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Macgregor Housing Development Corporation

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

EIN: 562237995 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Macgregor Housing Development Corporation?

Macgregor Housing Development Corporation is a nonprofit organization situated in Raleigh, North Carolina, with a specific focus on Pitt County. Their primary mission is to provide affordable housing to low-income families, giving priority to individuals impacted by Hurricane Floyd. To accomplish this, they engage in the development, construction, ownership, and operation of a low-income housing complex within Pitt County, contributing to the local community's housing needs.

Is Macgregor Housing Development Corporation legitimate?

Macgregor Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Macgregor 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: $49,726

For more financial information, click here

What is the mission statement of Macgregor Housing Development Corporation?

The Macgregor Housing Development Corporation's mission is centered around developing, constructing, owning, and operating a low-income housing complex. The organization's primary focus is to provide these housing units to low-income households, showing a preference towards individuals who were affected by Hurricane Floyd. The goal is to offer a safe and affordable living space for these families, aiming to contribute positively to their lives. The corporation's activities are geared towards addressing housing needs, with a special concern for those impacted by natural disasters.

Who is the CEO of Macgregor Housing Development Corporation?

Yolanda Winstead is the Director of Macgregor Housing Development Corporation.

What is the revenue of Macgregor Housing Development Corporation?

Macgregor Housing Development Corporation's revenue in 2022 was $181,682.

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


Here are 14 key members and their salaries:


Gordon Grubb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Maness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Craft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mia Bailey (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Rozakis (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Britt (Vice President)
  • Compensation: $0
  • Related: $168,875
  • Other: $26,841
Sharon Lorden (Vice President)
  • Compensation: $0
  • Related: $181,601
  • Other: $30,425
Yolanda Winstead (President)
  • Compensation: $0
  • Related: $233,398
  • Other: $37,609
Sheila Porter (Assistant Secretary)
  • Compensation: $0
  • Related: $125,315
  • Other: $26,489
Michael Ward (Treasurer)
  • Compensation: $0
  • Related: $124,370
  • Other: $21,105
Jennifer Foell (Secretary)
  • Compensation: $0
  • Related: $76,863
  • Other: $16,650
Rodney Brown (Vp Of Asset Mgmt)
  • Compensation: $0
  • Related: $137,960
  • Other: $23,229
Michael Rodgers (Director Or Re Develop.)
  • Compensation: $0
  • Related: $127,240
  • Other: $20,919
Kayla Rosenberg (Senior Project Manager)
  • Compensation: $0
  • Related: $112,698
  • Other: $19,787
Where can I find the form 990 for Macgregor Housing Development Corporation?

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

Mission Statement of Macgregor Housing Development Corporation

Macgregor Housing Development Corporation, a nonprofit organization, is dedicated to a significant mission. Its primary goal is to develop, construct, own, and manage a low-income housing complex. This endeavor is not merely a real estate venture, but a commitment to providing affordable living spaces for those in need. The corporation has a particular focus on low-income households, showing a strong sense of social responsibility.

In addition to this, Macgregor Housing Development Corporation has a preference for housing victims of Hurricane Floyd. This demonstrates a level of empathy and understanding towards those who have been affected by natural disasters. The organization's mission is to provide a safe and secure living environment for these individuals, helping them rebuild their lives in the wake of disaster. By doing so, Macgregor Housing Development Corporation is not just offering housing, but also a sense of hope and stability.

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Impact




October, 2024

Macgregor Housing Development Corporation significantly impacts Pitt County by providing stable and affordable housing to low-income households. Its focus on developing, constructing, owning, and operating a dedicated low-income housing complex addresses critical housing needs in the area, particularly for families affected by Hurricane Floyd. By prioritizing victims of this natural disaster, the organization plays a vital role in supporting community resilience and recovery. Through its efforts, Macgregor Housing contributes to improved living conditions, economic stability, and a strengthened sense of community for some of the most vulnerable residents in the region.




This information is meant to be a general summary of Macgregor 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
$181,682 (2022)
Expenses
$221,941 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$18,002
  • Program Service Revenue: $199,684
  • Gross Receipts: $200,893

Assets and Liabilities:

  • Total Assets: $1,364,626
  • Total Liabilities: $2,173,349
  • Net Assets: -$808,723

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Programs

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

RENTAL INCOME

Revenue

$192,528

OTHER INCOME

Revenue

$7,156

Organization Details

Founding Year

2001

Principal Officer

Yolanda Winstead

Main Address

113 SOUTH WILMINGTON STREET, RALEIGH, NC, 27601

NTEE Category

Code: L200 - Housing

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