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Soat Inc

Huntwood Terrace

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

EIN: 581587426 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Soat Inc?

Soat Inc, based in Atlanta, Georgia, is a nonprofit organization dedicated to offering affordable housing solutions. Specifically, they manage and maintain a 40-unit apartment complex, named Huntwood Terrace, which caters to the elderly and self-sufficient handicapped individuals. This initiative aligns with the guidelines set by the Department of Housing and Urban Development, ensuring that these vulnerable groups have access to suitable living accommodations.


Is Soat Inc legitimate?

Soat Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soat 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: $92,870

For more financial information, click here


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

Mission Statement of Soat Inc

Soat Inc, a nonprofit organization, is committed to providing affordable housing for the elderly and self-sufficient handicapped individuals. They accomplish this mission through the operation and maintenance of a 40-unit apartment complex in Atlanta, Georgia. This complex, known as Huntwood Terrace, operates in accordance with the guidelines set by the Department of Housing and Urban Development. Soat Inc's mission is to ensure that these vulnerable groups have access to safe and affordable living spaces, thereby contributing to their overall well-being and independence.

Impact

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




Wednesday, July 24, 2024

Soat Inc, through its subsidiary Huntwood Terrace, operates and maintains a 40-unit apartment complex in Atlanta, GA to provide affordable housing for the elderly and self-sufficient handicapped individuals in accordance with the Department of Housing and Urban Development. This initiative has a direct impact on improving the quality of life for these vulnerable populations by ensuring they have access to safe and affordable housing options. Additionally, by focusing on providing housing for the elderly and handicapped, Soat Inc is addressing an important social need and contributing to the overall well-being of the community in Atlanta, GA.





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: $24
  • Program Service Revenue: $556,085
  • Gross Receipts: $556,558

    • Assets and Liabilities:
  • Total Assets: $542,768
  • Total Liabilities: $894,359
  • Net Assets: -$351,591
  • Programs

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

    RENTAL INCOME

    Revenue

    $556,085

    Organization Details

    Founding Year

    1984

    Principal Officer

    Gerald Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Soat 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.