Overview
What is First Richland-Morrow Housing Inc Viii?
First Richland-Morrow Housing Inc Viii, located in Columbus, Ohio, is a nonprofit organization dedicated to offering affordable housing options for elderly individuals. Operating as a housing development, construction, and management entity, they specialize in providing HUD subsidized housing through various programs. Madison Terrace, a project under their umbrella, provides a home for those with limited income, contributing to the betterment of their community.
Is First Richland-Morrow Housing Inc Viii legitimate?
First Richland-Morrow Housing Inc Viii is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Richland-Morrow Housing Inc Viii 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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Other Salaries and Wages: $24,663
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What is the mission statement of First Richland-Morrow Housing Inc Viii?
First Richland-Morrow Housing Inc Viii, through its project Madison Terrace, is committed to providing affordable housing for the elderly. Acting as a housing development, construction, and management organization, they offer programs that ensure eligibility based on income and utilize HUD subsidies to make housing accessible. Their goal is to offer a secure living space for elderly individuals, enhancing their quality of life.
What is the revenue of First Richland-Morrow Housing Inc Viii?
First Richland-Morrow Housing Inc Viii's revenue in 2023 was $147,283.
Who are the executives of First Richland-Morrow Housing Inc Viii and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for First Richland-Morrow Housing Inc Viii?
First Richland-Morrow Housing Inc Viii's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of First Richland-Morrow Housing Inc Viii
First Richland-Morrow Housing Inc VIII, with a focus on low-income housing, operates as a development, construction, and management organization. Their mission, embodied in the project known as Madison Terrace, is to provide affordable housing for elderly individuals in Columbus, Ohio. This nonprofit organization offers programs that facilitate the provision of HUD-subsidized housing, aiming to meet the housing needs of this vulnerable population. By offering such services, First Richland-Morrow Housing Inc VIII contributes to ensuring that elderly individuals have access to safe and affordable housing, promoting their overall well-being and independence.
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Impact
October, 2024
First Richland-Morrow Housing Inc Viii significantly impacts the community by addressing the critical need for affordable housing among elderly individuals in Columbus, OH. Through its Madison Terrace initiative, it focuses on providing low-income housing options that enhance the living conditions of seniors. By operating as a housing development, construction, and management organization, it ensures that these vulnerable populations have access to safe, stable, and supportive living environments.
The impact extends beyond just housing; by offering HUD-subsidized programs, it alleviates financial burdens on elderly residents, allowing them to allocate their limited resources to other essential needs such as healthcare and daily living expenses. This improves their overall quality of life and fosters independence during their senior years.
Moreover, the focus on low-income housing contributes to a more equitable community, helping to reduce homelessness and housing instability among older adults. First Richland-Morrow Housing Inc Viii serves as a model for addressing similar challenges faced across other regions, highlighting the importance of dedicated efforts in providing sustainable housing solutions for senior populations.
This information is meant to be a general summary of First Richland-Morrow Housing Inc Viii. 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: $9
- Program Service Revenue: $67,854
- Gross Receipts: $147,283
Assets and Liabilities:
- Total Assets: $658,187
- Total Liabilities: $1,434,924
- Net Assets: -$776,737
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$67,854
Organization Details
Founding Year
2000
Principal Officer
Obie Stillwell
NTEE Category
Code: L200 - Housing
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