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Morrow Chase Housing Inc

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

EIN: 261526593 ✦ Dunn, NC ✦ Designated as a 501(c)(3)

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Overview

What is Morrow Chase Housing Inc?

Morrow Chase Housing Inc is a nonprofit organization committed to providing affordable housing and support services for elderly and handicapped individuals. Their mission is to enhance their health, security, happiness, and productivity in their later years. By offering reduced rent housing, this nonprofit specializes in catering to their unique physical, social, and psychological needs, ensuring their wellbeing and overall quality of life.

Is Morrow Chase Housing Inc legitimate?

Morrow Chase Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morrow Chase Housing 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: $67,468

For more financial information, click here

What is the mission statement of Morrow Chase Housing Inc?

Morrow Chase Housing Inc's mission is centered around providing reduced rent housing and services tailored to the unique needs of the elderly and handicapped population. The organization's objective is to enhance their physical, social, and psychological well-being, aiming to contribute to their health, security, happiness, and continued productivity in life. By offering specialized accommodations, Morrow Chase Housing Inc strives to improve the quality of life for its residents, promoting their overall well-being and usefulness in their later years.

Who is the CEO of Morrow Chase Housing Inc?

Don G Wellons is the President/Director of Morrow Chase Housing Inc.

What is the revenue of Morrow Chase Housing Inc?

Morrow Chase Housing Inc's revenue in 2022 was $244,368.

Who are the executives of Morrow Chase Housing Inc and what are their salaries?


Here are 5 key members and their salaries:


Don G Wellons (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John H Wellons Jr (Vice Pres/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea C Howard (Secretary/Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia W Craft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene T Jernigan (Asst Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Morrow Chase Housing Inc?

Morrow Chase Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Morrow Chase Housing Inc

Morrow Chase Housing Inc is dedicated to providing reduced rent housing and services tailored to cater to the unique needs of the elderly and handicapped individuals. Their mission is twofold: to enhance their physical well-being, ensuring a secure living environment; to foster their social and psychological happiness, thereby promoting their overall usefulness and contentment in their golden years. In essence, Morrow Chase Housing Inc seeks to improve the quality of life for its residents, enabling them to live independently and with dignity.

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Impact




October, 2024

Morrow Chase Housing Inc plays a crucial role in enhancing the quality of life for low-income elderly individuals in Dunn, NC. By providing reduced rent housing and services tailored to the unique needs of elderly and handicapped residents, it addresses essential physical, social, and psychological requirements.

The organization promotes not only safe and affordable housing but also fosters an environment that prioritizes health and well-being, contributing to the overall security and happiness of its residents. Through its dedicated services, Morrow Chase Housing encourages a sense of community and usefulness, enabling elderly individuals to maintain their dignity and independence while enjoying a better quality of life.




This information is meant to be a general summary of Morrow Chase Housing 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
$244,368 (2022)
Expenses
$406,631 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $468
  • Program Service Revenue: $243,900
  • Gross Receipts: $244,368

Assets and Liabilities:

  • Total Assets: $3,925,938
  • Total Liabilities: $5,614,728
  • Net Assets: -$1,688,790

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Programs

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

Rents - Tenants

Revenue

$147,780

HUD Rental Assistance

Revenue

$93,536

Related Service Income

Revenue

$2,584

Organization Details

Founding Year

2010

Principal Officer

Don G Wellons

Main Address

PO BOX 1254, DUNN, NC, 28335

NTEE Category

Code: L21 - Housing

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