Overview
What is Poinsett House Senior Housing Corporation?
Poinsett House Senior Housing Corporation is a nonprofit organization situated in Spartanburg, South Carolina. Their primary mission is to offer high-quality, affordable housing to low-income elderly individuals, specifically those aged 62 and above. This housing project, consisting of 45 units, ensures rent is calculated based on each resident's income. By providing such living accommodations, this nonprofit organization aims to enhance the livelihood of senior citizens who may otherwise struggle with housing costs.
Official website here: www.pcasp.org
Is Poinsett House Senior Housing Corporation legitimate?
Poinsett House Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poinsett House Senior 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.
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Other Salaries and Wages: $31,790
For more financial information, click here
Official website here: www.pcasp.org
What is the mission statement of Poinsett House Senior Housing Corporation?
The Poinsett House Senior Housing Corporation is committed to providing high-quality, affordable housing for low-income elderly residents aged 62 and above. Their mission is primarily focused on this objective, ensuring that eligible individuals have access to suitable living spaces. The housing project, comprising 45 units, offers rent that is determined by the residents' income level.
Official website here: www.pcasp.org
What is the revenue of Poinsett House Senior Housing Corporation?
Poinsett House Senior Housing Corporation's revenue in 2023 was $227,623.
Official website here: www.pcasp.org
Who are the executives of Poinsett House Senior Housing Corporation and what are their salaries?
Here are 16 key members and their salaries:
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- Related: $131,091
- Other: $5,389
Official website here: www.pcasp.org
Where can I find the form 990 for Poinsett House Senior Housing Corporation?
Poinsett House Senior Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pcasp.org
Learn more at the official website: www.pcasp.org
Mission Statement of Poinsett House Senior Housing Corporation
Poinsett House Senior Housing Corporation is committed to providing high-quality, affordable housing for low-income elderly residents age 62 and above. Their mission is centered around ensuring that elderly individuals have access to decent living spaces that cater to their needs. The housing project, comprising 45 units, operates on a rental basis that is determined by each resident's income. The corporation's objective is to create a living environment that is both comfortable and affordable for its elderly residents.
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Impact
October, 2024
Poinsett House Senior Housing Corporation has a significant impact on the community by providing quality, affordable housing specifically designed for low-income elderly residents aged 62 and older. The facility consists of 45 units, ensuring that elderly individuals have access to safe and comfortable living spaces. By basing rent on income, Poinsett House makes it feasible for seniors, who often rely on fixed incomes, to maintain their independence while ensuring that housing costs remain manageable. This initiative not only addresses the immediate need for affordable housing but also fosters a supportive community environment for its residents in Spartanburg, SC. Ultimately, Poinsett House contributes to the well-being and dignity of elderly individuals, enhancing their quality of life and enabling them to thrive in their golden years.
This information is meant to be a general summary of Poinsett House Senior 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: $10
- Program Service Revenue: $163,393
- Gross Receipts: $227,623
Assets and Liabilities:
- Total Assets: $1,983,221
- Total Liabilities: $3,030,014
- Net Assets: -$1,046,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$162,130
LAUNDRY AND VENDING RE
Revenue
$1,263
Organization Details
Founding Year
2002
Principal Officer
Cynthia Lounds
Website
www.pcasp.orgNTEE Category
Code: L21 - Housing
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