Overview
What is Poston Housing Inc?
Poston Housing Inc, located in Germantown, Tennessee, is a nonprofit organization dedicated to providing housing solutions for low-income elderly individuals. Operating under Section 202 of the National Housing Act, Poston Housing Inc has entered into an agreement with the Department of Housing and Urban Development. The organization's primary mission is to offer housing services, making a considerable impact on the elderly population in need.
Is Poston Housing Inc legitimate?
Poston Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poston Housing 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: $86,775
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What is the mission statement of Poston Housing Inc?
Poston Housing Inc, as part of its mission, provides housing solutions for low-income elderly individuals. This is done in compliance with Section 202 of the National Housing Act, under an agreement with the Department of Housing and Urban Development (HUD). The organization's primary goal is to ensure that elderly individuals with limited income have access to safe and comfortable housing. By adhering to this mission, Poston Housing Inc contributes to improving the living conditions and overall well-being of its resident community. The organization's activities are guided by the principles of the National Housing Act, with a focus on providing affordable and sustainable housing solutions for elderly individuals.
Who is the CEO of Poston Housing Inc?
Solomon Garrett is the President of Poston Housing Inc.
What is the revenue of Poston Housing Inc?
Poston Housing Inc's revenue in 2022 was $426,378.
Who are the executives of Poston Housing Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Poston Housing Inc?
Poston Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Poston Housing Inc
Poston Housing Inc, a nonprofit organization, is dedicated to providing housing solutions for low-income elderly individuals. Under the agreement with the Department of Housing and Urban Development, Poston Housing Inc operates under Section 202 of the National Housing Act. The primary mission of this organization is to offer a secure living environment for this specific demographic, ensuring they have access to adequate housing. This commitment to elderly individuals is a vital part of Poston Housing Inc's mission, contributing to the well-being and stability of the community.
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Impact
October, 2024
Poston Housing Inc plays a crucial role in addressing the housing needs of low-income elderly individuals in Germantown, TN. By providing safe and affordable housing options under Section 202 of the National Housing Act, it ensures that vulnerable seniors have access to essential living conditions that promote dignity and stability. This initiative not only meets the immediate shelter needs of the elderly but also fosters a sense of community and well-being among its residents. Partnering with the Department of HUD, Poston Housing Inc contributes significantly to improving the quality of life for seniors, allowing them to age in place with the support they require.
This information is meant to be a general summary of Poston Housing 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: $127
- Program Service Revenue: $426,251
- Gross Receipts: $426,378
Assets and Liabilities:
- Total Assets: $1,831,266
- Total Liabilities: $33,586
- Net Assets: $1,797,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$426,251
Organization Details
Founding Year
1999
Phone
(901) 759-7284Principal Officer
Solomon Garrett
Main Address
2171 JUDICIAL DRIVE RM/STE 200, GERMANTOWN, TN, 38138
NTEE Category
Code: L22 - Housing
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