St George Area Housing Corporation

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

EIN: 570626809 ✦ St george, SC ✦ Designated as a 501(c)(3)

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Overview

What is St George Area Housing Corporation?

St. George Area Housing Corporation is a nonprofit organization located in St. George, South Carolina. Their primary mission is to provide housing and related facilities for the elderly. They accomplish this by operating 32 rental apartments and receiving subsidies from the HUD, in addition to collecting tenant rent. The organization employs a team of four individuals and aims to support the elderly community in the area.

Is St George Area Housing Corporation legitimate?

St George Area Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St George Area Housing 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: $71,056

For more financial information, click here

What is the mission statement of St George Area Housing Corporation?

The St George Area Housing Corporation's mission is centered around providing housing solutions for the elderly. This is accomplished by operating 32 rental apartments and related facilities, with additional support from HUD subsidies and tenant rent. Their primary focus is to ensure that elderly residents have access to suitable living spaces.

Who is the CEO of St George Area Housing Corporation?

Richard Myers is the Chairman of St George Area Housing Corporation.

What is the revenue of St George Area Housing Corporation?

St George Area Housing Corporation's revenue in 2022 was $287,042.

Who are the executives of St George Area Housing Corporation and what are their salaries?

The average compensation at St George Area Housing Corporation during 2022 was $17,764. There are 4 employees and 1 volunteer at St George Area Housing Corporation.


Here are 9 key members and their salaries:


Richard Myers (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Frazier (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Stephens (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Ladson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Patrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Ott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie Ruth Martino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Canady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael O'Cain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St George Area Housing Corporation?

St George Area Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St George Area Housing Corporation

St. George Area Housing Corporation is dedicated to serving the elderly community by managing 32 rental apartments and associated facilities. The organization's primary mission is to provide affordable housing options for this demographic, supplementing the rent paid by tenants with HUD subsidies. By doing so, St. George Area Housing Corporation aims to contribute positively to the living conditions of the elderly, ensuring they have a comfortable and secure environment to call home.

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Impact




October, 2024

St. George Area Housing Corporation operates 32 rental apartments tailored specifically for the elderly, significantly enhancing the quality of life for senior residents in St. George, SC. By providing safe and affordable housing options, it addresses a critical need in the community, ensuring that seniors have access to suitable living arrangements. The incorporation of HUD subsidies, alongside tenant rent, allows for reduced financial burdens on residents, making it easier for them to maintain their independence in a supportive environment. This initiative not only fosters a sense of community among the elderly but also aids in alleviating potential issues related to housing insecurity for this vulnerable demographic.




This information is meant to be a general summary of St George Area Housing 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
$287,042 (2022)
Expenses
$345,490 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,207
  • Program Service Revenue: $127,711
  • Gross Receipts: $287,042

Assets and Liabilities:

  • Total Assets: $1,036,841
  • Total Liabilities: $15,085
  • Net Assets: $1,021,756

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Programs

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

RENT TENANTS

Revenue

$127,711

Organization Details

Founding Year

1974

Principal Officer

Richard Myers

Main Address

POST OFFICE BOX 635, ST GEORGE, SC, 29477

NTEE Category

Code: L21 - Housing

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