Daffy

Elders Lodge Corporation

Elders Lodge Corporation

St. Paul, MN 55106
Tax ID41-1802237

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$448,134

Expenses

$498,635

Mission

Provide subsidized apartment housing to low income seniors.

About

Elders Lodge Corporation (the organization) is a non-profit corporation, which operates a 43-unit apartment complex under Section 202 of the National Housing Act. The complex, which is located in Saint Paul, Minnesota, began rental operations in April 1997. This organization is regulated by the U.S. Department of Housing and Urban Development (HUD) as to rent charges and operating methods and participates in the HUD rent supplement program. The organization's major program is its Section 202 capital advance. The organization is subject to project rental assistance contract agreements with HUD, and a significant portion of the organization's rental income is received from HUD. Project rental assistance contract MN46-S941-001 expires November 30, 2020. HUD has agreed to pay the difference between the contract rent, as defined in the agreement, and that portion of rent payable by qualified tenants. The organization's non-major program is its project rental assistance, however, for federal awards compliance purposes this program is included as a major program.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “To provide elderly or disabled persons with housing facilities and services specifically designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness and usefulness in longer living.”.

When explaining its duties, they were described as: “Provide subsidized apartment housing to low income seniors.”.

  • The state in which the non-profit is authorized to operate legally is MN.
  • According to the filing, the address of the non-profit for the year 2020 is 1500 MAGNOLIA AVENUE, ST PAUL, MN, 55106.
  • The non-profit has reported 0 employees on their form for the year 2020.
  • 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 -$50,501.
  • The organization has 8 independent voting members.
  • The organization was formed in 1995.
  • The organization pays $152,536 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.