Overview
What is Happy Homes Inc?
Happy Homes Inc is a nonprofit organization that specializes in providing housing solutions for the elderly, disabled persons, and families, as mandated under Section 202 of the National Housing Act. They collaborate with the Department of HUD to offer this service. The organization incurs various expenses, such as taxes and insurance for $14,001, depreciation at $25,683, mortgage interest of $18,198, office expenses totaling $21,368, management fees amounting to $10,352, and miscellaneous expenses worth $31.
Is Happy Homes Inc legitimate?
Happy Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Happy Homes Inc submitted a form 990EZ, 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.
What is the mission statement of Happy Homes Inc?
Happy Homes Inc., as stated in its mission description, is dedicated to providing housing solutions for elderly and disabled individuals as well as families, adhering to section 202 of the National Housing Act. The organization enters into agreements with the Department of HUD to facilitate this. In carrying out its operations, Happy Homes Inc. incurs various expenses such as taxes, insurance, mortgage interest, office expenses, management fees, and miscellaneous expenses. However, the mission statement itself does not explicitly provide information about the organization's goals beyond providing housing solutions under the specified act.
Who is the CEO of Happy Homes Inc?
Unavailable
What is the revenue of Happy Homes Inc?
Happy Homes Inc's revenue in 2022 was $161,870.
Who are the executives of Happy Homes Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Happy Homes Inc?
Happy Homes Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Happy Homes Inc
Happy Homes Inc, as a nonprofit organization, is committed to providing housing solutions for elderly and disabled individuals as well as families, in accordance with Section 202 of the National Housing Act. The organization enters into agreements with the Department of HUD to fulfill this mission. The expenses incurred by Happy Homes Inc include significant sums for taxes and insurance, depreciation, mortgage interest, office expenses, management fees, and various miscellaneous costs. These financial commitments underscore the organization's dedication to ensuring the comfort and security of its residents. Happy Homes Inc serves as a vital resource, offering housing solutions that contribute positively to the well-being of its target population.
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Impact
October, 2024
Happy Homes Inc plays a vital role in the community by providing essential housing services to elderly individuals, disabled persons, and families in Summerville, SC. By adhering to Section 202 of the National Housing Act, the organization ensures that these vulnerable populations have access to safe and affordable living conditions, alleviating the pressures often faced in the housing market.
The financial commitment of Happy Homes is significant, with annual expenses allocated for taxes, insurance, depreciation, mortgage interest, and management fees, totaling over $89,000. This investment reflects a strong dedication to maintaining quality housing and services for those in need. The organization’s focus on sustainable living conditions supports not only the residents but also strengthens community ties by fostering an environment where all individuals can thrive.
Moreover, Happy Homes fosters an inclusive community by targeting essential support for those who often face housing instability. This impact is particularly crucial in areas where affordable housing is scarce, ensuring that the most vulnerable members of society have a place to call home. Through its focus on human services, Happy Homes Inc contributes meaningfully to the social infrastructure of Summerville, enhancing the quality of life for many families and individuals.
This information is meant to be a general summary of Happy Homes 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 2022.
- Investment Income: $23
- Program Service Revenue: $157,567
- Gross Receipts: $161,870
Assets and Liabilities:
- Total Assets: $422,780
- Total Liabilities: $375,116
- Net Assets: $47,664
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Organization Details
Main Address
PO BOX 2950, SUMMERVILLE, SC, 29484
NTEE Category
Code: P700 - Human services
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