Marygrove Nonprofit Housing Corporation II
Marygrove Nonprofit Housing Corporation II
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About this organization
Revenue
$563,761
Expenses
$709,339
Mission
Low income housing for elderly and handicapped individuals
About
Marygrove non-profit housing corporation II ('Marygrove') owns, operates and manages an 80-unit multi-family apartment complex for low-income elderly and handicapped individuals located in Detroit, Michigan under section 202 of the national housing act. Marygrove receives rent supplements from the federal government under section 202 of the national housing act and is regulated by the U.S. department of housing and urban development with respect to rental charges and operating methods. Marygrove's major program is its section 202 capital advance.
Interesting data from their 2019 990 filing
The non-profit's aim, as stated in the filing, is “Low income housing for elderly and handicapped individuals”.
When referring to its actions, they were outlined as: “Low income housing for elderly and handicapped individuals”.
- The non-profit has complied with legal obligations by reporting their state of operation as MI.
- The non-profit's address in 2019 is noted in the filing as PO BOX 9184, FARMINGTON HILLS, MI, 483339184.
- The non-profit's form for 2019 reports a total of 0 employees.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$145,578.
- The organization has 9 independent voting members.
- The organization was formed in 1992.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.