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Church Housing Assoc Of Prestonsbur

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

EIN: 610703077 ✦ Prestonsburg, KY ✦ Designated as a 501(c)(3)

Overview

What is Church Housing Assoc Of Prestonsbur?

Church Housing Assoc of Prestonsbur is a nonprofit organization situated in Prestonsburg, Kentucky. Their primary mission is to offer safe, decent, and affordable housing to families with low and very low income levels. They manage two separate housing sites, Highland Heights and Cliffside Apartments, providing homes for 72 and 93 families respectively. The U.S. Department of Housing and Urban Development (HUD) provides substantial monthly rent subsidies through the Housing Assistance Payment Program, covering 75% of the rent for eligible tenants, as per the information provided for the year ending June 30, 2023. With a workforce of 20 individuals, Church Housing Assoc of Prestonsbur strives to enhance living conditions for those in need.


Is Church Housing Assoc Of Prestonsbur legitimate?

Church Housing Assoc Of Prestonsbur is a legitimate nonprofit organization registered as a 501(c)(3) entity. Church Housing Assoc Of Prestonsbur 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: $256,777

For more financial information, click here


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

Mission Statement of Church Housing Assoc Of Prestonsbur

Church Housing Assoc of Prestonsbur is dedicated to providing safe, decent, and affordable housing for families who fall under the categories of extremely low, very low, and low income. This nonprofit organization, Church Housing of Prestonsburg Inc., is committed to fulfilling this mission by offering two separate program sites: Highland Heights and Cliffside Apartments. At Highland Heights, the association accommodates 72 families, while Cliffside Apartments houses 93 families. The U.S. Department of Housing and Urban Development (HUD) plays a crucial role in supporting this mission by offering monthly rent subsidies to eligible tenants through the Housing Assistance Payment Program. In the fiscal year ending on June 30, 2023, HUD provided 1,334,168 in rental subsidies, covering 75% of the cost. By offering secure, clean, and affordable housing, Church Housing Assoc of Prestonsbur contributes to the betterment of its community, ensuring that its most vulnerable residents have a stable and safe living environment.

Impact

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




Saturday, July 20, 2024

Church Housing Assoc Of Prestonsburg provides a significant impact by offering safe, decent, sanitary, and affordable housing to extremely low, very low, and low-income families in the Prestonsburg area. The organization operates two program sites, Highland Heights and Cliffside Apartments, providing housing for a total of 165 families. Through the Housing Assistance Payment Program subsidized by HUD, eligible tenants receive assistance with their monthly rents, totaling $1,334,168 in rental subsidies for the year ended June 30, 2023. This support plays a crucial role in addressing housing needs and improving the quality of life for the community's most vulnerable individuals and families.





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: $26,794
  • Program Service Revenue: $1,744,825
  • Gross Receipts: $1,771,619

    • Assets and Liabilities:
  • Total Assets: $2,611,639
  • Total Liabilities: $3,187,157
  • Net Assets: -$575,518
  • Programs

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

    LOW RENT HOUSING

    Revenue

    $1,701,436

    TENANT CHARGES

    Revenue

    $24,958

    LAUNDRY AND VENDING

    Revenue

    $18,238

    MISCELLANEOUS

    Revenue

    $193

    Organization Details

    Founding Year

    1968

    Principal Officer

    Jody Collins

    Main Address

    34 MAYS BRANCH, PRESTONSBURG, KY, 41653

    NTEE Category

    Code: L200 - Housing

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