Overview
What is Princeton Ministries 4 Inc?
Princeton Ministries 4 Inc, established in 2015 in accordance with Kentucky's not-for-profit laws, is a charitable organization dedicated to providing affordable low-income housing for the elderly and indigent. Guided by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act, Princeton Ministries 4 Inc owns and manages a 40-unit apartment community named Princeton Manor in Princeton, Kentucky. Their mission is to offer housing and related programs that cater to the needs of this specific demographic, aiming to enhance their quality of life.
Is Princeton Ministries 4 Inc legitimate?
Princeton Ministries 4 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Ministries 4 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: $74,089
For more financial information, click here
What is the mission statement of Princeton Ministries 4 Inc?
Princeton Ministries 4 Inc, established in accordance with Kentucky's not-for-profit laws, was founded with the goal of providing affordable housing for the elderly and indigent. The organization operates under the guidelines set by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. The mission of Princeton Ministries 4 Inc is to establish, own, and maintain affordable housing programs, catering specifically to the needs of the aging and indigent population. Their efforts are geared towards making housing more accessible and affordable for those who require it the most. Currently, the organization manages a 40-unit apartment community in Princeton, Kentucky, known as Princeton Manor.
Who is the CEO of Princeton Ministries 4 Inc?
Melissa Clayton is the President/Director of Princeton Ministries 4 Inc.
What is the revenue of Princeton Ministries 4 Inc?
Princeton Ministries 4 Inc's revenue in 2022 was $398,719.
Who are the executives of Princeton Ministries 4 Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $134,820
- Other: $30,258
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $192,019
- Other: $31,505
- Compensation: $0
- Related: $189,811
- Other: $4,240
Where can I find the form 990 for Princeton Ministries 4 Inc?
Princeton Ministries 4 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Princeton Ministries 4 Inc
Princeton Ministries 4 Inc, established in 2015, was founded with a mission to establish, own, and maintain affordable low-income housing and related programs for the aging and indigent. This mission aligns with the guidelines set by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. The organization's primary goal is to provide a living space and necessary support systems for individuals who are financially disadvantaged and senior in age. Princeton Ministries 4 Inc is committed to upholding these principles, ensuring that those in need have access to adequate housing and related services. The corporation currently manages a 40-unit apartment community, known as Princeton Manor, in Princeton, Kentucky.
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Impact
October, 2024
Princeton Ministries 4 Inc has significantly impacted the community by providing affordable housing options for low-income individuals, particularly the aging and indigent populations. Established in 2015, the organization operates a 40-unit apartment community known as Princeton Manor in Princeton, Kentucky. This initiative plays a crucial role in addressing housing insecurity, ensuring that vulnerable members of the community have access to safe and affordable living conditions.
By adhering to the guidelines set forth by the U.S. Department of Housing and Urban Development (HUD), Princeton Ministries 4 Inc not only offers housing but also implements various related housing programs that foster stability and supportive living environments for residents. This focus on affordable housing promotes inclusivity and helps enhance the quality of life for those who might otherwise struggle to find adequate shelter.
Through its efforts, Princeton Ministries 4 Inc contributes to the overall well-being of the community by alleviating poverty-related issues, promoting dignity among low-income households, and sustaining a supportive network for individuals in need. Its work exemplifies a commitment to creating lasting social impact and improving the living conditions for some of society's most vulnerable members.
This information is meant to be a general summary of Princeton Ministries 4 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: $30
- Program Service Revenue: $54,043
- Gross Receipts: $398,719
Assets and Liabilities:
- Total Assets: $2,964,161
- Total Liabilities: $1,052,914
- Net Assets: $1,911,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REVENUE
Revenue
$52,522
ANCILLARY SERVICES
Revenue
$1,103
OTHER REVENUE
Revenue
$418
Organization Details
Founding Year
2015
Phone
(303) 830-3300Principal Officer
Melissa Clayton
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
NTEE Category
Code: L20 - Housing
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