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Lumber River Housing Development Incorporated

Parkview Terrace Apartments

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

EIN: 560988617 ✦ Lumberton, NC ✦ Designated as a 501(c)(3)

Overview

What is Lumber River Housing Development Incorporated?

Lumber River Housing Development Incorporated, located at 1000 Parkview Drive, Lumberton, North Carolina 28358, is a nonprofit organization dedicated to providing housing solutions for qualified low to moderate income families. The organization operates under programs that are supervised and subsidized by the U.S. Department of Housing and Urban Development (HUD). Their primary mission is to ensure affordable housing opportunities for families in need, thereby contributing to the community's socio-economic fabric. The organization is known by the name "Parkview Terrace Apartments" in their day-to-day activities.


Is Lumber River Housing Development Incorporated legitimate?

Lumber River Housing Development Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lumber River Housing Development Incorporated 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: $182,441

For more financial information, click here


What is the mission statement of Lumber River Housing Development Incorporated?
Who is the CEO of Lumber River Housing Development Incorporated?
What is the revenue of Lumber River Housing Development Incorporated?
Who are the executives of Lumber River Housing Development Incorporated and what are their salaries?
Where can I find the form 990 for Lumber River Housing Development Incorporated?

Mission Statement of Lumber River Housing Development Incorporated

Lumber River Housing Development Incorporated, as a nonprofit organization, is dedicated to providing housing solutions for qualified low to moderate income families. This mission is carried out under programs that are supervised and subsidized by the HUD. The organization's primary goal is to offer a home to families who fall within these income brackets, ensuring they have access to secure and comfortable living spaces. By collaborating with HUD, Lumber River Housing Development Incorporated is able to provide these families with the necessary support and subsidies, making homeownership or renting more affordable and achievable. The organization's mission is crucial in addressing housing disparities and helping families build stable and sustainable living situations.

Impact

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




Saturday, July 20, 2024

Lumber River Housing Development Incorporated has a significant impact on the community by providing housing to qualified low to moderate-income families under programs supervised and subsidized by HUD. Through its mission of offering affordable housing options, this organization helps improve the quality of life for individuals and families in need in Lumberton, NC. By addressing the crucial need for housing assistance, Lumber River Housing Development Incorporated plays a vital role in creating stability and security for those who may otherwise struggle to find suitable accommodations.





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
  • Program Service Revenue: $193,763
  • Gross Receipts: $719,338

    • Assets and Liabilities:
  • Total Assets: $965,652
  • Total Liabilities: $1,306,014
  • Net Assets: -$340,362
  • Programs

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

    RENTAL REVENUE

    Revenue

    $187,618

    TENANT RENTAL CHARGES

    Revenue

    $4,526

    LAUNDRY VENDING

    Revenue

    $1,619

    Organization Details

    Founding Year

    1968

    Principal Officer

    Rev Jerry L Stephens Sr

    Main Address

    1000 PARKVIEW DRIVE, LUMBERTON, NC, 28358

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Lumber River Housing Development Incorporated 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.