Simadon Corporation
Simadon Corporation
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About this organization
Revenue
$101,576
Expenses
$130,951
Mission
SIMADON CORPORATION (AN INDIANA NOT-FOR-PROFIT CORPORATION) (THE CORPORATION) WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 15 UNIT GROUP HOME FOR PERSONS DISABLED AS A RESULT OF A CHRONIC ILLNESS. RESIDENTS SUFFERING FROM SERIOUS MENTAL ILLNESS ARE PROVIDED PLACES TO LIVE WHICH OFFER A 24 HOUR SUPPORTIVE ENVIRONMENT. THE FACILITY PROVIDES SUPPORT, MEDICATION MONITORING, AND LIFE SKILLS ENHANCEMENT. LOCATED IN SOUTH BEND, INDIANA IT IS KNOWN AS RIVER COURT APARTMENTS AND OPERATES PURSUANT TO SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH HUD WHICH GOVERNS THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA) SECTION OF HUD. THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC CONTRACT) WITH HUD. THE PRAC CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW-INCOME FAMILIES (OR PERSONS) AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.
About
SIMADON CORPORATION (AN INDIANA NOT-FOR-PROFIT CORPORATION) (THE CORPORATION) WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 15 UNIT GROUP HOME FOR PERSONS DISABLED AS A RESULT OF A CHRONIC ILLNESS. RESIDENTS SUFFERING FROM SERIOUS MENTAL ILLNESS ARE PROVIDED PLACES TO LIVE WHICH OFFER A 24 HOUR SUPPORTIVE ENVIRONMENT. THE FACILITY PROVIDES SUPPORT, MEDICATION MONITORING, AND LIFE SKILLS ENHANCEMENT. LOCATED IN SOUTH BEND, INDIANA IT IS KNOWN AS RIVER COURT APARTMENTS AND OPERATES PURSUANT TO SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT, AS AMENDED. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH HUD WHICH GOVERNS THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION (FHA) SECTION OF HUD. THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC CONTRACT) WITH HUD. THE PRAC CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW-INCOME FAMILIES (OR PERSONS) AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.
Interesting data from their 2020 990 filing
The filing reveals the mission of the non-profit as “Simadon corporation (an indiana not-for-profit corporation) (the corporation) was organized to construct, own and operate a 15 unit group home for persons disabled as a result of a chronic illness. residents suffering from serious mental illness are provided places to live which offer a 24 hour supportive environment. the facility provides support, medication monitoring, and life skills enhancement. located in south bend, indiana it is known as river court apartments and operates pursuant to section 811 of the national affordable housing act, as amended. the corporation has executed a regulatory agreement with hud which governs the operation of the community with the federal housing administration (fha) section of hud. the corporation has also entered into a project rental assistance contract (prac contract) with hud. the prac contract is a rent assistance program for low-income families (or persons) as provided by the section 8 program of the national housing act.”.
When detailing its functions, they were listed as: “Simadon corporation (an indiana not-for-profit corporation) (the corporation) was organized to construct, own and operate a 15 unit group home for persons disabled as a result of a chronic illness. residents suffering from serious mental illness are provided places to live which offer a 24 hour supportive environment. the facility provides support, medication monitoring, and life skills enhancement. located in south bend, indiana it is known as river court apartments and operates pursuant to section 811 of the national affordable housing act, as amended. the corporation has executed a regulatory agreement with hud which governs the operation of the community with the federal housing administration (fha) section of hud. the corporation has also entered into a project rental assistance contract (prac contract) with hud. the prac contract is a rent assistance program for low-income families (or persons) as provided by the section 8 program of the national housing act.”.
- According to the law, the state where the non-profit operates has been reported as IN.
- The filing specifies that the non-profit's address in 2020 was PO BOX 809, GOSHEN, IN, 46527.
- As of 2020, the non-profit's form shows they have a total of 0 employees.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$29,375.
- The organization has 16 independent voting members.
- The organization was formed in 2007.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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