Overview
What is Holly Way Elderly Housing Inc?
Holly Way Elderly Housing Inc. is a nonprofit corporation established in South Carolina, adhering to the state's not-for-profit statutes. The organization's primary mission is to operate a 18-unit housing community named Holly Way Elderly Housing, located in Holly Hill, South Carolina. This community provides affordable housing for low-income elderly persons, in alignment with Section 202 of the National Housing Act. The corporation's focus is on ensuring suitable housing for this specific demographic, contributing to their well-being and overall quality of life.
Is Holly Way Elderly Housing Inc legitimate?
Holly Way Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holly Way Elderly Housing 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Holly Way Elderly Housing Inc?
Holly Way Elderly Housing Inc, as a not-for-profit organization, was established with the primary purpose of operating a 18-unit community, known as Holly Way Elderly Housing. This community is situated in South Carolina and is specifically designed to provide affordable housing for low-income elderly individuals. The organization operates under Section 202 of the National Housing Act, which is a U.S. legislation aimed at facilitating such housing facilities. The mission of Holly Way Elderly Housing Inc is to provide a secure living environment for elderly individuals who may be financially challenged, ensuring they can maintain a decent living standard. The organization's operations are in line with its commitment to upholding the welfare and needs of the elderly population.
Who is the CEO of Holly Way Elderly Housing Inc?
Donnie Hilliard is the President of Holly Way Elderly Housing Inc.
What is the revenue of Holly Way Elderly Housing Inc?
Holly Way Elderly Housing Inc's revenue in 2022 was $174,845.
Who are the executives of Holly Way Elderly Housing Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Holly Way Elderly Housing Inc?
Holly Way Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Holly Way Elderly Housing Inc
Holly Way Elderly Housing Inc, a not-for-profit corporation, was established in accordance with South Carolina's not-for-profit statutes. Its primary purpose is to operate a 18-unit community known as Holly Way Elderly Housing, providing affordable housing for low-income elderly individuals. This mission is in line with Section 202 of the National Housing Act, a federal legislation aimed at promoting housing for elderly persons. The organization's goal is to contribute to the well-being of this vulnerable population, offering them a safe and comfortable living environment.
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Impact
October, 2024
Holly Way Elderly Housing Inc significantly contributes to the wellbeing of low-income elderly individuals in Holly Hill, South Carolina, by providing safe, affordable housing. Operating an 18-unit community, it addresses the critical need for adequate shelter among seniors who often face financial challenges.
By facilitating access to stable housing, the organization not only improves the quality of life for its residents but also fosters a sense of community among them. This environment promotes social interaction and support, which are vital for mental and emotional health, particularly for the elderly.
Moreover, Holly Way Elderly Housing Inc plays a role in alleviating the pressures on the local housing market, thereby ensuring that vulnerable populations are not marginalized. Overall, its impact extends beyond housing by enhancing the dignity, independence, and overall well-being of its residents.
This information is meant to be a general summary of Holly Way Elderly Housing 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: $77
- Program Service Revenue: $50,785
- Gross Receipts: $174,845
Assets and Liabilities:
- Total Assets: $821,285
- Total Liabilities: $18,686
- Net Assets: $802,599
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$50,785
Organization Details
Founding Year
2000
Phone
(803) 536-1056Principal Officer
Donnie Hilliard
Main Address
401 HARBISON BOULEVARD 3A, COLUMBIA, SC, 29212
NTEE Category
Code: L22 - Housing
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