Cedar Place Inc.
Cedar Place Inc.
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About this organization
Mission
To provide affordable housing to the elderly and disabled persons.
About
Cedar Place, Inc. is an Iowa not-for-profit corporation that was organized to construct, own and operate a 50 unit apartment community known as Cedar Place located in Story City, Iowa. The community was originally financed with a direct loan provided by the Department of Housing and Urban Development under Section 202 of the National Housing Act, as amended. In April 2008, the corporation refinanced its original HUD loan with assisted living facility revenue bonds issued by Story City, Iowa.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “To provide affordable housing to the elderly and disabled persons.”.
When discussing its operations, they were characterized as: “To provide affordable housing to the elderly and disabled persons.”.
- The non-profit's legally reported state of operation is IA.
- The filing states that the non-profit's address in the year 2020 is 212 LAFAYETTE AVE, STORY CITY, IA, 502481454.
- The form submitted by the non-profit for 2020 shows a total of 0 employees.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$65,524.
- The organization has 9 independent voting members.
- The organization was formed in 1981.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.