Guildfield Housing Development Corporation

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

EIN: 541195325 ✦ Dry fork, VA ✦ Designated as a 501(c)(3)

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Overview

What is Guildfield Housing Development Corporation?

Guildfield Housing Development Corporation is a nonprofit organization situated in Dry Fork, Virginia. With a mission to serve the community, they operate a 30-unit apartment complex catering to low to moderate income residents, as per Section 515 of the National Housing Act. The corporation's primary objective is to provide quality housing, ensuring the comfort and safety of its residents. Notably, they extend their services to senior citizens and individuals with limited income, further emphasizing their commitment to the community's well-being.

Is Guildfield Housing Development Corporation legitimate?

Guildfield Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guildfield Housing Development Corporation 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 Guildfield Housing Development Corporation?

Guildfield Housing Development Corporation's mission is centered around providing quality housing. Specifically, it aims to cater to individuals with low to moderate incomes in the community. Furthermore, the corporation extends its commitment to supplying safe and decent housing to the elderly and those with limited income. In operation, Guildfield manages a 30-unit apartment complex under Section 515 of the National Housing Act, demonstrating its dedication to affordable housing solutions.

Who is the CEO of Guildfield Housing Development Corporation?

Thelma Dickerson is the President of Guildfield Housing Development Corporation.

What is the revenue of Guildfield Housing Development Corporation?

Guildfield Housing Development Corporation's revenue in 2022 was $222,172.

Who are the executives of Guildfield Housing Development Corporation and what are their salaries?

There 8 volunteers at Guildfield Housing Development Corporation.


Here are 8 key members and their salaries:


Bernard Motley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Echols (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Jones (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thelma Dickerson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reva Morton (Agent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlon Glass (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linwood Waller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Guildfield Housing Development Corporation?

Guildfield Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Guildfield Housing Development Corporation

Guildfield Housing Development Corporation is committed to providing high-quality housing solutions for individuals and families with modest incomes. Their mission extends beyond this, as they also focus on offering safe and suitable housing for seniors and those with limited income. By operating a 30-unit apartment complex, Guildfield Housing Development Corporation is making a significant contribution to the community under Section 515 of the National Housing Act. This nonprofit organization is dedicated to improving living conditions and providing a sense of security for its residents, ensuring they have a comfortable and stable home environment.

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Impact




October, 2024

Guildfield Housing Development Corporation significantly impacts the community by providing quality housing for low to moderate income residents. By operating a 30-unit apartment complex in Chatham, Virginia, the organization ensures that these residents have access to safe and affordable living conditions. This initiative not only supports individuals and families with limited incomes but also prioritizes the needs of seniors, creating an inclusive environment for vulnerable populations. The corporation's commitment to enhancing the quality of life in Dry Fork directly contributes to community stability and overall well-being, fostering a sense of belonging and security among its residents.




This information is meant to be a general summary of Guildfield Housing Development Corporation. 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
$222,172 (2022)
Expenses
$187,351 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $896
  • Program Service Revenue: $81,343
  • Gross Receipts: $222,172

Assets and Liabilities:

  • Total Assets: $538,937
  • Total Liabilities: $305,967
  • Net Assets: $232,970

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Programs

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

RENTAL INCOME

Revenue

$81,343

Organization Details

Founding Year

1968

Principal Officer

Thelma Dickerson

Main Address

180 TRIBUTARY RD, DRY FORK, VA, 24549

NTEE Category

Code: L20 - Housing

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