Marion Project III Inc.
Marion Project III Inc.
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About this organization
Revenue
$392,664
Expenses
$328,084
Mission
We provide affordable apartments with services for the elderly.
About
Marion Project III operates a 40 unit residential housing complex for very low income elderly in Marion, Iowa.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “To provide elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.”.
When outlining its functions, they were explained as: “We provide affordable apartments with services for the elderly.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as IA.
- As of 2020, the non-profit's form reports a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $64,580.
- The compensation of the CEO of the organization is not based on an independent review and approval process.
- The organization has a written policy that delegates the management duties.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 9 independent voting members.
- The organization was formed in 2006.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $51,413 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.