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Aurora Homes Inc

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

EIN: 113802048 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Aurora Homes Inc?

Aurora Homes Inc, established in December 2006, is a nonprofit organization situated in Rockville, Maryland. Its primary mission, as per the National Affordable Housing Act, is to provide affordable housing for individuals with disabilities. Funded by the U.S. Department of Housing and Urban Development (HUD) under Section 811, Aurora Homes Inc has constructed and operates eight housing units that cater to this specific population. The organization is regulated by HUD, ensuring the maintenance of reasonable rent charges and operating methods.

Is Aurora Homes Inc legitimate?

Aurora Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aurora Homes 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: $0

For more financial information, click here

What is the mission statement of Aurora Homes Inc?

Aurora Homes Inc, established in 2006, is dedicated to providing affordable housing for individuals with disabilities. This mission aligns with Section 811 of the National Affordable Housing Act. The organization constructs and operates housing facilities, financed by the U.S. Department of Housing and Urban Development (HUD), with a current count of eight units. HUD regulates these entities, ensuring reasonable rental charges and operational methods, to cater to the housing needs of disabled individuals.

Who is the CEO of Aurora Homes Inc?

Susanne Sinclair-Smith is the Ceo of Aurora Homes Inc. The CEO's salary of Aurora Homes Inc is $0 and their total compensation is $180,987.

What is the revenue of Aurora Homes Inc?

Aurora Homes Inc's revenue in 2022 was $85,330.

Who are the executives of Aurora Homes Inc and what are their salaries?

There 5 volunteers at Aurora Homes Inc.


Here are 5 key members and their salaries (Aurora Homes Inc's CEO's salary is $0 and their total compensation is $180,987):


Susanne Sinclair-Smith (Ceo)
  • Compensation: $0
  • Related: $169,245
  • Other: $11,742
Dick Pettit (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ferris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Benjamin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Swanda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aurora Homes Inc?

Aurora Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Aurora Homes Inc

Aurora Homes Inc, established in 2006, is dedicated to providing affordable housing for individuals with disabilities. Aligned with Section 811 of the National Affordable Housing Act, this nonprofit organization constructs and operates housing facilities specifically designed for people with disabilities. Funded by the U.S. Department of Housing and Urban Development (HUD), Aurora Homes Inc ensures compliance with HUD regulations, managing rent charges and operational methods meticulously to cater to its intended population. By offering such housing solutions, Aurora Homes Inc plays a significant role in providing a supportive living environment for individuals with disabilities, contributing to their overall well-being and independence.

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Impact




October, 2024

Aurora Homes Inc significantly impacts the community by providing affordable housing for disabled individuals in Rockville, MD. Established in December 2006, the organization has played a crucial role in addressing the housing challenges faced by people with disabilities under Section 811 of the National Affordable Housing Act.

By constructing and operating eight dedicated housing units, Aurora Homes Inc ensures that individuals who may otherwise struggle to find suitable accommodations can enjoy a safe and welcoming living environment. This initiative not only enhances the quality of life for these residents but also fosters a sense of independence and community integration, allowing individuals to thrive in their daily lives without the burden of exorbitant housing costs.

Financed through the U.S. Department of Housing and Urban Development (HUD), Aurora Homes Inc adheres to regulated rent charges and operating methods, ensuring sustainability and accountability in delivering these essential housing services. Consequently, the organization stands as a vital resource for disabled individuals and their families, contributing to a more inclusive and equitable society.




This information is meant to be a general summary of Aurora Homes 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
$85,330 (2022)
Expenses
$158,304 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $19,598
  • Gross Receipts: $85,330

Assets and Liabilities:

  • Total Assets: $700,239
  • Total Liabilities: $1,425,421
  • Net Assets: -$725,182

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Programs

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

RENTAL REVENUE

Revenue

$19,598

Organization Details

Founding Year

2006

Principal Officer

Susanne Sinclair-Smith

Main Address

405 E GUDE DRIVE, ROCKVILLE, MD, 20850

NTEE Category

Code: L21 - Housing

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