Overview
What is Shawmet Homes Inc?
Shawmet Homes Inc is a nonprofit organization that specializes in providing affordable housing options for families with low and middle incomes. Their mission is centered around this, offering an apartment complex specifically designed for this purpose. By doing so, they aim to make housing more accessible to a broader population segment, thereby contributing positively to their community.
Is Shawmet Homes Inc legitimate?
Shawmet Homes Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Shawmet Homes 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: $442,725
For more financial information, click here
What is the mission statement of Shawmet Homes Inc?
Shawmet Homes Inc. is committed to providing affordable housing options for families with low and middle incomes. Their mission is realized through the provision of low-income housing, as demonstrated by their apartment complex specifically designed for this purpose. By making housing more accessible, Shawmet Homes aims to contribute positively to the lives of many families in need.
Who is the CEO of Shawmet Homes Inc?
Idonna Bragg is the Principal Officer of Shawmet Homes Inc.
What is the revenue of Shawmet Homes Inc?
Shawmet Homes Inc's revenue in 2022 was $2,427,665.
Who are the executives of Shawmet Homes Inc and what are their salaries?
The average compensation at Shawmet Homes Inc during 2022 was $36,894. There are 12 employees at Shawmet Homes Inc.
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Where can I find the form 990 for Shawmet Homes Inc?
Shawmet Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shawmet Homes Inc
Shawmet Homes Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for families falling under the low and middle income brackets. Their mission lies in creating an environment where these families can secure a residence without straining their financial resources excessively. To accomplish this, Shawmet Homes Inc has developed an apartment complex specifically designed for this purpose. By offering affordable housing options, this nonprofit is playing a pivotal role in improving the living conditions of many families and providing them with a stable and safe environment to call home.
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Impact
October, 2024
Shawmet Homes Inc plays a crucial role in addressing the housing needs of low and middle-income families in Kansas City, Missouri. By providing affordable housing options, the organization helps alleviate some of the financial pressures faced by families in these income brackets. Through its dedicated apartment complex, Shawmet Homes ensures that individuals and families have access to safe, stable, and affordable living conditions, fostering a sense of community and improving overall quality of life.
The impact of Shawmet Homes extends beyond mere housing; it contributes to the economic stability of families, allowing them to allocate resources towards education, healthcare, and other essential needs. By prioritizing low-income housing, Shawmet Homes Inc plays a vital part in enhancing social equity and promoting community development within Kansas City.
This information is meant to be a general summary of Shawmet Homes 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: $435
- Program Service Revenue: $2,427,230
- Gross Receipts: $2,427,665
Assets and Liabilities:
- Total Assets: $3,148,066
- Total Liabilities: $4,014,796
- Net Assets: -$866,730
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APT RENTAL - LOW INCOME HOUSING
Revenue
$2,427,230
Organization Details
Founding Year
1992
Phone
(816) 561-4240Principal Officer
Idonna Bragg
Main Address
c/o Yarco Co - 7920 WARD PARKWAY, KANSAS CITY, MO, 64114
NTEE Category
Code: L20Z - Housing
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