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Summit Housing Development Corp

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

EIN: 341703387 ✦ Cuyahoga falls, OH ✦ Designated as a 501(c)(3)

Overview

What is Summit Housing Development Corp?

Summit Housing Development Corp, established in 1992, is a private, non-profit organization situated in Cuyahoga Falls, Ohio. Their primary mission is dedicated to ensuring and maintaining suitable housing for individuals living with developmental disabilities. In the year 2022, they managed and oversaw 190 residential properties, selecting them based on the tenants' needs, accessibility, and location. The organization's operations are centered around providing safe and comfortable living spaces, contributing positively to the lives of those with developmental disabilities. With a team of six dedicated employees, Summit Housing Development Corp continues to uphold its commitment to enhancing the living conditions of individuals with developmental disabilities.


Official website here: www.summithousing.org

Is Summit Housing Development Corp legitimate?

Summit Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Housing Development Corp 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: $644,236

For more financial information, click here


Official website here: www.summithousing.org

What is the mission statement of Summit Housing Development Corp?

Summit Housing Development Corp, established in 1992, operates as a non-profit organization with a mission to secure and maintain housing for individuals with developmental disabilities. The corporation develops, acquires, and manages residential properties, providing homes based on the needs, accessibility, and location preferences of the residents. In 2022, Summit Housing Development Corp managed 190 such properties, leased to developmentally disabled individuals, demonstrating their commitment to providing suitable housing solutions.


Official website here: www.summithousing.org

Who is the CEO of Summit Housing Development Corp?

Thomas Jacobs is the Executive Di of Summit Housing Development Corp.


Official website here: www.summithousing.org

What is the revenue of Summit Housing Development Corp?

Summit Housing Development Corp's revenue in 2022 was $3,300,890.


Official website here: www.summithousing.org

Who are the executives of Summit Housing Development Corp and what are their salaries?

The average compensation at Summit Housing Development Corp during 2022 was $107,373. There are 6 employees at Summit Housing Development Corp.

Here are 7 key members and their salaries:

    Thomas Jacobs (Executive Di) [Trustee/Director]
  • Compensation: $244,454
  • Related: $0
  • Other: $0

    • Stan Debro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Evans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Filler (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Graham (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Kline (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Vimont (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.summithousing.org

    Where can I find the form 990 for Summit Housing Development Corp?

    The Summit Housing Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.summithousing.org

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

    Mission Statement of Summit Housing Development Corp

    Summit Housing Development Corp, established in 1992, is a private, non-profit corporation with a mission to develop, acquire, and manage housing for individuals with developmental disabilities. This mission is rooted in the belief that every individual deserves a safe and suitable living environment, regardless of their disability. The corporation operates based on the principles of choice, need, accessibility, and location, ensuring that the residential properties it manages are well-suited to the needs of its tenants. In 2022, Summit Housing Development Corp managed 190 residential properties, providing a home for 190 individuals with developmental disabilities. The corporation's efforts in this area not only provide a physical space but also contribute to the overall well-being and independence of these individuals, enabling them to live with dignity and autonomy.

    Impact

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




    Thursday, August 15, 2024

    Summit Housing Development Corp's impact has been substantial in securing and maintaining housing for individuals with developmental disabilities. By owning and managing 190 residential properties that are leased to developmentally disabled individuals based on their choice, need, accessibility, and location, Summit Housing Development Corp has played a crucial role in providing safe and suitable housing options for this vulnerable population. Since its establishment in 1992, Summit Housing Development Corp has remained dedicated to its mission of developing, acquiring, and managing housing for those with developmental disabilities, making a tangible difference in the lives of many individuals in Cuyahoga Falls, Ohio.





    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: $40,418
  • Program Service Revenue: $3,119,916
  • Gross Receipts: $3,365,957

    • Assets and Liabilities:
  • Total Assets: $26,427,425
  • Total Liabilities: $10,907,868
  • Net Assets: $15,519,557
  • Programs

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

    RENTAL INCOME

    Revenue

    $2,312,640

    AMORT OF LOAN FORGIVENESS

    Revenue

    $807,276

    Organization Details

    Founding Year

    1992

    Principal Officer

    Thomas Jacobs

    Main Address

    431 BROAD BOULEVARD, CUYAHOGA FALLS, OH, 44221

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Summit Housing Development Corp 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.