Perry County Sr Citizens Housing Inc

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

EIN: 311020167 ✦ New lexington, OH ✦ Designated as a 501(c)(3)

Overview

What is Perry County Sr Citizens Housing Inc?

Perry County Sr Citizens Housing Inc is a nonprofit organization situated in New Lexington, Ohio. The organization specializes in providing affordable housing for the elderly, operating a 50-unit apartment complex under Section 202 of the National Housing Act. They receive rental subsidies from the U.S. Department of Housing and Urban Development (HUD). The land for this complex is leased from the local board of commissioners. With a small team of 2 dedicated individuals, this organization plays a significant role in ensuring elderly residents have access to comfortable and subsidized housing.


Is Perry County Sr Citizens Housing Inc legitimate?

Perry County Sr Citizens Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perry County Sr Citizens 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: $86,028

For more financial information, click here


What is the mission statement of Perry County Sr Citizens Housing Inc?
Who is the CEO of Perry County Sr Citizens Housing Inc?
What is the revenue of Perry County Sr Citizens Housing Inc?
Who are the executives of Perry County Sr Citizens Housing Inc and what are their salaries?
Where can I find the form 990 for Perry County Sr Citizens Housing Inc?

Mission Statement of Perry County Sr Citizens Housing Inc

Perry County Sr Citizens Housing Inc, a nonprofit organization, is dedicated to providing housing solutions for the elderly. It achieves this mission by owning an apartment complex, which comprises 50 subsidized units. This complex operates under Section 202 of the National Housing Act. The organization receives rental supplements from the Department of Housing and Urban Development (HUD). Furthermore, the land on which the apartment complex is built is leased from the local board of commissioners. In essence, Perry County Sr Citizens Housing Inc plays a crucial role in offering affordable housing options for the elderly, thereby contributing to their overall well-being and quality of life.

Impact

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




Wednesday, July 24, 2024

Perry County Sr Citizens Housing Inc's impact is significant in providing affordable housing options for the elderly in New Lexington, Ohio. Through its ownership of a 50-unit apartment complex under Section 202 of the National Housing Act, the organization offers subsidized units to seniors in need. This enables older residents to access safe and affordable housing, contributing to their overall well-being and quality of life. Additionally, by receiving rent supplements from HUD and leasing land from the local board of commissioners, Perry County Sr Citizens Housing Inc plays a vital role in supporting the housing needs of the elderly population in the community.





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: $406
  • Program Service Revenue: $490,409
  • Gross Receipts: $490,815

    • Assets and Liabilities:
  • Total Assets: $890,536
  • Total Liabilities: $1,578,852
  • Net Assets: -$688,316
  • Programs

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

    Rent Subsidy-HUD

    Revenue

    $249,440

    Tenant Rent

    Revenue

    $240,969

    Organization Details

    Founding Year

    1983

    Principal Officer

    William Moorhead

    Main Address

    520 First St PO Box 605, New Lexington, OH, 43764

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Perry County Sr Citizens Housing Inc 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.