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Palmetto Community Hope Foundation

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

EIN: 570981741 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Palmetto Community Hope Foundation?

The Palmetto Community Hope Foundation is a nonprofit organization situated in Columbus, Ohio, specifically at 3021 E Dublin-Granville Rd 200. Their primary mission is to develop, construct, and finance low-income housing, aiming to make decent and affordable living spaces available for individuals with moderate and low incomes. The organization's activities are centered around this mission, contributing significantly to the housing sector for those in need.

Is Palmetto Community Hope Foundation legitimate?

Palmetto Community Hope Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palmetto Community Hope Foundation 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: $0

For more financial information, click here

What is the mission statement of Palmetto Community Hope Foundation?

The Palmetto Community Hope Foundation's mission is centered around providing affordable housing options. Specifically, their goal is to offer decent living spaces for individuals with low and moderate incomes. They accomplish this through various activities, including the development, construction, and financing of such housing projects. This organization is committed to making a significant impact in the lives of those in need, ensuring they have access to suitable housing.

Who is the CEO of Palmetto Community Hope Foundation?

Steven Boone is the Trustee of Palmetto Community Hope Foundation.

What is the revenue of Palmetto Community Hope Foundation?

Palmetto Community Hope Foundation's revenue in 2022 was $19,106.

Who are the executives of Palmetto Community Hope Foundation and what are their salaries?


Here are 3 key members and their salaries:


Steven J Boone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Conlon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Castranova (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Palmetto Community Hope Foundation?

Palmetto Community Hope Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Palmetto Community Hope Foundation

Palmetto Community Hope Foundation, a nonprofit organization, is dedicated to providing decent and affordable housing for individuals with low and moderate incomes. In pursuit of this mission, the foundation engages in various activities, including development, construction, and financing of such housing units. By doing so, it aims to contribute positively to the living conditions of those who may otherwise struggle to secure affordable housing. The organization's work is a testament to its commitment to ensuring that everyone has access to a roof over their heads, thereby contributing to a more equitable society.

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Impact




August, 2024

Palmetto Community Hope Foundation's impact lies in providing decent and affordable housing for low and moderate-income individuals. Through their development, construction, and financing of low-income housing projects in Columbus, OH, they are directly addressing the housing needs of vulnerable populations in the community. Their focus on creating opportunities for individuals with limited financial resources to access safe and stable housing contributes to enhancing their overall quality of life and promoting economic stability.




This information is meant to be a general summary of Palmetto Community Hope Foundation. 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
$19,106 (2022)
Expenses
$5,575 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $19,106
  • Gross Receipts: $19,106

Assets and Liabilities:

  • Total Assets: $1,423,352
  • Total Liabilities: $152,293
  • Net Assets: $1,271,059

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Programs

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

INTEREST ON OPERATING

Revenue

$19,106

Organization Details

Founding Year

1993

Principal Officer

Steven Boone

Main Address

3021 E DUBLIN-GRANVILLE RD 200, COLUMBUS, OH, 432314031

NTEE Category

Code: L20Z - Housing

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