Overview
What is Highwood Apartments Inc?
Highwood Apartments Inc is a nonprofit corporation established to manage a 44-unit apartment complex named Highwood Apartments in Columbus, North Carolina. The organization was founded under Section 202 of the National Housing Act and has entered into regulatory agreements with the Federal Housing Administration (FHA) section of HUD. This partnership allows Highwood Apartments Inc to provide rent assistance for low-income families or individuals through a Housing Assistance Payment Contract (HAP Contract) under the Section 8 program of the National Housing Act. The nonprofit's primary objective is to ensure affordable housing for eligible individuals, contributing to the well-being and stability of the local community.
Is Highwood Apartments Inc legitimate?
Highwood Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highwood Apartments 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: $0
For more financial information, click here
What is the mission statement of Highwood Apartments Inc?
Highwood Apartments Inc, as a not-for-profit corporation, was established with the purpose of managing and operating a 44-unit apartment complex. This complex is located in Columbus, North Carolina and is known as Highwood Apartments. The corporation was organized under Section 202 of the National Housing Act, and it has entered into regulatory agreements with the Federal Housing Administration section of HUD. The primary mission of Highwood Apartments Inc is to provide rental assistance for low-income families or individuals through a Housing Assistance Payment Contract (HAP Contract), which is part of the Section 8 program under the National Housing Act. This assistance enables these families or individuals to afford housing in the community.
Who is the CEO of Highwood Apartments Inc?
Darrel Moore is the Vice-Chairperson of Highwood Apartments Inc.
What is the revenue of Highwood Apartments Inc?
Highwood Apartments Inc's revenue in 2022 was $397,146.
Who are the executives of Highwood Apartments Inc and what are their salaries?
There 7 volunteers at Highwood Apartments Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Highwood Apartments Inc?
Highwood Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Highwood Apartments Inc
Highwood Apartments Inc, a not-for-profit corporation, was established with a mission to own and operate a 44-unit apartment community. This community, known as Highwood Apartments, is located in Columbus, North Carolina. The organization was established under Section 202 of the National Housing Act, with the Federal Housing Administration (FHA) Section of HUD entering into standard regulatory agreements that govern the operation of the community.
Highwood Apartments Inc's primary objective is to provide rental assistance to low-income families or individuals, as stipulated by the Section 8 program of the National Housing Act. To accomplish this, the corporation has secured a Housing Assistance Payment Contract (HAP Contract) with the HUD. This contract is instrumental in providing financial aid for the residents of Highwood Apartments, enabling them to afford housing that would otherwise be beyond their means. This mission of Highwood Apartments Inc plays a significant role in promoting affordable housing and ensuring that low-income families have access to safe and comfortable living spaces.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Highwood Apartments Inc plays a significant role in the community by providing affordable housing options for low-income families and individuals in Columbus, North Carolina. By managing a 44-unit apartment community, it directly contributes to alleviating housing insecurity and enhancing living conditions for those who might otherwise struggle to find safe and stable homes.
The operation of Highwood Apartments is governed by regulatory agreements with the Federal Housing Administration, ensuring compliance with standards that promote quality living environments. The Housing Assistance Payment (HAP) contract with HUD further bolsters its impact by offering rental assistance through the Section 8 program. This helps to lower the financial burden on tenants, making it possible for them to access affordable housing that meets their needs.
Overall, Highwood Apartments Inc serves as a vital resource in the community, addressing critical housing challenges and supporting families in achieving greater economic stability.
This information is meant to be a general summary of Highwood Apartments 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: -$10,528
- Program Service Revenue: $117,149
- Gross Receipts: $407,699
Assets and Liabilities:
- Total Assets: $575,984
- Total Liabilities: $1,392,551
- Net Assets: -$816,567
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL PAYMENTS
Revenue
$114,599
LAUNDRY AND VENDING
Revenue
$2,278
TENANT CHARGES
Revenue
$272
Organization Details
Founding Year
1982
Phone
(803) 260-3000Principal Officer
Darrel Moore
Main Address
PO BOX 5539, GREENVILLE, SC, 29606
NTEE Category
Code: L20Z - Housing
If you are a representative of Highwood Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.