Hermitage Housing Develpment Corporation Inc

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

EIN: 431054969 ✦ Preston, MO ✦ Designated as a 501(c)(4)

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Overview

What is Hermitage Housing Develpment Corporation Inc?

Hermitage Housing Development Corporation Inc is a nonprofit organization situated in Preston, Missouri. Their primary focus is to provide affordable housing options for the elderly and disabled, with 16 units consistently occupied. Their mission revolves around offering low-cost apartments as a means of support for this specific population. The organization's housing solution plays an essential role in the community, ensuring that eligible individuals have access to safe and affordable living spaces.

Is Hermitage Housing Develpment Corporation Inc legitimate?

Hermitage Housing Develpment Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hermitage Housing Develpment Corporation 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: $0

For more financial information, click here

What is the mission statement of Hermitage Housing Develpment Corporation Inc?

Hermitage Housing Development Corporation Inc's primary mission is to offer affordable housing solutions, specifically catering to the elderly and disabled individuals. The corporation consistently manages 16 units, ensuring they are always occupied. Their mission is centered around providing a living space that is financially accessible for this particular population, demonstrating a commitment to their well-being and independence.

Who is the CEO of Hermitage Housing Develpment Corporation Inc?

Shereece Defreece is the Secretary of Hermitage Housing Develpment Corporation Inc.

What is the revenue of Hermitage Housing Develpment Corporation Inc?

Hermitage Housing Develpment Corporation Inc's revenue in 2022 was $74,267.

Who are the executives of Hermitage Housing Develpment Corporation Inc and what are their salaries?


Here are 10 key members and their salaries:


Don Ginnings (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shereece Defreece (Treasurer And Manager)
  • Compensation: $12,200
  • Related: $0
  • Other: $0
Alan Murray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Koenig (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Lightfoot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Pitts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murl Darby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Perkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Acker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Crawford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hermitage Housing Develpment Corporation Inc?

Hermitage Housing Develpment Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hermitage Housing Develpment Corporation Inc

Hermitage Housing Development Corporation Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and disabled community. With a consistent occupancy rate of 16 units, this housing development is committed to offering a living space that caters to the specific needs of its residents. The corporation's mission is centered around the provision of low-cost apartments, ensuring that elderly and disabled individuals have access to suitable housing options.

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Impact




October, 2024

Hermitage Housing Development Corporation Inc significantly enhances the quality of life for the elderly and disabled in Preston, MO, by providing low-cost apartments tailored to their needs. With 16 consistently filled units, the organization addresses a critical housing demand, ensuring that vulnerable populations have access to safe, affordable living spaces. This initiative not only alleviates housing insecurity for these individuals but also fosters a sense of community and support among residents, promoting their overall well-being and independence. The impact is evident in the stability and security it offers, making a meaningful difference in the lives of its residents.




This information is meant to be a general summary of Hermitage Housing Develpment Corporation 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
$74,267 (2022)
Expenses
$72,648 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $963
  • Program Service Revenue: $73,304
  • Gross Receipts: $74,267

Assets and Liabilities:

  • Total Assets: $134,177
  • Total Liabilities: $32,934
  • Net Assets: $101,243

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Programs

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

RENTAL INCOME

Revenue

$73,304

Organization Details

Founding Year

1975

Principal Officer

Shereece Defreece

Main Address

18314 US HWY 65, Preston, MO, 65732

NTEE Category

Code: L21 - Housing

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