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Greenwood Elderly Housing Inc

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

EIN: 581828192 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Greenwood Elderly Housing Inc?

Greenwood Elderly Housing Inc, a nonprofit organization based in Atlanta, Georgia, primarily focuses on providing housing solutions for low-income elderly individuals. In alignment with the Department of Housing and Urban Development's requirements, they operate and maintain an apartment complex specifically designed for this demographic. Their mission, as outlined in the National Housing Act's Section 202, is to own and operate a rental housing property, offering a secure and supportive living environment for the elderly community.


Is Greenwood Elderly Housing Inc legitimate?

Greenwood Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwood 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: $95,853

For more financial information, click here


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

Mission Statement of Greenwood Elderly Housing Inc

Greenwood Elderly Housing Inc is dedicated to serving the needs of low-income elderly individuals. As per its mission, this organization owns and operates a rental housing property in accordance with Section 202 of the National Housing Act. The primary goal is to provide a suitable living space for this specific demographic, ensuring they have access to a secure and comfortable environment. The operation and maintenance of this apartment complex are carried out in compliance with the Department of Housing and Urban Development's requirements, demonstrating Greenwood Elderly Housing Inc's commitment to meeting the unique needs of its elderly residents.

Impact

This information is meant to be a general summary of Greenwood 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

Greenwood Elderly Housing Inc's impact lies in providing 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 offers a safe and comfortable living environment for elderly residents who may otherwise struggle to find suitable accommodation. Through their mission of serving this particular demographic, Greenwood Elderly Housing Inc plays a crucial role in addressing the housing needs of a vulnerable population, contributing to their well-being and quality of life.





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: $233
  • Program Service Revenue: $471,946
  • Gross Receipts: $472,179

    • Assets and Liabilities:
  • Total Assets: $460,741
  • Total Liabilities: $742,711
  • Net Assets: -$281,970
  • Programs

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

    HUD SUBSIDY RENTAL INC

    Revenue

    $321,899

    RENTAL AND OTHER INCOM

    Revenue

    $150,047

    Organization Details

    Founding Year

    1988

    Principal Officer

    Gerald Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Greenwood 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.