Overview
What is Solon Community Housing Corporation?
Solon Community Housing Corporation, based in Solon, Iowa, is a dedicated nonprofit organization. Their primary mission is to offer affordable housing solutions to individuals who are 62 years old or above, or are disabled, regardless of their age. This mission is carried out through their day-to-day activities, which involve providing affordable housing options to the specified demographic. The corporation's work is deeply rooted in the community of Solon, with its headquarters located at 130 W Main Street.
Is Solon Community Housing Corporation legitimate?
Solon Community Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solon Community 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.
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What is the mission statement of Solon Community Housing Corporation?
The Solon Community Housing Corporation is dedicated to providing affordable housing for individuals who are 62 years old and above or disabled, regardless of their age. This organization's mission is centered around ensuring that these vulnerable groups have access to affordable living spaces. They strive to make a significant impact in the lives of these individuals by offering affordable housing options. The corporation's activities reflect its commitment to this mission, providing housing solutions that cater to the needs of its target population.
Who is the CEO of Solon Community Housing Corporation?
Allen Phillips is the President of Solon Community Housing Corporation.
What is the revenue of Solon Community Housing Corporation?
Solon Community Housing Corporation's revenue in 2022 was $189,002.
Who are the executives of Solon Community Housing Corporation and what are their salaries?
There 10 volunteers at Solon Community Housing Corporation.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Solon Community Housing Corporation?
Solon Community Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Solon Community Housing Corporation
Solon Community Housing Corporation is dedicated to providing affordable housing solutions for individuals who fall into one of two categories: those aged 62 and above, or individuals of any age who are disabled. This nonprofit organization's mission is to ensure that these vulnerable populations have access to safe and affordable living spaces, thereby contributing to their overall well-being and quality of life. By offering affordable housing options, Solon Community Housing Corporation plays a crucial role in ensuring that these individuals can focus on other aspects of their lives, such as medical care or personal growth, without the added financial burden of exorbitant housing costs. The corporation's commitment to this mission is reflected in its day-to-day operations, as it continually strives to provide housing solutions that are both affordable and dignified, empowering those it serves to live with dignity and independence.
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Impact
October, 2024
Solon Community Housing Corporation plays a crucial role in enhancing the quality of life for low-income residents who are 62 years and older or disabled, regardless of age. By providing affordable housing in Solon, IA, it addresses a significant need within the community, ensuring that vulnerable populations have access to safe and secure living environments.
This organization not only helps alleviate the financial burden associated with housing costs but also fosters a sense of community among its residents. By focusing on the needs of seniors and individuals with disabilities, it promotes inclusivity and support networks, allowing individuals to maintain their independence while having access to necessary resources. The impact of Solon Community Housing Corporation extends beyond mere shelter; it contributes to the overall well-being and stability of the community, enhancing the social fabric and economic health of the area.
This information is meant to be a general summary of Solon Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $371
- Program Service Revenue: $119,913
- Gross Receipts: $189,002
Assets and Liabilities:
- Total Assets: $688,722
- Total Liabilities: $548,085
- Net Assets: $140,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$94,660
RENTAL ASSISTANCE
Revenue
$24,764
LAUNDRY REVENUE
Revenue
$489
Organization Details
Founding Year
1998
Phone
(319) 480-6676Principal Officer
Allen Phillips
Main Address
130 W MAIN STREET, SOLON, IA, 52310
NTEE Category
Code: L21 - Housing
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