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Southeastern Housing And Community Development

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

EIN: 311480295 ✦ Barnwell, SC ✦ Designated as a 501(c)(3)

Overview

What is Southeastern Housing And Community Development?

Southeastern Housing and Community Development is a nonprofit organization situated in Barnwell, South Carolina. With a focus on assisting low and moderate-income families, they adhere to guidelines set by the U.S. Department of Housing and Urban Development (HUD). Their primary mission involves providing rental housing by owning and managing apartment complexes and single-family homes across the southeastern region of South Carolina. Their goal is to ensure affordable housing options for this income group, contributing positively to their local community. The organization is staffed by a team of nine dedicated individuals.


Is Southeastern Housing And Community Development legitimate?

Southeastern Housing And Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeastern Housing And Community Development 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 Southeastern Housing And Community Development?
Who is the CEO of Southeastern Housing And Community Development?
What is the revenue of Southeastern Housing And Community Development?
Who are the executives of Southeastern Housing And Community Development and what are their salaries?
Where can I find the form 990 for Southeastern Housing And Community Development?

Mission Statement of Southeastern Housing And Community Development

Southeastern Housing and Community Development, as a nonprofit organization, is committed to providing rental housing solutions for families with low and moderate income levels. Under its mission, the organization owns and manages apartment complexes and single-family homes situated in the southeastern section of South Carolina. By doing so, it aims to make housing more accessible for those who may otherwise struggle with affordability. The organization adheres to HUD guidelines, ensuring that the housing it provides meets suitable standards for its tenants. In essence, Southeastern Housing and Community Development plays a crucial role in making housing more accessible and affordable for a significant portion of the population.

Impact

This information is meant to be a general summary of Southeastern Housing And Community Development. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Southeastern Housing And Community Development's impact is significant in providing rental housing to low and moderate-income tenants in the southeastern section of South Carolina. By owning and operating apartment complexes and single-family homes, this organization plays a crucial role in offering affordable housing options that meet HUD guidelines. Their efforts directly benefit low and moderate-income families in Barnwell, SC, by ensuring they have access to safe and stable housing opportunities. Through their mission-focused work, Southeastern Housing And Community Development positively contributes to addressing housing affordability challenges 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 2022.

  • Investment Income: $2,666,192
  • Program Service Revenue: $2,402,634
  • Gross Receipts: $10,474,442

    • Assets and Liabilities:
  • Total Assets: $16,845,828
  • Total Liabilities: $6,392,005
  • Net Assets: $10,453,823
  • Programs

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

    RENTAL INCOME

    Revenue

    $2,301,922

    TENANT CHARGES

    Revenue

    $93,796

    COIN LAUNDRY

    Revenue

    $3,616

    APPLICATION FEES

    Revenue

    $3,300

    Organization Details

    Founding Year

    1976

    Principal Officer

    Robert Thomas

    Main Address

    PO BOX 1326, BARNWELL, SC, 29812

    NTEE Category

    Code: L80 - Housing

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