Bethany Housing Association Inc

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

EIN: 237190274 ✦ Bethany, IL ✦ Designated as a 501(c)(4)

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Overview

What is Bethany Housing Association Inc?

Bethany Housing Association Inc is a nonprofit organization that focuses on the ownership and management of Senior Citizen Housing projects. They offer subsidized rental assistance, providing a total of 24 rental units for senior citizens in the Bethany area. Specifically, they have 15 units in one location and nine units in another, all aimed at supporting elderly residents with affordable housing options.

Is Bethany Housing Association Inc legitimate?

Bethany Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bethany Housing Association Inc 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 Bethany Housing Association Inc?

Bethany Housing Association Inc is dedicated to the ownership and management of a Senior Citizen Housing project. Their primary objective is to provide subsidized rental assistance, making housing more accessible for senior citizens. They have established fifteen rental units and nine additional units in different locations, contributing to the well-being of elderly individuals by offering affordable housing options.

Who is the CEO of Bethany Housing Association Inc?

Terry Muzzy is the President of Bethany Housing Association Inc.

What is the revenue of Bethany Housing Association Inc?

Bethany Housing Association Inc's revenue in 2022 was $73,050.

Who are the executives of Bethany Housing Association Inc and what are their salaries?


Here are 4 key members and their salaries:


Tod Jeffers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Scott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen E Brown (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Muzzy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Bethany Housing Association Inc?

Bethany Housing Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Bethany Housing Association Inc

Bethany Housing Association Inc is dedicated to providing subsidized housing for senior citizens. This nonprofit organization manages two projects, each offering a number of rental units for elderly individuals. Located in Bethany, one project boasts fifteen units, while the other offers nine units. The primary objective of Bethany Housing Association Inc is to facilitate affordable living arrangements for senior citizens, ensuring they can maintain a comfortable and secure environment as they age.

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Impact




October, 2024

Bethany Housing Association Inc significantly impacts the community by providing essential subsidized rental assistance to senior citizens. With a total of 24 rental units specifically designed for seniors, the organization addresses critical housing needs for a vulnerable population in Bethany, Illinois. By ensuring affordable housing, it enhances the quality of life for elderly residents, granting them stability and a sense of community. This initiative not only alleviates financial burdens but also fosters a supportive environment for seniors, promoting their independence and well-being. In this way, Bethany Housing Association Inc plays a vital role in enriching the lives of its residents and strengthening the fabric of the local community.




This information is meant to be a general summary of Bethany Housing Association 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.

Revenue
$73,050 (2022)
Expenses
$70,004 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $147
  • Program Service Revenue: $72,903
  • Gross Receipts: $73,050

Assets and Liabilities:

  • Total Assets: $412,292
  • Total Liabilities: $132,420
  • Net Assets: $279,872

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Organization Details

Principal Officer

Terry Muzzy

Main Address

101 W Main Street, Bethany, IL, 61914

NTEE Category

Code: L21 - Housing

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