Mccormick County Housing For Aginginc

Mccormick County Housing For Aginginc is a South Carolina-based, tax-exempt organization, established on April 1, 1974, under Section 501(C)(3) of the Internal Revenue Code. The primary purpose of this nonprofit corporation is to construct, own, and operate apartment communities in accordance with Sections 515(B) and 521(A) of the National Housing Act. Currently, they operate three complexes: Cherry Valley (24 units), Cherry Manor (20 units), and Westowne (40 units), all located in McCormick, South Carolina. Financial assistance in the form of mortgage loans is provided by the Rural Development, Department of Agriculture, and the organization has entered into Housing Assistance Payment Contracts (HAP) with the Department of Housing and Urban Development. In essence, Mccormick County Housing For Aginginc is committed to providing affordable housing solutions for the elderly population in McCormick County.

Mccormick County Housing For Aginginc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mccormick County Housing For Aginginc 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

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Mccormick County Housing For Aginginc, a South Carolina-based non-profit organization, was established in 1974 with a tax-exempt status under Section 501(C)(3) of the Internal Revenue Code. Its primary mission is to construct, own, and operate apartment communities in compliance with Sections 515(B) and 521(A) of the National Housing Act. The organization's objectives include managing Cherry Valley (24 units), Cherry Manor (20 units), and Westowne (40 units), all situated in McCormick, South Carolina. It obtains mortgage loans from the Rural Development Department of Agriculture under the same Act sections. Furthermore, Mccormick County Housing For Aginginc has entered into Housing Assistance Payment Contracts (HAP) with the Department of Housing and Urban Development to support its operations.

Oscar New is the President of Mccormick County Housing For Aginginc.

Mccormick County Housing For Aginginc's revenue in 2022 was $804,445.

The Mccormick County Housing For Aginginc’s most recent form 990 was submitted in 2022 and can be accessed here