Maryvale Inc.

Fiscal year ending 2024. Filed on July 9, 2025.

711 Ohio Street
Terre Haute, Indiana 47807

Maryvale Inc. (EIN: 35-1431573) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Maryvale Inc., a 501(c)(3) charitable organization, reported compensation for 0 out of 0 total employees.

Revenue, expenses, and employee compensation

Revenue

$1,233,321

Expenses

$1,068,613

Employee compensation

Reported Compensated Employees

No compensated employees were reported for this year.

Non-Employee Board Members

Chris Switzer

Director

Dave Bonnett

Secretary and Treasurer

Sister Mary Beth Klingel

Vice President

Mission Statement

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.