Overview
What is Union Avenue Baptist Housing Ministries Inc?
Union Avenue Baptist Housing Ministries Inc is a not-for-profit organization established in Tennessee on April 25, 1977. The primary purpose of this corporation is to manage an 85-unit housing complex named Union Avenue Baptist Towers, situated in Memphis, Tennessee. This community serves as a residence for elderly individuals with low or extremely low incomes. Initially, the project was financed under Section 202 of the National Housing Act. Subsequently, in 2008, the original mortgage was repaid with funds from a loan insured by HUD under Section 207, in accordance with 223(F) of the National Housing Act. The organization's mission is to provide housing and related services for these individuals, aiming to enhance their quality of life.
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Is Union Avenue Baptist Housing Ministries Inc legitimate?
Union Avenue Baptist Housing Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Union Avenue Baptist Housing Ministries 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,987
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Official website here: www.wesleyliving.com
What is the mission statement of Union Avenue Baptist Housing Ministries Inc?
Union Avenue Baptist Housing Ministries Inc, established in 1977, is a not-for-profit organization dedicated to providing housing and related services for elderly individuals with low and extremely low incomes. Originally financed under Section 202 of the National Housing Act, the organization operates a 85-unit community known as Union Avenue Baptist Towers. In 2008, the original mortgage was repaid with funds from a loan insured by HUD under Section 207 of the National Housing Act. The organization's primary mission is to offer a living space and related services for this specific demographic, aiming to improve their quality of life.
Official website here: www.wesleyliving.com
Who is the CEO of Union Avenue Baptist Housing Ministries Inc?
Beverly Herriman is the Principal Officer of Union Avenue Baptist Housing Ministries Inc.
Official website here: www.wesleyliving.com
What is the revenue of Union Avenue Baptist Housing Ministries Inc?
Union Avenue Baptist Housing Ministries Inc's revenue in 2022 was $880,134.
Official website here: www.wesleyliving.com
Who are the executives of Union Avenue Baptist Housing Ministries Inc and what are their salaries?
There 10 volunteers at Union Avenue Baptist Housing Ministries Inc.
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Official website here: www.wesleyliving.com
Where can I find the form 990 for Union Avenue Baptist Housing Ministries Inc?
Union Avenue Baptist Housing Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wesleyliving.com
Learn more at the official website: www.wesleyliving.com
Mission Statement of Union Avenue Baptist Housing Ministries Inc
Union Avenue Baptist Housing Ministries Inc, established in 1977, is a not-for-profit corporation with a mission to serve the needs of elderly individuals with very low and extremely low incomes. The organization operates a community located in Memphis, Tennessee, known as Union Avenue Baptist Towers. This project was initially funded under Section 202 of the National Housing Act and later, in 2008, the original mortgage was repaid with proceeds from a loan insured by HUD under Section 207 of the National Housing Act. The core activity of Union Avenue Baptist Housing Ministries Inc is providing housing and related services for the eligible elderly population, aiming to enhance their quality of life.
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Impact
October, 2024
Union Avenue Baptist Housing Ministries Inc significantly impacts the community by providing essential housing and support services to very low and extremely low-income elderly individuals. Located in Memphis, Tennessee, the organization operates the Union Avenue Baptist Towers, comprising 85 units specifically designed to meet the needs of vulnerable seniors.
By ensuring safe, affordable housing, it addresses a critical need for this demographic, fostering stability and security in their lives. The organization enhances the quality of life for residents by creating a supportive community where elderly individuals can thrive while receiving necessary services. This initiative not only contributes to the well-being of its residents but also strengthens the fabric of the local community by promoting inclusivity and support for some of its most vulnerable members. Through these efforts, Union Avenue Baptist Housing Ministries Inc plays a vital role in combating housing insecurity and improving the living conditions for elderly individuals in the Memphis area.
This information is meant to be a general summary of Union Avenue Baptist Housing Ministries 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: $12
- Program Service Revenue: $376,693
- Gross Receipts: $880,134
Assets and Liabilities:
- Total Assets: $1,058,092
- Total Liabilities: $2,642,656
- Net Assets: -$1,584,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$376,693
Organization Details
Founding Year
1981
Phone
(901) 274-5403Principal Officer
Beverly Herriman
Main Address
1615 APPLING ROAD, CORDOVA, TN, 38016
Website
www.wesleyliving.comNTEE Category
Code: L21 - Housing
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