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East Tennessee Homes For Elderly

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

EIN: 581933685 ✦ Morristown, TN ✦ Designated as a 501(c)(3)

Overview

What is East Tennessee Homes For Elderly?

East Tennessee Homes for Elderly is a nonprofit organization situated in Morristown, Tennessee. Their primary focus is to provide housing for low-income elderly or handicapped individuals, adhering to regulations set by the U.S. Department of Housing and Urban Development (HUD) in terms of rent charges and operational methods. They manage a complex with 40 rental units dedicated to this purpose, under Section 202 of the National Housing Act. The organization's mission is to ensure convenient living arrangements for this vulnerable demographic, enhancing their quality of life.


Is East Tennessee Homes For Elderly legitimate?

East Tennessee Homes For Elderly is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Tennessee Homes For Elderly 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 East Tennessee Homes For Elderly?
Who is the CEO of East Tennessee Homes For Elderly?
What is the revenue of East Tennessee Homes For Elderly?
Who are the executives of East Tennessee Homes For Elderly and what are their salaries?
Where can I find the form 990 for East Tennessee Homes For Elderly?

Mission Statement of East Tennessee Homes For Elderly

East Tennessee Homes for Elderly is a nonprofit organization dedicated to providing housing solutions for low-income elderly or handicapped individuals. In line with its mission, it operates under Section 202 of the National Housing Act, offering a total of 40 rental units. The organization is regulated by the HUD, ensuring that the rental charges and operating methods adhere to specific standards. By providing affordable housing, East Tennessee Homes for Elderly aims to contribute to the well-being and independence of its tenants, offering them a secure living environment.

Impact

This information is meant to be a general summary of East Tennessee Homes For Elderly. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

East Tennessee Homes For Elderly has a significant impact on the community by providing essential housing services to low-income elderly or handicapped individuals in Morristown, Tennessee. This organization offers a crucial lifeline to those in need, ensuring that vulnerable members of society have a safe and affordable place to live. With 40 rental units in their complex, East Tennessee Homes For Elderly plays a vital role in addressing the housing needs of this specific demographic. Through their commitment to offering housing under Section 202 of the National Housing Act, they contribute to enhancing the quality of life for those they serve.





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: $75
  • Program Service Revenue: $226,062
  • Gross Receipts: $474,314

    • Assets and Liabilities:
  • Total Assets: $1,878,512
  • Total Liabilities: $2,924,212
  • Net Assets: -$1,045,700
  • Programs

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

    RENTAL INCOME

    Revenue

    $220,993

    TENANT CHARGES

    Revenue

    $2,307

    LAUNDRY & VENDING INCO

    Revenue

    $2,150

    SERVICE COORDINATOR GR

    Revenue

    $612

    Organization Details

    Founding Year

    1987

    Principal Officer

    Kay Hale

    Main Address

    PO BOX 1218, MORRISTOWN, TN, 378161218

    NTEE Category

    Code: L220 - Housing

    If you are a representative of East Tennessee Homes For Elderly 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.