Old Vineyard Street Residents' Association Inc

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

EIN: 990191962 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

Overview

What is Old Vineyard Street Residents' Association Inc?

Old Vineyard Street Residents' Association Inc is a nonprofit organization situated at 50 S Beretania Street C-101, Honolulu, HI 96813. Their primary mission is to provide housing accommodations for individuals and families with low to moderate incomes. They achieve this by renting out 32 units, and the rental income is subsidized through Housing Assistance Payments provided by the U.S. Department of Housing and Urban Development (HUD) on behalf of the tenants, under the Federal Section 8 Housing Assistance Payment Contract. This arrangement allows the nonprofit to offer affordable housing options to those in need.


Is Old Vineyard Street Residents' Association Inc legitimate?

Old Vineyard Street Residents' Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Vineyard Street Residents' Association 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: $0

For more financial information, click here


What is the mission statement of Old Vineyard Street Residents' Association Inc?
Who is the CEO of Old Vineyard Street Residents' Association Inc?
What is the revenue of Old Vineyard Street Residents' Association Inc?
Who are the executives of Old Vineyard Street Residents' Association Inc and what are their salaries?
Where can I find the form 990 for Old Vineyard Street Residents' Association Inc?

Mission Statement of Old Vineyard Street Residents' Association Inc

Old Vineyard Street Residents' Association Inc is dedicated to providing housing solutions for individuals and families with low to moderate incomes. The primary objective of this nonprofit organization is to offer housing options, ensuring that those who fall under this income bracket have a place to call home. To accomplish this mission, Old Vineyard Street Residents' Association Inc generates rental income from the 32 units they rent out. This income is substantially aided by Housing Assistance Payment Subsidies, which are funded by the U.S. Department of Housing and Urban Development (HUD) on behalf of the tenants. By doing so, the organization is able to keep the rent affordable for the low and moderate income individuals and families residing in these units, under the Federal Section 8 Housing Assistance Payment Contract.

Impact

This information is meant to be a general summary of Old Vineyard Street Residents' Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Old Vineyard Street Residents' Association Inc's impact lies in providing affordable housing for low and moderate-income individuals and families in Honolulu, Hawaii. Through the rental of 32 units, this organization ensures that those in need have a place to call home. By subsidizing rental income with Housing Assistance Payment subsidies from the U.S. Department of Housing and Urban Development under the Federal Section 8 program, they are able to make housing more accessible for their tenants. This crucial support helps to address housing insecurity and contribute to the overall well-being of 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: $59
  • Program Service Revenue: $523,845
  • Gross Receipts: $528,793

    • Assets and Liabilities:
  • Total Assets: $945,639
  • Total Liabilities: $34,082
  • Net Assets: $911,557
  • Programs

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

    RENTAL INCOME

    Revenue

    $523,845

    Organization Details

    Founding Year

    1974

    Principal Officer

    Akihiko Sinoto

    Main Address

    50 S BERETANIA STREET C-101, HONOLULU, HI, 96813

    NTEE Category

    Code: L50 - Housing

    If you are a representative of Old Vineyard Street Residents' Association 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.