Overview
What is United Housing Pres Rehab And Development Fund Inc?
United Housing Pres Rehab and Development Fund Inc is a nonprofit organization situated in Lansing, Michigan. Their primary goal is to provide affordable housing for low-income individuals, achieving this through various activities such as ownership, lending, investing, managing, developing, and constructing properties. They operate within the guidelines of the IRS Section 42 low-income housing tax credit program and the IRS Section 146 tax-exempt bond program, as well as in conjunction with other state and federal housing programs. Their mission is to serve and accommodate residents in need of low-income housing solutions.
Is United Housing Pres Rehab And Development Fund Inc legitimate?
United Housing Pres Rehab And Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Housing Pres Rehab And Development Fund 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
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What is the mission statement of United Housing Pres Rehab And Development Fund Inc?
United Housing Pres Rehab and Development Fund Inc. is established with the primary objective of providing affordable housing for low-income individuals. They achieve this goal by engaging in various activities such as ownership, lending, investing, managing, developing, and constructing properties. This organization operates within the framework of the IRS Section 42 Low Income Housing Tax Credit Program and the IRS Section 146 Tax Exempt Bond Program, and sometimes in conjunction with other state and federal housing programs. The aim is to serve residents and contribute to the housing needs of the community.
Who is the CEO of United Housing Pres Rehab And Development Fund Inc?
Paul Barnett is the Secretary of United Housing Pres Rehab And Development Fund Inc.
What is the revenue of United Housing Pres Rehab And Development Fund Inc?
United Housing Pres Rehab And Development Fund Inc's revenue in 2022 was $444,486.
Who are the executives of United Housing Pres Rehab And Development Fund Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for United Housing Pres Rehab And Development Fund Inc?
United Housing Pres Rehab And Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United Housing Pres Rehab And Development Fund Inc
United Housing Pres Rehab and Development Fund Inc is established with a mission to provide low-income housing opportunities. The organization achieves this goal through various activities such as ownership, lending, investing, managing, developing, and constructing housing units. United Housing Pres Rehab and Development Fund Inc participates in the IRS Section 42 Low Income Housing Tax Credit Program and the IRS Section 146 Tax Exempt Bond Program. Additionally, the organization collaborates with other state and federal housing programs to serve its residents effectively. The primary objective of United Housing Pres Rehab and Development Fund Inc is to create a conducive living environment for low-income individuals, thereby contributing to the betterment of their communities.
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Impact
October, 2024
United Housing Pres Rehab and Development Fund Inc significantly impacts the community by providing low-income housing solutions in Lansing, MI. Through its activities in ownership, lending, investing, managing, developing, and constructing, it facilitates access to affordable housing for residents in need.
By participating in the IRS Section 42 Low Income Housing Tax Credit Program and the IRS Section 146 Tax Exempt Bond Program, as well as collaborating with various state and federal housing initiatives, the organization helps create sustainable living environments for low-income households. This not only addresses immediate housing needs but also contributes to community stability and economic diversity. The Fund's commitment to supporting residents translates into improved quality of life and greater accessibility to essential services for those who might otherwise be marginalized or overlooked in the housing market.
This information is meant to be a general summary of United Housing Pres Rehab And Development Fund 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.
- Program Service Revenue: $444,486
- Gross Receipts: $444,486
Assets and Liabilities:
- Total Assets: $1,712,738
- Total Liabilities: $25
- Net Assets: $1,712,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXCEL - PRESQUE VIEW
Revenue
$225,624
EXCEL - OTSEGO III
Revenue
$86,234
EXCEL - DOWAGIC
Revenue
$46,112
EXCEL - OTSEGO SENIOR
Revenue
$31,591
EXCEL - OTSEGO IV
Revenue
$30,031
Organization Details
Founding Year
2012
Phone
(216) 378-9610Principal Officer
Paul Barnett
Main Address
1118 S WASHINGTON, LANSING, MI, 48910
NTEE Category
Code: L25 - Housing
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