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Spotsylvania United Methodist Housing Corporation

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

EIN: 541738151 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

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Overview

What is Spotsylvania United Methodist Housing Corporation?

Spotsylvania United Methodist Housing Corporation is a nonprofit organization that specializes in providing subsidized housing solutions for elderly individuals. Leveraging funding from the U.S. Department of Housing and Urban Development's Section 202 Capital Advance program and rental assistance, they aim to make housing more affordable for this demographic. Their primary mission revolves around offering low-income housing opportunities, ensuring that the elderly can live comfortably and securely.

Is Spotsylvania United Methodist Housing Corporation legitimate?

Spotsylvania United Methodist Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spotsylvania United Methodist 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: $66,941

For more financial information, click here

What is the mission statement of Spotsylvania United Methodist Housing Corporation?

The Spotsylvania United Methodist Housing Corporation's mission is centered around providing subsidized housing for the elderly. They accomplish this mission through the utilization of funds from the U.S. Department of Housing and Urban Development's Section 202 Capital Advance program, along with rental assistance. The corporation's goal is to offer affordable living solutions for elderly individuals, contributing to their well-being and ensuring they can maintain a dignified lifestyle.

Who is the CEO of Spotsylvania United Methodist Housing Corporation?

Larry Dickenson is the President of Spotsylvania United Methodist Housing Corporation.

What is the revenue of Spotsylvania United Methodist Housing Corporation?

Spotsylvania United Methodist Housing Corporation's revenue in 2022 was $310,526.

Who are the executives of Spotsylvania United Methodist Housing Corporation and what are their salaries?


Here are 12 key members and their salaries:


Larry Dickenson (President)
  • Compensation: $0
  • Related: $60,000
  • Other: $0
Rev Ernest Herndon Jr (Secretary)
  • Compensation: $0
  • Related: $7,200
  • Other: $0
Dr James G O'Quinn (Vice President)
  • Compensation: $0
  • Related: $3,600
  • Other: $0
David Dommisse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monty Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Lutman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Boltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold E White Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Randolph Spears (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Julihn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Thielecke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Spotsylvania United Methodist Housing Corporation?

Spotsylvania United Methodist Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Spotsylvania United Methodist Housing Corporation

Spotsylvania United Methodist Housing Corporation is dedicated to providing subsidized housing options for the elderly community. Through the utilization of funds from the U.S. Department of Housing and Urban Development's Section 202 Capital Advance program and rental assistance, this nonprofit organization offers an affordable living solution for this demographic. By doing so, Spotsylvania United Methodist Housing Corporation aims to contribute to the well-being and comfort of elderly individuals, ensuring they have access to suitable and secure housing.

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Impact




October, 2024

Spotsylvania United Methodist Housing Corporation significantly impacts the community by providing subsidized low-income housing specifically for the elderly. Through the HUD Section 202 Capital Advance and rental assistance programs, it ensures that elderly residents have access to affordable housing options in Roanoke, VA. This support alleviates financial burdens, enabling seniors to maintain their independence and stability in their later years. By addressing housing needs, the organization fosters a healthier and more secure living environment, enhancing the overall quality of life for its residents.




This information is meant to be a general summary of Spotsylvania United Methodist 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.

Revenue
$310,526 (2022)
Expenses
$362,122 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19
  • Program Service Revenue: $148,988
  • Gross Receipts: $310,526

Assets and Liabilities:

  • Total Assets: $1,063,642
  • Total Liabilities: $2,260,860
  • Net Assets: -$1,197,218

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Programs

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

RENTAL INCOME

Revenue

$148,988

Organization Details

Founding Year

1997

Principal Officer

Larry Dickenson

Main Address

1706 GRANDIN RD SW, ROANOKE, VA, 24015

NTEE Category

Code: L20 - Housing

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