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Bethel Housing Community Development Inc

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

EIN: 581187840 ✦ Albany, GA ✦ Designated as a 501(c)(3)

Overview

What is Bethel Housing Community Development Inc?

Bethel Housing Community Development Inc is a Georgia-based nonprofit organization, established with the purpose of constructing, owning, and operating a 98-unit apartment complex named Bethel Housing Complex in Albany, Georgia. This was achieved in accordance with Section 236 of the National Housing Act. The organization has a regulatory agreement with the HUD, which governs the project's operation in collaboration with the Federal Housing Administration section of HUD. Furthermore, Bethel Housing Community Development Inc has entered into a Housing Assistance Payment Contract with HUD, ensuring the provision of necessary financial support. The nonprofit's primary aim is to offer affordable housing solutions for its community.


Is Bethel Housing Community Development Inc legitimate?

Bethel Housing Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethel Housing Community Development 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: $141,530

For more financial information, click here


What is the mission statement of Bethel Housing Community Development Inc?
Who is the CEO of Bethel Housing Community Development Inc?
What is the revenue of Bethel Housing Community Development Inc?
Who are the executives of Bethel Housing Community Development Inc and what are their salaries?
Where can I find the form 990 for Bethel Housing Community Development Inc?

Mission Statement of Bethel Housing Community Development Inc

Bethel Housing Community Development Inc, a Georgia-based not-for-profit corporation, was established with a mission to construct, own, and operate a 98-unit apartment complex in Albany, Georgia, known as Bethel Housing Complex. This endeavor was in line with Section 236 of the National Housing Act, aiming to provide affordable housing solutions. The corporation signed a regulatory agreement with the HUD, ensuring compliance with federal housing administration guidelines. Furthermore, Bethel Housing Community Development Inc entered into a Housing Assistance Payment Contract with HUD, securing financial support for the operation of the project. In essence, the organization's mission is centered around providing affordable housing solutions to its community, adhering to federal regulations, and securing necessary financial support to sustain its operations.

Impact

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




Saturday, July 20, 2024

Bethel Housing Community Development Inc's impact is focused on providing stable and affordable housing options for individuals and families in Albany, Georgia. Through the construction, ownership, and operation of the 98-unit Bethel Housing Complex, this organization plays a crucial role in addressing the housing needs of the community. By executing a regulatory agreement with HUD and entering into a housing assistance payment contract, Bethel Housing Community Development Inc ensures that residents have access to quality housing that meets regulatory standards. This commitment to providing affordable housing contributes significantly to improving the overall well-being and stability of individuals and families in Albany.





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: $213
  • Program Service Revenue: $899,394
  • Gross Receipts: $899,607

    • Assets and Liabilities:
  • Total Assets: $3,418,719
  • Total Liabilities: $3,928,656
  • Net Assets: -$509,937
  • Programs

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

    RENTAL INCOME

    Revenue

    $899,260

    LAUNDRY & VENDING INCO

    Revenue

    $134

    Organization Details

    Founding Year

    1974

    Principal Officer

    Rev Dr Kevin T Moore

    Main Address

    507 SWIFT STREET, ALBANY, GA, 31705

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Bethel Housing Community Development 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.