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Holston Development Corporation

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

EIN: 581575847 ✦ Gray, TN ✦ Designated as a 501(c)(3)

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Overview

What is Holston Development Corporation?

Holston Development Corporation is a non-profit organization dedicated to serving chronically mentally ill adults. Based on the provided information, they operate a residential sheltered group home, funded by the U.S Department of Housing and Urban Development, with 10 subsidized units. Their primary mission is to provide a supportive living environment for this specific group of individuals, aiming to improve their quality of life. The organization does not seem to focus on any specific activity or mission beyond its residential service, as stated in the information.


Official website here: www.frontierhealth.org

Is Holston Development Corporation legitimate?

Holston Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holston Development Corporation submitted a form 990EZ, 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.


Official website here: www.frontierhealth.org

What is the mission statement of Holston Development Corporation?

The Holston Development Corporation is dedicated to providing a group home for chronically mentally ill adults. Their mission is to offer a supportive living environment, funded by the U.S Department of Housing and Urban Development, for individuals struggling with mental illness. The organization aims to improve the quality of life for these adults, offering them a stable and nurturing environment to help them navigate their daily lives. With 10 subsidized units available, the Holston Development Corporation strives to make a difference in the lives of those in need.


Official website here: www.frontierhealth.org

Who is the CEO of Holston Development Corporation?

Kristie Hammonds is the President of Holston Development Corporation.


Official website here: www.frontierhealth.org

What is the revenue of Holston Development Corporation?

Holston Development Corporation's revenue in 2023 was $68,553.


Official website here: www.frontierhealth.org

Who are the executives of Holston Development Corporation and what are their salaries?


Here are 8 key members and their salaries:


Diane Bowen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Ginger Naseri (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Hammonds (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Parsons (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Perry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Feathers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Greene (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Trantham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.frontierhealth.org

Where can I find the form 990EZ for Holston Development Corporation?

Holston Development Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.frontierhealth.org

Learn more at the official website: www.frontierhealth.org

Mission Statement of Holston Development Corporation

Holston Development Corporation, a non-profit organization, is dedicated to providing a safe and supportive living environment for chronically mentally ill adults. With a mission to create a group home for individuals struggling with mental illness, the corporation offers 10 subsidized units funded by the U.S Department of Housing and Urban Development. By offering these resources, Holston Development Corporation aims to provide a sanctuary where these individuals can receive the care and support they need to manage their conditions and live fulfilling lives.

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Impact




June, 2024

The impact of Holston Development Corporation can be seen in its provision of a residential sheltered group home service for chronic mentally ill adults. By offering a supportive and safe living environment for this vulnerable population, the organization plays a crucial role in improving the quality of life for those grappling with mental health challenges. The 10 subsidized units provided by Holston Development Corporation, funded by the U.S Department of Housing Urban Development, serve as a vital resource for individuals in need of specialized care and assistance. Through its mission to offer a group home for the mentally ill, Holston Development Corporation contributes significantly to the well-being and stability of its residents, promoting mental health and community support in the city of Gray, TN.




This information is meant to be a general summary of Holston 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
$68,553 (2023)
Expenses
$69,398 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5
  • Program Service Revenue: $66,700
  • Gross Receipts: $68,553

Assets and Liabilities:

  • Total Assets: $133,018
  • Total Liabilities: $90,915
  • Net Assets: $42,103

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Organization Details

Principal Officer

Kristie Hammonds

Main Address

PO Box PO Box 9054, GRAY, TN, 376159054

NTEE Category

Code: F33Z - Mental health

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