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Gulf Coast Housing Initiative Inc

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

EIN: 020812143 ✦ Biloxi, MS ✦ Designated as a 501(c)(3)

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Overview

What is Gulf Coast Housing Initiative Inc?

Gulf Coast Housing Initiative Inc, located in Biloxi, Mississippi, is a nonprofit organization with a mission to provide affordable, safe, and dignified housing opportunities and services to low and moderate income individuals and families residing on the Mississippi Gulf Coast. To accomplish this, the initiative acquires properties for rehabilitation and subsequently sells them to eligible homebuyers. With a small workforce of only two employees, the organization is dedicated to improving living conditions and fostering a sense of community in the region.


Official website here: www.thebackbaymission.org

Is Gulf Coast Housing Initiative Inc legitimate?

Gulf Coast Housing Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Coast Housing Initiative 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,390

For more financial information, click here


Official website here: www.thebackbaymission.org

What is the mission statement of Gulf Coast Housing Initiative Inc?

The Gulf Coast Housing Initiative Inc has a mission to provide affordable, safe, and dignified housing opportunities and services to individuals and families with low to moderate income residing on the Mississippi Gulf Coast. This non-profit organization strives to fulfill this mission by managing housing for homeless veterans and acquiring properties for rehabilitation, eventually selling them to eligible homebuyers. The Gulf Coast Housing Initiative Inc aims to contribute to the well-being of its community by providing decent living conditions and fostering a sense of dignity for its beneficiaries.


Official website here: www.thebackbaymission.org

Who is the CEO of Gulf Coast Housing Initiative Inc?

Craig Steenkamp is the Board Member of Gulf Coast Housing Initiative Inc.


Official website here: www.thebackbaymission.org

What is the revenue of Gulf Coast Housing Initiative Inc?

Gulf Coast Housing Initiative Inc's revenue in 2022 was $401,205.


Official website here: www.thebackbaymission.org

Who are the executives of Gulf Coast Housing Initiative Inc and what are their salaries?

The average compensation at Gulf Coast Housing Initiative Inc during 2022 was $3,195. There are 2 employees and 108 volunteers at Gulf Coast Housing Initiative Inc.


Here are 11 key members and their salaries:


Cristal Hunt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Velma Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Levine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Marsh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Omara (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allytra Perryman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tracy Daniel-Hardy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Snow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jakavious Pickett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev James Pennington (Corporate Pr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Steenkamp (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thebackbaymission.org

Where can I find the form 990 for Gulf Coast Housing Initiative Inc?

Gulf Coast Housing Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thebackbaymission.org

Learn more at the official website: www.thebackbaymission.org

Mission Statement of Gulf Coast Housing Initiative Inc

Gulf Coast Housing Initiative Inc, a nonprofit organization, is dedicated to providing affordable, safe, and dignified housing opportunities and services to low and moderate-income individuals and families residing on the Mississippi Gulf Coast. The primary mission of this nonprofit is to create a housing ecosystem that caters to the needs of its target population, ensuring they can live with dignity and security.

To accomplish this mission, Gulf Coast Housing Initiative Inc engages in various activities. One of its key initiatives involves managing housing for homeless veterans, offering them a stable living environment. Additionally, the organization acquires properties that undergo rehabilitation, transforming them into homes suitable for purchase by low and moderate-income homebuyers. By providing these housing opportunities, Gulf Coast Housing Initiative Inc plays a significant role in improving the living conditions of its community members, enabling them to lead more stable and fulfilling lives.

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Impact




October, 2024

Gulf Coast Housing Initiative Inc significantly impacts the Mississippi Gulf Coast by addressing the critical need for affordable, safe, and dignified housing for low and moderate-income individuals and families. By managing housing specifically for homeless veterans, the organization provides essential support to a vulnerable population, helping them regain stability and a sense of community.

The initiative focuses on the acquisition and rehabilitation of properties, transforming them into viable housing options for families and individuals who might otherwise struggle to find suitable accommodations. This not only fosters homeownership among low and moderate-income households but also revitalizes neighborhoods, contributing to the overall social and economic health of the region.

Through these efforts, Gulf Coast Housing Initiative Inc promotes housing equity, reduces homelessness, and supports community development, positively influencing the quality of life for many residents in Biloxi and the surrounding areas.




This information is meant to be a general summary of Gulf Coast Housing Initiative Inc. 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.

Revenue
$401,205 (2022)
Expenses
$444,353 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $55
  • Program Service Revenue: $382,385
  • Gross Receipts: $405,345

Assets and Liabilities:

  • Total Assets: $413,622
  • Total Liabilities: $2,996
  • Net Assets: $410,626

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Programs

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

PROGRAM HOME SALES

Revenue

$375,760

HOMEPORT MANAGEMENT FEES

Revenue

$6,625

Organization Details

Founding Year

2007

Principal Officer

Craig Steenkamp

Main Address

1012 DIVISION STREET, BILOXI, MS, 39530

NTEE Category

Code: L21 - Housing

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