Overview
What is Ekklesia Ii Inc?
Ekklesia Ii Inc, a nonprofit corporation, was established with the objective of developing, owning, and operating a 20-unit apartment community in Morehead City, North Carolina. Named Ekklesia II Apartments, this project was initiated under Section 202 of the National Housing Act and is governed by the Federal Housing Administration section of HUD, following the Standard FHA Regulatory Agreements. The organization secures rent assistance for low-income families or individuals through a Project Rental Assistance Contract (PRAC). This initiative aims to provide affordable housing options and support for those in need.
Is Ekklesia Ii Inc legitimate?
Ekklesia Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ekklesia Ii 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.
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What is the mission statement of Ekklesia Ii Inc?
Ekklesia Ii Inc, a non-profit corporation, was established with the aim of developing, owning, and operating a 20-unit apartment community. This community, known as Ekklesia II Apartments, is located in Morehead City, NC. The organization was established under Section 202 of the National Housing Act and has entered into regulatory agreements with the Federal Housing Administration (FHA) section of HUD. A Project Rental Assistance Contract (PRAC) is in place to provide rental assistance for low-income families or individuals residing in this community. In essence, Ekklesia Ii Inc's mission is to provide affordable housing options for those who need it.
Who is the CEO of Ekklesia Ii Inc?
John Pollock is the President of Ekklesia Ii Inc.
What is the revenue of Ekklesia Ii Inc?
Ekklesia Ii Inc's revenue in 2023 was $172,648.
Who are the executives of Ekklesia Ii Inc and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Ekklesia Ii Inc?
Ekklesia Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ekklesia Ii Inc
Ekklesia Ii Inc, a not-for-profit corporation, was established with a mission to develop, own, and operate a 20-unit apartment community. This community, named Ekklesia II Apartments, is situated in Morehead City, NC. The organization was founded under Section 202 of the National Housing Act, which was later amended. Ekklesia Ii Inc entered into standard regulatory agreements with the Federal Housing Administration section of HUD, governing the operation of the community. A significant aspect of their mission is providing rent assistance to low-income families or individuals through a Project Rental Assistance Contract (PRAC). This assistance is crucial in ensuring that these families can afford housing in the Ekklesia II Apartments community.
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Impact
October, 2024
Ekklesia II Inc has made a significant impact in Morehead City, NC, by developing and managing the Ekklesia II Apartments, a 20-unit apartment community that specifically addresses the needs of low-income families and individuals. By providing affordable housing options, it plays a crucial role in enhancing the quality of life for its residents, while also fostering community stability.
Through its adherence to the guidelines set forth under Section 202 of the National Housing Act, Ekklesia II Inc ensures that the operations of the apartment community are aligned with federal standards, which has resulted in structured support for residents. The Project Rental Assistance Contract (PRAC) facilitates rent assistance, thereby reducing the financial burden on low-income households, allowing them to allocate resources toward other essential needs, such as education, healthcare, and food.
Ekklesia II Inc not only addresses housing needs but also contributes to the socio-economic well-being of the community by promoting inclusivity and accessibility for vulnerable populations. This initiative enhances community engagement and resilience, as stable housing is a foundational element for families to thrive and participate fully in the social fabric of Morehead City.
This information is meant to be a general summary of Ekklesia Ii 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 2023.
- Investment Income: $867
- Program Service Revenue: $72,887
- Gross Receipts: $173,074
Assets and Liabilities:
- Total Assets: $355,078
- Total Liabilities: $1,477,605
- Net Assets: -$1,122,527
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$72,887
Organization Details
Founding Year
1997
Phone
(336) 765-0424Principal Officer
John Pollock
Main Address
405 BARBOUR ROAD, MOREHEAD CITY, NC, 28557
NTEE Category
Code: P80 - Human services
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