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Cumberland View Towers Inc

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

EIN: 581335497 ✦ Old hickory, TN ✦ Designated as a 501(c)(3)

Overview

What is Cumberland View Towers Inc?

Cumberland View Towers Inc, a nonprofit organization situated in Old Hickory, Tennessee, is primarily focused on constructing and managing an apartment complex comprising 150 units. This complex adheres to Section 8 and 202 of the National Housing Act, ensuring affordable housing options for its residents. The project is subject to regulations by the U.S. Department of Housing and Urban Development (HUD), which oversee the rent charges and operational methods to maintain fairness and accessibility. With a team of nine dedicated individuals, Cumberland View Towers Inc aims to provide a comfortable living environment that aligns with government housing policies.


Official website here: www.cumberlandviewtowers.org

Is Cumberland View Towers Inc legitimate?

Cumberland View Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland View Towers 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: $86,820

For more financial information, click here


Official website here: www.cumberlandviewtowers.org

What is the mission statement of Cumberland View Towers Inc?

Cumberland View Towers Inc, as a not-for-profit organization, is established with the mission to construct and manage an apartment complex comprising 150 units, falling under Section 8 and 202 of the National Housing Act. These projects are subject to regulation by the HUD, specifically in terms of rent charges and operating methods. The primary objective of Cumberland View Towers Inc is to provide affordable housing options, regulated by the HUD, to cater to the needs of its residents.


Official website here: www.cumberlandviewtowers.org

Who is the CEO of Cumberland View Towers Inc?

Myron Johnson is the Chairman of Cumberland View Towers Inc.


Official website here: www.cumberlandviewtowers.org

What is the revenue of Cumberland View Towers Inc?

Cumberland View Towers Inc's revenue in 2022 was $1,029,588.


Official website here: www.cumberlandviewtowers.org

Who are the executives of Cumberland View Towers Inc and what are their salaries?

The average compensation at Cumberland View Towers Inc during 2022 was $9,647. There are 9 employees and 8 volunteers at Cumberland View Towers Inc.

Here are 8 key members and their salaries:

    Myron Johnson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Cheeks (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Silke Hubbard (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Crumley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bette Fields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Desiree Goff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Mangrum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Vega (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cumberlandviewtowers.org

    Where can I find the form 990 for Cumberland View Towers Inc?

    The Cumberland View Towers Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cumberlandviewtowers.org

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

    Mission Statement of Cumberland View Towers Inc

    Cumberland View Towers Inc, established as a not-for-profit organization, is dedicated to constructing and managing an apartment complex comprising 150 units. This project falls under Section 8 and 202 of the National Housing Act. The organization's mission is regulated by HUD, ensuring that rent charges and operating methods adhere to stringent guidelines. By doing so, Cumberland View Towers Inc aims to provide affordable housing solutions to individuals and families in need, contributing to a more equitable living environment.

    Impact

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




    Saturday, July 20, 2024

    Cumberland View Towers Inc's impact is primarily focused on providing affordable housing through the construction and operation of a 150-unit apartment complex under Section 8 and 202 of the National Housing Act. By offering regulated rent charges and operating methods, Cumberland View Towers Inc addresses the critical need for affordable housing in the community of Old Hickory, TN. This organization plays a vital role in ensuring that individuals and families have access to safe and stable housing options through its dedicated mission.





    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: $-426,647
  • Program Service Revenue: $1,456,235
  • Gross Receipts: $11,493,291

    • Assets and Liabilities:
  • Total Assets: $366,881
  • Total Liabilities: $0
  • Net Assets: $366,881
  • Programs

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

    APARTMENT RENT

    Revenue

    $805,802

    FEES AND CONTRACTS

    Revenue

    $628,877

    STORES/COMMISSARY

    Revenue

    $16,341

    LAUNDRY AND VENDING

    Revenue

    $5,155

    MANAGEMENT FEE INCOME

    Revenue

    $60

    Organization Details

    Founding Year

    1981

    Principal Officer

    Myron Johnson

    Main Address

    2117 REMINGTON PARK ROAD, OLD HICKORY, TN, 37138

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Cumberland View Towers 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.