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Capital Heights Place Ii Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205647621 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

Overview

What is Capital Heights Place Ii Inc?

Capital Heights Place II Inc is a nonprofit organization situated in Birmingham, Alabama, dedicated to addressing the housing needs of low-income individuals. They accomplish this mission by providing 50 one-bedroom apartments, funded through Section 202 of the National Housing Act, overseen by HUD. The organization's primary activity is to offer affordable housing, ensuring that residents have a secure place to live. This initiative not only benefits the residents but also contributes positively to the community as a whole.


Is Capital Heights Place Ii Inc legitimate?

Capital Heights Place Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Heights Place Ii Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Capital Heights Place Ii Inc?
Who is the CEO of Capital Heights Place Ii Inc?
What is the revenue of Capital Heights Place Ii Inc?
Who are the executives of Capital Heights Place Ii Inc and what are their salaries?
Where can I find the form 990 for Capital Heights Place Ii Inc?

Mission Statement of Capital Heights Place Ii Inc

Capital Heights Place II, a nonprofit organization, is committed to providing affordable housing for low-income individuals. In line with its mission, it offers 50 one-bedroom apartments, which are made possible through Section 202 of the National Housing Act, overseen by the U.S. Department of Housing and Urban Development (HUD). By offering these affordable housing units, Capital Heights Place II aims to contribute to the well-being of the community by providing a shelter for those who need it most. The organization's mission is to make a difference in people's lives by ensuring they have a place to call home, regardless of their financial circumstances.

Impact

This information is meant to be a general summary of Capital Heights Place Ii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Capital Heights Place II Inc's impact is evident through its provision of 50 one-bedroom apartments for low-income residents in Birmingham, AL. By leveraging Section 202 of the National Housing Act overseen by HUD, the organization fulfills its mission of offering affordable housing to those in need. This initiative directly contributes to addressing the housing challenges faced by low-income individuals and families in the community, ultimately improving their quality of life and providing a stable living environment.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $76
  • Program Service Revenue: $503,941
  • Gross Receipts: $504,017

    • Assets and Liabilities:
  • Total Assets: $3,547,697
  • Total Liabilities: $5,415,984
  • Net Assets: -$1,868,287
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $173,311

    LAUNDRY & VENDING

    Revenue

    $1,939

    TENANT CHARGES

    Revenue

    $879

    MISC REVENUE

    Revenue

    $182

    Organization Details

    Founding Year

    2009

    Principal Officer

    Eric H Lipp

    Main Address

    3010 3RD AVE SOUTH, BIRMINGHAM, AL, 35233

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Capital Heights Place Ii Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.