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Southeastern Housing Foundation Ii Inc

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

EIN: 270266088 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Southeastern Housing Foundation Ii Inc?

Southeastern Housing Foundation II (SHF II) is a nonprofit organization situated in Knoxville, Tennessee. Its primary mission is to develop, own, and manage multi-family housing units for at-risk and low-income individuals and families. Over the years, SHF II has made significant strides in this area. In 2011, they established a 48-unit permanent supportive housing facility and operated a 24-unit affordable housing apartment complex. Following this, in 2013, they expanded their operations by purchasing a low-income housing apartment complex with 36 units. Their growth continued in 2015, as they acquired another low-income housing apartment complex in Dunlap, Tennessee, consisting of 51 units. By providing affordable housing, SHF II plays a vital role in enhancing the living conditions of those in need.


Official website here: www.klf.org

Is Southeastern Housing Foundation Ii Inc legitimate?

Southeastern Housing Foundation Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeastern Housing Foundation Ii 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: $279,045

For more financial information, click here


Official website here: www.klf.org

What is the mission statement of Southeastern Housing Foundation Ii Inc?

The Southeastern Housing Foundation II (SHF II) is dedicated to addressing housing needs for at-risk and low-income individuals and families. They accomplish this by developing, owning, and managing multi-family housing units. Over the years, SHF II has taken on various projects, such as building a 48-unit supportive housing facility in 2011, operating an affordable housing apartment complex with 24 units in 2011, purchasing a 36-unit low-income housing complex in 2013, and acquiring a 51-unit low-income housing complex in Dunlap, TN, in 2015. The organization's goal is to provide safe and affordable housing options for those in need.


Official website here: www.klf.org

Who is the CEO of Southeastern Housing Foundation Ii Inc?

Christopher Martin is the President of Southeastern Housing Foundation Ii Inc.


Official website here: www.klf.org

What is the revenue of Southeastern Housing Foundation Ii Inc?

Southeastern Housing Foundation Ii Inc's revenue in 2022 was $891,110.


Official website here: www.klf.org

Who are the executives of Southeastern Housing Foundation Ii Inc and what are their salaries?


Here are 4 key members and their salaries:


Christopher Martin (President)
  • Compensation: $0
  • Related: $153,013
  • Other: $130,621
Todd Harms (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Meadows (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Petre (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.klf.org

Where can I find the form 990 for Southeastern Housing Foundation Ii Inc?

Southeastern Housing Foundation Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.klf.org

Learn more at the official website: www.klf.org

Mission Statement of Southeastern Housing Foundation Ii Inc

Southeastern Housing Foundation II, with a mission-driven approach, focuses on developing, owning, and managing multi-family housing for at-risk and low-income individuals and families. The nonprofit organization is committed to providing secure and affordable living spaces to those in need, enhancing their overall well-being. In the pursuit of this mission, Southeastern Housing Foundation II has undertaken various projects, such as developing a 48-unit permanent supportive housing facility in 2011. Furthermore, the organization has expanded its housing portfolio by purchasing and operating a 24-unit affordable housing apartment complex and a low-income housing apartment complex with 36 units in 2013 and 2015, respectively. These endeavors demonstrate Southeastern Housing Foundation II's dedication to creating sustainable living environments for vulnerable populations.

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Impact




October, 2024

Southeastern Housing Foundation II Inc plays a crucial role in enhancing the lives of at-risk and low-income individuals and families by developing, owning, and managing multi-family housing. With projects focused on affordable and supportive housing, this organization has made significant contributions to community stability and well-being.

Since its inception, SHF II has developed and operated several housing facilities, providing vital resources for those in need. In 2011, it launched a 48-unit permanent supportive housing facility, addressing the challenges faced by individuals requiring long-term assistance. The organization further expanded its impact by establishing a 24-unit affordable housing complex and acquiring additional properties, including a 36-unit apartment complex in 2013 and a 51-unit complex in Dunlap, TN, in 2015.

Through these initiatives, SHF II not only provides essential housing but also fosters a sense of community and support for residents. By ensuring access to stable and affordable living environments, Southeastern Housing Foundation II Inc contributes to the overall improvement of quality of life, empowering families and individuals to pursue greater opportunities and stability in their lives.




This information is meant to be a general summary of Southeastern Housing Foundation Ii 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
$891,110 (2022)
Expenses
$958,453 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $615
  • Program Service Revenue: $784,328
  • Gross Receipts: $891,110

Assets and Liabilities:

  • Total Assets: $7,838,274
  • Total Liabilities: $4,501,752
  • Net Assets: $3,336,522

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Programs

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

RENTAL INCOME LOW INCO

Revenue

$716,828

RENTAL MANAGEMENT SERV

Revenue

$67,500

Organization Details

Founding Year

2010

Principal Officer

Christopher Martin

Main Address

318 NORTH GAY STREET 210, KNOXVILLE, TN, 37917

NTEE Category

Code: L20 - Housing

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