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First Baptist Housing Development Corporation

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

EIN: 581620954 ✦ Matthews, NC ✦ Designated as a 501(c)(3)

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Overview

What is First Baptist Housing Development Corporation?

First Baptist Housing Development Corporation is a nonprofit organization situated in Matthews, North Carolina. Their primary mission is to provide housing and related services to eligible elderly and disabled individuals, overseen and subsidized by the HUD (U.S. Department of Housing and Urban Development). Their activities are centered around offering housing solutions, ensuring that qualified individuals in need have access to suitable accommodations.

Is First Baptist Housing Development Corporation legitimate?

First Baptist Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Baptist 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: $0

For more financial information, click here

What is the mission statement of First Baptist Housing Development Corporation?

The mission of First Baptist Housing Development Corporation is centered around providing housing and related services to eligible elderly and disabled individuals. This organization operates under programs that are supervised and subsidized by HUD. Their primary goal is to ensure these individuals receive the necessary housing assistance they require, thereby improving their quality of life. By doing so, they contribute to fostering a supportive environment for these vulnerable groups.

Who is the CEO of First Baptist Housing Development Corporation?

Wixie Stephens is the Chairman of First Baptist Housing Development Corporation.

What is the revenue of First Baptist Housing Development Corporation?

First Baptist Housing Development Corporation's revenue in 2023 was $311,105.

Who are the executives of First Baptist Housing Development Corporation and what are their salaries?

There 9 volunteers at First Baptist Housing Development Corporation.


Here are 9 key members and their salaries:


Wixie Stephens (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelby Foy (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Carmichael (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Cole (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mcmillian (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
King Evans (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Evans (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Matthews (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willis Brown (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Baptist Housing Development Corporation?

First Baptist Housing Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of First Baptist Housing Development Corporation

First Baptist Housing Development Corporation is dedicated to providing housing and related services to eligible elderly and disabled individuals. This nonprofit organization operates under programs that are supervised and subsidized by HUD. The mission of First Baptist Housing Development Corporation is to ensure that these vulnerable groups have access to suitable living spaces and necessary support services. By leveraging HUD's programs, the corporation strives to make a substantial difference in the lives of its beneficiaries, contributing to their overall well-being and independence.

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Impact




October, 2024

First Baptist Housing Development Corporation significantly impacts the lives of qualified elderly and disabled individuals by providing access to safe and affordable housing. Located in Matthews, NC, the organization focuses on creating living environments that meet the unique needs of these populations. By facilitating housing and related services under programs supervised and subsidized by HUD, it ensures that vulnerable community members have a place to call home, enhancing their overall quality of life. The support and services offered enable residents to maintain their independence while also receiving necessary assistance, fostering a sense of community and belonging among those they serve.




This information is meant to be a general summary of First Baptist 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
$311,105 (2023)
Expenses
$307,993 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $21
  • Program Service Revenue: $94,407
  • Gross Receipts: $311,105

Assets and Liabilities:

  • Total Assets: $1,231,218
  • Total Liabilities: $1,053,558
  • Net Assets: $177,660

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$91,905

LAUNDRY AND VENDING

Revenue

$2,268

TENANT CHARGES

Revenue

$234

Organization Details

Founding Year

1985

Principal Officer

Wixie Stephens

Main Address

300 EAST JOHN STREET 138, MATTHEWS, NC, 28105

NTEE Category

Code: L22Z - Housing

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