Organizations Filed Purposes:
THE ORGANIZATION IS ONE OF SALT LAKE CITY'S OLDEST NONPROFIT ORGANIZATIONS INVOLVED IN THE DEVELOPMENT, OWNERSHIP, AND MANAGEMENT OF AFFORDABLE HOUSING. THE MISSION OF THE ORGANIZATION IS TO SERVE THE COMMUNITY BY DEVELOPING, OWNING, AND MANAGING CLEAN, SAFE, AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME POPULATIONS.
MULTI-ETHNIC DEVELOPMENT CORPORATIONS (MEDC) BOARD AND OUTSIDE CONSULTANTS CONTINUED AND FINALIZED THE ORGANIZAITON'S DISSOLUTION DURING THE FISCAL YEAR. RIVERVIEW SENIOR HOUSING WAS WHOLLY OWNED BY MEDC AND WAS TRANSFERRED DURING THE DISSOLUTION PROCESS TO A UTAH NONPROFIT HOUSING CORPORATION (UNPHC). UNPHC HAS EXCEPTIONAL AFFORDABLE HOUSING KNOWLEDGE, A SIGNIFICANT FINANCIAL BALANCE SHEET, AND A REPUTATION THAT PROVIDES A COMPETITIVE ADVANTAGE OVER SMALLER AND LESS KNOWN ORGANIZATIONS. IN ADDITION, MEDC TRANSFERRED ITS REMAINING CASH BALANCE TO UNPHC. THIS WAS THE FINAL ASSET FOR THE DISSOLUTION. ALL EXPENSES HAVE BEEN PAID.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Troy Hart | INTERIM EXEC | 5 | $32,760 |
| Shawn Teigen | BOARD MEMBER | 0.25 | $0 |
| Nathan Johnson | BOARD MEMBER | 0.25 | $0 |
| Paula Carl | SECRETARY | 0.25 | $0 |
| Shellie Barrus | TREASURER | 0.25 | $0 |
| Marci Milligan | VICE PRESIDE | 3 | $0 |
| Paula Marsh | PRESIDENT | 0.25 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201623579349301207_public.xml