Overview
What is Allen Hearth Inc?
Allen Hearth Inc. is a South Carolina-based nonprofit organization, established in accordance with the state's not-for-profit statutes. Its primary mission is to operate a 14-unit housing project named Allen Hearth Apartments, situated in Orangeburg, South Carolina. This project is specifically dedicated to providing affordable housing for low-income elderly individuals. The corporation receives support from the U.S. Department of Housing and Urban Development, under Section 811 of the National Housing Act, to facilitate this project. Allen Hearth Inc. aims to contribute positively to the housing needs of this specific demographic in the community.
Is Allen Hearth Inc legitimate?
Allen Hearth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allen Hearth 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: $16,873
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What is the mission statement of Allen Hearth Inc?
Allen Hearth Inc, a not-for-profit corporation, was established in accordance with South Carolina's not-for-profit statutes. Its primary objective is to manage a 14-unit housing project known as Allen Hearth Apartments, which provides affordable housing for low-income elderly individuals. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development under Section 811 of the National Housing Act, which is aimed at supporting such housing initiatives. Essentially, Allen Hearth Inc's mission is to provide a safe and affordable living environment for the elderly, ensuring they can live with dignity and independence.
Who is the CEO of Allen Hearth Inc?
Ajoy Jay is the Treasurer of Allen Hearth Inc.
What is the revenue of Allen Hearth Inc?
Allen Hearth Inc's revenue in 2023 was $119,256.
Who are the executives of Allen Hearth Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Allen Hearth Inc?
Allen Hearth Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Allen Hearth Inc
Allen Hearth Inc, a not-for-profit corporation established according to South Carolina's not-for-profit statutes, has a mission centered around providing housing for low-income elderly individuals. The organization operates a 14-unit project named Allen Hearth Apartments, located in an undisclosed location. To support this mission, Allen Hearth Inc receives housing assistance from the U.S. Department of Housing and Urban Development, in line with Section 811 of the National Housing Act, which aims to provide housing solutions for vulnerable populations. The organization's project is designed to cater specifically to the needs of the elderly, offering them a safe and secure living environment. By providing housing assistance through Section 811, Allen Hearth Inc plays a crucial role in ensuring that elderly individuals with limited financial means can enjoy a decent quality of life.
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Impact
October, 2024
Allen Hearth Inc plays a vital role in the community by providing affordable housing specifically designed for low-income elderly individuals in Orangeburg, South Carolina. With its operation of the 14-unit Allen Hearth Apartments, the organization addresses a critical need for accessible and supportive living arrangements for seniors who might otherwise struggle to secure safe and stable housing.
By receiving housing assistance through the U.S. Department of Housing and Urban Development, Allen Hearth Inc enhances the quality of life for its residents, ensuring they have access to essential housing resources. This effort not only alleviates housing insecurity among vulnerable populations but also contributes to the overall well-being of the community by fostering a stable living environment where elderly individuals can thrive. Through its mission, Allen Hearth Inc positively impacts the lives of seniors, promoting dignity, independence, and a sense of community.
This information is meant to be a general summary of Allen Hearth 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: $30
- Program Service Revenue: $31,734
- Gross Receipts: $119,256
Assets and Liabilities:
- Total Assets: $985,946
- Total Liabilities: $1,510,617
- Net Assets: -$524,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$31,734
Organization Details
Founding Year
2006
Phone
(803) 536-1056Principal Officer
Ajoy Jay
Main Address
2201 COMMERCE DRIVE, CAYCE, SC, 29033
NTEE Category
Code: L21 - Housing
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