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William's Place Inc

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

EIN: 371618932 ✦ Cayce, SC ✦ Designated as a 501(c)(3)

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Overview

What is William's Place Inc?

William's Place Inc is a South Carolina-based nonprofit corporation, established in accordance with the state's not-for-profit regulations. Their primary mission is to operate a 14-unit project named William's Place Apartments, situated in Cayce, South Carolina. This project provides housing for low-income elderly individuals and handicapped persons. The corporation receives housing assistance from the U.S. Department of Housing and Urban Development under Section 811 of the National Housing Act, thereby enabling them to offer affordable housing options to those in need.

Is William's Place Inc legitimate?

William's Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. William's Place 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: $20,470

For more financial information, click here

What is the mission statement of William's Place Inc?

William's Place Inc is a not-for-profit corporation established under the statutes of South Carolina. Its primary objective is to operate a 14-unit housing project, known as William's Place Apartments, which provides affordable housing for low-income elderly individuals and handicapped persons. The corporation receives housing assistance from the U.S. Department of Housing and Urban Development, under Section 811 of the National Housing Act, to aid in this mission. The corporation's purpose is to provide a safe and supportive living environment for those in need, promoting a sense of community and independence.

Who is the CEO of William's Place Inc?

Joy Jay is the Treasurer of William's Place Inc.

What is the revenue of William's Place Inc?

William's Place Inc's revenue in 2023 was $96,919.

Who are the executives of William's Place Inc and what are their salaries?


Here are 6 key members and their salaries:


Maggie Chernok (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Gilmore (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Jay (Exec Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Jennsen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Shields (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Torro (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for William's Place Inc?

William's Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of William's Place Inc

William's Place Inc, a not-for-profit corporation, was established in compliance with South Carolina's not-for-profit statutes. Its primary objective is to manage a 14-unit housing project named William's Place Apartments, situated in Cayce, South Carolina. This project is dedicated to providing affordable housing for low-income elderly individuals and persons with disabilities. William's Place Inc. receives housing assistance from the U.S. Department of Housing and Urban Development, under Section 811 of the National Housing Act, which has been amended. The corporation's mission is to ensure that these vulnerable groups have access to secure and suitable housing, thereby improving their overall quality of life.

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Impact




October, 2024

William's Place Inc significantly impacts the community by providing essential housing for low-income elderly and handicapped individuals in Cayce, South Carolina. Through its 14-unit William's Place Apartments, the organization addresses critical needs for affordable living spaces, ensuring that vulnerable populations have a stable and secure environment.

The assistance received from the U.S. Department of Housing and Urban Development enables William's Place Inc to deliver these services effectively, thereby enhancing the quality of life for residents. This commitment not only fosters independence and dignity for its tenants but also strengthens the community by ensuring that its elderly and handicapped members are supported and integrated into society. By focusing on these underserved groups, William's Place Inc plays a vital role in promoting equity and access to housing in the region.




This information is meant to be a general summary of William's Place 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
$96,919 (2023)
Expenses
$135,494 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $35
  • Program Service Revenue: $32,130
  • Gross Receipts: $96,919

Assets and Liabilities:

  • Total Assets: $1,226,562
  • Total Liabilities: $1,707,924
  • Net Assets: -$481,362

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Programs

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

RENT REVENUE

Revenue

$32,130

Organization Details

Founding Year

2010

Principal Officer

Joy Jay

Main Address

2201 COMMERCE DRIVE, CAYCE, SC, 29033

NTEE Category

Code: P73 - Human services

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