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Phase Housing Corporation Inc

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

EIN: 834412873 ✦ Alpharetta, GA ✦ Designated as a 501(c)(3)

Overview

What is Phase Housing Corporation Inc?

Phase Housing Corporation Inc, based in Alpharetta, Georgia, is a nonprofit organization with a mission to promote affordable housing for low-income individuals and families. Situated at 4920 Atlanta Hwy 345, they operate 200 rental units under the name Christian Manor Apartments, specifically catering to the elderly population with low income. Their primary objective is to ensure that decent, safe, and quality housing is accessible to moderate, low, and very low-income individuals, thereby fostering a sense of community and security.


Is Phase Housing Corporation Inc legitimate?

Phase Housing Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phase Housing Corporation 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: $149,509

For more financial information, click here


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

Mission Statement of Phase Housing Corporation Inc

Phase Housing Corporation Inc is committed to advancing low-income housing by offering secure, decent, and high-quality living spaces that are financially accessible to moderate, low, and very low-income individuals and families. Their mission is to provide such housing, ensuring that those in need have a suitable place to call home. This is achieved through the operation of Christian Manor Apartments, a complex consisting of 200 rental units specifically designed for low-income elderly people. The corporation's efforts contribute significantly to enhancing the living conditions of those who may otherwise struggle to secure affordable housing.

Impact

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




Saturday, July 20, 2024

Phase Housing Corporation Inc has a significant impact on the community by providing safe, decent, and affordable housing options for moderate, low, and very low-income individuals and families. Through their Christian Manor Apartments, they offer a total of 200 rental units specifically designed for low-income elderly residents in Alpharetta, Georgia. By addressing the critical need for affordable housing, Phase Housing Corporation Inc contributes to enhancing the quality of life for vulnerable populations and promoting sustainable community development.





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 2021.

  • Investment Income: $0
  • Program Service Revenue: $1,260,025
  • Gross Receipts: $1,266,005

    • Assets and Liabilities:
  • Total Assets: $3,049,412
  • Total Liabilities: $3,398,095
  • Net Assets: -$348,683
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,257,971

    LAUNDRY REVENUE

    Revenue

    $2,054

    Organization Details

    Founding Year

    2019

    Principal Officer

    Paul Ponte

    Main Address

    4920 ATLANTA HWY 345, ALPHARETTA, GA, 30004

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Phase Housing Corporation 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.