AI Summary
LARUE DEVELOPMENT CORPORATION is a nonprofit organization dedicated to community improvement by providing affordable housing for medium and low-income senior citizens. With an operating budget of $124.2K and total revenue of $141.2K for the 2024 filing year, the organization offers 36 one and two-bedroom apartments at monthly rents of approximately $300 and $350, respectively, which include essential utilities. The apartment complex features laundry facilities and a social hall for recreational activities, ensuring a supportive living environment for its tenants.
Mission Statement
Provide 36 one and two bedroom apartments to medium and low income senior citizens. Monthly rents are approx $300 for one bedroom and $350 for two bedroom apartments, which include water and sewer. The apartment complex includes laudry facilities and a social hall for tenants recreational activities.
Cause Areas
1
Community improvement
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is LARUE DEVELOPMENT CORPORATION’s budget?
In 2024, LARUE DEVELOPMENT CORPORATION reported an annual operating budget of around $124 thousand. More detailed financial information is available to registered users.
What causes does LARUE DEVELOPMENT CORPORATION support?
LARUE DEVELOPMENT CORPORATION supports work in Community improvement.
Where does LARUE DEVELOPMENT CORPORATION operate?
LARUE DEVELOPMENT CORPORATION is headquartered in LARUE, OH.