Prince Hall Housing Authority Of Marion Indiana Inc

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

EIN: 237288555 ✦ Marion, IN ✦ Designated as a 501(c)(4)

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Overview

What is Prince Hall Housing Authority Of Marion Indiana Inc?

Prince Hall Housing Authority of Marion Indiana is a nonprofit organization situated in Marion, Indiana. Their primary mission is to cater to the housing needs of individuals with limited financial resources. They accomplish this by owning and managing a low-income housing apartment complex, in compliance with section 221 of the National Housing Act. The organization's purpose is to offer a secure living environment to those in need, thereby contributing positively to the local community.

Is Prince Hall Housing Authority Of Marion Indiana Inc legitimate?

Prince Hall Housing Authority Of Marion Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Prince Hall Housing Authority Of Marion Indiana 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: $253,488

For more financial information, click here

What is the mission statement of Prince Hall Housing Authority Of Marion Indiana Inc?

The Prince Hall Housing Authority is committed to providing low-income housing solutions for individuals in need. Operating under the National Housing Act's Section 221, this organization owns and manages an apartment community. Their primary mission is to make affordable housing options available, contributing to the well-being of the community they serve.

Who is the CEO of Prince Hall Housing Authority Of Marion Indiana Inc?

Roland Banks is the President of Prince Hall Housing Authority Of Marion Indiana Inc.

What is the revenue of Prince Hall Housing Authority Of Marion Indiana Inc?

Prince Hall Housing Authority Of Marion Indiana Inc's revenue in 2023 was $1,509,784.

Who are the executives of Prince Hall Housing Authority Of Marion Indiana Inc and what are their salaries?


Here are 9 key members and their salaries:


Roland Banks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reggie Nevels (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Fisher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jetson Alexander (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Price (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Morgan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Weaver (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moses Deese (Emeriti)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Hill (Emeriti)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Prince Hall Housing Authority Of Marion Indiana Inc?

Prince Hall Housing Authority Of Marion Indiana Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Prince Hall Housing Authority Of Marion Indiana Inc

Prince Hall Housing Authority of Marion Indiana, as a nonprofit organization, is dedicated to providing low-income housing solutions. Their mission is to cater to individuals in need, operating a housing apartment community in an ethical and responsible manner. This mission is executed in accordance with section 221 of the National Housing Act, which guides their operations and commitment to offering affordable housing options. By operating under this act, they ensure that their housing community meets the necessary standards and regulations, thereby providing a secure and comfortable living environment for its residents.

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Impact




October, 2024

Prince Hall Housing Authority of Marion Indiana Inc plays a crucial role in supporting the community by providing access to low-income housing in Marion, IN. By operating a dedicated apartment community, they help alleviate the burden of housing insecurity for families and individuals in need. Their alignment with section 221 of the National Housing Act ensures that residents have safe and affordable living conditions.

The impact of Prince Hall Housing Authority extends beyond just housing; it fosters stability for residents, enabling them to pursue education, employment opportunities, and overall better quality of life. By focusing on low-income housing, they contribute significantly to the economic and social well-being of the community, creating a foundation for individuals and families to thrive despite financial challenges. Overall, their initiatives result in a more supportive and cohesive community environment in Marion.




This information is meant to be a general summary of Prince Hall Housing Authority Of Marion Indiana 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
$1,509,784 (2023)
Expenses
$1,366,976 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $751
  • Program Service Revenue: $499,669
  • Gross Receipts: $1,509,784

Assets and Liabilities:

  • Total Assets: $1,325,205
  • Total Liabilities: $1,541,729
  • Net Assets: -$216,524

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENT & CHARGES

Revenue

$499,669

Organization Details

Founding Year

1969

Principal Officer

Roland Banks

Main Address

3678 PRINCE HALL DRIVE, MARION, IN, 46953

NTEE Category

Code: L21 - Housing

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