Overview
What is Pilgrim-Oedc Development Corp?
Pilgrim-Oedc Development Corp is a nonprofit organization situated in Omaha, Nebraska. Their primary focus is to provide affordable housing for low-income elderly individuals. They operate 20 living units and adhere to regulations set by the U.S. Department of Housing and Urban Development (HUD) under Section 202 and Section 8 of the National Housing Act. Their major program is the Section 202 Capital Advance. The organization's mission is to offer housing assistance to both low-income and very-low income elderly persons, ensuring they have a safe and comfortable living space.
Is Pilgrim-Oedc Development Corp legitimate?
Pilgrim-Oedc Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pilgrim-Oedc Development Corp 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: $13,211
For more financial information, click here
What is the mission statement of Pilgrim-Oedc Development Corp?
Pilgrim-Oedc Development Corp's mission is centered around providing housing for individuals with low and very low income, specifically focusing on the elderly population. They accomplish this through the use of Section 8 housing subsidies. The organization operates a project in Nebraska, consisting of 20 living units for elderly persons. This project is regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rental charges and operating methods. The major program of Pilgrim-Oedc Development Corp is its Section 202 Capital Advance, which plays a significant role in their mission to provide affordable housing solutions.
Who is the CEO of Pilgrim-Oedc Development Corp?
Tracey Newby is the Principal Officer of Pilgrim-Oedc Development Corp.
What is the revenue of Pilgrim-Oedc Development Corp?
Pilgrim-Oedc Development Corp's revenue in 2022 was $150,459.
Who are the executives of Pilgrim-Oedc Development Corp and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $131,306
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- Related: $164,148
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Where can I find the form 990 for Pilgrim-Oedc Development Corp?
Pilgrim-Oedc Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pilgrim-Oedc Development Corp
Pilgrim-Oedc Development Corp is dedicated to providing housing solutions for low-income elderly individuals. Their mission is centered around offering affordable living spaces to both low-income and very-low income persons. The organization operates under the guidance of Section 8 housing subsidies, ensuring that rental costs remain accessible and manageable for the intended population. The project, consisting of 20 living units, is regulated by the U.S. Department of Housing and Urban Development (HUD), which oversees the rental charges and operating methods. The primary focus of Pilgrim-Oedc Development Corp's mission is their Section 202 Capital Advance program, which plays a significant role in their operations and commitment to providing affordable housing for elderly individuals.
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Impact
October, 2024
Pilgrim-Oedc Development Corp significantly enhances the lives of low-income elderly individuals in Omaha, Nebraska, by providing essential housing opportunities. With a dedicated project comprising 20 living units, it operates under established federal programs such as Section 202 and Section 8 of the National Housing Act, ensuring residents benefit from subsidized rental rates and regulated operating methods set by the U.S. Department of Housing and Urban Development (HUD).
The impact of this initiative extends beyond just providing shelter; it fosters a supportive community for elderly residents, alleviates the burden of housing costs, and promotes stability in their later years. By focusing on low-income and very-low-income demographics, Pilgrim-Oedc Development Corp plays a crucial role in addressing the affordable housing crisis, helping to ensure that vulnerable populations have access to safe and dignified living arrangements. The organization’s commitment to enriching the quality of life for elderly residents reflects a broader mission of fostering social equity and enhancing community well-being.
This information is meant to be a general summary of Pilgrim-Oedc Development Corp. 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: $82
- Program Service Revenue: $150,377
- Gross Receipts: $150,459
Assets and Liabilities:
- Total Assets: $520,662
- Total Liabilities: $1,584,415
- Net Assets: -$1,063,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$150,377
Organization Details
Founding Year
2001
Phone
(402) 346-2300Principal Officer
Tracey Newby
Main Address
2221 N 24TH STREET, OMAHA, NE, 68110
NTEE Category
Code: L22 - Housing
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