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Tennessee Housing Development Corporation

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

EIN: 742891327 ✦ Jackson, TN ✦ Designated as a 501(c)(3)

Overview

What is Tennessee Housing Development Corporation?

Tennessee Housing Development Corporation, located at 125 Preston Street, Jackson, TN 38301, is a dedicated nonprofit organization. Its primary mission is to procure necessary resources for the development of affordable housing opportunities for low-income citizens. By continuing its efforts, the corporation aims to contribute positively to the housing landscape within the community, ensuring accessibility and affordability for those in need.


Official website here: www.jacksonha.com

Is Tennessee Housing Development Corporation legitimate?

Tennessee Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee 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: $0

For more financial information, click here


Official website here: www.jacksonha.com

What is the mission statement of Tennessee Housing Development Corporation?

Tennessee Housing Development Corporation aims to secure necessary resources to continue its mission of constructing affordable housing for low-income citizens. The organization's primary goal is to provide affordable housing solutions, demonstrating a commitment to supporting individuals with limited financial means. The corporation actively seeks resources to sustain its initiatives, ensuring the continuation of its affordable housing development projects.


Official website here: www.jacksonha.com

Who is the CEO of Tennessee Housing Development Corporation?

Mark Reid is the Chairman of Tennessee Housing Development Corporation.


Official website here: www.jacksonha.com

What is the revenue of Tennessee Housing Development Corporation?

Tennessee Housing Development Corporation's revenue in 2022 was $2,108,680.


Official website here: www.jacksonha.com

Who are the executives of Tennessee Housing Development Corporation and what are their salaries?

Here are 3 key members and their salaries:

    Mark Reid (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $129,478
  • Other: $0

    • Jo Alred (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Veronica Love (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jacksonha.com

    Where can I find the form 990 for Tennessee Housing Development Corporation?

    The Tennessee Housing Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.jacksonha.com

    Learn more at the official website: www.jacksonha.com

    Mission Statement of Tennessee Housing Development Corporation

    Tennessee Housing Development Corporation endeavors to secure necessary resources to persistently develop affordable housing options for low-income citizens. This mission-driven organization is dedicated to addressing the housing needs of economically disadvantaged individuals, aiming to ensure they have access to suitable living spaces. By pursuing this objective, Tennessee Housing Development Corporation contributes significantly to the well-being and overall improvement of the communities it serves.

    Impact

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




    Saturday, July 20, 2024

    Tennessee Housing Development Corporation's impact is focused on developing affordable housing for low-income citizens in Tennessee. They work diligently to secure resources that allow for the creation of housing options that are accessible to those in need. Through their mission, Tennessee Housing Development Corporation plays a crucial role in addressing the housing challenges faced by low-income individuals and families in the state. Their efforts contribute to the improvement of housing stability and quality of life for many individuals and communities in Tennessee.





    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: $12,035
  • Program Service Revenue: $231,247
  • Gross Receipts: $2,108,680

    • Assets and Liabilities:
  • Total Assets: $9,291,934
  • Total Liabilities: $464,079
  • Net Assets: $8,827,855
  • Programs

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

    DEVELOPER FEES

    Revenue

    $211,502

    MANAGEMENT FEES

    Revenue

    $19,745

    Organization Details

    Founding Year

    1998

    Principal Officer

    Mark Reid

    Main Address

    125 PRESTON STREET, JACKSON, TN, 38301

    NTEE Category

    Code: L21 - Housing

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