Overview
What is Southern Tier Housing Corporation?
The Southern Tier Housing Corporation (STHC), with a postal address in London, Kentucky, is a nonprofit organization dedicated to assisting families in acquiring high-quality, energy-efficient homes. By offering financing options, helping families select land and home plans, and either building homes as the general contractor or utilizing a mutual self-help method, STHC empowers households to construct their own homes. Additionally, STHC provides project management expertise to other organizations in need of assistance with housing initiatives in their communities, contributing to the betterment of nine impoverished Kentucky counties. With a workforce of five individuals, STHC's mission is to enhance living conditions in Cumberland, Clinton, Wayne, McCreary, Whitley, Bell, Laurel, Rockcastle, Pulaski, and adjacent regions.
Is Southern Tier Housing Corporation legitimate?
Southern Tier Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Tier Housing Corporation 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: $174,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,063
For more financial information, click here
What is the mission statement of Southern Tier Housing Corporation?
Southern Tier Housing Corporation's mission is centered around providing families in economically disadvantaged areas with the opportunity to construct and own energy-efficient homes. Specifically, they focus on nine counties in Kentucky, including Cumberland, Clinton, Wayne, McCreary, Whitley, Bell, Laurel, Rockcastle, Pulaski, and adjacent regions. The corporation assists eligible families in securing financing, selecting appropriate land for home construction, and choosing a suitable house plan. They construct the homes either acting as the general contractor for a Turn Key job or through a mutual self-help method, which involves collaborating with multiple families to build their homes cooperatively. Additionally, Southern Tier Housing Corporation offers project management expertise to other organizations in need of such skills to execute housing initiatives in their communities.
Who is the CEO of Southern Tier Housing Corporation?
Gordon Kidd is the President of Southern Tier Housing Corporation.
What is the revenue of Southern Tier Housing Corporation?
Southern Tier Housing Corporation's revenue in 2023 was $2,606,678.
Who are the executives of Southern Tier Housing Corporation and what are their salaries?
The average compensation at Southern Tier Housing Corporation during 2023 was $39,812. There are 5 employees at Southern Tier Housing Corporation.
Here are 11 key members and their salaries:
- Gordon Kidd (President)
- Darrell Kinnett (V.P./Secreta)
- Richard Foley (Chairman)
- Bill Singleton (Director)
- Donnie Profit (Director)
- John Phelps (Director)
- Patsy Perdue (Director)
- John Summers (Director)
- Tamara Cox (Director)
- Judy Redden (Director)
- Leah Norvell (Director)
Where can I find the form 990 for Southern Tier Housing Corporation?
The Southern Tier Housing Corporation’s most recent form 990 was submitted in 2023 and can be accessed here
Mission Statement of Southern Tier Housing Corporation
Southern Tier Housing Corporation (STHC) is dedicated to providing families in impoverished Kentucky counties with the opportunity to build and own energy-efficient homes. This nonprofit organization's mission is to offer high-quality housing options to households, working closely with them to secure financing, select suitable land for construction, and choose a house plan. STHC takes on the role of a general contractor for some projects, while for others, it facilitates a mutual self-help method that brings together several families to collaboratively build their homes. Additionally, STHC provides project management expertise to other organizations in need of such skills to execute housing initiatives in their communities.
Impact
This information is meant to be a general summary of Southern Tier Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Southern Tier Housing Corporation's impact is profound as it provides families in impoverished Kentucky counties the opportunity to build and own energy-efficient homes. By offering high-quality housing opportunities, STHC empowers households to qualify for financing, select suitable land, and choose house plans. Through both general contracting and mutual self-help methods, which involve collaborative home building by groups of households, STHC facilitates the construction of these homes. Additionally, STHC shares its project management expertise with other organizations to support housing initiatives in various communities. Through these efforts, STHC significantly contributes to addressing housing challenges and promoting sustainable living environments in the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALE AND REHAB REVENUE
Revenue
$2,089,340
Organization Details
Founding Year
2007
Phone
(606) 864-5175
Principal Officer
Gordon Kidd
Main Address
PO BOX 1738, LONDON, KY, 407431738
NTEE Category
Code: L20 - Housing
If you are a representative of Southern Tier Housing Corporation 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.