Synergy Non-Profit Housing Corporation

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

EIN: 383220220 ✦ Grand rapids, MI ✦ Designated as a 501(c)(2)

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Overview

What is Synergy Non-Profit Housing Corporation?

Synergy Non-Profit Housing Corporation is a charitable organization based in Grand Rapids, Michigan. Their primary mission is to offer affordable housing to low and moderate-income families and adults, ensuring they reside in safe neighborhoods. The organization adheres to HUD income guidelines to distribute income-based rentals, aimed at enhancing comfort and accessibility for their beneficiaries. Synergy Non-Profit Housing Corporation operates with a Christian ethos, striving to empower individuals to overcome challenges and attain their highest level of independence.


Official website here: www.hopenetwork.org

Is Synergy Non-Profit Housing Corporation legitimate?

Synergy Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Synergy Non-Profit Housing Corporation 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


Official website here: www.hopenetwork.org

What is the mission statement of Synergy Non-Profit Housing Corporation?

Synergy Non-Profit Housing Corporation, in its mission, operates with a Christian approach, aiming to empower individuals to surmount challenges and attain their highest level of independence. Through its services, it offers subsidized housing that is both comfortable and affordable, located in safe neighborhoods. This housing is designed for low and moderate-income adults and families, adhering to HUD income guidelines. The organization's objective is to create an environment where individuals feel at home and can thrive with a sense of security and independence.


Official website here: www.hopenetwork.org

Who is the CEO of Synergy Non-Profit Housing Corporation?

Heather Zak is the President of Synergy Non-Profit Housing Corporation.


Official website here: www.hopenetwork.org

What is the revenue of Synergy Non-Profit Housing Corporation?

Synergy Non-Profit Housing Corporation's revenue in 2022 was $124,967.


Official website here: www.hopenetwork.org

Who are the executives of Synergy Non-Profit Housing Corporation and what are their salaries?


Here are 5 key members and their salaries:


Phillip W Weaver (President)
  • Compensation: $0
  • Related: $482,662
  • Other: $31,077
Timothy Becker (Vice President And Secreta)
  • Compensation: $0
  • Related: $248,776
  • Other: $24,191
Andre Pierre (Former Treasurer)
  • Compensation: $0
  • Related: $225,637
  • Other: $14,234
William Anstey (Treasurer)
  • Compensation: $0
  • Related: $102,707
  • Other: $4,684
Anthony Barker (Executive Director Housing & Community Development)
  • Compensation: $0
  • Related: $129,965
  • Other: $6,563


Official website here: www.hopenetwork.org

Where can I find the form 990 for Synergy Non-Profit Housing Corporation?

Synergy Non-Profit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopenetwork.org

Learn more at the official website: www.hopenetwork.org

Mission Statement of Synergy Non-Profit Housing Corporation

Synergy Non-Profit Housing Corporation, operating in Christian service, is dedicated to empowering individuals to overcome challenges and attain their highest level of independence. Their mission is rooted in the belief that everyone deserves a comfortable, affordable living space in a safe neighborhood. This non-profit organization provides subsidized housing services, catering to low and moderate-income adults and families, in accordance with the HUD income guidelines. Their ultimate goal is to help individuals feel at home, providing them with a sense of security and the opportunity to thrive.

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Impact




October, 2024

Synergy Non-Profit Housing Corporation plays a vital role in improving community well-being by providing affordable, income-based housing options for low and moderate-income adults and families in Grand Rapids, MI. Their commitment to ensuring comfortable and safe living conditions allows residents to feel at home while overcoming personal challenges. By adhering to HUD income guidelines, they make housing accessible to those who need it most, fostering independence and stability in the community.

Through its services, Synergy empowers individuals to achieve their highest level of self-sufficiency, promoting not just housing security but also enhancing the overall quality of life for families. The organization’s focus on community improvement underpins its mission, reinforcing a supportive environment where residents can thrive. By prioritizing safe neighborhoods and affordable living, Synergy plays a crucial role in building a stronger, more resilient community.




This information is meant to be a general summary of Synergy Non-Profit Housing Corporation. 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
$124,967 (2022)
Expenses
$134,926 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,068
  • Program Service Revenue: $123,899
  • Gross Receipts: $124,967

Assets and Liabilities:

  • Total Assets: $429,194
  • Total Liabilities: $246,976
  • Net Assets: $182,218

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Programs

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

RENTAL REVENUE

Revenue

$117,065

FEES FROM GOV'T AGENCY

Revenue

$3,781

LAUNDRY AND TENANT CHA

Revenue

$3,053

Organization Details

Founding Year

1995

Principal Officer

Heather Zak

Main Address

3075 ORCHARD VISTA DR SE, GRAND RAPIDS, MI, 49546

NTEE Category

Code: S47 - Community improvement

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