Overview
What is Troy Housing Opportunity United Inc?
Troy Housing Opportunity United Inc is a charitable organization situated in Troy, Ohio. It is dedicated to providing affordable housing for low-income families, managing a 66-unit apartment community. The organization operates under Section 221(D)(3) of the National Housing Act, and the Department of Housing and Urban Development (HUD) contributes to the rent payments for eligible tenants through the Section 8 Housing Assistance Payments Program. This initiative aims to make housing more accessible for families in need.
Is Troy Housing Opportunity United Inc legitimate?
Troy Housing Opportunity United Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Troy Housing Opportunity United 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: $0
For more financial information, click here
What is the mission statement of Troy Housing Opportunity United Inc?
Troy Housing Opportunity United Inc, organized for charitable purposes, operates and maintains a housing facility for low-income families. The organization houses its residents in a 66-unit apartment community. The project operates under the provisions of Section 221(D)(3) of the National Housing Act. The Department of Housing and Urban Development (HUD) is contracted to make rental assistance payments on behalf of qualified tenants through the Section 8 Housing Assistance Payments Program. The mission of Troy Housing Opportunity United Inc is to provide affordable housing solutions for low-income families, ensuring they have a stable living environment.
Who is the CEO of Troy Housing Opportunity United Inc?
Dewayne Smith is the President of Troy Housing Opportunity United Inc.
What is the revenue of Troy Housing Opportunity United Inc?
Troy Housing Opportunity United Inc's revenue in 2023 was $499,107.
Who are the executives of Troy Housing Opportunity United Inc and what are their salaries?
There 13 volunteers at Troy Housing Opportunity United Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Troy Housing Opportunity United Inc?
Troy Housing Opportunity United Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Troy Housing Opportunity United Inc
Troy Housing Opportunity United Inc, an organization with charitable intentions, is dedicated to providing and managing a housing facility for low-income families. It operates a 66-unit apartment community, where it offers a home to families in need. The project's operations are regulated by Section 221(D)(3) of the National Housing Act, and the Department of Housing and Urban Development (HUD) plays a crucial role in it. HUD is contracted to make rental assistance payments on behalf of eligible tenants through the Section 8 Housing Assistance Payments Program. This program ensures that low-income families can afford their rent, thereby providing them with a stable living environment. Troy Housing Opportunity United Inc's mission is to contribute to the community by offering affordable housing solutions to those who require it, thereby promoting social welfare and equality.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Troy Housing Opportunity United Inc significantly impacts the community by providing safe and affordable housing for low-income families in a 66-unit apartment community in Troy, Ohio. This initiative not only addresses the immediate need for housing but also fosters stability for families who might otherwise struggle to secure adequate living conditions. By operating under the provisions of the National Housing Act, the project ensures that qualified tenants receive rental assistance payments through the HUD's Section 8 Housing Assistance Payments Program. This support allows families to allocate their financial resources more effectively, improving their overall quality of life and enabling them to invest in education, healthcare, and other essential services. The organization's efforts contribute to creating a more equitable community, where access to reliable housing is a foundation for growth and opportunity.
This information is meant to be a general summary of Troy Housing Opportunity United 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: $708
- Program Service Revenue: $169,651
- Gross Receipts: $499,107
Assets and Liabilities:
- Total Assets: $1,049,522
- Total Liabilities: $1,261,974
- Net Assets: -$212,452
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$169,651
Organization Details
Founding Year
1972
Phone
(937) 339-2111Principal Officer
Dewayne Smith
Main Address
505 CRESCENT DRIVE, TROY, OH, 45373
NTEE Category
Code: L20 - Housing
If you are a representative of Troy Housing Opportunity United Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.