nonprofit logo

Daytona Beach Elderly Housing Inc

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

EIN: 581894619 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Daytona Beach Elderly Housing Inc?

Daytona Beach Elderly Housing Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary mission is to provide and manage an apartment complex for low-income elderly individuals, adhering to the guidelines set by the Department of Housing and Urban Development. The organization operates under Section 202 of the National Housing Act, owning and managing a rental property specifically designed for this target demographic. Their goal is to offer a safe and suitable living environment for this specific group, contributing to their well-being and ensuring their housing needs are met.


Is Daytona Beach Elderly Housing Inc legitimate?

Daytona Beach Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daytona Beach 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: $160,128

For more financial information, click here


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

Mission Statement of Daytona Beach Elderly Housing Inc

Daytona Beach Elderly Housing Inc, as a nonprofit organization, is dedicated to providing a rental housing facility for low-income elderly individuals. Aligning with Section 202 of the National Housing Act, this organization operates with the primary mission of owning and managing an apartment complex specifically designed for the elderly population. This mission is carried out with a meticulous adherence to the regulations set forth by the Department of Housing and Urban Development, ensuring the apartment complex caters to the unique needs of its elderly residents. The operation and maintenance of this senior living complex are central to Daytona Beach Elderly Housing Inc's mission, aiming to provide a secure and comfortable living environment for its elderly residents.

Impact

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




Saturday, July 20, 2024

Daytona Beach Elderly Housing Inc's impact lies in providing essential housing services for low-income elderly individuals. By owning and operating a rental housing property under Section 202 of the National Housing Act, this organization plays a crucial role in ensuring that elderly persons have access to affordable and suitable housing. Their mission to cater to the housing needs of this vulnerable population demonstrates a commitment to improving the quality of life for low-income elderly individuals. Through the operation and maintenance of an apartment complex in accordance with HUD requirements, Daytona Beach Elderly Housing Inc directly contributes to addressing the housing challenges faced by elderly persons 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: $196
  • Program Service Revenue: $919,140
  • Gross Receipts: $922,510

    • Assets and Liabilities:
  • Total Assets: $2,422,365
  • Total Liabilities: $102,920
  • Net Assets: $2,319,445
  • Programs

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

    HUD SUBSIDY RENTAL INC

    Revenue

    $919,105

    TENANT CHARGES

    Revenue

    $35

    Organization Details

    Founding Year

    1990

    Principal Officer

    Gerald E Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Daytona Beach 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.