MARYVALE INC
Data sourced from IRS 990 public filings
MARYVALE INC MARYVALE, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 148 UNIT APARTMENT PROJECT FOR THE ELDERLY, HANDICAPPED AND LOW INCOME PERSONS LOCATED IN ST MARY OF THE WOODS, INDIANA. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 OF THE NATIONAL HOUSING ACT.
Annual Revenue
$1,233,321
Known Funders
1
Grants Received
1
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1,233,321 | $1,068,613 | $2,377,624 |
| 2023 | $1,150,207 | $988,008 | $2,266,485 |
| 2022 | $1,079,623 | $948,800 | $1,869,627 |
| 2021 | $1,126,128 | $994,062 | $1,849,106 |
| 2020 | $1,073,260 | $1,015,730 | $1,863,690 |
| 2019 | $1,073,679 | $1,008,793 | $1,809,240 |
| 2018 | $1,052,841 | $963,909 | $1,830,779 |
| 2017 | $1,007,720 | $930,050 | $1,776,858 |
Top Funders
Terre Haute, IN
Key Personnel
From 2024 IRS 990 filing
JAN HARMENING
PRESIDENT
SISTER MARY BETH KLINGEL
VICE PRESIDENT
DAVE BONNETT
SECRETARY/TREASURER
JUDITH ANDERSON
DIRECTOR
JAMES CALLAHAN
DIRECTOR
MICHAEL DAVID KITE
DIRECTOR
KATHLEEN MILLER
DIRECTOR
CHRIS SWITZER
DIRECTOR
LISA WEBSTER
DIRECTOR
MELISSA RAFTER
FORMER DIRECTOR
Frequently Asked Questions
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