Overview
What is Peace Dale United Church Housing Inc?
Peace Dale United Church Housing Inc, located at 1221 Saugatucket Road, Peace Dale, RI 02883, is a dedicated nonprofit organization that focuses on providing housing solutions for low-income and elderly individuals. They manage 99 units of housing under the supervision of the U.S. Department of Housing and Urban Development (HUD). Their mission aligns with sections 8 and 223(F) of the National Housing Act, aiming to ensure access to affordable housing for a significant portion of the population. The nonprofit is operated by a team of eight dedicated individuals, who work tirelessly to uphold their commitment to housing for individuals with limited financial resources.
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Is Peace Dale United Church Housing Inc legitimate?
Peace Dale United Church Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peace Dale United Church Housing 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:
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Other Salaries and Wages: $411,060
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Official website here: www.none
What is the mission statement of Peace Dale United Church Housing Inc?
Peace Dale United Church Housing Inc's mission is centered around providing housing for individuals with moderate and low income. This is carried out under sections 8 and 223(F) of the National Housing Act, overseen by HUD. The organization's primary activity involves the provision of 99 housing units to eligible low-income tenants, with costs covered by HUD-insured mortgages. Peace Dale United Church Housing Inc is committed to making affordable housing a reality for this vulnerable population, thereby contributing to a more equitable living environment.
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What is the revenue of Peace Dale United Church Housing Inc?
Peace Dale United Church Housing Inc's revenue in 2024 was $1,836,830.
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Who are the executives of Peace Dale United Church Housing Inc and what are their salaries?
The average compensation at Peace Dale United Church Housing Inc during 2024 was $68,510. There are 6 employees and 11 volunteers at Peace Dale United Church Housing Inc.
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Peace Dale United Church Housing Inc
Peace Dale United Church Housing Inc, as a nonprofit organization, is dedicated to providing housing solutions for individuals and families with low to moderate incomes. This mission is carried out under the provisions of Sections 8 and 223(F) of the National Housing Act, which are administered by the U.S. Department of Housing and Urban Development (HUD). The organization's primary goal is to offer housing to these income-eligible individuals, ensuring they have a safe and secure place to live. The cost of providing this housing is covered through HUD-insured mortgages, which Peace Dale United Church Housing Inc manages effectively. This commitment to affordable housing is a significant contribution to the community, ensuring that a diverse range of individuals can access suitable living arrangements.
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Impact
July, 2024
Peace Dale United Church Housing Inc's impact is providing affordable housing to low-income and elderly individuals in Peace Dale, RI. This organization incurs costs in connection with the provision of 99 units of housing to low-income tenants under HUD-insured mortgages. Through its mission of offering housing to low and moderate-income persons under Sections 8 and 223(f) of the National Housing Act as administered by HUD, Peace Dale United Church Housing Inc plays a crucial role in addressing the housing needs of vulnerable populations in the community.
This information is meant to be a general summary of Peace Dale United Church Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $765
- Program Service Revenue: $1,821,609
- Gross Receipts: $1,836,830
Assets and Liabilities:
- Total Assets: $3,041,214
- Total Liabilities: $2,678,615
- Net Assets: $362,599
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD RENTAL SUBSIDIES
Revenue
$1,264,697
TENANT RENTS
Revenue
$556,912
Organization Details
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