Overview
What is Coastal Housing Corporation?
Coastal Housing Corporation is a nonprofit organization situated in Christiansburg, VA, with a mission to offer affordable housing solutions for low-income individuals and families. The organization achieves this goal through Section 236 of the National Housing Act, providing 104 housing units in Portsmouth, Virginia. By doing so, Coastal Housing Corporation plays a significant role in ensuring that vulnerable communities have access to safe and affordable living spaces.
Is Coastal Housing Corporation legitimate?
Coastal Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coastal Housing 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: $150,183
For more financial information, click here
What is the mission statement of Coastal Housing Corporation?
Coastal Housing Corporation is committed to providing affordable housing for low-income individuals and families. They accomplish this mission through Section 236 of the National Housing Act, offering 104 housing units in an undisclosed location. The organization, headquartered in Christiansburg, VA, prioritizes making housing accessible for those with limited financial resources. By offering affordable housing, Coastal Housing Corporation aims to contribute positively to the lives of those in need.
Who is the CEO of Coastal Housing Corporation?
Jeffrey Reed is the Chief Executive Officer of Coastal Housing Corporation. The CEO's salary of Coastal Housing Corporation is $0 and their total compensation is $616,714.
What is the revenue of Coastal Housing Corporation?
Coastal Housing Corporation's revenue in 2022 was $780,431.
Who are the executives of Coastal Housing Corporation and what are their salaries?
Here are 12 key members and their salaries (Coastal Housing Corporation's CEO's salary is $0 and their total compensation is $616,714):
- Compensation: $0
- Related: $555,107
- Other: $61,607
- Compensation: $0
- Related: $333,022
- Other: $35,717
- Compensation: $0
- Related: $405,876
- Other: $56,798
- Compensation: $0
- Related: $237,553
- Other: $54,080
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Coastal Housing Corporation?
Coastal Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coastal Housing Corporation
Coastal Housing Corporation is a dedicated organization that focuses on providing affordable housing solutions for low-income individuals and families. Situated in an unspecified location, the corporation operates under Section 236 of the National Housing Act, enabling it to provide 104 housing units in Portsmouth, Virginia. The core objective of Coastal Housing Corporation is to make housing more accessible and affordable for those who might otherwise struggle to secure a place to call home. By offering these units, the corporation plays a significant role in improving the living conditions of its community members, promoting stability and well-being. The organization's headquarters is based in Christiansburg, VA, further underscoring its commitment to addressing housing needs on a broader scale.
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Impact
October, 2024
Coastal Housing Corporation significantly impacts the community by providing 104 affordable housing units in Portsmouth, Virginia. Through the use of Section 236 of the National Housing Act, the organization is dedicated to addressing the needs of low-income individuals and families, ensuring they have access to safe and stable housing. By focusing on affordable housing solutions, Coastal Housing Corporation plays an essential role in enhancing the quality of life for residents and contributing to the overall health and wellbeing of the community in which it operates. Headquartered in Christiansburg, VA, its efforts not only alleviate housing insecurity but also promote greater economic stability for families in the region.
This information is meant to be a general summary of Coastal Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $668
- Program Service Revenue: $779,763
- Gross Receipts: $780,431
Assets and Liabilities:
- Total Assets: $2,121,731
- Total Liabilities: $392,222
- Net Assets: $1,729,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$779,763
Organization Details
Founding Year
2001
Phone
(540) 382-2002Principal Officer
Jeffrey Reed
Main Address
448 DEPOT STREET, CHRISTIANSBURG, VA, 24073
NTEE Category
Code: L210 - Housing
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