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Interfaith Housing Development Corporation Of Hickory

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

EIN: 561354134 ✦ Hickory, NC ✦ Designated as a 501(c)(3)

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Overview

What is Interfaith Housing Development Corporation Of Hickory?

Interfaith Housing Development Corporation of Hickory is a nonprofit organization situated in Hickory, North Carolina. Their primary mission is to provide affordable housing for disadvantaged individuals, specifically in the economically disadvantaged Ridgeview area of the city. They accomplish this by approving applications for housing and offering down-payment assistance. The corporation operates approximately 10 apartments, housing around 50 low-income residents. Their activities are aligned with the city of Hickory, aiming to improve living conditions in this particular community.

Is Interfaith Housing Development Corporation Of Hickory legitimate?

Interfaith Housing Development Corporation Of Hickory is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interfaith Housing Development Corporation Of Hickory 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 Interfaith Housing Development Corporation Of Hickory?

The Interfaith Housing Development Corporation's mission is centered around providing affordable housing for disadvantaged individuals. In collaboration with relevant authorities, they approve housing applications and offer financial assistance for down payments, specifically targeting the economically disadvantaged Ridgeview area. Their primary activity involves the development and management of low-income apartments, currently housing around 50 residents in 10 units. The corporation aims to make housing more accessible and affordable for those in need, contributing to a more inclusive and equitable community.

Who is the CEO of Interfaith Housing Development Corporation Of Hickory?

Mike Watkins is the Treasurer of Interfaith Housing Development Corporation Of Hickory.

What is the revenue of Interfaith Housing Development Corporation Of Hickory?

Interfaith Housing Development Corporation Of Hickory's revenue in 2022 was $77,597.

Who are the executives of Interfaith Housing Development Corporation Of Hickory and what are their salaries?


Here are 3 key members and their salaries:


Michael Watkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Roberts (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Logan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Interfaith Housing Development Corporation Of Hickory?

Interfaith Housing Development Corporation Of Hickory's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Interfaith Housing Development Corporation Of Hickory

Interfaith Housing Development Corporation of Hickory is committed to providing affordable low-income housing for disadvantaged individuals. This nonprofit organization works in collaboration with the city of Hickory to approve housing applications and offer down-payment assistance within the economically disadvantaged Ridgeview area of the city. The corporation's mission is to address the housing needs of this community, providing low-income apartments for approximately 50 residents in 10 apartments. By offering affordable housing, Interfaith Housing Development Corporation of Hickory aims to contribute to the well-being and stability of disadvantaged individuals, enabling them to live with dignity and security.

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Impact




August, 2024

Interfaith Housing Development Corporation Of Hickory provides affordable low-income housing for disadvantaged individuals in the Ridgeview area of Hickory. By offering low-income apartments to residents in need, the organization positively impacts the community by addressing the housing needs of economically disadvantaged individuals. Their collaboration with the city of Hickory to approve applications for housing and down-payment assistance demonstrates a commitment to improving the living conditions of those in the Ridgeview area. Overall, their work plays a vital role in supporting the well-being and stability of low-income residents in the community.




This information is meant to be a general summary of Interfaith Housing Development Corporation Of Hickory. 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
$77,597 (2022)
Expenses
$52,512 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $77,597
  • Gross Receipts: $77,597

Assets and Liabilities:

  • Total Assets: $294,430
  • Total Liabilities: $93,817
  • Net Assets: $200,613

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Programs

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

RENTS COLLECTED & OTHE

Revenue

$67,039

GRANTS FROM CITY OF HI

Revenue

$10,558

Organization Details

Founding Year

1982

Principal Officer

Mike Watkins

Main Address

P O BOX 3547, HICKORY, NC, 28603

NTEE Category

Code: L21 - Housing

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