Overview
What is Triangle Housing Development Corporation?
Triangle Housing Development Corporation is a nonprofit organization, headquartered in Smithfield, North Carolina (27577), dedicated to providing affordable housing for low-income elderly and handicapped individuals. Their operations are supported by subsidized rentals from the Department of Housing and Urban Development (HUD) and the Rural Development department, enabling them to accomplish their mission. With a team of just two employees, this organization plays a significant role in ensuring that vulnerable individuals have access to safe and suitable housing. Their work is instrumental in addressing housing challenges faced by the elderly and disabled population in the community.
Is Triangle Housing Development Corporation legitimate?
Triangle Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triangle 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
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What is the mission statement of Triangle Housing Development Corporation?
The Triangle Housing Development Corporation is dedicated to serving the housing needs of low-income elderly and handicapped individuals. This mission is made possible through subsidized rentals provided by the Departments of Housing and Urban Development and Rural Development. The corporation's primary goal is to provide a suitable living environment for those in need, thereby enhancing their quality of life. The organization's efforts contribute to a more inclusive and supportive community, ensuring that all individuals, regardless of their income or physical abilities, have access to adequate housing.
Who is the CEO of Triangle Housing Development Corporation?
Jimmy Parker is the Chair of Triangle Housing Development Corporation.
What is the revenue of Triangle Housing Development Corporation?
Triangle Housing Development Corporation's revenue in 2022 was $121,315.
Who are the executives of Triangle Housing Development Corporation and what are their salaries?
There are 2 employees at Triangle Housing Development Corporation.
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Triangle Housing Development Corporation?
Triangle Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Triangle Housing Development Corporation
Triangle Housing Development Corporation, as a nonprofit organization, is committed to providing housing for low-income elderly or handicapped individuals. This mission is made possible through subsidized rentals from the Department of Housing and Urban Development and Rural Development. The corporation's exempt purpose is centered around providing a safe and affordable living space for those who may face challenges in securing housing due to their age or disabilities. By leveraging government subsidies, Triangle Housing Development Corporation is able to make a significant impact in the lives of those it serves, ensuring that they have access to dignified and secure housing.
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Impact
October, 2024
Triangle Housing Development Corporation plays a crucial role in addressing the housing needs of low-income elderly and handicapped individuals in Smithfield, NC. By providing affordable rental options, the organization significantly improves the quality of life for this vulnerable population. The funding sourced from the Department of Housing and Urban Development and Rural Development enables the corporation to offer subsidized housing, ensuring that residents can access safe and decent living environments without the burden of excessive rent. This commitment to affordable housing not only fosters stability for individuals and families but also contributes to the overall well-being of the community by allowing residents to focus on their health, independence, and quality of life. Through its efforts, Triangle Housing Development Corporation helps to create a more inclusive and supportive community for those in need.
This information is meant to be a general summary of Triangle 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $64
- Program Service Revenue: $57,895
- Gross Receipts: $121,315
Assets and Liabilities:
- Total Assets: $169,420
- Total Liabilities: $54,279
- Net Assets: $115,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENTS NORTH CAROLINA
Revenue
$45,927
HUD ALLOWED SELF CHGD MGT FEE
Revenue
$11,968
Organization Details
Founding Year
1980
Phone
(919) 934-6066Principal Officer
Jimmy Parker
Main Address
1363 W MARKET STREET, SMITHFIELD, NC, 27577
NTEE Category
Code: L21Z - Housing
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