Overview
What is Coastal Housing Development Corporation Inc?
Coastal Housing Development Corporation Inc is a nonprofit organization that has dedicated its resources to constructing low-income housing specifically for veterans. Their efforts have resulted in the completion of two buildings, each with four units, in the Carver Grove Development. These multifamily units are designed to provide housing assistance through programs such as VASH (Veterans Affairs Supportive Housing) or HCV (Housing Choice Voucher). The organization has also completed eight additional low-income housing units in the same development, catering to veterans who meet specific income limits. Their mission is centered around providing affordable housing solutions for low-income veterans, thereby contributing to their well-being and overall community development.
Is Coastal Housing Development Corporation Inc legitimate?
Coastal Housing Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coastal Housing Development Corporation 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 Coastal Housing Development Corporation Inc?
Coastal Housing Development Corporation Inc's mission involves utilizing funds to construct low-income housing units, specifically for veterans. Two buildings, each comprising four units, were completed in the Carver Grove Development. These units are multifamily dwellings, and they offer rental assistance through VASH or HCV programs, based on the units. Eight low-income housing units were completed as well, all designed for veterans who meet certain income limits. The corporation's mission aligns with providing affordable housing solutions for this specific demographic.
Who is the CEO of Coastal Housing Development Corporation Inc?
Sharon Forrest is the Executive Director of Coastal Housing Development Corporation Inc.
What is the revenue of Coastal Housing Development Corporation Inc?
Coastal Housing Development Corporation Inc's revenue in 2022 was $0.
Who are the executives of Coastal Housing Development Corporation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Coastal Housing Development Corporation Inc?
Coastal Housing Development Corporation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Coastal Housing Development Corporation Inc
Coastal Housing Development Corporation Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for low-income veterans. They have accomplished this mission by constructing two buildings, each containing four units, in the Carver Grove Development. These multifamily units are designed for veterans who qualify for either VASH or HCV rental assistance, based on their income limits. In total, eight low-income housing units have been completed in this development, specifically catering to veterans. This initiative by Coastal Housing Development Corporation Inc aims to provide a secure and comfortable living environment for those who have served their country.
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Impact
October, 2024
Coastal Housing Development Corporation Inc significantly impacts the community by addressing the critical need for affordable housing for veterans. In Myrtle Beach, South Carolina, the organization has successfully completed the Carver Grove Development, which includes two buildings comprising four multifamily units each. These units are specifically designed to provide low-income veterans with access to stable housing, utilizing VASH or HCV rental assistance programs.
By creating eight low-income housing units, Coastal Housing Development Corporation Inc plays a crucial role in supporting veterans who meet specific income limits, ensuring they have safe and reliable living conditions. This initiative not only enhances the quality of life for these individuals but also contributes to the larger goal of reducing homelessness among veterans, fostering a supportive community, and promoting their successful reintegration into civilian life.
This information is meant to be a general summary of Coastal Housing Development Corporation 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 2022.
Assets and Liabilities:
- Total Assets: $75,187
- Total Liabilities: $0
- Net Assets: $75,187
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Organization Details
Phone
(843) 918-1527Principal Officer
Sharon Forrest
Main Address
605 10th Avenue North, Myrtle Beach, SC, 29577
NTEE Category
Code: L20 - Housing
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