Overview
What is Knox County Rural Housing Finance Corp?
Knox County Rural Housing Finance Corp is a charitable organization, established in Indiana, specifically serving the communities of Oaktown, Monroe City, and Bicknell. Its primary mission is to offer affordable housing solutions for low-income families and the elderly. This non-profit organization not only builds but also manages these low-income housing units. Furthermore, they assist with operational expenses for apartments designed for these demographics. The ultimate goal is to ensure that individuals in need have access to safe and affordable housing options.
Is Knox County Rural Housing Finance Corp legitimate?
Knox County Rural Housing Finance Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knox County Rural Housing Finance Corp 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: $77,133
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What is the mission statement of Knox County Rural Housing Finance Corp?
Knox County Rural Housing Finance Corporation is a non-profit entity dedicated to providing affordable housing solutions for low-income families and the elderly. Its mission encompasses constructing and managing housing units, as well as assisting in covering operational expenses for these dwellings. The organization's primary goal is to contribute to the well-being of its clients by offering them affordable living spaces.
What is the revenue of Knox County Rural Housing Finance Corp?
Knox County Rural Housing Finance Corp's revenue in 2023 was $311,769.
Who are the executives of Knox County Rural Housing Finance Corp and what are their salaries?
The average compensation at Knox County Rural Housing Finance Corp during 2023 was $38,566. There are 2 employees at Knox County Rural Housing Finance Corp.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Knox County Rural Housing Finance Corp?
Knox County Rural Housing Finance Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Knox County Rural Housing Finance Corp
Knox County Rural Housing Finance Corporation, a non-profit organization, is dedicated to providing affordable housing solutions for low-income families and the elderly. Situated in various communities, including Oaktown, Monroe City, and Bicknell, Indiana, this corporation goes beyond just constructing housing units. It also extends its support to cover operational costs for these apartments, ensuring they remain accessible to their intended residents. By doing so, Knox County Rural Housing Finance Corporation plays a significant role in promoting housing stability and affordability for those in need.
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Impact
October, 2024
Knox County Rural Housing Finance Corp significantly impacts communities in Oaktown, Monroe City, and Bicknell, Indiana, by constructing and managing low-income housing for families. By offering affordable housing solutions, the organization alleviates the financial burden faced by low-income families and elderly clients, making it easier for them to secure stable living conditions. This, in turn, fosters community stability and promotes a better quality of life for residents. Furthermore, by assisting with operational costs for apartments, the organization ensures that vulnerable populations have access to essential housing resources, contributing to the overall well-being of these communities.
This information is meant to be a general summary of Knox County Rural Housing Finance Corp. 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: $7
- Program Service Revenue: $307,043
- Gross Receipts: $311,769
Assets and Liabilities:
- Total Assets: $1,152,764
- Total Liabilities: $724,029
- Net Assets: $428,735
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENT
Revenue
$307,043
Organization Details
Founding Year
1993
Principal Officer
Steve Spidel
NTEE Category
Code: L200 - Housing
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