Overview
What is Wytheville Community Apartments Corporation?
Wytheville Community Apartments Corporation is a nonprofit organization, situated in Wytheville, Virginia. Their primary mission is to construct and manage a ten-unit project for low-income housing, specifically catering to the elderly population. They accomplish this mission through funding from HUD section 811. Currently, the corporation successfully operates and maintains ten units of affordable housing within the Wytheville community, without any mention of an additional location in Christiansburg, Virginia.
Is Wytheville Community Apartments Corporation legitimate?
Wytheville Community Apartments Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Wytheville Community Apartments 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: $20,144
For more financial information, click here
What is the mission statement of Wytheville Community Apartments Corporation?
The Wytheville Community Apartments Corporation is dedicated to accomplishing a 10-unit low-income housing project. Their mission involves utilizing HUD section 811 funding to provide suitable housing options for elderly residents. The corporation operates and manages these 10 units, currently located in Wytheville, Virginia, with a focus on meeting the housing needs of individuals with low income.
Who is the CEO of Wytheville Community Apartments Corporation?
Jeffrey Reed is the Member of Wytheville Community Apartments Corporation. The CEO's salary of Wytheville Community Apartments Corporation is $0 and their total compensation is $616,715.
What is the revenue of Wytheville Community Apartments Corporation?
Wytheville Community Apartments Corporation's revenue in 2022 was $76,809.
Who are the executives of Wytheville Community Apartments Corporation and what are their salaries?
Here are 12 key members and their salaries (Wytheville Community Apartments Corporation's CEO's salary is $0 and their total compensation is $616,715):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $333,052
- Other: $35,717
- Compensation: $0
- Related: $555,107
- Other: $61,608
- Compensation: $0
- Related: $405,876
- Other: $56,798
- Compensation: $0
- Related: $237,553
- Other: $54,080
Where can I find the form 990 for Wytheville Community Apartments Corporation?
Wytheville Community Apartments Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wytheville Community Apartments Corporation
Wytheville Community Apartments Corporation is dedicated to fulfilling a mission that involves constructing and managing a 10-unit low-income housing project. This nonprofit organization focuses on providing affordable living spaces for elderly residents, utilizing HUD section 811 funding. By undertaking this project, Wytheville Community Apartments Corporation aims to contribute to the community by offering a housing solution for individuals who may have limited financial resources. The organization's commitment to low-income housing reflects its dedication to supporting vulnerable populations and ensuring that everyone has access to essential housing needs.
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Impact
October, 2024
Wytheville Community Apartments Corporation significantly impacts the community by providing essential low-income housing for elderly residents in Wytheville, Virginia. By constructing and operating a 10-unit apartment complex, it addresses a critical need for affordable living options for senior citizens.
The project utilizes HUD Section 811 funding, designed specifically to support the housing needs of individuals with disabilities, including the elderly. This initiative not only ensures that residents have a safe and stable environment but also promotes their independence and quality of life.
Furthermore, Wytheville Community Apartments Corporation contributes to the local economy by creating job opportunities during the construction and ongoing maintenance of the housing complex. Its commitment to serving the community helps foster a more inclusive and supportive living environment, directly enhancing the well-being of its residents and the broader community.
This information is meant to be a general summary of Wytheville Community Apartments 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: $172
- Program Service Revenue: $76,637
- Gross Receipts: $76,809
Assets and Liabilities:
- Total Assets: $266,725
- Total Liabilities: $19,085
- Net Assets: $247,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$76,637
Organization Details
Founding Year
1990
Phone
(540) 382-2002Principal Officer
Jeffrey Reed
Main Address
448 DEPOT STREET, CHRISTIANSBURG, VA, 24073
NTEE Category
Code: L21 - Housing
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