Nc Elderly Housing Inc

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

EIN: 581735481 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Nc Elderly Housing Inc?

Nc Elderly Housing Inc, based 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 guidelines, they manage and maintain an apartment complex specifically designed for this demographic. Their primary mission is to own and operate a rental property under Section 202 of the National Housing Act, ensuring that elderly individuals in financial need have access to safe and affordable housing.


Is Nc Elderly Housing Inc legitimate?

Nc Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nc 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: $102,697

For more financial information, click here


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

Mission Statement of Nc Elderly Housing Inc

NC Elderly Housing Inc, as a nonprofit organization, is dedicated to owning and managing a rental housing property exclusively for low-income elderly individuals. Aligning with Section 202 of the National Housing Act, this mission aims to provide a safe and comfortable living space for this specific demographic. The organization ensures the efficient operation and maintenance of the apartment complex, adhering to the guidelines set by the Department of Housing and Urban Development. By providing this service, NC Elderly Housing Inc contributes significantly to the well-being and housing security of elderly individuals with limited income, thereby enhancing their overall quality of life.

Impact

This information is meant to be a general summary of Nc 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

Nc Elderly Housing Inc's impact can be seen in its provision of affordable housing for low-income elderly individuals in Atlanta, GA. By owning and operating a rental housing property under Section 202 of the National Housing Act, this organization ensures that elderly individuals have access to safe and stable housing. This contributes to the well-being and quality of life of the elderly population in the community. The operation and maintenance of an apartment complex specifically designed for low-income elderly individuals align with the requirements set forth by the Department of Housing and Urban Development, highlighting the organization's commitment to meeting regulatory standards and serving its target demographic. Through its mission to provide affordable housing for low-income elderly persons, Nc Elderly Housing Inc plays a vital role in addressing housing insecurity and promoting the dignity and security of elderly individuals in need.





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: $27
  • Program Service Revenue: $499,066
  • Gross Receipts: $499,176

    • Assets and Liabilities:
  • Total Assets: $432,077
  • Total Liabilities: $629,451
  • Net Assets: -$197,374
  • Programs

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

    HUD SUBSIDY RENTAL INC

    Revenue

    $325,413

    RENTAL AND OTHER INCOM

    Revenue

    $173,653

    Organization Details

    Founding Year

    1987

    Principal Officer

    Gerald Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Nc 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.