Overview
What is Glenn-Verde Housing Inc?
Glenn-Verde Housing Inc is a nonprofit organization located in Tucson, Arizona. Their primary mission, as stated, is to promote social welfare by focusing on low-income housing. Under the Housing and Economic Recovery Act of 2008, administered by the Arizona Department of Housing, they are engaged in constructing and operating a 24-unit multi-family housing project, specifically catering to those with low incomes. This endeavor falls under the Neighborhood Stabilization Program. The organization's headquarters can be found at 504 W 29th Street, Tucson, AZ 85713.
Is Glenn-Verde Housing Inc legitimate?
Glenn-Verde Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glenn-Verde 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:
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What is the mission statement of Glenn-Verde Housing Inc?
Glenn-Verde Housing Inc, as a corporation, is committed to promoting social welfare. They achieve this by focusing on low-income housing. Specifically, they construct and operate a multi-family housing project, comprising 24 units, in adherence to the guidelines set by the Housing and Economic Recovery Act of 2008, overseen by the Arizona Department of Housing. This project is part of a broader initiative, the Neighborhood Stabilization Program, aimed at providing housing solutions for individuals with limited financial means.
Who is the CEO of Glenn-Verde Housing Inc?
Michael Prudence is the Vice Pres/Cfo of Glenn-Verde Housing Inc. The CEO's salary of Glenn-Verde Housing Inc is $0 and their total compensation is $488,322.
What is the revenue of Glenn-Verde Housing Inc?
Glenn-Verde Housing Inc's revenue in 2022 was $179,760.
Who are the executives of Glenn-Verde Housing Inc and what are their salaries?
There 19 volunteers at Glenn-Verde Housing Inc.
Here are 22 key members and their salaries (Glenn-Verde Housing Inc's CEO's salary is $0 and their total compensation is $488,322):
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- Other: $23,915
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- Related: $242,479
- Other: $8,533
Where can I find the form 990 for Glenn-Verde Housing Inc?
Glenn-Verde Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Glenn-Verde Housing Inc
Glenn-Verde Housing Inc, a nonprofit organization, is committed to promoting social welfare by focusing on the fostering of low-income housing. As part of its mission, the corporation constructs and operates multi-family housing projects, specifically a 24-unit building in an undisclosed location. This project is carried out in compliance with the Housing and Economic and Recovery Act of 2008, which is overseen by the Arizona Department of Housing (ADOH). The construction and operation of this housing project are done under the Neighborhood Stabilization Program, an initiative aimed at providing affordable housing options for low-income individuals. Glenn-Verde Housing Inc's mission is thus centered around ensuring that individuals with limited financial resources have access to safe and comfortable living spaces.
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Impact
October, 2024
Glenn-Verde Housing Inc significantly impacts the Tucson community by addressing the urgent need for affordable housing options for low-income individuals and families. By constructing and operating a 24-unit multi-family housing project, the organization creates stable living environments that foster social welfare and economic stability. This initiative not only provides shelter but also enhances the overall neighborhood by contributing to local revitalization efforts in line with the Housing and Economic Recovery Act of 2008.
Through its commitment to affordable housing, Glenn-Verde Housing Inc supports families in achieving better quality of life, promotes community integration, and helps to alleviate the challenges of homelessness and housing insecurity. By working with the Arizona Department of Housing, the project ensures compliance with state guidelines while maximizing resources to effectively serve those in need. Ultimately, Glenn-Verde Housing Inc plays a vital role in building a more equitable and inclusive community in Tucson.
This information is meant to be a general summary of Glenn-Verde 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $36
- Program Service Revenue: $175,557
- Gross Receipts: $179,760
Assets and Liabilities:
- Total Assets: $2,352,399
- Total Liabilities: $3,040,736
- Net Assets: -$688,337
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Revenue
Revenue
$176,607
Vacancy Expense
Revenue
-$1,050
Organization Details
Founding Year
2010
Phone
(520) 884-9920Principal Officer
Michael Prudence
Main Address
504 W 29th Street, Tucson, AZ, 85713
NTEE Category
Code: L20 - Housing
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