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Brown-Lawson Housing Development Corp

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

EIN: 570695687 ✦ Sumter, SC ✦ Designated as a 501(c)(3)

Overview

What is Brown-Lawson Housing Development Corp?

Brown-Lawson Housing Development Corp is a South Carolina-based nonprofit organization, established with the mission to construct, own, and operate a 72-unit apartment complex named Shiloh-Randolph Manor, situated in Sumter, South Carolina. This endeavor falls under Section 202 of the National Housing Act. The corporation has collaborated with the Federal Housing Administration section of HUD, entering into standard regulatory agreements for the project's operation. To support elderly individuals aged 62+, the organization secures rent assistance through a Housing Assistance Payment Contract (HAP) under Section 8 of the National Housing Act.


Is Brown-Lawson Housing Development Corp legitimate?

Brown-Lawson Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brown-Lawson Housing Development Corp 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 Brown-Lawson Housing Development Corp?
Who is the CEO of Brown-Lawson Housing Development Corp?
What is the revenue of Brown-Lawson Housing Development Corp?
Who are the executives of Brown-Lawson Housing Development Corp and what are their salaries?
Where can I find the form 990 for Brown-Lawson Housing Development Corp?

Mission Statement of Brown-Lawson Housing Development Corp

Brown-Lawson Housing Development Corp, a South Carolina-based not-for-profit corporation, was established with the purpose of constructing, owning, and operating a 72-unit senior housing complex named Shiloh-Randolph Manor. This endeavor was carried out in compliance with Section 202 of the National Housing Act. The corporation has entered into standard regulatory agreements with the Federal Housing Administration (FHA) section of the Housing and Urban Development (HUD) to oversee the project's operations. Furthermore, Brown-Lawson Housing Development Corp secured a Housing Assistance Payment Contract (HAP) under Section 8 of the National Housing Act, which offers rental aid to elderly individuals aged 62 and above, residing in the Shiloh-Randolph Manor. This assistance enables these senior residents to afford the rent, thereby ensuring they can maintain a comfortable living environment.

Impact

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




Saturday, July 20, 2024

Brown-Lawson Housing Development Corp's impact can be seen in the construction, ownership, and operation of Shiloh-Randolph Manor, a 72-unit apartment complex in Sumter, South Carolina. This initiative provides much-needed affordable housing for elderly individuals aged 62 and above. Through its Housing Assistance Payment Contract (HAP) with HUD under Section 8 of the National Housing Act, the organization offers rent assistance to support the housing needs of this vulnerable demographic. Consequently, Brown-Lawson Housing Development Corp plays a vital role in addressing housing challenges and improving the quality of life for elderly residents in Sumter.





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: $297
  • Program Service Revenue: $234,829
  • Gross Receipts: $913,073

    • Assets and Liabilities:
  • Total Assets: $2,263,128
  • Total Liabilities: $2,280,597
  • Net Assets: -$17,469
  • Programs

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

    RENTAL INCOME

    Revenue

    $222,124

    LAUNDRY AND VENDING

    Revenue

    $12,705

    Organization Details

    Founding Year

    1978

    Principal Officer

    Reverend William S Randol

    Main Address

    125 W BARTLETTE STREET, SUMTER, SC, 29150

    NTEE Category

    Code: L21Z - Housing

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