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Vero Beach Elderly Housing Inc

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

EIN: 582190404 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Vero Beach Elderly Housing Inc?

Vero Beach Elderly Housing Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary mission, as outlined by the National Housing Act, is to provide and manage rental housing for low-income elderly individuals. They adhere to the guidelines set by the Department of Housing and Urban Development, ensuring that their apartment complex provides a suitable living environment for their elderly residents. The organization's operations aim to uphold the dignity and well-being of its elderly residents, offering them a secure and supportive living situation.


Is Vero Beach Elderly Housing Inc legitimate?

Vero Beach Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vero 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: $119,905

For more financial information, click here


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

Mission Statement of Vero Beach Elderly Housing Inc

Vero Beach Elderly Housing Inc, as a nonprofit organization, is dedicated to a specific mission. Their primary objective is to own and manage a rental housing property, catering to the needs of low-income elderly individuals. This mission is aligned with Section 202 of the National Housing Act. In essence, Vero Beach Elderly Housing Inc seeks to provide a secure living environment for elderly individuals who are financially disadvantaged, ensuring they can maintain their independence and dignity. The organization's operations are regulated by the Department of Housing and Urban Development, ensuring the apartment complex it manages adheres to stringent standards, providing a safe and comfortable living space for its residents.

Impact

This information is meant to be a general summary of Vero Beach 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

Vero Beach Elderly Housing Inc's impact is enhancing the quality of life for low-income elderly persons by providing affordable housing through the operation and maintenance of an apartment complex. This initiative helps address the housing needs of a vulnerable population, ensuring they have a safe and stable place to live. This not only supports the well-being of the elderly residents but also contributes to creating a community that values and supports its aging population.





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: $120
  • Program Service Revenue: $683,826
  • Gross Receipts: $686,761

    • Assets and Liabilities:
  • Total Assets: $3,058,353
  • Total Liabilities: $85,466
  • Net Assets: $2,972,887
  • Programs

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

    HUD SUBSIDY RENTAL INC

    Revenue

    $674,803

    TENANT CHARGES

    Revenue

    $9,023

    Organization Details

    Founding Year

    1995

    Principal Officer

    Gerald E Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L22 - Housing

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