Wmch Development Corporation

Organization Overview

Wmch Development Corporation is located in Phoenix, AZ. The organization was established in 1985. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wmch Development Corporation 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 12/2021, Wmch Development Corporation generated $332.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $301.9k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING AND SUPPORT SERVICES FOR ELDERLY AND HANDICAPPED PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS ORGANIZATION PROVIDED HOUSING TO ELDERLY AND PERSONS WITH DISABILITIES THROUGH THE OPERATION OF A 32-UNIT MULTIFAMILY HOUSING COMPLEX IN SPRINGERVILLE, ARIZONA. IN 2021, THIS ORGANIZATION PROVIDED DECENT, SAFE, SANITARY AND AFFORDABLE HOUSING TO 38 RESIDENTS: 13% BETWEEN THE AGES 18-61 (NON-ELDERLY PEOPLE WITH DISABILITIES), 71% BETWEEN THE AGES 62-81, 11% BETWEEN THE AGES 82-93 AND 5% AGE 94+.IN 2021, THIS COMMUNITY WAS STILL IMPACTED BY THE COVID-19 PANDEMIC AND HAD LIMITED SOCIAL ACTIVITIES AND COMMUNITY EVENTS. THE SPRINGERVILLE/EAGER CHAMBER OF COMMERCE PROVIDED SEVERAL ONSITE HOLIDAY CELEBRATIONS FOR THE RESIDENTS. ST MARY'S FOOD BANK DELIVERED FOOD BOXES TO RESIDENTS EACH MONTH AND RESIDENTS RECEIVED COMMODITIES EVERY TUESDAY. MANY OF THE RESIDENTS RECEIVED SERVICES AND(CONT'D ON SCH O) CASE MANAGEMENT THROUGH NACOG (NORTHERN ARIZONA COUNCIL OF GOVERNMENTS) AND THE ROUND VALLEY SENIOR CENTER. RESIDENTS ALSO RESUMED ACTIVITIES, SUCH AS BINGO, AT THE SENIOR CENTER.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Nedrow
President
$0
Richard Ayres
Vice President
$0
Travis Udall
Secretary(thru August)
$0
John Fredericksen
Treasurer
$0
Tim Rasmussen
Director/secretary
$0
Carla Rotering MD
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$327,706
Investment income $11
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,730
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $332,447

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