Overview
What is Salerno Home Inc?
Salerno Home Inc is a nonprofit organization committed to providing low-income housing to its residents, aligning with the guidelines established by the U.S. Department of Housing and Urban Development (HUD) under section 811 of the National Housing Act. This mission upholds the organization's mission statement to offer suitable housing accommodations for those with limited financial resources. Salerno Home Inc plays a vital role in supporting its community by ensuring that everyone has access to safe and affordable living spaces, contributing to a more inclusive and equitable society.
Is Salerno Home Inc legitimate?
Salerno Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salerno Home 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 Salerno Home Inc?
Salerno Home Inc. is committed to providing low-income housing for its residents, adhering to the guidelines established by HUD under Section 811 of the National Housing Act. The organization strives to ensure that its housing services align with these regulations, offering a safe and secure living environment for those in need. By doing so, Salerno Home Inc. aims to contribute positively to the community, providing affordable housing solutions and fostering a sense of stability and well-being for its residents.
Who is the CEO of Salerno Home Inc?
Doug Mcbee is the President of Salerno Home Inc.
What is the revenue of Salerno Home Inc?
Salerno Home Inc's revenue in 2023 was $27,561.
Who are the executives of Salerno Home Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Salerno Home Inc?
Salerno Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Salerno Home Inc
Salerno Home Inc, a nonprofit organization, is committed to providing low-income housing to its residents. In line with the guidelines established by the HUD under section 811 of the National Housing Act, Salerno Home strives to offer suitable housing accommodations. The organization's mission is to create an inclusive living environment that caters to individuals with limited financial resources, ensuring they have access to safe and comfortable housing options. By adhering to these regulations, Salerno Home contributes to the overall well-being of its residents, providing them with a sense of security and stability.
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Impact
August, 2024
Salerno Home Inc's impact lies in providing essential low-income housing to residents in Birmingham, Alabama. The organization's mission is to offer affordable housing in compliance with HUD regulations, specifically under section 811 of the National Housing Act. By fulfilling this vital need, Salerno Home Inc directly contributes to addressing the housing challenges faced by low-income individuals and families in the community. This ensures that these vulnerable populations have access to safe and stable housing, ultimately improving their quality of life and overall well-being.
This information is meant to be a general summary of Salerno Home 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: $737
- Program Service Revenue: $26,824
- Gross Receipts: $27,561
Assets and Liabilities:
- Total Assets: $279,718
- Total Liabilities: $415,675
- Net Assets: -$135,957
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTS
Revenue
$8,856
Organization Details
Founding Year
2008
Phone
(205) 595-4555Principal Officer
Doug Mcbee
Main Address
940 MONTCLAIR ROAD, BIRMINGHAM, AL, 35213
NTEE Category
Code: L21 - Housing
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