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Decatur Housing Development Corporation

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

EIN: 630831994 ✦ Decatur, AL ✦ Designated as a 501(c)(3)

Overview

What is Decatur Housing Development Corporation?

Decatur Housing Development Corporation, situated in Decatur, Alabama, is a dedicated nonprofit organization that focuses on housing development and management. Their primary objective is to cater to the housing needs of individuals with limited income. By offering low-income housing options, this nonprofit aims to contribute positively to the local community by ensuring that everyone has access to a suitable living environment.


Is Decatur Housing Development Corporation legitimate?

Decatur Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Decatur Housing Development Corporation 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: $65,807

For more financial information, click here


What is the mission statement of Decatur Housing Development Corporation?
Who is the CEO of Decatur Housing Development Corporation?
What is the revenue of Decatur Housing Development Corporation?
Who are the executives of Decatur Housing Development Corporation and what are their salaries?
Where can I find the form 990 for Decatur Housing Development Corporation?

Mission Statement of Decatur Housing Development Corporation

Decatur Housing Development Corporation, as a nonprofit organization, is committed to providing low-income housing. Their mission, in simple terms, is to make a significant impact on the community by offering housing solutions to individuals who fall under the low-income bracket. This mission is not just about constructing or managing buildings, but it encompasses a broader scope of ensuring that everyone has access to a decent living space, regardless of their financial situation. By focusing on low-income housing, Decatur Housing Development Corporation contributes to the overall well-being of its community, providing a fundamental need that many individuals may struggle to secure on their own.

Impact

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




Wednesday, July 24, 2024

Decatur Housing Development Corporation plays a crucial role in providing low-income housing in Decatur, Alabama. Through its mission to ensure affordable housing options for those in need, this organization has a significant impact on the community by addressing housing insecurity and improving the quality of life for individuals and families facing financial challenges. Decatur Housing Development Corporation's efforts contribute to creating a more stable and supportive environment for low-income residents, ultimately helping them thrive and break the cycle of poverty.





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: $75,133
  • Program Service Revenue: $452,941
  • Gross Receipts: $634,070

    • Assets and Liabilities:
  • Total Assets: $4,219,133
  • Total Liabilities: $187,014
  • Net Assets: $4,032,119
  • Programs

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

    RENTAL INCOME

    Revenue

    $452,941

    Organization Details

    Founding Year

    1982

    Principal Officer

    Miles Wright

    Main Address

    PO BOX 878, DECATUR, AL, 35602

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Decatur Housing Development Corporation 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.