Overview
What is Stockbridge Homes For Elderly Inc?
Stockbridge Homes For Elderly Inc is a nonprofit organization situated in Morristown, Tennessee. Their primary focus is providing affordable housing for elderly and handicapped individuals, adhering to regulations set by the HUD in terms of rent charges and operational methods. They manage a small complex with five rental units, operating under Section 202 of the National Housing Act. This mission is instrumental in ensuring that low-income elderly tenants have a safe and suitable living space.
Is Stockbridge Homes For Elderly Inc legitimate?
Stockbridge Homes For Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stockbridge Homes For Elderly 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.
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What is the mission statement of Stockbridge Homes For Elderly Inc?
Stockbridge Homes for Elderly Inc. is committed to providing housing for individuals who are elderly or disabled, falling under Section 202 of the National Housing Act. Their mission is to offer suitable living quarters for this specific group, ensuring they have a roof over their heads within the regulations set by the Department of Housing and Urban Development (HUD), particularly in relation to rental charges and operational methods. Currently, the organization manages five rental units within this complex, catering to the housing needs of this vulnerable population.
Who is the CEO of Stockbridge Homes For Elderly Inc?
Kay Hale is the President of Stockbridge Homes For Elderly Inc.
What is the revenue of Stockbridge Homes For Elderly Inc?
Stockbridge Homes For Elderly Inc's revenue in 2023 was $19,509.
Who are the executives of Stockbridge Homes For Elderly Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Stockbridge Homes For Elderly Inc?
Stockbridge Homes For Elderly Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Stockbridge Homes For Elderly Inc
Stockbridge Homes for Elderly Inc, a nonprofit organization, is dedicated to providing housing for low-income elderly or handicapped individuals. This mission is in line with Section 202 of the National Housing Act. The organization's primary goal is to offer suitable living spaces to those who fall under this category, ensuring they have a place to call home. Regulated by the Department of Housing and Urban Development (HUD), Stockbridge Homes for Elderly Inc adheres to specific regulations concerning rent charges and operating methods. At present, the organization manages five rental units, providing a safe and comfortable living environment for its tenants.
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Impact
August, 2024
Stockbridge Homes for Elderly Inc provides crucial housing support for low-income elderly and handicapped individuals under Section 202 of the National Housing Act. This organization in Morristown, TN, offers a safe and affordable living environment for vulnerable populations, ensuring they have a place to call home despite financial challenges. By adhering to regulations set by HUD regarding rent charges and operational procedures, Stockbridge Homes for Elderly Inc plays a vital role in addressing the housing needs of a marginalized community. The impact of their work extends beyond providing shelter, as they contribute to the overall well-being and quality of life of their tenants, fostering a sense of security and stability in their lives.
This information is meant to be a general summary of Stockbridge Homes For Elderly 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 2023.
- Investment Income: $110
- Program Service Revenue: $11,697
- Gross Receipts: $19,509
Assets and Liabilities:
- Total Assets: $429,501
- Total Liabilities: $566,582
- Net Assets: -$137,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$11,697
Organization Details
Founding Year
2008
Phone
(423) 587-4500Principal Officer
Kay Hale
Main Address
PO BOX 1218, MORRISTOWN, TN, 378161218
NTEE Category
Code: L22 - Housing
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