Teamster Retiree Housing Of Minneapolis Incorporated

Organization Overview

Teamster Retiree Housing Of Minneapolis Incorporated is located in Lyndhurst, OH. The organization was established in 1988. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2024, Teamster Retiree Housing Of Minneapolis Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamster Retiree Housing Of Minneapolis Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2024, Teamster Retiree Housing Of Minneapolis Incorporated generated $521.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $474.9k during the year ending 06/2024. While expenses have increased by 1.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO CONSTRUCT AND OPERATE RENTAL HOUSING FOR CERTAIN QUALIFIED HANDICAPPED CITIZENS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED LOW INCOME HOUSING FOR ELDERLY AND DISABLED RESIDENTS - 24 UNITS


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Board, Officers & Key Employees

Name (title)Compensation
John Joyce
President
$0
Nicole Joyce
Treasurer
$0
John Joyce Jr
VP
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $406,886
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$406,886
Total Program Service Revenue$114,352
Investment income $343
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $521,581

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