Overview
What is Sandy Run Missionary Baptist Church Apts?
Sandy Run Missionary Baptist Church Apts is a North Carolina-based nonprofit corporation, established in accordance with the state's not-for-profit statutes. Their primary mission is to rehabilitate and operate a 152-unit community named Sandy Run Apartments in Jacksonville, offering affordable housing for individuals with low to moderate income. Financed under Section 221(D)(3) of the National Housing Act, they have a regulatory agreement with HUD, providing a Section 8 rent assistance program. The corporation leases apartment units to eligible families and has entered into a Housing Assistance Payment Contract with HUD, ensuring affordable housing for low-income families in the area.
Is Sandy Run Missionary Baptist Church Apts legitimate?
Sandy Run Missionary Baptist Church Apts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sandy Run Missionary Baptist Church Apts 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 Sandy Run Missionary Baptist Church Apts?
Sandy Run Missionary Baptist Church Apts, as a not-for-profit corporation, is established to rehabilitate and manage a 152-unit housing community. This community, known as Sandy Run Apartments, is specifically designed to provide affordable housing for individuals with low and moderate income. The corporation operates under Section 221(D)(3) of the National Housing Act and has a regulatory agreement with the Federal Housing Administration (FHA) section of HUD. In the regular course of business, the corporation leases apartment units to low-income families, and it also has a Section 8 rent assistance program contract with HUD to provide additional financial support. The primary goal of Sandy Run Missionary Baptist Church Apts is to provide affordable housing solutions for individuals with limited financial resources.
Who is the CEO of Sandy Run Missionary Baptist Church Apts?
Jacob Evans is the President of Sandy Run Missionary Baptist Church Apts.
What is the revenue of Sandy Run Missionary Baptist Church Apts?
Sandy Run Missionary Baptist Church Apts's revenue in 2022 was $1,279,179.
Who are the executives of Sandy Run Missionary Baptist Church Apts and what are their salaries?
- Jacob Evans (President) [Trustee/Director]
- Tyrone Maxwell (Vice President) [Trustee/Director]
- Joselyn Hillmon (Secretary) [Trustee/Director]
- Brian Jackson (Director)
- Darryl Roberson (Director)
- Gregory O Humphrey (Director)
- Holly Sylvain (Director)
- Precious Borden (Director)
Where can I find the form 990 for Sandy Run Missionary Baptist Church Apts?
The Sandy Run Missionary Baptist Church Apts’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Sandy Run Missionary Baptist Church Apts
Sandy Run Missionary Baptist Church Apts, a not-for-profit corporation, was established in accordance with North Carolina's not-for-profit statutes. Its primary mission is to rehabilitate and operate a 152-unit community, known as Sandy Run Apartments, providing affordable housing for individuals with low and moderate income. This mission is carried out in compliance with Section 221(D)(3) of the National Housing Act. The organization has entered into a regulatory agreement with the Federal Housing Administration (FHA) section of HUD, governing the operation of the community.
In the usual course of business, Sandy Run Missionary Baptist Church Apts leases apartment units to low-income families. Furthermore, the organization has secured a Housing Assistance Payment contract with HUD, which operates as a Section 8 rent assistance program for low-income families. This contract enables the corporation to provide financial aid to its residents, making housing more accessible and affordable. The mission of Sandy Run Missionary Baptist Church Apts is thus to provide a safe and affordable living space for individuals with limited financial means, promoting their overall well-being and stability.
Impact
This information is meant to be a general summary of Sandy Run Missionary Baptist Church Apts. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Sandy Run Missionary Baptist Church Apartments provides essential housing for individuals with low and moderate incomes in Jacksonville, North Carolina. Through its operation of a 152 unit community, this organization plays a crucial role in offering affordable housing options to those in need. By participating in government programs such as Section 221(D)(3) of the National Housing Act and the Section 8 rent assistance program, Sandy Run Missionary Baptist Church Apartments directly impacts the lives of low-income families by providing a stable and safe living environment. Their mission to rehabilitate and operate this community demonstrates a commitment to addressing housing needs and creating a positive impact on the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$497,128
Organization Details
Founding Year
1974
Phone
(336) 765-0424
Principal Officer
Jacob Evans
Main Address
200 COLEMAN DRIVE, JACKSONVILLE, NC, 28546
NTEE Category
Code: L200 - Housing
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