Overview
What is Marshside Village Inc?
Marshside Village Inc, established in 2005, is a nonprofit organization based in Denver, Colorado. Its primary purpose is to provide affordable housing for low-income individuals. The organization, regulated by the U.S. Department of Housing and Urban Development (HUD), operates a 48-unit apartment project named Marshside Village in North Charleston, South Carolina. This project is designed to cater to individuals with limited financial means, contributing to the betterment of the local community.
Official website here: www.mercyhousing.org
Is Marshside Village Inc legitimate?
Marshside Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshside Village 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: $163,183
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Marshside Village Inc?
Marshside Village Inc, established as a non-profit organization, is dedicated to managing a 48-unit apartment project. The primary objective of this project is to provide affordable housing for individuals with low income. Located in South Carolina, the project is regulated by the HUD, ensuring reasonable rent charges and operating methods. Marshside Village Inc operates under the name of Marshside Village, offering a residential space that caters to those in need of affordable housing.
Official website here: www.mercyhousing.org
Who is the CEO of Marshside Village Inc?
James Alexander is the Principal Officer of Marshside Village Inc.
Official website here: www.mercyhousing.org
What is the revenue of Marshside Village Inc?
Marshside Village Inc's revenue in 2022 was $445,174.
Official website here: www.mercyhousing.org
Who are the executives of Marshside Village Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $134,820
- Other: $30,258
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $192,019
- Other: $31,505
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $154,467
- Other: $14,745
Official website here: www.mercyhousing.org
Where can I find the form 990 for Marshside Village Inc?
Marshside Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of Marshside Village Inc
Marshside Village Inc, a non-profit organization established in 2005, is dedicated to owning and operating a 48-unit apartment project. This project serves as a housing solution for individuals with low income, providing them with a place to call home. The organization's mission is aligned with Section 202 of the Housing Act of 1959, ensuring that rent charges and operating methods are regulated by the HUD. Marshside Village Inc operates under the name Marshside Village, providing a safe and affordable living space for those in need.
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Impact
October, 2024
Marshside Village Inc. significantly impacts the North Charleston community by providing essential housing for low-income individuals and families. By operating a 48-unit apartment complex, it addresses the critical need for affordable housing in the area. The project not only offers stable living conditions for residents but also contributes to the overall well-being of the community.
Through its adherence to regulations set forth by the Department of Housing and Urban Development (HUD), Marshside Village ensures that rental prices remain accessible and fair, thus helping to alleviate housing insecurity among vulnerable populations. This initiative fosters a sense of community, offering residents a safe place to call home while promoting stability and inclusivity.
In addition to providing shelter, Marshside Village serves as a catalyst for economic empowerment by allowing residents to invest in their personal development and pursue opportunities they might not have otherwise had. The presence of such affordable housing options plays a critical role in enhancing the quality of life for individuals and fostering stronger, more resilient neighborhoods.
This information is meant to be a general summary of Marshside Village 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 2022.
- Program Service Revenue: $136,426
- Gross Receipts: $445,174
Assets and Liabilities:
- Total Assets: $2,008,275
- Total Liabilities: $36,942
- Net Assets: $1,971,333
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$135,282
ANCILLARY SERVICES
Revenue
$1,144
Organization Details
Founding Year
2005
Phone
(303) 830-3300Principal Officer
James Alexander
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L22 - Housing
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