Overview
What is Msaa Jacksonville Inc?
Msaa Jacksonville Inc is a nonprofit organization situated in Winston-Salem, North Carolina, specifically at 4623 Country Club Road, 27104. Their primary mission is to offer affordable housing options to the low-income elderly and handicapped community. They accomplish this mission by owning and operating an apartment building consisting of 12 units. In alignment with Section 811 of the National Housing Act, the organization participates in the Project Rental Assistance Contract Payment Program, ensuring that the rent prices and operational methods adhere to HUD regulations. The goal is to provide a safe and secure living environment for those in need.
Is Msaa Jacksonville Inc legitimate?
Msaa Jacksonville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msaa Jacksonville Inc 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: $54,094
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What is the mission statement of Msaa Jacksonville Inc?
Msaa Jacksonville Inc's mission is centered around providing affordable housing for a specific demographic. More specifically, they aim to cater to the needs of the low-income elderly and disabled individuals. Their mission is carried out through the operation of an apartment building, which offers housing facilities that adhere to the guidelines set by Section 811 of the National Housing Act. The building is enrolled in the Project Rental Assistance Contract Payment Program, ensuring that rent charges and operating methods are regulated by HUD to ensure affordability.
Who is the CEO of Msaa Jacksonville Inc?
William R Ogburn Jr is the Board Member of Msaa Jacksonville Inc.
What is the revenue of Msaa Jacksonville Inc?
Msaa Jacksonville Inc's revenue in 2022 was $148,411.
Who are the executives of Msaa Jacksonville Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Msaa Jacksonville Inc?
Msaa Jacksonville Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Msaa Jacksonville Inc
Msaa Jacksonville Inc, as a nonprofit organization, is dedicated to providing affordable housing for the low-income elderly and individuals with disabilities. Their mission is to create a living environment that caters to this specific demographic, ensuring they have access to suitable housing facilities. The corporation operates an apartment building, housing 12 units, which is regulated by the U.S. Department of Housing and Urban Development (HUD) under Section 811 of the National Housing Act. This regulation ensures that the rent charges and operating methods of the building comply with certain standards. Msaa Jacksonville Inc also participates in the Project Rental Assistance Contract Payment Program, further aiding in the provision of affordable housing for this vulnerable population.
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Impact
October, 2024
Msaa Jacksonville Inc plays a crucial role in the community by providing affordable housing specifically designed for low-income elderly individuals and those with disabilities. By owning and operating a 12-unit apartment building, the organization ensures that vulnerable populations have access to safe and secure living conditions.
The facility adheres to the regulations under Section 811 of the National Housing Act, which enables it to participate in federal assistance programs. This not only helps keep rental charges manageable for residents but also ensures that operating methods are aligned with standards set by HUD. As such, Msaa Jacksonville Inc significantly alleviates the housing burden faced by low-income elderly individuals and handicapped residents in Winston-Salem, NC.
Through its mission, Msaa Jacksonville Inc fosters an environment of support and stability, enhancing the quality of life for its residents by enabling them to age in place comfortably. The organization ultimately contributes to a more inclusive community by addressing the pressing need for affordable housing among these marginalized groups.
This information is meant to be a general summary of Msaa Jacksonville Inc. 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: $8
- Program Service Revenue: $37,459
- Gross Receipts: $148,411
Assets and Liabilities:
- Total Assets: $586,608
- Total Liabilities: $14,687
- Net Assets: $571,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$36,278
MISCELLANEOUS REVENUE
Revenue
$1,181
Organization Details
Founding Year
1996
Phone
(336) 760-8100Principal Officer
William R Ogburn Jr
Main Address
4623 COUNTRY CLUB ROAD, WINSTONSALEM, NC, 27104
NTEE Category
Code: L20 - Housing
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