Summerville Affordable Housing Inc

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

EIN: 475378386 ✦ Summerville, GA ✦ Designated as a 501(c)(4)

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Overview

What is Summerville Affordable Housing Inc?

Summerville Affordable Housing Inc, based in Summerville, Georgia, is a nonprofit organization dedicated to providing housing solutions for families and individuals with low and very-low incomes. They operate a total of 218 units under the HUD's Multi-family program, with 214 units located within Summerville. The primary mission of this organization is to offer affordable living spaces, contributing to the local community by addressing housing needs for a significant portion of its population.

Is Summerville Affordable Housing Inc legitimate?

Summerville Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Summerville Affordable 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: $0

For more financial information, click here

What is the mission statement of Summerville Affordable Housing Inc?

Summerville Affordable Housing Inc is dedicated to providing housing solutions. Specifically, they operate under HUD's Multi-family program, offering 214 units to cater to low and very-low income families and individuals. The organization's primary goal is to ensure affordable housing is accessible, contributing to the betterment of the community by providing a stable living environment. Their commitment extends to managing these units effectively, ensuring they meet the necessary standards for their inhabitants.

What is the revenue of Summerville Affordable Housing Inc?

Summerville Affordable Housing Inc's revenue in 2022 was $1,545,626.

Who are the executives of Summerville Affordable Housing Inc and what are their salaries?

Here are 3 key members and their salaries:


Regina Anderson (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sidney A Lanier Jr (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Eugene Mcginnis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Summerville Affordable Housing Inc?

Summerville Affordable Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Summerville Affordable Housing Inc

Summerville Affordable Housing Inc, a nonprofit organization, is dedicated to providing housing solutions for families and individuals with low and very-low incomes. Under the auspices of HUD's Multi-family program, the organization operates 218 units, offering a much-needed shelter for those in need. The primary mission of Summerville Affordable Housing Inc is to make housing more accessible and affordable for its residents, thereby contributing to their overall well-being and stability. By operating under HUD's Multi-family program, the organization is able to provide a safe and secure living environment for its residents, ensuring that they have access to essential amenities and services.

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Impact




October, 2024

Summerville Affordable Housing Inc significantly impacts the community by providing essential housing solutions for low and very-low income families and individuals in Summerville, Georgia. By operating 218 housing units under HUD's Multi-family program, the organization addresses a critical need for affordable housing in the area. This initiative helps to alleviate the pressure on families struggling with housing costs, fostering stability and opportunities for residents in the region. Additionally, the presence of these affordable units contributes to the overall economic health of the community by enabling a more diverse population and supporting local services and businesses. Overall, Summerville Affordable Housing Inc plays a vital role in enhancing the quality of life for many individuals and families, ensuring that everyone has access to safe and stable housing.




This information is meant to be a general summary of Summerville Affordable 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.

Revenue
$1,545,626 (2022)
Expenses
$1,689,245 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,551
  • Program Service Revenue: $590,671
  • Gross Receipts: $1,545,626

Assets and Liabilities:

  • Total Assets: $5,809,954
  • Total Liabilities: $3,097,686
  • Net Assets: $2,712,268

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Programs

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

Charges to residents

Revenue

$40,572

Rents

Revenue

$550,099

Organization Details

Founding Year

2016

Principal Officer

Regina Anderson

NTEE Category

Code: Z99 - Unknown

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