Overview
What is Cloverdale Community Housing Inc?
Cloverdale Community Housing Inc is a nonprofit organization situated in Cloverdale, Indiana. Their primary mission is to offer affordable housing for low-income individuals, specifically the elderly, under the FMHA Subsidized Housing Program. The organization has demonstrated a remarkable consistency, maintaining occupancy rates above 95% throughout the year. Their commitment to providing housing solutions for those in need is evident in their dedicated efforts.
Is Cloverdale Community Housing Inc legitimate?
Cloverdale Community Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cloverdale Community 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: $31,556
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What is the mission statement of Cloverdale Community Housing Inc?
Cloverdale Community Housing Inc's mission is centered around providing affordable housing for individuals with low income, under the Federal Housing and Mortgage Corporation (FHMA) subsidized housing program. The organization's primary goal is to ensure that this housing is accessible to the elderly as well. Throughout the year, the organization has consistently maintained occupancy rates exceeding 95%, demonstrating their commitment to providing housing solutions.
Who is the CEO of Cloverdale Community Housing Inc?
Sonny Stoltz is the Member of Cloverdale Community Housing Inc.
What is the revenue of Cloverdale Community Housing Inc?
Cloverdale Community Housing Inc's revenue in 2022 was $112,832.
Who are the executives of Cloverdale Community Housing Inc and what are their salaries?
There 6 volunteers at Cloverdale Community Housing Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Cloverdale Community Housing Inc?
Cloverdale Community Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cloverdale Community Housing Inc
Cloverdale Community Housing Inc, as a nonprofit organization, is dedicated to providing affordable housing for individuals with low incomes. Specifically, it operates under the Federal Housing Administration (FHMA) subsidized housing program. This mission is crucial in ensuring that elderly individuals, who often have limited income resources, can secure a place to call home. Throughout the year, Cloverdale Community Housing Inc maintains occupancy rates exceeding 95%, demonstrating its commitment to its mission and the needs of its community. By providing affordable housing, this organization plays a significant role in supporting the well-being and stability of its residents.
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Impact
October, 2024
Cloverdale Community Housing Inc. plays a vital role in facilitating affordable housing for low-income individuals and elderly residents in Cloverdale, Indiana. By participating in the FMHA subsidized housing program, the organization addresses the pressing need for accessible living spaces, ensuring that vulnerable populations have a place to call home. With occupancy rates consistently exceeding 95%, Cloverdale Community Housing demonstrates its success in providing stable housing opportunities, positively impacting the lives of those it serves and contributing to the overall well-being of the community.
This information is meant to be a general summary of Cloverdale Community 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: -$60,420
- Program Service Revenue: $173,252
- Gross Receipts: $173,361
Assets and Liabilities:
- Total Assets: $592,509
- Total Liabilities: $165,920
- Net Assets: $426,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$173,252
Organization Details
Founding Year
1977
Phone
(765) 795-6402Principal Officer
Sonny Stoltz
Main Address
452 N GRANT, CLOVERDALE, IN, 46120
NTEE Category
Code: L22Z - Housing
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