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First 202 Housing Corporation - Xenia Site

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

EIN: 311070857 ✦ Xenia, OH ✦ Designated as a 501(c)(3)

Overview

What is First 202 Housing Corporation - Xenia Site?

First 202 Housing Corporation - Xenia Site is a nonprofit organization based in Xenia, Ohio, specifically at 270 Mount Vernon Drive. Their primary mission is to offer affordable and safe housing options for the elderly and disabled, addressing a significant need within the community. The organization operates under Section 202 of the Housing Act of 1959, ensuring that their housing project adheres to fair housing practices. The apartment complex they manage, located in Xenia, provides 65 units for qualified individuals, utilizing a HUD-approved affirmative fair housing marketing plan. The project's purpose is to provide affordable housing for the elderly and disabled, thereby enhancing the livelihoods of those in need.


Is First 202 Housing Corporation - Xenia Site legitimate?

First 202 Housing Corporation - Xenia Site is a legitimate nonprofit organization registered as a 501(c)(3) entity. First 202 Housing Corporation - Xenia Site 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 First 202 Housing Corporation - Xenia Site?
Who is the CEO of First 202 Housing Corporation - Xenia Site?
What is the revenue of First 202 Housing Corporation - Xenia Site?
Who are the executives of First 202 Housing Corporation - Xenia Site and what are their salaries?
Where can I find the form 990 for First 202 Housing Corporation - Xenia Site?

Mission Statement of First 202 Housing Corporation - Xenia Site

First 202 Housing Corporation, with a focus on Xenia, is dedicated to providing affordable housing options for the elderly and disabled community. Under Section 202 of the Housing Act of 1959, this nonprofit organization establishes its mission to cater to this specific group of people, ensuring they have safe and affordable living spaces. The apartment complex the corporation manages in Xenia houses 65 units, open for rental to qualified individuals, implementing a HUD-approved affirmative fair housing marketing plan. This plan ensures equal housing opportunities, ensuring no one is excluded based on their age, disability, or other protected characteristics.

Impact

This information is meant to be a general summary of First 202 Housing Corporation - Xenia Site. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

First 202 Housing Corporation - Xenia Site has made a significant impact by providing affordable and safe low-income housing options for the elderly and disabled individuals in Xenia, Ohio. With 65 units available for rent to qualified individuals, this project has helped address the housing needs of a vulnerable population. By offering housing under Section 202 of the Housing Act of 1959, this initiative aligns with the mission of providing affordable low-income housing to those in need. It has not only improved the quality of life for its residents but also contributed to the overall well-being of the community by ensuring access to suitable 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: $700
  • Program Service Revenue: $201,157
  • Gross Receipts: $654,551

    • Assets and Liabilities:
  • Total Assets: $2,081,791
  • Total Liabilities: $2,239,899
  • Net Assets: -$158,108
  • Programs

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

    ELDERLY APTS RENTS, NE

    Revenue

    $201,157

    Organization Details

    Founding Year

    1983

    Principal Officer

    Carolyn Wright

    Main Address

    270 MOUNT VERNON DRIVE, XENIA, OH, 45385

    NTEE Category

    Code: L21 - Housing

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