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Morgan W Tann Housing Inc

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

EIN: 311768801 ✦ Washington, NC ✦ Designated as a 501(c)(3)

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Overview

What is Morgan W Tann Housing Inc?

Morgan W Tann Housing Inc is a nonprofit organization situated in Washington, North Carolina. Their primary mission is to manage and operate a 37-unit apartment complex specifically designed for the elderly residing in Reidsville, NC. The organization's purpose is to provide a comfortable living environment and necessary accommodations for this age group.

Is Morgan W Tann Housing Inc legitimate?

Morgan W Tann Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgan W Tann 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Morgan W Tann Housing Inc?

Morgan W Tann Housing Inc's mission is centered around providing housing services. Specifically, the organization operates a 37-unit apartment complex, catering to the elderly population. This mission is carried out with the aim of providing a suitable living environment for the elderly, ensuring their needs are met. The apartment complex is situated in an undisclosed location, but the focus remains on providing elderly individuals with a comfortable and suitable living space.

What is the revenue of Morgan W Tann Housing Inc?

Morgan W Tann Housing Inc's revenue in 2023 was $303,202.

Who are the executives of Morgan W Tann Housing Inc and what are their salaries?

There 7 volunteers at Morgan W Tann Housing Inc.

Here are 7 key members and their salaries:


Eric Whitaker (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrick Witherspoon (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mildred K Randolph (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce O'Neal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Watsi Sutton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Solomon Ore Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Mccullough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Morgan W Tann Housing Inc?

Morgan W Tann Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Morgan W Tann Housing Inc

Morgan W Tann Housing Inc, as a nonprofit organization, is dedicated to operating a 37-unit apartment complex primarily for the elderly. This mission encompasses providing a residential environment that caters to the needs of the elderly population, ensuring they live in a suitable and supportive setting. The organization's primary objective is to manage and maintain this apartment complex, ensuring it serves as a comfortable and secure living space for its elderly residents in Reidsville, NC. By operating this facility, Morgan W Tann Housing Inc aims to contribute positively to the lives of the elderly, providing them with a place they can call home.

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Impact




October, 2024

Morgan W Tann Housing Inc significantly enhances the quality of life for elderly residents in Reidsville, NC, by providing affordable and accessible housing. The organization operates a 37-unit apartment complex specifically designed for older adults, creating a supportive community that fosters independence and social interaction. By focusing on the housing needs of the elderly, Morgan W Tann Housing Inc helps alleviate the challenges of aging, ensuring that residents have a safe, stable, and comfortable environment. This initiative not only meets essential housing needs but also contributes to the overall well-being and dignity of seniors in the area. Through this impactful work, the organization plays a vital role in enhancing the lives of its residents and strengthening the community.




This information is meant to be a general summary of Morgan W Tann 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.

Revenue
$303,202 (2023)
Expenses
$369,572 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,495
  • Program Service Revenue: $101,647
  • Gross Receipts: $303,202

Assets and Liabilities:

  • Total Assets: $1,446,557
  • Total Liabilities: $2,841,444
  • Net Assets: -$1,394,887

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$100,771

TENANT CHARGES

Revenue

$684

LAUNDRY AND VENDING

Revenue

$192

Organization Details

Founding Year

2001

Principal Officer

Garrick Witherspoon

NTEE Category

Code: L21 - Housing

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