Programs

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

    AFFORDABLE HOUSING REV

    Revenue

    $383,850

    PAYROLL REIMBURSEMENT

    Revenue

    $239,893

    OTHER TENANT INCOME

    Revenue

    $11,528

    Organization Details

    Founding Year

    1994

    Principal Officer

    Deanne Torres

    Main Address

    1000 MALLARD LANE STE 203, TAYLOR, TX, 76574

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Mallard Run Housing Development Corporation 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.