Overview
What is Corinna Housing Corporation?
Corinna Housing Corporation is a nonprofit organization committed to addressing the housing needs of the elderly with low income. Their primary mission involves developing, constructing, and managing housing units specifically tailored for this demographic. Currently, they manage 24 such units, demonstrating their dedication to providing affordable living spaces for this vulnerable population.
Is Corinna Housing Corporation legitimate?
Corinna Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Corinna Housing 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,191
For more financial information, click here
What is the mission statement of Corinna Housing Corporation?
Corinna Housing Corporation is dedicated to providing low-income housing, with a particular focus on the elderly population. Their mission is accomplished through the development, construction, and management of housing units. Currently, they offer 24 units specifically designed for this demographic, demonstrating their commitment to meeting the housing needs of those with limited resources.
What is the revenue of Corinna Housing Corporation?
Corinna Housing Corporation's revenue in 2023 was $270,867.
Who are the executives of Corinna Housing Corporation and what are their salaries?
The average compensation at Corinna Housing Corporation during 2023 was $16,191. There is 1 employee at Corinna Housing Corporation.
Here are 9 key members and their salaries:
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- Compensation: $28,664
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Where can I find the form 990 for Corinna Housing Corporation?
Corinna Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Corinna Housing Corporation
Corinna Housing Corporation is an organization dedicated to providing low-income housing. Their mission is crystal clear: to develop, construct, and manage housing units specifically designed for the elderly. With a strong commitment to this demographic, Corinna Housing Corporation currently offers 24 units to cater to their needs. The corporation's work is instrumental in ensuring that elderly individuals have access to secure and affordable housing, thereby enhancing their overall quality of life.
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Impact
October, 2024
Corinna Housing Corporation plays a vital role in addressing housing needs for low-income individuals and families in Corinna, ME, particularly focusing on the elderly population. By developing, constructing, and managing affordable housing units, the organization ensures that individuals who may otherwise struggle to secure stable housing have access to safe and suitable living environments. With 24 dedicated units for the elderly, Corinna Housing Corporation significantly contributes to the well-being and quality of life of older residents, helping them maintain their independence while accessing the support they may need. The corporation's efforts not only alleviate housing insecurity but also foster a sense of community and belonging among its residents, creating a more inclusive and supportive environment in the region.
This information is meant to be a general summary of Corinna Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $237
- Program Service Revenue: $263,839
- Gross Receipts: $270,867
Assets and Liabilities:
- Total Assets: $1,109,889
- Total Liabilities: $841,586
- Net Assets: $268,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSIDY RENT
Revenue
$132,746
TENANT RENT
Revenue
$131,093
Organization Details
Founding Year
1975
Principal Officer
William Gallagher
NTEE Category
Code: L22 - Housing
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