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Spring Valley Elderly Housing Inc

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

EIN: 581735473 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Spring Valley Elderly Housing Inc?

Spring Valley Elderly Housing Inc, located in Atlanta, Georgia, is a nonprofit organization dedicated to providing housing solutions for low-income elderly individuals. In accordance with the Department of Housing and Urban Development's requirements, they operate an apartment complex, offering a safe and comfortable living environment. Their primary mission is to own and manage a rental housing property for the elderly, under Section 202 of the National Housing Act. This act is designed to ensure affordable and accessible housing for this vulnerable population, enhancing their quality of life and promoting a sense of community.


Is Spring Valley Elderly Housing Inc legitimate?

Spring Valley Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spring Valley Elderly Housing 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: $106,986

For more financial information, click here


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

Mission Statement of Spring Valley Elderly Housing Inc

Spring Valley Elderly Housing Inc, as its mission statement suggests, is dedicated to owning and operating a rental housing property catering to low-income elderly individuals. This endeavor aligns with Section 202 of the National Housing Act. The organization's primary objective is to provide a suitable living space for this specific demographic, ensuring they have access to comfortable and affordable housing. In carrying out this mission, Spring Valley Elderly Housing Inc meticulously adheres to the guidelines set forth by the Department of Housing and Urban Development, ensuring that the apartment complex is maintained and operated in accordance with these requirements.

Impact

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




Wednesday, July 24, 2024

Spring Valley Elderly Housing Inc's impact lies in providing affordable housing for low-income elderly persons in Atlanta, GA through the operation and maintenance of an apartment complex. Their focus on meeting the housing needs of this vulnerable population helps to ensure that elderly individuals have a safe and stable place to call home. By offering affordable housing options, Spring Valley Elderly Housing Inc contributes to improving the quality of life and overall well-being of low-income elderly residents in the community.





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: $243
  • Program Service Revenue: $461,850
  • Gross Receipts: $462,805

    • Assets and Liabilities:
  • Total Assets: $399,608
  • Total Liabilities: $800,759
  • Net Assets: -$401,151
  • Programs

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

    HUD SUBSIDY RENTAL INC

    Revenue

    $301,479

    RENTAL AND OTHER INCOM

    Revenue

    $160,371

    Organization Details

    Founding Year

    1987

    Principal Officer

    Gerald Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Spring Valley Elderly Housing 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.