Panola Heights Housing Development Corporation

United Manor Court

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

EIN: 560988706 ✦ Tarboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Panola Heights Housing Development Corporation?

Panola Heights Housing Development Corporation, operating under the name United Manor Court, is a nonprofit organization situated in Tarboro, North Carolina (NC 27886). Their primary mission is to provide safe and affordable housing options for low-income families, adhering to Section 221 (D)(3) of the National Housing Act. This nonprofit organization is dedicated to enhancing living conditions for economically disadvantaged individuals by offering housing solutions that cater to their needs.

Is Panola Heights Housing Development Corporation legitimate?

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

The Panola Heights Housing Development Corporation is dedicated to providing a vital service within its mission. This involves offering safe and affordable housing options to individuals who fall under the low-income and moderate-income brackets. The organization operates in compliance with Section 221 (D)(3) of the National Housing Act, striving to make housing more accessible and affordable for those who need it most. By providing such housing, the corporation aims to contribute positively to the community, ensuring that everyone has a decent place to live.

Who is the CEO of Panola Heights Housing Development Corporation?

Tyrone Hopkins is the Chairman of Panola Heights Housing Development Corporation.

What is the revenue of Panola Heights Housing Development Corporation?

Panola Heights Housing Development Corporation's revenue in 2021 was $378,097.

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

There 4 volunteers at Panola Heights Housing Development Corporation.


Here are 4 key members and their salaries:


Tyrone Hopkins (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Auther Lyons (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Carter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Miller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Panola Heights Housing Development Corporation?

Panola Heights Housing Development Corporation's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Panola Heights Housing Development Corporation

Panola Heights Housing Development Corporation is committed to a mission that prioritizes providing safe and affordable housing options for individuals with low and moderate incomes. In line with this mission, the organization operates under Section 221 (D)(3) of the National Housing Act. This nonprofit aims to make housing accessible to families who may not otherwise be able to afford it, thereby contributing to a more equitable living environment. By providing housing solutions, Panola Heights Housing Development Corporation strives to enhance the quality of life for its residents, promoting a sense of stability and security within their communities.

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Impact




October, 2024

Panola Heights Housing Development Corporation significantly enhances the quality of life for low and moderate-income families in Tarboro, NC, by providing safe and affordable housing options. Their focus on affordable living spaces directly impacts the community by alleviating housing insecurity and promoting stability among residents. By aligning with Section 221 (D)(3) of the National Housing Act, they ensure that families have access to housing that meets their needs without compromising financial well-being. This commitment not only fosters community growth but also contributes to improved social outcomes by offering a foundational support system for individuals and families striving for a better future.




This information is meant to be a general summary of Panola Heights 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
$378,097 (2021)
Expenses
$465,329 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $252
  • Program Service Revenue: $84,414
  • Gross Receipts: $378,097

Assets and Liabilities:

  • Total Assets: $1,656,874
  • Total Liabilities: $2,928,461
  • Net Assets: -$1,271,587

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$84,414

Organization Details

Founding Year

1969

Principal Officer

Tyrone Hopkins

Main Address

1200 ELM STREET, TARBORO, NC, 27886

NTEE Category

Code: P20 - Human services

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