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Housing Now - Flaget Inc

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

EIN: 611073244 ✦ Germantown, TN ✦ Designated as a 501(c)(3)

Overview

What is Housing Now - Flaget Inc?

Housing Now - Flaget Inc is a nonprofit organization dedicated to providing affordable housing solutions for elderly individuals. Their primary focus lies in renting out low and moderate income properties, catering specifically to senior citizens and retirement communities. Their mission is to ensure that the elderly have access to safe and comfortable living spaces.


Is Housing Now - Flaget Inc legitimate?

Housing Now - Flaget Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Now - Flaget 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: $27,004

For more financial information, click here


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

Mission Statement of Housing Now - Flaget Inc

Housing Now - Flaget Inc, as a nonprofit organization, is dedicated to providing low-income rental housing for the elderly. Its primary mission is to cater to the housing needs of senior citizens, ensuring they have suitable living spaces. The organization operates with a focus on rental properties that are both affordable and appropriate for elderly individuals, often associated with retirement communities. By doing so, Housing Now - Flaget Inc plays a significant role in providing elderly individuals with a secure and comfortable living environment, thereby contributing to their overall well-being.

Impact

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




Saturday, July 20, 2024

Housing Now - Flaget Inc's impact is centered around providing low-income rental housing to the elderly in Germantown, TN. By focusing on senior citizens housing and retirement communities, this organization plays a crucial role in ensuring that elderly individuals have access to safe and affordable housing options. Through its programs, Housing Now - Flaget Inc helps address the housing needs of this vulnerable population, ultimately contributing to the well-being and quality of life of seniors 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: $119
  • Program Service Revenue: $941,784
  • Gross Receipts: $982,426

    • Assets and Liabilities:
  • Total Assets: $1,453,379
  • Total Liabilities: $2,224,164
  • Net Assets: -$770,785
  • Programs

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

    HUD SECTION 8 RECEIPTS

    Revenue

    $755,535

    TENANT RENTS & MISC.

    Revenue

    $186,249

    Organization Details

    Principal Officer

    Terry Johnson

    Main Address

    2171 JUDICIAL DRIVE SUITE 200, GERMANTOWN, TN, 38138

    NTEE Category

    Code: L22Z - Housing

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