Overview
What is Corinth Housing Corporation?
Corinth Housing Corporation, situated in Stetson, Maine, is a dedicated nonprofit organization that specializes in housing development and management. Their primary mission is to cater to the needs of individuals with a low income, aiming to provide them with suitable housing solutions. This nonprofit organization plays a crucial role in the Stetson community, focusing on this specific social issue and working tirelessly to make a difference.
Is Corinth Housing Corporation legitimate?
Corinth Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Corinth 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:
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Other Salaries and Wages: $12,160
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What is the mission statement of Corinth Housing Corporation?
Corinth Housing Corporation is dedicated to providing housing solutions for individuals with limited income. As a housing development or management nonprofit, their mission focuses on promoting affordable living opportunities. They strive to meet the housing needs of their community by offering low-income housing options. The organization's activities are centered around this mission, aiming to make housing accessible and affordable for those who require it. The corporation's work is an essential contribution to ensuring that individuals have a stable living environment, regardless of their financial situation.
Who is the CEO of Corinth Housing Corporation?
Charles Martin is the President of Corinth Housing Corporation.
What is the revenue of Corinth Housing Corporation?
Corinth Housing Corporation's revenue in 2022 was $229,208.
Who are the executives of Corinth Housing Corporation and what are their salaries?
The average compensation at Corinth Housing Corporation during 2022 was $6,080. There are 2 employees at Corinth Housing Corporation.
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- Compensation: $14,162
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Where can I find the form 990 for Corinth Housing Corporation?
Corinth Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corinth Housing Corporation
Corinth Housing Corporation is a dedicated nonprofit organization with a mission focused on providing low-income housing. Their primary objective is to create and manage housing solutions for individuals and families who are financially challenged. By prioritizing affordable housing, Corinth Housing Corporation strives to make a significant impact in the lives of those in need, offering them a stable living environment. The organization's mission is rooted in the belief that everyone deserves a safe and comfortable place to call home, regardless of their financial situation.
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Impact
October, 2024
Corinth Housing Corporation plays a crucial role in addressing housing needs within the community of Stetson, Maine, by providing affordable housing options for low-income individuals and families. By focusing on low-income housing development and management, the organization helps ensure that vulnerable populations have access to safe, stable, and quality living environments.
This impact extends beyond just housing; it fosters community stability and enhances the quality of life for residents. Access to affordable housing can contribute to better health outcomes, increased educational opportunities, and greater economic security for families. By alleviating the burden of housing costs, Corinth Housing Corporation enables residents to allocate more resources toward essential needs such as food, healthcare, and education.
Additionally, the organization plays an important role in promoting social equity by working to reduce homelessness and housing insecurity, ultimately contributing to a more inclusive and resilient community. Through their efforts, Corinth Housing Corporation supports not only individuals and families in need but also strengthens the fabric of the entire Stetson community.
This information is meant to be a general summary of Corinth 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 2022.
- Investment Income: $457
- Program Service Revenue: $226,436
- Gross Receipts: $229,208
Assets and Liabilities:
- Total Assets: $555,880
- Total Liabilities: $102,452
- Net Assets: $453,428
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD SUBSIDY RENT
Revenue
$122,378
TENANT RENT
Revenue
$104,058
Organization Details
Founding Year
1977
Phone
(207) 296-2106Principal Officer
Charles Martin
Main Address
PO BOX 71, STETSON, ME, 04488
NTEE Category
Code: L20 - Housing
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