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Southern Indiana Community Housing Corporation

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

EIN: 472383159 ✦ New albany, IN ✦ Designated as a 501(c)(3)

Overview

What is Southern Indiana Community Housing Corporation?

The Southern Indiana Community Housing Corporation is a nonprofit organization situated in New Albany, Indiana. Its primary mission is to reinforce and expand the initiatives of the New Albany Housing Authority within Floyd County and broader Southern Indiana. This is achieved by augmenting the supply of affordable housing in the region. As of March 31, 2022, the organization manages 101 units of affordable housing, catering to low-income tenants. Its operations are supported by funding from a related organization, which aids in subsidizing the housing units.


Is Southern Indiana Community Housing Corporation legitimate?

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

Mission Statement of Southern Indiana Community Housing Corporation

Southern Indiana Community Housing Corporation, in its mission, aims to reinforce and augment the initiatives of the New Albany Housing Authority within Floyd County and the broader Southern Indiana community. By doing so, the organization seeks to contribute substantially to the cause of making affordable housing more widely available in the region. In essence, its objective is to bolster the efforts of the New Albany Housing Authority and expand the supply of affordable housing options within Southern Indiana. The organization accomplishes this by providing financial support and leasing affordable housing units to low-income individuals, as of March 31, 2022, they have 101 units in their portfolio. Funding for these units is often subsidized by a related organization.

Impact

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




Saturday, July 20, 2024

Southern Indiana Community Housing Corporation's impact is significant in providing affordable housing options for low-income individuals in Southern Indiana. Through leasing 101 units as of March 31, 2022, the organization plays a crucial role in addressing the housing needs of the community. By receiving funding from a related organization to subsidize these units, Southern Indiana Community Housing Corporation helps ensure that individuals and families have access to safe and affordable housing options. This directly contributes to improving the quality of life for residents in New Albany, Floyd County, and the Greater Southern Indiana community as a whole.





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: $-16,489
  • Program Service Revenue: $804,133
  • Gross Receipts: $853,463

    • Assets and Liabilities:
  • Total Assets: $3,118,601
  • Total Liabilities: $102,312
  • Net Assets: $3,016,289
  • Organization Details

    Founding Year

    2014

    Principal Officer

    David C Duggins Jr

    Main Address

    PO Box 11, New Albany, IN, 47151

    NTEE Category

    Code: L99 - Housing

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