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Southern Tier Housing Corporation

Highlands Housing Corporation

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

EIN: 262058861 ✦ London, KY ✦ Designated as a 501(c)(3)

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?
Who is the CEO of Southern Tier Housing Corporation?
What is the revenue of Southern Tier Housing Corporation?
Who are the executives of Southern Tier Housing Corporation and what are their salaries?
Where can I find the form 990 for Southern Tier Housing Corporation?

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.

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: $0
  • Program Service Revenue: $2,089,340
  • Gross Receipts: $2,606,678

    • Assets and Liabilities:
  • Total Assets: $2,340,695
  • Total Liabilities: $1,755,592
  • Net Assets: $585,103
  • 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

    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.