Smith County Housing Development Corporation

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

EIN: 581387898 ✦ Carthage, TN ✦ Designated as a 501(c)(4)

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Overview

What is Smith County Housing Development Corporation?

Smith County Housing Development Corporation is a nonprofit organization situated in Carthage, Tennessee. Their primary mission is to provide subsidized housing for the elderly, catering to their needs through senior citizens housing and retirement communities. This initiative ensures affordable living options for the elderly population, thereby enhancing their quality of life.

Is Smith County Housing Development Corporation legitimate?

Smith County Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Smith County Housing Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,300

For more financial information, click here

What is the mission statement of Smith County Housing Development Corporation?

The Smith County Housing Development Corporation is committed to providing subsidized housing for the elderly. They accomplish this by establishing senior citizens housing and retirement communities. Their mission is to ensure affordable living options for the elderly, enhancing their quality of life. By offering these facilities, they aim to provide a safe and comfortable environment for the elderly, enabling them to live with dignity and independence. The corporation's activities primarily focus on senior housing, contributing to the well-being and support of the elderly population.

Who is the CEO of Smith County Housing Development Corporation?

Ricky Shoulders is the President of Smith County Housing Development Corporation.

What is the revenue of Smith County Housing Development Corporation?

Smith County Housing Development Corporation's revenue in 2022 was $207,004.

Who are the executives of Smith County Housing Development Corporation and what are their salaries?

The average compensation at Smith County Housing Development Corporation during 2022 was $28,300. There is 1 employee at Smith County Housing Development Corporation.


Here are 6 key members and their salaries:


Ricky Shoulders (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Taylor Wilkerson (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Babcock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mason (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bass (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Nesbitt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Smith County Housing Development Corporation?

Smith County Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Smith County Housing Development Corporation

Smith County Housing Development Corporation is dedicated to providing subsidized housing solutions for the elderly. This nonprofit organization achieves this mission by establishing senior citizens housing and retirement communities. Situated in Carthage, TN, these facilities offer affordable housing options, ensuring that the elderly community has a suitable living environment. By offering subsidized housing, the corporation aims to alleviate financial burdens and ensure that the elderly can maintain a dignified living standard. The organization's commitment to the elderly community is evident in its provision of subsidized housing, thereby contributing to their overall well-being and quality of life.

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Impact




October, 2024

Smith County Housing Development Corporation significantly impacts the community by providing subsidized housing for elderly residents. Located in Carthage, TN, it offers essential support through senior citizens housing and retirement communities, ensuring that older adults have access to safe, affordable living options. This initiative not only alleviates financial burdens for seniors but also fosters a sense of community, allowing residents to maintain independence while enjoying a supportive environment. By addressing the housing needs of the elderly, the organization enhances their quality of life and promotes dignity and respect in aging.




This information is meant to be a general summary of Smith County Housing Development 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.

Revenue
$207,004 (2022)
Expenses
$143,434 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,096
  • Program Service Revenue: $145,499
  • Gross Receipts: $207,004

Assets and Liabilities:

  • Total Assets: $535,779
  • Total Liabilities: $320,083
  • Net Assets: $215,696

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Programs

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

RENTAL INCOME

Revenue

$143,989

LAUNDRY INCOME

Revenue

$1,240

TENANT CHARGES

Revenue

$270

Organization Details

Founding Year

1975

Principal Officer

Ricky Shoulders

Main Address

110 HORIZON CIR APT A-109, CARTHAGE, TN, 37030

NTEE Category

Code: L22 - Housing

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