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The Davidson Housing Coalition

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

EIN: 562057448 ✦ Davidson, NC ✦ Designated as a 501(c)(3)

Overview

What is The Davidson Housing Coalition?

The Davidson Housing Coalition is a nonprofit organization situated in Davidson, North Carolina. Their primary focus is on addressing the issue of affordable housing within the community. They accomplish this by owning and managing properties designated as affordable, which are then made available for lease to individuals and families whose income does not exceed 80% of the area median income. Additionally, certain units are provided on a purchase or lease-to-purchase basis to the same demographic. Beyond housing, the coalition works towards fostering financial stability and home ownership by collaborating with the larger community. Their mission is to preserve and create affordable housing options, with a goal of empowering families and individuals on their journey towards financial stability. The organization boasts a workforce of 5 dedicated individuals.


Official website here: www.davidsonhousing.org

Is The Davidson Housing Coalition legitimate?

The Davidson Housing Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Davidson Housing Coalition 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: $96,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,834

For more financial information, click here


Official website here: www.davidsonhousing.org

What is the mission statement of The Davidson Housing Coalition?

The Davidson Housing Coalition's mission is centered around collaborating with the broader community. Their primary objective is to preserve and develop affordable housing options, aiming to cater to families and individuals with income levels not exceeding 80% of the area median income. Furthermore, the organization is committed to helping these individuals and families achieve financial stability and eventual home ownership. The Coalition accomplishes this through its Affordable Rental Program, which offers properties for lease, and in some cases, for purchase or lease-to-purchase.


Official website here: www.davidsonhousing.org

Who is the CEO of The Davidson Housing Coalition?

Conniej Wessner is the Executive Dir. of The Davidson Housing Coalition.


Official website here: www.davidsonhousing.org

What is the revenue of The Davidson Housing Coalition?

The Davidson Housing Coalition's revenue in 2022 was $485,310.


Official website here: www.davidsonhousing.org

Who are the executives of The Davidson Housing Coalition and what are their salaries?

The average compensation at The Davidson Housing Coalition during 2022 was $40,431. There are 5 employees and 175 volunteers at The Davidson Housing Coalition.

Here are 13 key members and their salaries:

    Gerald Wright (Executive Dir.)
  • Compensation: $96,319
  • Related: $0
  • Other: $0

    • Margaret Martens (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margo Williams (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dick Hay (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Woods (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • T Michele Crowell (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carly Schiano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn Copeland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Libby Cable (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Roper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrell Van Pelt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Mcmillen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.davidsonhousing.org

    Where can I find the form 990 for The Davidson Housing Coalition?

    The The Davidson Housing Coalition’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.davidsonhousing.org

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

    Mission Statement of The Davidson Housing Coalition

    The Davidson Housing Coalition is dedicated to partnering with the wider community in an effort to safeguard and establish affordable housing options. Their mission extends beyond this, aiming to assist families and individuals in achieving financial stability and eventual home ownership. Through their Affordable Rental Program, they manage properties designated as affordable, providing lease options for individuals and families whose income does not exceed 80% of the area median income. Some of these properties are even available for purchase or lease-to-purchase, catering to the same demographic. By offering affordable housing options and financial preparation resources, The Davidson Housing Coalition plays a significant role in helping individuals and families secure a stable living environment.

    Impact

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




    Wednesday, July 24, 2024

    The Davidson Housing Coalition's impact lies in its work to preserve and create affordable housing options in Davidson, NC. By owning and managing various real estate properties designated as affordable, the Coalition provides individuals and families earning up to 80% of the area median income with access to affordable housing. Additionally, the Coalition offers certain units for purchase or lease-to-purchase, enabling more people to achieve home ownership. Through these initiatives, the Davidson Housing Coalition plays a crucial role in promoting financial stability and housing security within 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: $17,012
  • Program Service Revenue: $220,406
  • Gross Receipts: $485,310

    • Assets and Liabilities:
  • Total Assets: $3,021,594
  • Total Liabilities: $771,907
  • Net Assets: $2,249,687
  • Programs

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

    Development & Other Fees

    Revenue

    $100

    Homeless Service Income
    Rent

    Revenue

    $220,306

    Organization Details

    Founding Year

    1997

    Principal Officer

    Conniej Wessner

    Main Address

    PO Box 854, Davidson, NC, 28036

    NTEE Category

    Code: L20 - Housing

    If you are a representative of The Davidson Housing Coalition 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.