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Granville Place Inc

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

EIN: 581348601 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Granville Place Inc?

Granville Place Inc is a nonprofit organization located in Winston-Salem, North Carolina (NC). Specifically situated at 2585 W Clemmonsville Rd Suite 102, this organization is dedicated to providing housing solutions for the elderly with low income. They manage a 101-unit apartment complex that adheres to HUD regulations, ensuring a comfortable living environment for its elderly residents. The mission of Granville Place Inc involves the development and operation of such facilities, contributing to the well-being and independence of the elderly community.


Official website here: www.nchsm.org

Is Granville Place Inc legitimate?

Granville Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Granville Place 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 Granville Place Inc?

Granville Place Inc is dedicated to providing housing solutions for the elderly with low income. Their primary mission is to develop and operate a Section 202 apartment complex, offering affordable living spaces for this demographic. By owning and operating this complex, they aim to contribute to the well-being and comfort of the elderly population, ensuring they have a place to call home.


Official website here: www.nchsm.org

Who is the CEO of Granville Place Inc?

Tammy Vernon is the Secretary of Granville Place Inc.


Official website here: www.nchsm.org

What is the revenue of Granville Place Inc?

Granville Place Inc's revenue in 2022 was $1,198,713.


Official website here: www.nchsm.org

Who are the executives of Granville Place Inc and what are their salaries?

Here are 5 key members and their salaries:

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

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

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

    • John Nichols (Asst. Secretary, Asst Vp)
  • 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 Granville Place Inc?

    The Granville Place 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 Granville Place Inc

    Granville Place Inc, a nonprofit organization, is dedicated to the mission of developing and operating a Section 202 apartment complex for the low-income elderly. This mission translates into providing a 101-unit housing facility that adheres to HUD regulations, specifically designed for the elderly population with limited income. The organization's goal is to ensure that this segment of society has access to safe, affordable, and comfortable living spaces, contributing to their overall well-being and independence. By managing this Section 202 apartment complex, Granville Place Inc aims to make a significant impact on the lives of the elderly, providing them with a secure living environment that respects their dignity and independence.

    Impact

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




    Saturday, July 20, 2024

    Granville Place Inc's impact can be seen in its provision and management of a 101-unit HUD-regulated apartment complex for low-income elderly individuals in Winston-Salem, NC. By owning and operating this Section 202 apartment complex, Granville Place Inc is directly addressing the housing needs of the elderly population in the area. This initiative serves to provide affordable housing options for those who may struggle to find suitable accommodation due to financial constraints. Through its mission of developing and operating such housing complexes, Granville Place Inc is actively contributing to the welfare of the low-income elderly community, ensuring they have a safe and comfortable place to call home.





    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: $399
  • Program Service Revenue: $337,545
  • Gross Receipts: $1,198,713

    • Assets and Liabilities:
  • Total Assets: $1,824,752
  • Total Liabilities: $1,912,729
  • Net Assets: -$87,977
  • Programs

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

    TENANT RENTAL PAYMENTS

    Revenue

    $327,957

    LAUNDRY AND VENDING

    Revenue

    $8,100

    TENANT CHARGES

    Revenue

    $1,488

    Organization Details

    Founding Year

    1978

    Principal Officer

    Tammy Vernon

    Main Address

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

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Granville Place 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.