Overview
What is Roanoke Housing Dev Corp?
Roanoke Housing Development Corporation is a non-profit organization, established with the purpose of constructing and managing a 33-unit apartment complex named Roanoke Commons in Raleigh, North Carolina. The organization operates under Section 202 of the National Housing Act and has entered into regulatory agreements with the Federal Housing Administration (FHA) section of HUD, ensuring the community's operation follows standard guidelines. The organization secures rental assistance for low-income families through a Project Rental Assistance Contract (PRAC). The primary mission of Roanoke Housing Development Corporation is to provide affordable housing for individuals in need.
Is Roanoke Housing Dev Corp legitimate?
Roanoke Housing Dev Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roanoke Housing Dev Corp 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
What is the mission statement of Roanoke Housing Dev Corp?
Roanoke Housing Development Corporation was established with the objective of constructing and managing a 33-unit apartment community, named Roanoke Commons, in Raleigh, North Carolina. This was carried out in accordance with Section 202 of the National Housing Act, amended. The corporation entered into standard regulatory agreements with the Federal Housing Administration section of HUD to govern the operation of this community. A Project Rental Assistance Contract (PRAC) is in place, providing financial assistance in the form of rent for low-income families or individuals residing in this complex. The mission of Roanoke Housing Development Corporation can be summarized as providing affordable housing solutions and financial aid to low-income families or individuals.
Who is the CEO of Roanoke Housing Dev Corp?
Mia Bailey is the Chair of Roanoke Housing Dev Corp.
What is the revenue of Roanoke Housing Dev Corp?
Roanoke Housing Dev Corp's revenue in 2022 was $594,238.
Who are the executives of Roanoke Housing Dev Corp and what are their salaries?
- Yolanda Winstead (President)
- Sharon Lorden (Vp)
- Natalie Britt (Vp)
- Rodney Brown (Vp Of Asset Management)
- Sheila Porter (Assistant Secretary)
- Michael Rodgers (Director Of Real Estate Development)
- William Ward (Treasurer)
- Jennifer Foell (Secretary)
- Mia Bailey (Chair) [Trustee/Director]
- Betsy Rozakis (Vice Chair) [Trustee/Director]
- Gordon Grubb (Member) [Trustee/Director]
- Tyler Craft (Member) [Trustee/Director]
- Jordan Maness (Member) [Trustee/Director]
Where can I find the form 990 for Roanoke Housing Dev Corp?
The Roanoke Housing Dev Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Roanoke Housing Dev Corp
Roanoke Housing Development Corporation, a non-profit organization, was established with a mission to construct and manage a 33-unit apartment community named Roanoke Commons. Operating under Section 202 of the National Housing Act, the corporation entered into regulatory agreements with the Federal Housing Administration section of HUD, governing the operation of the community. The primary objective of Roanoke Housing Development Corporation is to provide affordable housing for low-income families or individuals through a Project Rental Assistance Contract (PRAC). This contract ensures financial assistance to eligible tenants, making housing more accessible and affordable, thereby contributing to their overall well-being.
Impact
This information is meant to be a general summary of Roanoke Housing Dev Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Roanoke Housing Dev Corp's impact is evident through the construction, ownership, and operation of Roanoke Commons, a 33-unit apartment community in Raleigh, North Carolina. This initiative provides much-needed affordable housing options for low-income families or individuals in the area. By organizing under Section 202 of the National Housing Act and entering into FHA regulatory agreements with HUD, Roanoke Housing Dev Corp plays a crucial role in addressing housing challenges and supporting the community's housing needs. Through initiatives like the Project Rental Assistance Contract (PRAC), the organization ensures that vulnerable populations have access to safe and stable housing, ultimately contributing to the overall well-being and quality of life of residents.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$187,223
Organization Details
Founding Year
1987
Phone
(336) 765-0424
Principal Officer
Mia Bailey
Main Address
PO BOX 2185, RALEIGH, NC, 27602
NTEE Category
Code: L21Z - Housing
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