Overview
What is Koinonia Inc?
Koinonia Inc, also known as Koinonia Apartments, is a nonprofit organization situated in Lenoir, North Carolina. Their primary focus is on providing safe, clean, and enjoyable community housing for elderly individuals with low income, in accordance with their regulatory agreement with HUD. Operating an 84-unit apartment complex, Koinonia Inc aims to enhance the living experience of elderly residents in the Lenoir area, ensuring a comfortable and secure environment for them.
Is Koinonia Inc legitimate?
Koinonia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Koinonia Inc 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: $165,798
For more financial information, click here
What is the mission statement of Koinonia Inc?
Koinonia Inc, operating under the name Koinonia Apartments, is committed to providing a safe, clean, and enjoyable living environment for elderly individuals with low income. Their mission is to offer community housing that caters to the needs of this specific demographic, ensuring their residents can live comfortably. They achieve this by operating an 84-unit apartment complex in accordance with their regulatory agreement with HUD.
Who is the CEO of Koinonia Inc?
Deborah Ashley-Smith is the Chair of Koinonia Inc.
What is the revenue of Koinonia Inc?
Koinonia Inc's revenue in 2022 was $854,216.
Who are the executives of Koinonia Inc and what are their salaries?
- Deborah Ashley-Smith (Chair) [Trustee/Director]
- Ron Beane (Director)
- Lenora Chase (Director)
- Leah Epps (Director)
- Elizabeth Jenkins (Director)
- Lucy Mccarl (Director)
- Wanda Prince (Director)
- Ken Roberts (Director)
- Dee Strickland (Director)
Where can I find the form 990 for Koinonia Inc?
The Koinonia Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Koinonia Inc
Koinonia Inc, as referred to as Koinonia Apartments, is committed to providing a safe, clean, and enjoyable living environment for the elderly residents in Lenoir, NC. Their primary mission is to offer community housing that caters to the elderly population who are financially disadvantaged. To accomplish this, Koinonia Inc operates an 84-unit apartment complex under a regulatory agreement with the HUD. This complex serves as a home for low-income elderly individuals, ensuring they have access to a secure and comfortable living space.
Impact
This information is meant to be a general summary of Koinonia Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Koinonia Inc's impact is evident in their dedicated efforts to provide safe, clean, and enjoyable community housing for low-income elderly residents in Lenoir, NC. By operating an 84-unit apartment complex in accordance with their regulatory agreement with HUD, Koinonia Inc is addressing the critical need for affordable housing for this vulnerable population. Through their mission-driven approach, they are making a tangible difference in the lives of elderly individuals, ensuring they have a secure and comfortable place to call home.
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.
TENANT RENTAL PAYMENTS
Revenue
$362,213
LAUNDRY & VENDING REVE
Revenue
$5,066
Organization Details
Founding Year
1975
Phone
(828) 758-2617
Principal Officer
Deborah Ashley-Smith
Main Address
318 MAIN STREET NW, LENOIR, NC, 28645
NTEE Category
Code: L22 - Housing
If you are a representative of Koinonia Inc 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.