Overview
What is Trinity Homes For Elderly Inc?
Trinity Homes For Elderly Inc, with its operational address at PO Box 1218, Morristown, Tennessee, is a nonprofit organization dedicated to providing housing solutions. This entity specializes in offering accommodation for low-income elderly or handicapped individuals, adhering to the guidelines set by the U.S. Department of Housing and Urban Development (HUD) in terms of rental charges and operational methods. Their mission is crystal clear: to cater to the housing needs of low-income elderly or handicapped tenants under Section 202 of the National Housing Act. The organization manages a complex with 20 rental units, ensuring a comfortable living environment for its residents. This charitable organization goes by the name Renaissance Square in its business activities.
Is Trinity Homes For Elderly Inc legitimate?
Trinity Homes For Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Homes For Elderly 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.
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What is the mission statement of Trinity Homes For Elderly Inc?
Trinity Homes For Elderly Inc, as a organization, is committed to providing housing for individuals who are elderly or handicapped and fall under the low-income bracket. This commitment is rooted in Section 202 of the National Housing Act. The mission of Trinity Homes is to offer housing solutions to these tenants, ensuring they have a place to live with regulated rent charges and operating methods, overseen by the HUD. Currently, the organization manages 20 rental units in a complex, providing a vital service to those in need.
Who is the CEO of Trinity Homes For Elderly Inc?
Kay Hale is the President of Trinity Homes For Elderly Inc.
What is the revenue of Trinity Homes For Elderly Inc?
Trinity Homes For Elderly Inc's revenue in 2023 was $270,669.
Who are the executives of Trinity Homes For Elderly Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Trinity Homes For Elderly Inc?
Trinity Homes For Elderly Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Trinity Homes For Elderly Inc
Trinity Homes for Elderly Inc is committed to providing housing solutions for low-income elderly or handicapped individuals. This mission is rooted in the National Housing Act's Section 202, a legislative framework that Trinity Homes adheres to in terms of rental charges and operating methods. With a focus on affordability, Trinity Homes operates a complex housing project, offering 20 rental units to eligible tenants. The organization's primary goal is to support the living needs of elderly and handicapped individuals, ensuring they have access to safe and suitable housing. By adhering to the regulations set forth by the HUD, Trinity Homes is able to provide housing solutions that are both affordable and reliable for those in need.
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Impact
October, 2024
Trinity Homes For Elderly Inc significantly impacts the community by providing essential housing solutions for low-income elderly and handicapped individuals. By offering 20 rental units regulated by HUD, the organization ensures that these vulnerable populations have access to safe and affordable living conditions. This initiative fosters a sense of stability and security for its residents, allowing them to maintain their independence while living in a supportive environment. The focus on meeting the needs of low-income tenants under Section 202 of the National Housing Act highlights the organization's commitment to alleviating housing challenges faced by the elderly and disabled in Morristown, TN. Through its efforts, Trinity Homes enhances the quality of life for its residents, contributing to their overall well-being and dignity.
This information is meant to be a general summary of Trinity Homes For Elderly 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 2023.
- Investment Income: $8
- Program Service Revenue: $176,580
- Gross Receipts: $270,669
Assets and Liabilities:
- Total Assets: $2,283,413
- Total Liabilities: $3,315,500
- Net Assets: -$1,032,087
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$173,868
LAUNDRY & VENDING INCO
Revenue
$2,712
Organization Details
Founding Year
2002
Phone
(423) 586-1494Principal Officer
Kay Hale
Main Address
PO BOX 1218, MORRISTOWN, TN, 378161218
NTEE Category
Code: L22 - Housing
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