Overview
What is Varnville Area Housing Corporation?
Varnville Area Housing Corporation is a nonprofit organization situated in Varnville, South Carolina. Established with a mission to cater to the unique housing needs and living requirements of eligible residents, the corporation operates without discrimination based on race, color, creed, or national origin. The organization's primary objective was to construct and manage an apartment complex consisting of 48 units, fulfilling the requirements under Section 89 of the National Housing Act. With a modest workforce of four dedicated individuals, Varnville Area Housing Corporation seeks to provide housing solutions that prioritize the well-being of its community.
Is Varnville Area Housing Corporation legitimate?
Varnville Area Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Varnville 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: $119,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,417
For more financial information, click here
What is the mission statement of Varnville Area Housing Corporation?
The Varnville Area Housing Corporation was established with a mission to construct and manage an apartment complex comprising 48 units, falling under Section 89 of the National Housing Act. The primary objective of this corporation is to provide rental housing and associated facilities that cater to the unique needs and living requirements of eligible residents, irrespective of their race, color, creed, or national origin. The corporation's goal is to ensure that these residents have access to suitable housing options.
Who is the CEO of Varnville Area Housing Corporation?
Unavailable
What is the revenue of Varnville Area Housing Corporation?
Varnville Area Housing Corporation's revenue in 2022 was $531,789.
Who are the executives of Varnville Area Housing Corporation and what are their salaries?
The average compensation at Varnville Area Housing Corporation during 2022 was $62,146. There are 4 employees at Varnville Area Housing Corporation.
Here are 4 key members and their salaries:
- Compensation: $119,167
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Varnville Area Housing Corporation?
Varnville Area Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Varnville Area Housing Corporation
Varnville Area Housing Corporation, a nonprofit organization, was established with a mission to construct and manage an apartment complex of 48 units, adhering to Section 89 of the National Housing Act. The primary goal of this organization is to provide and operate rental housing and related facilities, tailored to the unique needs and living requirements of eligible occupants. This corporation strives to uphold a policy of equality, ensuring that its services are accessible to individuals irrespective of their race, color, creed, or national origin. By offering suitable housing accommodations, Varnville Area Housing Corporation aims to contribute positively to the community, promoting a living environment that caters to the diverse needs of its residents.
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Impact
October, 2024
Varnville Area Housing Corporation has a significant impact on the community by providing affordable rental housing that meets the diverse needs of its residents. By operating an apartment complex with 48 units, it addresses the pressing issue of housing accessibility, particularly for eligible occupants who may face barriers due to their socio-economic background.
The initiative to construct and manage this housing development aligns with its mission to ensure that all individuals have the opportunity to secure a safe and comfortable living environment, without discrimination based on race, color, creed, or national origin. This commitment not only contributes to the local economy but also enhances the quality of life for its residents by promoting stability and community growth in Varnville, SC. The focus on creating housing solutions tailored to the community's needs fosters inclusivity and supports a strong and diverse population.
This information is meant to be a general summary of Varnville 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $58
- Program Service Revenue: $531,731
- Gross Receipts: $531,789
Assets and Liabilities:
- Total Assets: $1,464,222
- Total Liabilities: $47,862
- Net Assets: $1,416,360
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$531,731
Organization Details
Founding Year
1980
Phone
(803) 943-2959Main Address
PO Box 987, Varnville, SC, 29944
NTEE Category
Code: L21 - Housing
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