Prince Of Peace Housing Inc

Prince Of Peace Villas

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

EIN: 593263124 ✦ Ormond beach, FL ✦ Designated as a 501(c)(3)

Overview

What is Prince Of Peace Housing Inc?

Prince of Peace Housing Inc., operating under the name Prince of Peace Villas, is a nonprofit organization situated in Ormond Beach, Florida. With a focus on providing affordable housing, the organization manages a HUD-subsidized apartment complex, catering specifically to very low-income elderly individuals. Their mission encompasses not just housing but also related services, ensuring the well-being of their residents. With a dedicated team of three employees, Prince of Peace Housing Inc. contributes to alleviating housing challenges in the community, providing a safe and supportive living environment for its elderly population.


Is Prince Of Peace Housing Inc legitimate?

Prince Of Peace Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prince Of Peace 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: $142,116

For more financial information, click here


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

Mission Statement of Prince Of Peace Housing Inc

Prince of Peace Housing Inc, as an organization, is dedicated to providing affordable housing and related services for very low-income elderly individuals. They own and manage a HUD-subsidized apartment complex, whose primary objective is to cater to this specific demographic. The complex, which comprises 69 residential apartments, is supported by various funding sources, including Section 202 of the National Housing Act and a HUD Section 202 PRAC rent subsidy. This housing complex is regulated by the HUD, ensuring that the elderly residents can affordably maintain their living standards.

Impact

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




Wednesday, July 24, 2024

Prince of Peace Housing Inc's impact is significant in providing affordable housing and related services to very low-income elderly individuals in Ormond Beach, Florida. Through its ownership of a HUD-subsidized apartment complex, the organization offers 69 residential apartments under Section 202 of the National Housing Act with HUD Section 202 PRAC rent subsidy. By ensuring these individuals have access to safe and affordable housing, Prince of Peace Housing Inc contributes to improving the quality of life and well-being of the elderly population 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 2023.

  • Investment Income: $1,154
  • Program Service Revenue: $252,271
  • Gross Receipts: $561,162

    • Assets and Liabilities:
  • Total Assets: $2,042,038
  • Total Liabilities: $106,042
  • Net Assets: $1,935,996
  • Programs

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

    TENANTS RENTS

    Revenue

    $252,271

    Organization Details

    Founding Year

    1995

    Principal Officer

    Harold L Bennett

    Main Address

    664 S NOVA RD, ORMOND BEACH, FL, 32174

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Prince Of Peace 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.