EIN 23-7112700

Moulton Development Corporation

IRS 501(c) type
501(c)(4)
Num. employees
Unknown
City
Algona
State
Year formed
1971
Most recent tax filings
2023-12-01
Description
Moulton Development Corporation offers low rent housing to the elderly, disabled, and families in Moulton, Iowa. The organization operates by providing affordable housing where the rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. Thanks to this approach, Moulton Development Corporation has been able to offer safe and affordable living options for 28 families.
Total revenues
$173,957
2023
Total expenses
$182,881
2023
Total assets
$182,576
2023
Num. employees
n/a

Who funds Moulton Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Chariton Valley Regional Housing Trust FundHousing Repair Assistance$9,423

Personnel at Moulton Development Corporation

NameTitleCompensation
Randy WelchBoard President$0

Financials for Moulton Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$170,252
Membership dues$0
Investment income and dividends$133
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$3,572
Total revenues$173,957

Form 990s for Moulton Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-30990EZView PDF
2022-122023-06-20990EZView PDF
2021-122022-05-13990EZView PDF
2020-122021-08-13990EZView PDF
2019-122021-10-29990EOView PDF
...and 3 more Form 990s

Organizations like Moulton Development Corporation

OrganizationLocationRevenue
Spencer Development CorporationSpencer, SD$68,365
Osgood Community HomesOsgood, IN$104,784
Endless Mountains CDCMontrose, PA$72,097
Chrisney Community ApartmentsChrisney, IN$128,386
Lakeview Court ApartmentsLa Crosse, WI$111,121
Abc B Company Realty CompanyAlgona, IA$129,855
GlenviewMontpelier, OH$108,959
Bedford Community Housing AssociationBedford, IA$149,195
Marian Housing of GilbertvilleIndependence, IA$54,559
Parkersburg Housing Development CorporationAlgona, IA$45,008
Data update history
August 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
July 29, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990EZ for fiscal year 2020
June 27, 2023
Updated personnel
Identified 1 new personnel
May 7, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Housing and shelter organizationsRetirement homes
Issues
Human servicesCommunity improvementHousing
Characteristics
Partially liquidatedState / local levelNo full-time employees
General information
Address
PO Box 476
Algona, IA 50511
County
Kossuth County, IA
Phone
(515) 295-2927
IRS details
EIN
23-7112700
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
1971
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
L22: Senior Citizens Housing, Retirement Communities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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