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: $68,701
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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.
What is the revenue of Spotsylvania United Methodist Housing Corporation?
Spotsylvania United Methodist Housing Corporation's revenue in 2023 was $317,900.
Who are the executives of Spotsylvania United Methodist Housing Corporation and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $7,200
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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 2023 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $162
- Program Service Revenue: $154,403
- Gross Receipts: $317,900
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
$154,403
Organization Details
Founding Year
1997
Principal Officer
Larry Dickenson
NTEE Category
Code: L20 - Housing
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