Public Charity

MOLINE MINISTRIES 2 INC

MOLINE MINISTRIES 2 INC, of DENVER, CO, is a Public Charity tracked in Imperigo's IRS 990 database. The 2022 filing shows $1.1M in revenue, $184K in expenses. 4 publicly reported grants to this organization, totaling roughly $901K, appear in IRS filings.

EIN: 475217175 DENVER, CO Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2022
Total Revenue$1.1M
Total Expenses$184K
Grant Records4
Funding Total$901K
Filing Years2017–2022

Mission

MOLINE MINISTRIES 2, INC. (MM2I) WAS FORMED ON SEPTEMBER 25, 2015 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF ILLINOIS, FOR THE PURPOSE OF ESTABLISHING, OWNING, AND MAINTAINING AFFORDABLE LOW-INCOME HOUSING AND RELATED HOUSING PROGRAMS FOR THE AGING AND INDIGENT, UNDER THE GUIDELINES OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.THE UNDERLYING PROPERTY WAS SOLD IN DECEMBER OF 2021, AND THE ORGANIZATION IS IN THE PROCESS OF WINDING DOWN ITS OPERATIONS.

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
$702,393 1 grant
LOW-INCOME HOUSING
$182,926 2 grants
DOOR REPLACEMENTS, SECURITY CAMERAS & ELEVATOR REPAIRS
$15,468 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $1.1M $184K
2020 $294K $312K $1.3M
2019 $296K $311K $1.3M
2018 $394K $345K $1.4M
2017 $969K $285K $1.4M

Between 2017 and 2022, reported annual revenue grew from $969K to $1.1M (+10%).

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

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