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Sba Housing Initiative Corporati

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

EIN: 208704987 ✦ Southampton, NY ✦ Designated as a 501(c)(3)

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Overview

What is Sba Housing Initiative Corporati?

Sba Housing Initiative Corporati is a nonprofit organization, specifically established with the intention of boosting the availability of newly constructed and renovated homes in the community of Southampton. This initiative is aimed at catering to the housing needs of low, moderate, and middle-income families, thereby contributing to a more inclusive and equitable housing landscape within the town. The organization's primary mission revolves around fostering the construction and renovation of residences to make them more accessible and affordable for families falling under these income categories.

Is Sba Housing Initiative Corporati legitimate?

Sba Housing Initiative Corporati is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sba Housing Initiative Corporati submitted a form 990EZ, 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.

What is the mission statement of Sba Housing Initiative Corporati?

The SBA Housing Initiative Corporation's primary objective is to augment the availability of newly constructed and refurbished homes for families with modest, middle, and low-income levels. This initiative is geared towards expanding housing options for these income groups, thereby contributing to a more equitable housing market. The corporation's mission does not specify the methods or strategies it will employ to achieve this goal, but the focus is clear: to enhance housing opportunities for families with modest income levels.

Who is the CEO of Sba Housing Initiative Corporati?

Tony Panza is the President of Sba Housing Initiative Corporati.

What is the revenue of Sba Housing Initiative Corporati?

Sba Housing Initiative Corporati's revenue in 2022 was $29.

Who are the executives of Sba Housing Initiative Corporati and what are their salaries?


Here are 4 key members and their salaries:


Tony Panza (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Lawall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Strebel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryll Heather (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sba Housing Initiative Corporati?

Sba Housing Initiative Corporati's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Sba Housing Initiative Corporati

Sba Housing Initiative Corporation, as its name suggests, is established with a primary mission. This mission is geared towards enhancing the housing scenario for families with moderate to low-income levels. Specifically, the corporation aims to boost the number of newly constructed and rehabilitated residences within its operational sphere. By doing so, Sba Housing Initiative Corporation aims to make housing more accessible and affordable for these income groups, thereby contributing positively to their overall living conditions. The corporation's efforts are instrumental in addressing the housing needs of these families, thereby promoting a more equitable society.

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Impact




October, 2024

Sba Housing Initiative Corporation plays a crucial role in addressing housing challenges in Southampton, NY, by increasing the supply of newly constructed and rehabilitated residences. This initiative directly benefits low, moderate, and middle-income families, helping to alleviate housing shortages and improve community living conditions. By focusing on residential development, the organization promotes affordable housing options, which contributes to economic stability and community growth. The enhanced availability of homes fosters a diverse population and strengthens the local economy, creating opportunities for families to thrive in a supportive environment. Overall, the corporation's efforts significantly impact the quality of life for residents in the town of Southampton.




This information is meant to be a general summary of Sba Housing Initiative Corporati. 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
$29 (2022)
Expenses
$3,818 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29
  • Gross Receipts: $29

Assets and Liabilities:

  • Total Assets: $287,445
  • Total Liabilities: $0
  • Net Assets: $287,445

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Organization Details

Principal Officer

Tony Panza

Main Address

PO BOX 1307, SOUTHAMPTON, NY, 11969

NTEE Category

Code: L20 - Housing

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