Overview
What is Brookhaven Homes For Elderly Inc?
Brookhaven Homes for Elderly Inc. is a nonprofit organization located in Morristown, Tennessee, with a postal address at PO Box 1218. Their primary mission is to provide housing for low-income elderly or handicapped individuals, adhering to Section 202 of the National Housing Act. Regulated by HUD, they ensure reasonable rent charges and operate with prescribed methods. Currently, they manage 47 rental units within their complex, known as Franklin Place Apartments. The organization's primary objective is to offer suitable living quarters for those in need, catering to the elderly or handicapped population.
Is Brookhaven Homes For Elderly Inc legitimate?
Brookhaven Homes For Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookhaven 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 Brookhaven Homes For Elderly Inc?
Brookhaven Homes For Elderly Inc is dedicated to providing housing for individuals who are elderly or handicapped and fall under a low-income bracket. This mission is in line with Section 202 of the National Housing Act. The organization's primary objective is to house tenants fitting this description, ensuring compliance with regulations set by the HUD regarding rent charges and operating methods. At present, Brookhaven Homes For Elderly Inc manages 47 rental units in a complex, offering a secure and suitable living environment for its tenants.
Who is the CEO of Brookhaven Homes For Elderly Inc?
Kay Hale is the President of Brookhaven Homes For Elderly Inc.
What is the revenue of Brookhaven Homes For Elderly Inc?
Brookhaven Homes For Elderly Inc's revenue in 2022 was $251,279.
Who are the executives of Brookhaven Homes For Elderly Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Brookhaven Homes For Elderly Inc?
Brookhaven Homes For Elderly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brookhaven Homes For Elderly Inc
Brookhaven Homes for Elderly Inc, as a nonprofit organization, is dedicated to providing housing for individuals who are elderly or handicapped and fall into the low-income bracket. This mission aligns with Section 202 of the National Housing Act, which the organization adheres to in its operations. Brookhaven Homes for Elderly Inc's housing complex, regulated by the HUD, consists of 47 rental units, offering a safe and comfortable living environment for its tenants. The organization's primary goal is to ensure that these individuals have access to affordable housing, thereby contributing to their overall well-being and independence. By providing housing under Section 202 of the National Housing Act, Brookhaven Homes for Elderly Inc plays a crucial role in supporting vulnerable members of society, ensuring they have access to decent, affordable housing, and promoting their dignity and independence.
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Impact
October, 2024
Brookhaven Homes For Elderly Inc plays a crucial role in supporting low-income elderly and handicapped individuals by providing affordable housing options. With 47 rental units, it offers a safe and welcoming environment in Morristown, TN, specifically designed to meet the needs of vulnerable populations under Section 202 of the National Housing Act. The organization is regulated by HUD, ensuring that rent charges and operating methods are fair and sustainable.
By addressing housing needs, Brookhaven Homes enables elderly and handicapped tenants to maintain their independence while ensuring they have access to essential services and community support. This fosters a sense of belonging and stability, which is vital for the well-being of its residents. The impact of Brookhaven extends beyond housing; it enhances the quality of life for elderly and handicapped individuals, promoting dignity, security, and a greater sense of community.
This information is meant to be a general summary of Brookhaven 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 2022.
- Investment Income: $4
- Program Service Revenue: $171,380
- Gross Receipts: $251,279
Assets and Liabilities:
- Total Assets: $1,541,934
- Total Liabilities: $2,877,393
- Net Assets: -$1,335,459
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$168,165
LAUNDRY & VENDING INCO
Revenue
$1,962
TENANT CHARGES
Revenue
$1,253
Organization Details
Founding Year
1996
Phone
(423) 586-1494Principal Officer
Kay Hale
Main Address
PO BOX 1218, MORRISTOWN, TN, 378161218
NTEE Category
Code: L22 - Housing
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