Khalif Homes Inc Sanford Gardens

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

EIN: 581580060 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Khalif Homes Inc Sanford Gardens?

Khalif Homes Inc Sanford Gardens is a nonprofit organization dedicated to providing affordable living solutions through subsidized low-income housing programs. Specifically, they offer 50 apartments as public housing facilities, ensuring that individuals with limited financial means have access to safe and comfortable housing options. By operating within this mission, Khalif Homes Sanford Gardens plays a crucial role in supporting the local community by providing necessary housing solutions.

Is Khalif Homes Inc Sanford Gardens legitimate?

Khalif Homes Inc Sanford Gardens is a legitimate nonprofit organization registered as a 501(c)(3) entity. Khalif Homes Inc Sanford Gardens 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 Khalif Homes Inc Sanford Gardens?

Khalif Homes Inc's Sanford Gardens is dedicated to providing subsidized low-income housing. They operate 50 apartments as public housing facilities, aiming to make affordable housing accessible to individuals who require such assistance. The mission of Khalif Homes Sanford Gardens is to contribute to the betterment of the community by offering housing solutions to those in need, thereby promoting social equity.

Who is the CEO of Khalif Homes Inc Sanford Gardens?

Nathaniel Degraffinreaidt is the President of Khalif Homes Inc Sanford Gardens.

What is the revenue of Khalif Homes Inc Sanford Gardens?

Khalif Homes Inc Sanford Gardens's revenue in 2023 was $363,446.

Who are the executives of Khalif Homes Inc Sanford Gardens and what are their salaries?


Here are 2 key members and their salaries:


Nathaniel Degraffinreaidt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Waddell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Khalif Homes Inc Sanford Gardens?

Khalif Homes Inc Sanford Gardens's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Khalif Homes Inc Sanford Gardens

Khalif Homes Inc Sanford Gardens is dedicated to providing affordable housing solutions for individuals with limited income. As a public housing facility, it operates by offering 50 apartments through subsidized programs, catering to this segment of society. The organization's mission is centered around making housing accessible for those in need, ensuring they have a stable living environment. By operating as subsidized low-income housing, Khalif Homes Inc Sanford Gardens plays a vital role in providing a decent place to live for numerous individuals, enabling them to focus on other aspects of their lives with fewer financial constraints.

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Impact




October, 2024

Khalif Homes Inc Sanford Gardens significantly contributes to the Greensboro community by providing 50 subsidized low-income housing units. This initiative addresses the critical need for affordable housing, offering stable living conditions for families and individuals who might otherwise struggle to find safe and secure accommodations. By operating as public housing facilities, Khalif Homes helps to alleviate housing insecurity, enabling residents to focus on other aspects of their lives, such as employment and education. The presence of these housing units enhances the overall well-being of the community, fostering a more inclusive and supportive environment for all residents.




This information is meant to be a general summary of Khalif Homes Inc Sanford Gardens. 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
$363,446 (2023)
Expenses
$335,781 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $257
  • Program Service Revenue: $363,189
  • Gross Receipts: $363,446

Assets and Liabilities:

  • Total Assets: $1,090,894
  • Total Liabilities: $1,508,054
  • Net Assets: -$417,160

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Programs

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

SECTION 8 SUBSIDIES FROM HUD

Revenue

$236,223

RENTAL INCOME FROM TENANTS

Revenue

$153,129

TENANT CHARGES

Revenue

$1,713

VACANCIES

Revenue

-$27,876

Organization Details

Principal Officer

Nathaniel Degraffinreaidt

Main Address

2000 EAST WENDOVER AVENUE, GREENSBORO, NC, 27405

NTEE Category

Code: L21 - Housing

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