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Greensboro United Methodist Housing Inc

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

EIN: 237396669 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

Overview

What is Greensboro United Methodist Housing Inc?

Greensboro United Methodist Housing Inc is a nonprofit organization situated in Greensboro, North Carolina. Their primary mission is to offer affordable housing options for senior citizens, encompassing a 78-unit apartment complex. The organization operates under Section 231 of the National Housing Act, regulated by the United States Department of Housing and Urban Development (HUD), setting the rental rates and operational guidelines. A substantial portion of the project's income is derived from HUD through a Housing Assistance Payments contract, ensuring affordable housing for its residents. Their commitment significantly contributes to the well-being of senior citizens in the Greensboro community.


Is Greensboro United Methodist Housing Inc legitimate?

Greensboro United Methodist Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greensboro United Methodist Housing 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 Greensboro United Methodist Housing Inc?
Who is the CEO of Greensboro United Methodist Housing Inc?
What is the revenue of Greensboro United Methodist Housing Inc?
Who are the executives of Greensboro United Methodist Housing Inc and what are their salaries?
Where can I find the form 990 for Greensboro United Methodist Housing Inc?

Mission Statement of Greensboro United Methodist Housing Inc

Greensboro United Methodist Housing Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for senior citizens. Their mission is centered around operating a 78-unit apartment complex, which caters specifically to the elderly population. This project is regulated by the United States Department of Housing and Urban Development (HUD), ensuring compliance with rental rates and operating methods. A significant portion of the rental income for this project is funded through a Housing Assistance Payments contract with HUD, furthering their commitment to affordable housing. By providing a secure living environment and necessary support, Greensboro United Methodist Housing Inc aims to enhance the quality of life for senior citizens, allowing them to age with dignity and security.

Impact

This information is meant to be a general summary of Greensboro United Methodist Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Greensboro United Methodist Housing Inc's impact can be seen in their dedicated efforts to provide affordable housing to senior citizens in Greensboro, North Carolina. Through their operation of a 78-unit apartment complex for the elderly in the city, they ensure that this vulnerable population has access to safe and comfortable living spaces. By adhering to regulations set by the United States Department of Housing and Urban Development (HUD) and maintaining a Housing Assistance Payments contract, Greensboro United Methodist Housing Inc plays a critical role in supporting the housing needs of senior citizens in the community. Their commitment to this mission translates into tangible benefits for seniors who may face challenges in securing affordable housing options.





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 2022.

  • Investment Income: $2,024
  • Program Service Revenue: $268,134
  • Gross Receipts: $676,125

    • Assets and Liabilities:
  • Total Assets: $3,149,432
  • Total Liabilities: $1,981,643
  • Net Assets: $1,167,789
  • Programs

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

    RENTAL INCOME

    Revenue

    $268,134

    Organization Details

    Founding Year

    1971

    Principal Officer

    Larry Proctor

    Main Address

    2608 MERRITT DRIVE, GREENSBORO, NC, 27407

    NTEE Category

    Code: L22Z - Housing

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