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Low Income Housing Development Corp Of Terre Haute

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

EIN: 270975339 ✦ Terre haute, IN ✦ Designated as a 501(c)(3)

Overview

What is Low Income Housing Development Corp Of Terre Haute?

Low Income Housing Development Corp of Terre Haute is a nonprofit organization situated in Terre Haute, Indiana, with a mission to serve the community by offering safe and affordable housing options for families and individuals with low income. The organization operates under charitable and educational purposes, as stated in its internal revenue code, and also extends support to other eligible 501(c)3 organizations. Its primary focus is on providing housing, aiming to enhance the living conditions of those in need.


Official website here: www.terrehautehousing.org

Is Low Income Housing Development Corp Of Terre Haute legitimate?

Low Income Housing Development Corp Of Terre Haute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Low Income Housing Development Corp Of Terre Haute 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: $139,570

For more financial information, click here


Official website here: www.terrehautehousing.org

What is the mission statement of Low Income Housing Development Corp Of Terre Haute?

The Low Income Housing Development Corp, as a charitable and educational organization, is dedicated to providing and developing safe and affordable housing for families and individuals of lower income. Its mission extends beyond Terre Haute, as it also makes distributions to other eligible organizations under section 501(c)3 of the Internal Revenue Code. The primary goal is to enhance access to housing for those in need, contributing to their overall well-being.


Official website here: www.terrehautehousing.org

Who is the CEO of Low Income Housing Development Corp Of Terre Haute?

Jeff Stewart is the Board Member of Low Income Housing Development Corp Of Terre Haute.


Official website here: www.terrehautehousing.org

What is the revenue of Low Income Housing Development Corp Of Terre Haute?

Low Income Housing Development Corp Of Terre Haute's revenue in 2022 was $871,795.


Official website here: www.terrehautehousing.org

Who are the executives of Low Income Housing Development Corp Of Terre Haute and what are their salaries?

Here are 9 key members and their salaries:

    Jeffrey Stewart (Executive Director)
  • Compensation: $0
  • Related: $189,827
  • Other: $0

    • Maria Lake (Director Of Finance/Treasu)
  • Compensation: $0
  • Related: $90,823
  • Other: $0

    • John Wolf (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $1,125
  • Other: $0

    • Patricia Parker-Zaikovsky (President) [Trustee/Director]
  • Compensation: $0
  • Related: $1,125
  • Other: $0

    • James Counterman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $875
  • Other: $0

    • Michael Waugh (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $750
  • Other: $0

    • J Glenn Purnell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $750
  • Other: $0

    • Marshall Rector (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $625
  • Other: $0

    • Teresa Prince (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $500
  • Other: $0


  • Official website here: www.terrehautehousing.org

    Where can I find the form 990 for Low Income Housing Development Corp Of Terre Haute?

    The Low Income Housing Development Corp Of Terre Haute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.terrehautehousing.org

    Learn more at the official website: www.terrehautehousing.org

    Mission Statement of Low Income Housing Development Corp Of Terre Haute

    Low Income Housing Development Corp of Terre Haute, as a charitable organization, is dedicated to serving a noble purpose. Its mission is primarily focused on providing and enhancing safe and affordable housing options for families and individuals of modest income residing in Terre Haute, Indiana. In addition to this, the corporation also extends its support to other charitable organizations that meet the criteria set by the Internal Revenue Code section 501(c)3. The organization's primary goal is to contribute to the betterment of the community by improving housing conditions and providing resources to those in need.

    Impact

    This information is meant to be a general summary of Low Income Housing Development Corp Of Terre Haute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Low Income Housing Development Corp Of Terre Haute's impact lies in providing safe and affordable housing for low-income families and individuals in Terre Haute, Indiana. Through its charitable and educational endeavors, the organization plays a significant role in addressing the housing needs of the community. Additionally, by making distributions to other exempt organizations that qualify under section 501(c)3 of the internal revenue code, the organization contributes to a network of initiatives aimed at supporting those in need of housing assistance.





    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: $47,973
  • Program Service Revenue: $337,818
  • Gross Receipts: $871,795

    • Assets and Liabilities:
  • Total Assets: $10,761,853
  • Total Liabilities: $2,205,701
  • Net Assets: $8,556,152
  • Programs

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

    RENTAL INCOME

    Revenue

    $325,645

    OTHER TENANT CHARGES

    Revenue

    $12,173

    Organization Details

    Founding Year

    2009

    Principal Officer

    Jeff Stewart

    Main Address

    2001 N 19TH STREET, TERRE HAUTE, IN, 47804

    NTEE Category

    Code: L99 - Housing

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