Overview
What is Home Forward Development Enterprises Corporation?
Home Forward Development Enterprises Corporation is a nonprofit organization situated in Portland, Oregon. Their primary role involves becoming a limited partner in three tax credit projects. More specifically, they are engaged in the redevelopment, operation, and maintenance of housing projects within the state, as defined by Oregon's state laws. Their mission is to support Home Forward, another organization, in carrying out these responsibilities.
Is Home Forward Development Enterprises Corporation legitimate?
Home Forward Development Enterprises Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Forward Development Enterprises 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Home Forward Development Enterprises Corporation?
Home Forward Development Enterprises Corporation's mission is to contribute to the development, redevelopment, and maintenance of various housing projects, as defined by Oregon state law. Specifically, their role is to support Home Forward in these endeavors, aiming to enhance the overall state of these housing projects. In doing so, they have become a limited partner in three tax credit projects, furthering their commitment to this mission.
Who is the CEO of Home Forward Development Enterprises Corporation?
Kandy Sage is the Treasurer of Home Forward Development Enterprises Corporation.
What is the revenue of Home Forward Development Enterprises Corporation?
Home Forward Development Enterprises Corporation's revenue in 2022 was $992,058.
Who are the executives of Home Forward Development Enterprises Corporation and what are their salaries?
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Compensation: $0
- Related: $166,521
- Other: $20,377
- Compensation: $0
- Related: $172,681
- Other: $62,041
Where can I find the form 990 for Home Forward Development Enterprises Corporation?
Home Forward Development Enterprises Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Home Forward Development Enterprises Corporation
Home Forward Development Enterprises Corporation's mission is centered around supporting Home Forward in the development, redevelopment, and maintenance of one or more housing projects, as defined by Oregon State Law. In simpler terms, this nonprofit corporation plays a crucial role in enhancing and maintaining various housing projects, contributing to the broader mission of Home Forward. By becoming a limited partner in three tax credit projects, Home Forward Development Enterprises Corporation demonstrates its commitment to this mission, potentially contributing to the improvement and upkeep of these housing projects.
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Impact
October, 2024
Home Forward Development Enterprises Corporation plays a significant role in the development and redevelopment of housing projects in Oregon, specifically within Portland. By becoming a limited partner in three tax credit projects, the organization contributes to creating affordable housing options that assist in addressing the housing crisis in the region.
The corporation focuses on operations and maintenance of housing projects as outlined in ORS 456-065, ensuring that these developments not only provide shelter but also foster sustainable communities. The mission of supporting Home Forward enhances the capability to manage these projects effectively, ultimately impacting the quality of life for residents and helping to stabilize neighborhoods. The emphasis on housing underscores a commitment to enhancing accessibility and affordability within the local housing market.
This information is meant to be a general summary of Home Forward Development Enterprises 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 2022.
- Investment Income: $49,078
- Program Service Revenue: $942,980
- Gross Receipts: $992,058
Assets and Liabilities:
- Total Assets: $45,829,742
- Total Liabilities: $1,154,180
- Net Assets: $44,675,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lessors of Residential Buildings and Dwellings
Revenue
$942,980
Organization Details
Founding Year
2005
Phone
(503) 802-8300Principal Officer
Kandy Sage
Main Address
135 SW ASH ST, PORTLAND, OR, 972043540
NTEE Category
Code: L12 - Housing
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