nonprofit logo

Millbrook Homes Inc

Millbrook Apartments

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

EIN: 561983872 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Millbrook Homes Inc?

Millbrook Homes Inc, located in Winston-Salem, North Carolina, is a nonprofit organization engaged in providing housing solutions for low-income individuals. They operate a 144-unit apartment complex, adhering to Section 236 of the U.S. Housing Act of 1959. The organization's primary mission is to develop and manage this apartment complex, ensuring it serves as a comfortable living space for those in need. Millbrook Homes Inc continues its mission under the name Millbrook Apartments, contributing positively to the local community.


Official website here: www.nchsm.org

Is Millbrook Homes Inc legitimate?

Millbrook Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millbrook Homes 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: $0

For more financial information, click here


Official website here: www.nchsm.org

What is the mission statement of Millbrook Homes Inc?

Millbrook Homes Inc's mission revolves around providing housing solutions for individuals with low income. Specifically, they develop and operate a Section 236 apartment complex, adhering to the guidelines set by the National Housing Act of 1959 in the United States. This complex serves as a home for many, offering them a place to live with affordable housing options. Millbrook Homes Inc is committed to making a positive impact in the lives of these individuals by providing them with a suitable living environment.


Official website here: www.nchsm.org

Who is the CEO of Millbrook Homes Inc?

Tammy Vernon is the Secretary of Millbrook Homes Inc.


Official website here: www.nchsm.org

What is the revenue of Millbrook Homes Inc?

Millbrook Homes Inc's revenue in 2022 was $856,890.


Official website here: www.nchsm.org

Who are the executives of Millbrook Homes Inc and what are their salaries?

Here are 4 key members and their salaries:

    Mallory Oates (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Peatross (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Merritt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Vernon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nchsm.org

    Where can I find the form 990 for Millbrook Homes Inc?

    The Millbrook Homes Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nchsm.org

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

    Mission Statement of Millbrook Homes Inc

    Millbrook Homes Inc, as a nonprofit organization, is dedicated to the mission of developing and operating a Section 236 apartment complex specifically designed for individuals with low income. Under the National Housing Act of 1959, Millbrook Homes Inc manages a 144-unit residential complex, providing affordable housing solutions to those in need. The organization's objective is to ensure that low-income individuals have access to safe and comfortable living spaces, thereby contributing to their overall well-being. Millbrook Homes Inc upholds this mission by diligently maintaining and managing the 144-unit apartment complex, ensuring that it meets the necessary standards and requirements for its inhabitants.

    Impact

    This information is meant to be a general summary of Millbrook Homes Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Millbrook Homes Inc's impact lies in its provision of affordable housing to low-income individuals through the operation of a 144-unit apartment complex under Section 236 of the U.S. Housing Act of 1959. By developing and managing this apartment complex in Winston-Salem, NC, Millbrook Homes Inc plays a crucial role in addressing the housing needs of individuals who might otherwise struggle to secure decent and affordable housing. This impact directly contributes to promoting stability and dignity for individuals in need of affordable housing in the community.





    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: $41
  • Program Service Revenue: $809,165
  • Gross Receipts: $856,890

    • Assets and Liabilities:
  • Total Assets: $1,646,659
  • Total Liabilities: $346,625
  • Net Assets: $1,300,034
  • Programs

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

    TENANT RENTAL PAYMENTS

    Revenue

    $790,103

    TENANT CHARGES

    Revenue

    $12,892

    FORMER TENANT COLLECTI

    Revenue

    $6,170

    Organization Details

    Founding Year

    1996

    Principal Officer

    Tammy Vernon

    Main Address

    2585 W CLEMMONSVILLE RD SUITE 102, WINSTONSALEM, NC, 27127

    NTEE Category

    Code: L25Z - Housing

    If you are a representative of Millbrook Homes 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.