Public Charity

MOLINE MINISTRIES 1 INC

MOLINE MINISTRIES 1 INC, of DENVER, CO, is a Public Charity tracked in Imperigo's IRS 990 database. The 2022 filing shows $765K in revenue, $328K in expenses. 1 publicly reported grants to this organization, totaling roughly $1.5M, appear in IRS filings.

EIN: 475216971 DENVER, CO Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2022

Total Revenue$765K

Total Expenses$328K

Grant Records1

Funding Total$1.5M

Filing Years2017–2022

Mission

MOLINE MINISTRIES 1, INC. WAS ORGANIZED ON SEPTEMBER 25, 2015, AS AN ILLINOIS NON-STOCK, NONPROFIT ORGANIZATION FOR THE PURPOSE OF ACQUIRING AND OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 221(D)(4) PURSUANT TO SECTION 223(A)(7) OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE PROJECT CONSISTS OF 78 UNITS LOCATED IN MOLINE, ILLINOIS AND IS CURRENTLY OPERATING UNDER THE NAME HIGHLAND MANOR.THE UNDERLYING PROPERTY WAS SOLD IN DECEMBER OF 2021, AND THE ORGANIZATION IS IN THE PROCESS OF WINDING DOWN ITS OPERATIONS.

Sample Grants Received

FRANCISCAN MINISTRIES INC

TO HELP ACQUIRE PROPERTY FOR LOW INCOME HOUSING

$1,493,549

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

VICE PRESIDENT/DIRECTOR Bruce Saab

TREASURER Chad Payne

VICE PRESIDENT Fatmah Farraj

SECRETARY/DIRECTOR Joe Rosenblum

VICE PRESIDENT/DIRECTOR Kassidi Boening

VICE PRESIDENT Mark Angelini

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO HELP ACQUIRE PROPERTY FOR LOW INCOME HOUSING

$1,493,549 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2022	$765K	$328K	—
2020	$721K	$716K	$3.9M
2019	$720K	$749K	$4.1M
2018	$699K	$773K	$4.2M
2017	$2.7M	$582K	$4.4M

Between 2017 and 2022, reported annual revenue declined from $2.7M to $765K (-72%).

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MOLINE MINISTRIES 1 INC

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports